Accounting Specialist

About the role

Axelera AI is not your regular deep-tech startup. We are creating the next-generation AI platform to support anyone who wants to help advancing humanity and improve the world around us. In just four years, we have raised a total of $370 million and have built a world-class team of 220+ employees (including 49+ PhDs with more than 40,000 citations), both remotely from 18 different countries and with offices in Belgium, France, Switzerland, Italy, the UK, headquartered at the High Tech Campus in Eindhoven, Netherlands. We have also launched our Metis™ AI Platform, which achieves a 3-5x increase in efficiency and performance, and have visibility into a strong business pipeline exceeding $100 million. Our unwavering commitment to innovation has firmly established us as a global industry pioneer. Are you up for the challenge? Position Overview We are looking for a hands-on Accounting Specialist to own the day-to-day accounting operations across our multi-jurisdictional group. This is not a traditional bookkeeping role. We need someone who sees manual workarounds as problems to solve, who will build scalable processes in NetSuite and adjacent tools, and who takes pride in delivering clean, timely data to internal stakeholders and external advisers alike. You will be the operational backbone of a lean finance team supporting eight+ legal entities across the EU and the US. The emphasis is on automation, accuracy and continuous improvement.

Responsibilities

• Accounts Payable
• Own the full AP cycle from PO matching through payment execution across all group entities, ensuring correct entity, cost centre and GL coding in NetSuite.
• Drive adoption and optimisation of automated invoice capture (OCR/AI-based ingestion), approval workflows and three-way matching within NetSuite or integrated tooling.
• Manage supplier master data, payment terms and bank detail verification controls; flag and resolve duplicate or fraudulent invoices.
• Process employee expense claims, corporate card reconciliations and prepayment schedules.
• Own AP ageing reporting and coordinate payment runs with treasury to optimise working capital.
• Treasury
• Prepare and execute multi-currency payment runs (EUR, GBP, CHF, USD) via banking platforms, ensuring FX exposure is flagged and managed within policy.
• Perform daily cash positioning across group bank accounts; maintain a rolling short-term cash forecast in collaboration with FP&A.
• Reconcile all bank accounts on a daily/weekly cadence; investigate and clear reconciling items promptly.
• Support intercompany funding flows and ensure treasury movements are recorded accurately.
• Identify and implement opportunities to automate bank feeds, reconciliation matching rules and payment file generation.
• Intercompany
• Maintain the intercompany billing and recharge process across multiple jurisdictions, ensuring invoices are raised monthly in line with the transfer pricing framework.
• Reconcile intercompany balances at each month-end; drive timely resolution of mismatches with counterpart entity contacts.
• Prepare and post intercompany elimination journals for consolidation.
• Support the annual transfer pricing documentation cycle (managed by PwC) by providing accurate transaction data and volume schedules.
• VAT and Indirect Tax Compliance
• Prepare complete, accurate VAT submission files (input/output VAT, reverse charge, IC supplies, EU Sales Listings) for review and filing by external accountants in each jurisdiction.
• Ensure NetSuite tax codes and tax determination logic are correctly configured and maintained as the business evolves (new entities, new transaction types, cross-border flows).
• Investigate and resolve VAT coding exceptions flagged during the review cycle.
• Process Automation and Continuous Improvement
• Identify, design and implement workflow automations in NetSuite (saved searches, workflows, SuiteFlow) and connected tools (e.g. Celigo, banking middleware) to eliminate manual effort in AP, treasury and intercompany processes.
• Build and maintain dashboards and exception reports that surface issues proactively rather than reactively.
• Document all processes and controls to audit-ready standard; maintain and improve the month-end close checklist for your areas of ownership.
• Contribute to system improvement initiatives, including ERP upgrades, new module implementations and integration projects.

Requirements

• Essential
• 3-6 years of experience in an accounting operations role, ideally within a multi-entity, multi-currency environment.
• Strong working knowledge of NetSuite (or a comparable cloud ERP).
• Solid understanding of EU VAT mechanics: reverse charge, intra-community supplies, domestic and cross-border services.
• Demonstrated track record of automating or materially streamlining accounting processes.
• Experience with intercompany accounting and transfer pricing support in a group of at least three entities.
• Professional accounting qualification or

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