Intercompany Accountant

Diamond Foundry • Bay Area, CA

3d

About The Position

The Intercompany Accountant will own intercompany processes across a global group of roughly 20 subsidiaries, including entities in the United States, Spain, Germany, and the UAE. The role prepares transactions in subsidiaries’ functional currencies and supports foreign exchange revaluation, cumulative translation adjustment, and consolidation into the US parent company’s USD financial presentation. It reports to a Senior Accountant and collaborates with the wider global accounting team.

The role prepares recurring and ad-hoc intercompany entries, maintains and reconciles intercompany accounts, and contributes to an accelerated month-end close. It also oversees intercompany purchase and sales order activity in NetSuite and supports projects, process improvements, and audit requests.

Requirements

• Bachelor’s degree in Accounting or Finance.
• At least 2 years of accounting experience, including hands-on month-end close experience.
• Experience at a multi-entity global company transacting in multiple currencies.
• Advanced spreadsheet skills, including complex formulas, pivot tables, and multi-tab models.
• Exceptional organization and communication skills; ability to own work end to end, collaborate cross-functionally with non-accounting teams, and seek out process improvements.

Nice To Haves

• Experience in manufacturing, inventory-heavy, or vertically integrated businesses.
• Working knowledge of intercompany entries, transfer pricing, elimination entities, foreign exchange revaluation, and cumulative translation adjustments.
• Experience with NetSuite OneWorld or a similar multi-subsidiary ERP.

Responsibilities

• Own intercompany journal entries, including transfer pricing, intercompany sales and cost of goods sold, shared-expense cross charges, and cash settlements.
• Prepare elimination and consolidation entries, including intercompany profit margin eliminations and payable and receivable netting.
• Reconcile intercompany payable, receivable, and investment accounts between subsidiaries and prepare supporting schedules within the close calendar.
• Oversee intercompany purchase order and sales order creation in NetSuite, track intercompany billing, and investigate unbilled or unmatched activity.
• Assist with ad-hoc projects, process improvements, and audit requests.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level