Sr. Intercompany & Consolidation Accountant

Job Description:

Rakuten International is a division of Rakuten Group, Inc., a Japanese global technology leader in services that empower individuals, communities, businesses and society. Headquartered in San Mateo, California with more than 4,000 employees worldwide, the Rakuten International business portfolio includes market leaders in e-commerce, digital marketing, advertising, communications and entertainment. We create products and services that provide exceptional value by aligning members and the businesses that want to engage them in a shared community.

Rakuten is the most rewarding way to shop, giving millions of members Cash Back when they buy from their favorite brands. As a leading shopping platform, Rakuten partners with thousands of top brands across apparel, beauty and wellness, grocery, travel, on-demand services, subscriptions, and dining, helping members save on everyday purchases. Since 1999, Rakuten members have earned more than $4.6 billion in Cash Back, making it the largest Cash Back platform of its kind. Learn more at Rakuten.com.

• Review, post, analyze, and document all intercompany entries and reconciliations, ensuring thorough, organized documentation and adequate support.
• Manage intercompany and intracompany invoicing and settlement process, including coordination with Account Payable and other stakeholder to properly settle intercompany balances.
• Investigate, identify, and resolve intercompany and consolidation discrepancies, mismatches, and out-of-balances in a timely manner, collaborating with finance teams in various subsidiaries, and preparing and posting intercompany elimination entries.
• Coordinate with intercompany partners to ensure accurate classification and accounting treatment of intercompany activity in accordance with company policy and accounting standards.
• Maintain and adherence to established intercompany policies and transfer pricing agreements.
• Coordinate with subsidiary accountants to ensure timely and complete submission of intercompany transaction data; contribute to the development and continuous improvement of intercompany policies and procedures.
• Run consolidation processes within the system and troubleshoot basic system issues, and prepare supporting schedules and analyses for consolidated financial statement
• Assist the Consolidation Manager in the overall preparation of consolidated financial statements and with parent company reporting.
• Maintain the general ledger and statutory financial ledgers, including ensuring proper and timely entering and recording of transactions in accordance with the Company's accounting policies.
• Assist with both internal and external tax and audit request and other regulatory reporting requirements related to transfer pricing and intercompany transactions.
• Support automation initiatives related to intercompany and consolidation accounting tasks.
• Provide accounting support to the Management on special projects as required or assigned.
• Assist with ad-hoc or special projects as assigned

• Ability to meet multiple tight deadlines and possess good time management skills
• Ability to perform at high levels in a fast-paced, ever-changing work environment
• Ability to work independently on accounting projects with minimal direction
• Ability to make decisions with discretion and sound judgment
• Ability to work independently or with a team, self-starter, energetic
• Reliable and professional
• Flexible and easy to get along with

• Bachelor's degree in Accounting or Finance, CPA preferred but not required.
• 5 or more years of accounting experience in corporate accounting department with focus on intercompany and consolidation transactions.
• Experience with multi-entity accounting, and international entities, and cross-border accounting workflow is highly desirable.
• Experience with intercompany transactions and consolidation, as well as month-end close process utilizing a large ERP system; Oracle Cloud is preferred.
• Familiarity with foreign exchange impact on intercompany transactions a plus.
• Proficiency in Microsoft Office suite, particularly strong Excel skills including the ability to create pivot tables and perform VLOOKUPs.
• Ability to develop and maintain strong, collaborative relationships with colleagues in accounting and business partners across the entity to understand the business and apply knowledge to reporting and financial statements
• Excellent verbal and written communication skills.
• Demonstrated professional aptitude and ability to effectively convey skills and knowledge to non-technical internal and external stakeholders.
• Comfortable working in a fast-paced environment and adept at handling change as well as multiple concurrent projects.
• Detail-oriented with a high degree of accuracy and commitment to meeting deadlines.
• Strong understanding of intercompany/consolidation accounting principles and processes.
• Strong analytical skills and attention to detail are required, and the ability to research issues, evaluate problems and recommend viable solutions.