Principal Accountant - Intercompany AccountingPosition OverviewMobility Global is establishing a centralized and controlled global intercompany accounting function to ensure accuracy, transparency, and timely settlement across all legal entities. We are seeking a highly operational and technically strong Manager of Intercompany Accounting & Global Settlements to support and execute the company's global intercompany accounting strategy and settlement framework across the enterprise.
This role will lead the day-to-day governance, reconciliation, elimination, and settlement processes for intercompany transactions globally, while partnering closely with Treasury, Tax, and the broader Global Controllership organization. The role will also play a critical leadership role in supporting the company's long-term process standardization efforts.
What You'll DoGlobal 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.
Spin-Off & TSA Transition Support- Support implementation of standalone intercompany accounting structures in partnership with Tax and Treasury.
- Oversee accounting and settlement activities related to Transitional Service Agreements (TSAs).
- Assist in implementing scalable long-term intercompany processes replacing inherited legacy structures.
- Coordinate with Tax to align operational accounting with transfer pricing policies.
SOX, Controls & Governance- Maintain SOX-compliant controls over intercompany accounting, reconciliations, and eliminations.
- Ensure appropriate documentation and approval workflows are in place.
- Partner with SOX and Internal Audit teams on testing and remediation activities.
- Identify opportunities to reduce manual journal entries and improve automation.
Systems & Process Optimization- Support ERP and consolidation system enhancements to improve automated matching and eliminations.
- Assist with standardized intercompany coding structures and chart of accounts governance.
- Drive process improvement initiatives to reduce reconciliation cycle times and recurring disputes.
- Evaluate automation opportunities and scalable solutions for intercompany operations.
Cross-Functional Partnership- Partner closely with:
- Tax
- Treasury
- Global Controllership
- FP&A
- Technical Accounting
- External service providers
- Serve as a key escalation point for intercompany accounting and settlement issues.
- Support leadership reporting and executive visibility into intercompany risks and aging trends.
What We're Looking For- Experience in a publicly traded company ($1B+ revenue preferred).
- Bachelor's degree in Accounting or Finance (CPA preferred)
- undefined
- 8+ years of progressive accounting experience.
- Significant experience with complex multi-entity intercompany accounting environments.
- Experience with global operations and multi-currency settlements.
- Strong knowledge of:
- U.S. GAAP consolidation principles
- Intercompany eliminations
- Foreign currency translation
- Currency Translation Adjustment (Preferred)
- Transfer pricing coordination
- ERP experience (Oracle, SAP) strongly preferred.
The anticipated annual base salary range for this position is $125,000 - $150,000. Actual compensation within this range will be determined based on a variety of factors, including geographic location, relevant experience, skills, qualifications, and internal equity considerations.
What's In It for YouCompetitive compensation package, including base salary and incentive opportunities where applicable.
• Comprehensive health and wellness benefits for employees and eligible dependents.
• Retirement savings programs, including company matching contributions where available.
• For more information on benefits, please check out: https://mobilityglobalbenefits.com/us/ourbenefits
