Senior Intercompany Accountant
About The Position
Lambda is hiring a Senior Intercompany Accountant to support the integrity and scalability of its financial statements across a growing number of legal entities, currencies, and business lines. The role owns end-to-end intercompany accounting, including recording, reconciliation, eliminations, and settlements, and helps build consolidation processes, systems, and controls for the company's preparation to operate as a public company. This position is based in Lambda’s San Jose office and requires in-office presence four days per week. The designated work-from-home day is currently Tuesday. The role partners with Tax, Treasury, Financial Systems, Accounting Operations, Technical Accounting, FP&A, local finance teams, and auditors to support intercompany policies, system processes, statutory reporting, SOX controls, audits, and IPO-ready consolidation infrastructure.
Requirements
- 5+ years of progressive intercompany accounting experience, including significant experience with consolidations at international corporations with multiple entities.
- Bachelor's degree in Accounting, Finance, or a related field.
- Deep hands-on experience with NetSuite OneWorld.
- Strong technical accounting knowledge of US GAAP consolidation principles, including ASC 810, ASC 830 foreign currency, and ASC 805 business combinations as applicable.
- Experience partnering cross-functionally with Technical Accounting, Accounting Operations, FP&A, Tax, and Financial Systems teams.
- Excellent communication skills, including the ability to explain complex consolidation and technical accounting concepts to non-accounting stakeholders.
- High attention to detail and comfort working in a fast-paced, high-growth environment with evolving processes.
Nice To Haves
- Extensive experience with the NetSuite Advanced Intercompany Module and automated elimination.
- CPA.
- Prior experience at a company that scaled through an IPO or prepared for one, including the S-1 process, auditor readiness, or public company reporting timelines.
- Experience with consolidation or close automation tools such as Coupa, BlackLine, Pigment, or Workday integrated with NetSuite.
- Experience with multicurrency, multi-entity structures spanning international subsidiaries and local statutory reporting.
- Experience with equity accounting for non-controlling interests, joint ventures, or variable interest entities.
- Experience in a capital-intensive or infrastructure-heavy business, such as data centers, cloud infrastructure, or hardware.
Responsibilities
- Own end-to-end intercompany transactions across all legal entities, including recording, reconciliation, eliminations, and settlements for items such as management fees, transfer pricing, capital injections, cost allocations, loans, royalties, and inventory, fixed asset, and service transfers.
- Maintain intercompany policies, procedures, and process documentation; ensure consistent treatment across entities; and design, document, and continuously improve intercompany accounting policy.
- Serve as the business process owner for NetSuite intercompany accounting, ensuring proper eliminations at the appropriate consolidation levels.
- Partner with Financial Systems on NetSuite configuration, enhancements, and automation of worldwide intercompany processes.
- Partner with Tax on intercompany transfer pricing policies and dispute-resolution workflows between entities.
- Partner with Treasury on entity formation, capital injections, and ongoing intercompany settlements.
- Coordinate between Accounting Operations, Technical Accounting, and Financial Systems to ensure consolidation requirements are reflected in system design.
- Serve as SOX control owner for intercompany-related controls; ensure controls are properly designed, evidenced, and operating effectively, and partner with Internal Audit and external auditors on testing.
- Manage statutory reporting requirements and local GAAP-to-US GAAP adjustments for international subsidiaries in partnership with local finance teams and external advisors.
- Help build IPO-ready consolidation infrastructure.
- Support the year-end audit by preparing consolidation-related audit deliverables and serving as a key contact for auditors on consolidation matters.
Benefits
- Generous cash and equity compensation.
- Health, dental, and vision coverage for employees and their dependents.
- Wellness and commuter stipends for select roles.
- 401(k) plan with a 2% company match for USA employees.
- Flexible paid time off plan.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
