NEW JOB OPENING
INTERCOMPANY ACCOUNTING SPECIALIST
IN Menlo Park, CA, USA!

Must-Have HARD Skills:

•A strong understanding of accounting standards such as GAAP and IFRS is crucial for ensuring compliance and accuracy in financial reporting.

•Experience with enterprise resource planning (ERP) systems like SAP or Oracle is important

•Effective communication skills to collaborate with cross-functional teams and convey complex financial information clearly.

•5-10 years of experience required.

•Accounting Degree required

•CPA preferred.



Nice-to-have Skills

•Meticulous attention to detail, ability to troubleshoot and resolve complex financial discrepancies and issues.

•Proficiency in reconciling intercompany accounts to identify and resolve discrepancies.

•Someone with prior experience on the client accounting team preferred.



The Intercompany Accounting Specialist is responsible for working alongside the Intercompany team in executing the intercompany close processes and reconciliations to ensure accurate and timely financial reporting. This role involves clearing and settling intercompany balances, managing entity structures, and ensuring compliance with accounting standards and company policies.



Key Responsibilities:

•Intercompany Close Processes: Oversee the monthly and quarterly intercompany close processes, ensuring all transactions are accurately recorded and reconciled in accordance with GAAP and IFRS standards.

•Reconciliations: Perform detailed reconciliations of intercompany accounts to identify discrepancies and ensure alignment between entities. Resolve any variances in a timely manner.

•Clearing/Settling Balances: Manage the clearing and settlement of intercompany balances, coordinating with various departments to ensure efficient and accurate processing.

•Entity Management: Assist in maintaining and updating entity structures through an entity lifecycle, including onboard, modifications, and offboarding entities.

•Collaboration: Work closely with finance teams across different regions to facilitate smooth intercompany operations and support global financial initiatives.

•Process Improvement: Identify opportunities for process improvements and automation to enhance the efficiency and accuracy of intercompany accounting operations.



Qualifications:

•5+ years of professional intercompany accounting experience for businesses with a multi-org setup.

•A strong understanding of accounting standards such as GAAP and IFRS is crucial for ensuring compliance and accuracy in financial reporting.

•Experience with enterprise resource planning (ERP) systems like SAP or Oracle is important

•Effective communication skills to collaborate with cross-functional teams and convey complex financial information clearly.

•Meticulous attention to detail

•Ability to troubleshoot and resolve complex financial discrepancies and issues

•Proficiency in reconciling intercompany accounts to identify and resolve discrepancies

•Bachelor's degree in Accounting or related field.

•CPA preferred.



Key Projects/Day-to-Day Responsibilities:

•Clearing and Settling Balances: Facilitate the clearing and settlement of intercompany balances, ensuring that all transactions are processed efficiently and in compliance with company policies and accounting standards.

•Entity Management: Working alongside Legal, help maintain and update the organizational structure of entities within the company.

•Collaboration and Communication: Work closely with finance teams across different regions to facilitate smooth intercompany operations and support global financial initiatives.



•Intercompany team of 6 people and will be working closely with cross functional teams such as tax, legal, treasury, AP/AR.



•How will performance be measured?

Performance for roles in intercompany accounting and reconciliations is typically measured through a combination of regular one-on-one meetings, self-evaluations, peer feedback, and performance summaries.



•How many rounds of interviews?

2-3 rounds



•Types of Interviews (behavioral, technical, presentation, etc.)

Standard behavioral questions, along with technical questions relating to intercompany and FX



•Interview Duration

30 min durations

• **Only those lawfully authorized to work in the designated country associated with the position will be considered.**

• **Please note that all Position start dates and duration are estimates and may be reduced or lengthened based upon a client’s business needs and requirements.**