Principal Accountant - Intercompany Accounting

Summary

Core Responsibilities

Global Intercompany Accounting Oversight

• Support and maintain the company’s global intercompany accounting policies and governance framework.
• Oversee intercompany transactions across legal entities, including:
• Management fees
• Shared services allocations
• Cost recharges
• Cross-border product and service transfers
• Intercompany loans and interest
• Equity transactions and capital movements
• Ensure consistent accounting treatment across regions and compliance with U.S. GAAP.
• Partner with regional accounting teams to drive alignment and operational consistency globally.

Settlement & Netting Operations

• In coordination with Treasury, manage centralized intercompany settlement and netting processes.
• Oversee monthly and quarterly intercompany true-ups and settlement activities.
• Ensure timely and accurate settlement execution across multi-currency environments.
• Monitor FX-related impacts and reconciliation activities.
• Drive standardization of intercompany invoicing and payment practices.
• Support cash management and funding coordination activities with Treasury.

Close & Consolidation Support

• Lead timely intercompany reconciliations in support of monthly and quarterly close cycles.
• Support accurate elimination of intercompany balances and transactions during consolidation.
• Resolve out-of-balance conditions and reconciliation discrepancies proactively.
• Partner with global controllership teams to reduce intercompany aging and disputes.
• Support accurate legal entity and segment reporting.

Job Description

Core Responsibilities

Global Intercompany Accounting Oversight

• Support and maintain the company’s global intercompany accounting policies and governance framework.
• Oversee intercompany transactions across legal entities, including:
• Management fees
• Shared services allocations
• Cost recharges
• Cross-border product and service transfers
• Intercompany loans and interest
• Equity transactions and capital movements
• Ensure consistent accounting treatment across regions and compliance with U.S. GAAP.
• Partner with regional accounting teams to drive alignment and operational consistency globally.

Settlement & Netting Operations

• In coordination with Treasury, manage centralized intercompany settlement and netting processes.
• Oversee monthly and quarterly intercompany true-ups and settlement activities.
• Ensure timely and accurate settlement execution across multi-currency environments.
• Monitor FX-related impacts and reconciliation activities.
• Drive standardization of intercompany invoicing and payment practices.
• Support cash management and funding coordination activities with Treasury.

Close & Consolidation Support

• Lead timely intercompany reconciliations in support of monthly and quarterly close cycles.
• Support accurate elimination of intercompany balances and transactions during consolidation.
• Resolve out-of-balance conditions and reconciliation discrepancies proactively.
• Partner with global controllership teams to reduce intercompany aging and disputes.
• Support accurate legal entity and segment reporting.