JobsAccountantSpainIntercompany Accountant
Diamond Foundry
Posted today
Intercompany Accountant
Diamond Foundry · Madrid, Community of Madrid, Spain · also California, United States
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In short
The role involves managing intercompany journal entries, transfer pricing, and consolidation processes across a global group of subsidiaries. You will also be responsible for reconciling intercompany accounts and ensuring accurate financial reporting during the month-end close.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates must have a bachelor's degree in Accounting or Finance and at least 2 years of relevant accounting experience. Proficiency in multi-entity global accounting, foreign currency transactions, and advanced spreadsheet skills is required.
About the employer
Diamond Foundry
Diamond wafers, chips, and electronics.
Founded in San Francisco in 2013, we have grown into the #1 producer of single-crystal diamond globally. We are the rare unicorn that has grown fast profitably.
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Ours is one of the greenest forms of tech manufacturing: converting greenhouse gas into diamond wafers using zero-emission energy. We are now in the 2nd stage of our 30-year master plan: 2013+: Deliver sustainably created diamond for wherever mined diamond has been able to go. Reform diamond jewelry in the process. 2023+: Put a diamond behind every high-power chip. Solve the thermal limitation at the foundation of today's most exciting tech industries -- AI & cloud compute, electric-car power electronics, and 5G/6G wireless. We have managed to create the world's first single-crystal diamond wafers — and created the world’s most compact power electronics with it: 8x smaller than Tesla’s. 2033+: Diamond semiconductors. Transistors with 17,300x the semiconductor merit over silicon. More at www.DF.com AWARDS 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
- INDUSTRY
- Semiconductor Manufacturing
- COMPANY
- Privately Held
- FOUNDED
- 2013
- HEADQUARTERS
- San Francisco, CA
- SIZE
- 501-1,000
- OFFICES
- 6 on LinkedIn
KNOWN FOR
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Questions about this role
- Is this Diamond Foundry role remote?
- Tagged on site.
- What does it pay?
- The posting lists $75,000–$90,000 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
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.
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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
€35,000 - €39,000 a year
The base salary for the Bay Area location is between 75,000 to 90,000 USD/year.