Accountant Financial Consolidation Specialist
4 days ago
At CoreWeave, we're at the forefront of AI innovation, delivering cutting-edge cloud services that power the next wave of intelligence. Our technology provides enterprises and leading AI labs with performant, efficient, and resilient solutions for accelerated computing.
We operate a growing footprint of data centers across the US and Europe, with a culture that thrives on adaptability and resilience. As a key member of our team, you'll enjoy solving complex problems and making a significant impact. If you excel in dynamic environments and are eager to drive innovation, join us
As an Accountant Financial Consolidation Specialist, you'll play a crucial role in managing and executing the consolidation of financial statements across multiple entities, ensuring accuracy and compliance with accounting standards.
Your Responsibilities:
- Record and reconcile all intercompany transactions, including billings, loans, and settlements by legal entity
- Ensure timely and accurate intercompany reconciliations, working with counterparts in different entities to resolve any discrepancies.
- Implement processes to streamline intercompany settlements and improve accuracy of intercompany transactions.
- Prepare intercompany journal entries, accruals, and eliminations, ensuring all intercompany PL and BS are reconciled, eliminations and adjustments are accurately reflected in the consolidated financial statements.
- Prepare debt covenant reports related intercompany for required debt compliance subsidiaries
- Analyze and account for foreign currency transactions and perform necessary revaluation or translation adjustments for consolidated financials
- Perform FX variance analysis for FX gain loss: unrealized vs realized, and Cumulative Translation Adjustment
- Prepare and manage the consolidation of financial results for multiple entities in accordance with GAAP or IFRS.
- Assist in the development of policies and procedures to enhance controls and efficiencies in consolidation and intercompany processes.
- Support automation initiatives related to consolidation and intercompany accounting tasks, including optimizing the use of ERP systems
- Work with internal and external auditors to provide support for audit and review processes
Your Requirements:
- Excellent understanding of intercompany transactions and elimination processes
- Minimum 5 years of experience in accounting, with a focus on consolidation and intercompany transactions with foreign currency for multiple entities.
- Solid communication skills and ability to collaborate with teams across multiple regions and time zones
- Strong knowledge of financial reporting requirements for foreign subsidiaries
- CPA preferred
- NetSuite Experience a plus
Compensation and Benefits:
The estimated salary range for this position is $90,000-$120,000 per annum, depending on qualifications, experience, and location. We offer a comprehensive benefits package, including medical, dental, and vision insurance; company-paid life insurance; flexible PTO; and more. Our workplace prioritizes flexibility, enabling employees to balance work-life needs through a hybrid model, offering both in-office and remote work options.
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