Principal Accountant - Intercompany Accounting

Mobility Global • Centreville, VA

2d

About The Position

Mobility Global is establishing a centralized and controlled global intercompany accounting function to ensure accuracy, transparency, and timely settlement across its legal entities. The Principal Accountant will support and execute the company’s global intercompany accounting strategy and settlement framework, leading day-to-day governance, reconciliation, elimination, and settlement processes. The position partners with Treasury, Tax, and Global Controllership and supports long-term process standardization.

The role oversees intercompany accounting across regions and transaction types, coordinates centralized settlement and netting, supports monthly and quarterly close and consolidation, and helps establish standalone processes and manage Transitional Service Agreement (TSA) accounting during a spin-off transition. It also maintains SOX-compliant controls, supports ERP and consolidation system improvements, advances automation and process improvements, and provides cross-functional support and leadership reporting on intercompany issues and risks.

Requirements

• Bachelor’s degree in Accounting or Finance.
• At least 8 years of progressive accounting experience.
• Significant experience with complex, multi-entity intercompany accounting environments.
• Experience with global operations and multi-currency settlements.
• Strong knowledge of U.S. GAAP consolidation principles and intercompany eliminations.

Nice To Haves

• Experience in a publicly traded company; revenue of $1 billion or more is preferred.
• CPA credential preferred.
• Knowledge of foreign currency translation and Currency Translation Adjustment (CTA).
• Experience with Oracle or SAP ERP systems is strongly preferred.
• Transfer pricing coordination knowledge.

Responsibilities

• Support and maintain global intercompany accounting policies and governance.
• Oversee intercompany transactions across legal entities, including management fees, shared services allocations, cost recharges, cross-border product and service transfers, intercompany loans and interest, and equity transactions and capital movements.
• Ensure consistent accounting treatment across regions and compliance with U.S. GAAP; partner with regional accounting teams to promote global alignment and consistency.
• Coordinate centralized intercompany settlement and netting processes with Treasury.
• Oversee monthly and quarterly intercompany true-ups and settlement activities, ensuring timely and accurate settlement across multiple currencies.
• Monitor foreign exchange impacts and reconciliation activities; standardize intercompany invoicing and payment practices.
• Support cash management and funding coordination with Treasury.
• Lead timely intercompany reconciliations for monthly and quarterly close, support accurate consolidation eliminations, and proactively resolve imbalances and discrepancies.
• Partner with Global Controllership to reduce intercompany aging and disputes and support legal entity and segment reporting.
• Support implementation of standalone intercompany accounting structures with Tax and Treasury.
• Oversee accounting and settlement activities related to Transitional Service Agreements (TSAs), and help implement scalable processes to replace inherited legacy structures.
• Coordinate with Tax to align operational accounting with transfer pricing policies.
• Maintain SOX-compliant controls, documentation, and approval workflows for intercompany accounting, reconciliations, and eliminations.
• Partner with SOX and Internal Audit on testing and remediation, and identify opportunities to reduce manual journal entries and improve automation.
• Support ERP and consolidation system enhancements, automated matching and eliminations, and standardized intercompany coding and chart-of-accounts governance.
• Drive process improvements to reduce reconciliation cycle times and recurring disputes; evaluate automation opportunities and scalable solutions.
• Partner with Tax, Treasury, Global Controllership, FP&A, Technical Accounting, and external service providers.
• Act as an escalation point for intercompany accounting and settlement issues and support leadership reporting and executive visibility into intercompany risks and aging trends.

Benefits

• Competitive compensation package, including base salary and incentive opportunities where applicable.
• Comprehensive health and wellness benefits for employees and eligible dependents.
• Retirement savings programs, including company matching contributions where available.

What This Job Offers

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