Intercompany Elimination Agent
Matches and eliminates intercompany balances across legal entities.
Reconciles the bank's hundreds of legal entities against each other, matches the intercompany pairs, and eliminates them on consolidation, resolving the mismatches down to FX timing or a cut-off difference.
Authority
Act within policy
Team role
Completes a defined task
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Financial Controllers & Reporting
Desk workflow
Sub-ledger feeds, then GL reconciliation, then journal entries, then intercompany elimination, then consolidation, then close sign-off and financial statements.
Collaboration
Calls several specialists in parallel
Decision boundary
Acts only within an explicit policy, permission and escalation boundary.
Systems and capabilities involved
Consolidation system
Entity sub-ledgers
Cross-entity matching
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
Context
What the role needs to do the work
- Current work
- The entity pair under reconciliation and the unmatched residual.
- Prior interactions
- Recurring mismatches and their usual cause (FX timing, cut-off).
- Policies and reference
- Legal-entity map, intercompany account structure, elimination rules.
- Working method
- Not specified for this role.
Checks and boundaries
What must be tested or reviewed
- 01Mismatches above materiality escalate to the owning entities' books agents, never auto-eliminated.
- 02Elimination entries balance to zero on consolidation or the run fails.
- 03Versioned, reversible elimination postings with diff review.
Human authority
Acts only within an explicit policy, permission and escalation boundary.
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