What are the responsibilities and job description for the Accounting Manager position at Akidev Corporation?
Job Title: Accounting Manager III
Location: Menlo Park, CA (Onsite)
Duration: 6 months
Job Description: 5-10 years of experience required.
Accounting Degree required, CPA preferred.
The Intercompany Accounting Specialist is responsible for working alongside the Intercompany team in executing the intercompany close processes and reconciliations to ensure accurate and timely financial reporting. This role involves clearing and settling intercompany balances, managing entity structures, and ensuring compliance with accounting standards and company policies.
Key Responsibilities:
Intercompany Close Processes: Oversee the monthly and quarterly intercompany close processes, ensuring all transactions are accurately recorded and reconciled in accordance with GAAP and IFRS standards.
Reconciliations: Perform detailed reconciliations of intercompany accounts to identify discrepancies and ensure alignment between entities. Resolve any variances in a timely manner.
Clearing/Settling Balances: Manage the clearing and settlement of intercompany balances, coordinating with various departments to ensure efficient and accurate processing.
Entity Management: Assist in maintaining and updating entity structures through an entity lifecycle, including onboard, modifications, and offboarding entities.
Collaboration: Work closely with finance teams across different regions to facilitate smooth intercompany operations and support global financial initiatives.
Process Improvement: Identify opportunities for process improvements and automation to enhance the efficiency and accuracy of intercompany accounting operations.
Qualifications:
• 5 years of professional intercompany accounting experience for businesses with a multi-org setup.
• A strong understanding of accounting standards such as GAAP and IFRS is crucial for ensuring compliance and accuracy in financial reporting.
• Experience with enterprise resource planning (ERP) systems like SAP or Oracle is important
• Effective communication skills to collaborate with cross-functional teams and convey complex financial information clearly.
• Meticulous attention to detail
• Ability to troubleshoot and resolve complex financial discrepancies and issues
• Proficiency in reconciling intercompany accounts to identify and resolve discrepancies
• Bachelor's degree in accounting or related field.
• CPA preferred.
