Intercompany Accountant
Diamond Foundry
Intercompany Accountant
Diamond Foundry
Manufactures diamond wafers for thermal management
Salary Range: 35000 to 39000 (Currency: EUR) (Pay period: per-year-salary)
We are hiring an Accountant to own intercompany processes across a global group of roughly 20 subsidiaries in the United States, Spain, Germany, UAE, among other countries. This role will prepare transactions in the various functional currencies of these subsidiaries, which will require knowledge of foreign exchange revaluation, cumulative translation adjustment, and consolidation into the US Parent company USD financial presentation.
This role will report to a Senior Accountant and will require collaboration with the wider global accounting team. You will prepare recurring and ad-hoc intercompany entries, maintain and reconcile intercompany accounts, and be a key player in our accelerated month-end close.
Own intercompany journal entries, including transfer pricing, intercompany sales and COGS, cross charges for shared expenses, and cash settlements
Prepare elimination and consolidation entries, including intercompany profit margin elimination and payable and receivable netting
Reconcile intercompany payable, receivable, and investment accounts between subsidiaries and prepare supporting schedules within the close calendar
Oversee intercompany purchase order and sales order creation in NetSuite, track intercompany billing, and investigate unbilled or unmatched activity
Assist with ad hoc projects, process improvements, and audit requests
Bachelor’s degree in Accounting or Finance with 2+ years of accounting experience, including hands-on month-end close experience
Experience at a multi-entity global company transacting in multiple currencies, ideally in manufacturing, inventory-heavy, or vertically integrated businesses
Working knowledge of intercompany entries, transfer pricing, elimination entities, foreign exchange revaluation, and cumulative translation adjustments is a plus
Advanced spreadsheet skills, including complex formulas, pivot tables, and multi-tab models. Experience with NetSuite OneWorld or similar multi-subsidiary ERP is a plus
Exceptional organization and communication skills, with the ability to own work end to end, collaborate cross-functionally with non-accounting teams, and seek out process improvements
Manufactures diamond wafers for thermal management
Diamond Foundry produces single crystal diamond wafers used to improve heat management in high-tech systems. They develop and manufacture semiconductor-grade diamond wafers and related technologies for B2B customers, including AI, EVs, and wireless communications, to help devices run cooler and more efficiently. The wafers leverage diamond's exceptional thermal conductivity to spread and dissipate heat from powerful chips beyond what traditional materials can handle. They differentiate themselves by offering a sustainable, zero-carbon production process and a complete semiconductor-grade tech stack, targeting Tier 1 automakers and other high-tech firms. Their goal is to lead in both advanced materials and environmental sustainability by providing reliable, high-performance cooling solutions for mega tech applications.
Explore more opportunities at Diamond Foundry