Intercompany Accountant

Cohu•San Diego, CA

3d•$72,000 - $80,000•Hybrid

About The Position

This role is responsible for processing intercompany invoices, credit memos, chargebacks, and cross-charge transactions among global entities. The accountant will create, review, and manage these transactions using Oracle Intercompany, Accounts Receivable, and Accounts Payable modules. Key responsibilities include maintaining logs, settlement schedules, payment tracking, and supporting documentation. The position also involves distributing invoices, responding to inquiries, coordinating settlements and cash transfers, and researching/resolving discrepancies and system exceptions. Additionally, the role requires preparing monthly reconciliations of various intercompany accounts, ensuring balances are reconciled before period close, preparing balance confirmations, and coordinating resolution of differences. The accountant will also prepare and process intercompany allocations and cross charges, collaborate with business partners to validate methodologies, and identify opportunities for process improvement. Finally, the role contributes to month-end, quarter-end, and year-end close by preparing and posting journal entries related to intercompany activities, including accruals and adjustments.

Requirements

Strong understanding of accounting principles and intercompany accounting concepts.
Proficiency in Microsoft Excel, including Pivot Tables, VLOOKUP.
Excellent organizational skills and attention to detail.
Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Strong written and verbal communication skills.
Ability to collaborate effectively with domestic and international accounting and finance teams.
Bachelor's degree in Accounting, Finance, or a related field required.
3 to 5 years of accounting experience, preferably with intercompany accounting responsibilities.

Nice To Haves

Experience with Oracle ERP or similar enterprise financial systems preferred.
Experience with Manufacturing environments preferred.
Experience working with multinational organizations and global business partners preferred.

Responsibilities

Process intercompany invoices, credit memos, chargebacks, and cross-charge transactions among global entities.
Create, review, and manage intercompany transactions using Oracle Intercompany, Accounts Receivable, and Accounts Payable modules.
Maintain intercompany invoice logs, settlement schedules, payment tracking records, and supporting documentation.
Distribute intercompany invoices and supporting schedules to affiliate entities and respond to related inquiries.
Coordinate and process periodic intercompany settlements and cash transfers.
Research and resolve transaction discrepancies, Oracle workflow issues, and system exceptions.
Prepare monthly reconciliations of intercompany receivable, payable, accrual, clearing, and other related accounts.
Ensure intercompany balances are reconciled and matched across global entities before period close.
Prepare and distribute intercompany balance confirmations and coordinate resolution of reconciling differences.
Investigate and resolve aged balancing items and account discrepancies in a timely manner.
Maintain supporting documentation for reconciliations in accordance with company policies and SOX requirements.
Coordinate reconciliation activities with accounting personnel across multiple international locations.
Prepare and process recurring intercompany allocations and cross charges, including shared services, IT, facilities, insurance, commissions, employee benefits, payroll-related costs, and other corporate expenses.
Collaborate with business partners to validate allocation methodologies, supporting calculations, and billing amounts.
Identify opportunities to improve, standardize, and automate intercompany accounting processes.
Prepare, review, and post recurring and non-recurring journal entries related to intercompany accounting activities.
Record accruals and adjustments related to allocations, cross charges, settlements, and shared service costs.