Accounting Manager – Consolidation


Accounting Manager – Consolidation

This global organisation is seeking an Accounting Manager for its newly formed Joint Venture headquartered in Munich, Germany. The JV designs, manufactures and sells leading wireless modules and components to fully integrated products for mobile devices and Internet of Things (IoT) applications, among others. The Accounting Manager is responsible for the consolidation of JV results into the US based HQ and ensuring timely and accurate financial reporting following U.S. GAAP.

Job responsibilities:

  • Responsible for the JV global consolidation process including purchase price accounting entries, consolidation entries, intercompany eliminations and subsidiary investment accounting – based on US-GAAP
  • Manage timely and accurate preparation of monthly, quarterly and annual financial accounting results through the close and consolidation process for sites in Germany, China, Hong Kong, Singapore and U.S.
  • Communication to coordinate with foreign locations on accounting and reporting
  • Ensuring JV results are accurately consolidated into the overall group financial systems
  • Monitoring the impact of foreign exchange rates on JV results
  • Improve efficiency in the consolidation and reporting process
  • Preparation of monthly, quarterly and annual financial reports, including management reports, schedules supporting SEC disclosures, account reconciliations and related supporting schedules
  • Work with regional finance teams to align accounting policies and procedures

Required training:

Completed studies in economics, engineering with emphasis on accounting and auditing, or completed commercial training with appropriate further training

Required skills:

  • Experience in an international company (traded in Nasdaq) , semiconductor industry and / or auditing company
  • Knowledge in the reporting of US-GAAP
  • Experience and knowledge in Oracle system is an advantage
  • Good MS Office skills
  • Experience working with SAP R / 3 (FI / CO)
  • Good written and spoken English knowledge
  • Independent, structured and analytical work
  • Teamwork, commitment, self-initiative and good communication skills

Location: Munich, Germany

To apply for this job email your details to

IMRAccounting Manager – Consolidation