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.
Responsibilities
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
Requirements
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
Skills Required
- Bachelor's degree in Accounting or Finance
- 2+ years of accounting experience
- Hands-on month-end close experience
- Experience at a multi-entity global company transacting in multiple currencies
- Experience in manufacturing, inventory-heavy, or vertically integrated businesses
- Working knowledge of intercompany entries, transfer pricing, elimination entries, foreign exchange revaluation, and cumulative translation adjustments
- Advanced spreadsheet skills, including complex formulas, pivot tables, and multi-tab models
- Experience with NetSuite OneWorld or a similar multi-subsidiary ERP
- Exceptional organization and communication skills
- Ability to own work end to end and collaborate cross-functionally
- Ability to identify and support process improvements
Diamond Foundry Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Diamond Foundry and has not been reviewed or approved by Diamond Foundry.
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Leave & Time Off Breadth — Unlimited PTO and flexible time-off policies are described as available, with some employees citing favorable schedules that support time away. Feedback suggests actual utilization can be positive in certain roles where workload and manager expectations align with policy.
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Healthcare Strength — Health, dental, and vision insurance, along with mental-health resources, are presented as part of a broad package. Some accounts specifically praise the health insurance and benefits scope.
Diamond Foundry Insights
What We Do
At Diamond Foundry, our mission is to create the future of diamond. We developed proprietary reactor technology capable of forming plasma as hot as the sun at unprecedented density to produce diamond at mining scale. In our zero-emission foundry, we sustainably create diamond for the jewelry and semiconductor industries. Our VRAI brand brings iconic innovation in diamond jewelry direct to consumers. For more information on how we’re creating the future, visit www.diamondfoundry.com. Fast Company World's Most Innovative Company TIME Best Inventions Business Insider’s 21 Most Innovative Tech Startups CNBC’s Top 50 Disruptors Inc’s 25 Most Disruptive Companies
