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Consolidation Accounting

Manhattan, NY · On-site

$105K - $130K/yr

An Asset Management firm in mid-town, NY, is looking to add a Consolidation Accountant to their Asset Management division! The candidate will be responsible for consolidation accounting for the firm ...

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Accounting Consolidation information

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How much do accounting consolidation jobs pay per year?

As of Aug 15, 2026, the average yearly pay for accounting consolidation in the United States is $95,659.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,000.00 and $112,000.00 per year, depending on experience, location, and employer.

What is the difference between Accounting Consolidation vs Financial Analyst?

AspectAccounting ConsolidationFinancial Analyst
CredentialsCPA or equivalent, accounting degreeBachelor's in Finance, Economics, or Accounting
Work EnvironmentAccounting departments, corporate finance teamsFinance departments, investment firms, corporate offices
Industry UsageUsed across industries for financial reportingUsed in investment analysis, budgeting, forecasting
Primary FocusPreparing consolidated financial statementsAnalyzing financial data for decision-making

Accounting Consolidation involves preparing combined financial statements for multiple entities, focusing on accurate reporting and compliance. Financial Analysts interpret financial data to guide business decisions. While both roles require strong financial knowledge, their core functions differ: consolidation centers on reporting, whereas analysis emphasizes strategic insights.

What does an accounting consolidation do?

An accounting consolidation involves combining financial statements from multiple subsidiaries or entities into a single set of reports for the parent company. This process ensures accurate representation of the overall financial position and performance, often requiring expertise in accounting standards and consolidation software. Professionals in this role analyze data, adjust for intercompany transactions, and prepare consolidated financial statements regularly, typically under tight deadlines.

What are some common challenges faced in an accounting consolidation role, and how can they be managed effectively?

Professionals in Accounting Consolidation often encounter challenges such as integrating data from multiple subsidiaries with varying accounting systems, aligning reporting timelines, and ensuring compliance with international financial reporting standards (IFRS or US GAAP). To manage these effectively, strong communication with local finance teams, proficiency with consolidation software, and a thorough understanding of regulatory requirements are crucial. Regular process reviews and collaboration with IT and audit teams also help streamline workflows and maintain data accuracy.

What is accounting consolidation?

Accounting consolidation is the process of combining the financial statements of a parent company with those of its subsidiaries, creating a single set of financial statements that reflect the entire group as one entity. This process eliminates intercompany transactions and balances to avoid double counting and provide an accurate picture of the group's overall financial position. Consolidated financial statements are essential for stakeholders, such as investors and regulators, to assess the financial health of the entire corporate group.

What is one of the hottest jobs in accounting right now?

Accounting consolidation specialists are in high demand due to the increasing complexity of financial reporting and the adoption of new accounting standards. These roles often require strong Excel skills, knowledge of ERP systems, and certifications like CPA or CMA, making them a sought-after career path in accounting.

What are the key skills and qualifications needed to thrive as an accounting consolidation specialist, and why are they important?

To excel as an Accounting Consolidation Specialist, you need a solid background in accounting principles, financial reporting, and experience with consolidated financial statements, often supported by a degree in accounting or finance. Familiarity with ERP systems such as SAP or Oracle, as well as proficiency in consolidation software like Hyperion or OneStream, is typically required. Attention to detail, analytical thinking, and strong communication skills help professionals manage complex data and coordinate with cross-functional teams. These skills ensure accurate, compliant financial reporting and efficient consolidation processes for large or multinational organizations.
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Accounting Consolidation jobs near you
Infographic showing various Accounting Consolidation job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 7% Part Time, 1% Temporary, and 4% Contract. Highlights an 86% Physical, 7% Hybrid, and 7% Remote job distribution, with an average salary of $95,659 per year, or $46 per hour.

Head of Consolidation and Accounting

Landis+Gyr AG

Indiana, PA • On-site

$120 - $150/hr

Other

Posted 9 days ago

Job description

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Head of Consolidation and Accounting

At Landis+Gyr, we don’t just manage energy - we lead the transformation toward a smarter and more sustainable energy future. Landis+Gyr empowers utilities and consumers to optimize energy usage through advanced metering, grid-edge intelligence, and powerful data analytics. Today, our global team of about 3,100 professionals is shaping the digital energy era - developing innovative technologies that support decarbonization, grid modernization, and real-time energy insights. Landis+Gyr - Intelligent Energy, Delivered.!

For our Finance department at the company headquarters in Cham, near Zurich, we are looking for a highly motivated and precise Head of Consolidation and Accounting. In this challenging and rewarding role you will report directly to the VP Group Accounting & Controlling.

Your main responsibilities will among others include:

  • Lead and coordinate the monthly, quarterly, and annual closing and consolidation process for all legal entities of the Company.
  • Ensure accurate and complete financial reporting and high-quality management information.
  • Maintain and improve the Company’s accounting and reporting framework to ensure compliance with applicable accounting standards and internal governance requirements.
  • Supervise the preparation of statutory and consolidated financial statements and ensure all financial information is accurate and delivered within deadlines.
  • Oversee intercompany reconciliation and ensure alignment of reporting across entities.
  • Act as key contact for external auditors and ensure a smooth and efficient audit process. Provide accounting guidance and advice to the finance teams and management on complex transactions and reporting issues.
  • Develop and maintain accounting policies, process documentation, and internal controls. Support the CFO in financial reporting to management and shareholders, including analysis of financial results.
  • Drive continuous improvement, automation, and simplification of accounting and reporting processes.
  • Lead, coach, and develop the accounting and consolidation team, fostering accountability, collaboration, and professional growth.

This position requires the following skills & experience:

  • University degree in Finance, Accounting, or Economics. Professional accounting qualification such as CPA, ACCA, or Swiss Certified Accountant is an advantage.
  • Minimum 10 years of experience in accounting, consolidation, and reporting within an international or multi-entity environment.
  • Expertise with ERP and consolidation tools, especially in IBM Cognos.
  • Technical knowledge in accounting, consolidation, and financial reporting.
  • Proven experience in preparing consolidated financial statements and coordinating audits.
  • Strong understanding of accounting frameworks, in particular US GAAP/ IFRS and reporting processes.
  • Ability to translate complex financial data into clear, concise information for management.
  • Excellent communication and interpersonal skills across multiple levels of the organization.
  • Analytical and structured mindset combined with a hands-on approach.
  • Leadership capability to guide and motivate a small, high-performing team.
  • Fluent in English; German language skills beneficial. #LI-PR1 #LI-Hybrid

We're committed to shaping a better future for everyone. #EnergizeYourCareer and join us on our journey towards a greener tomorrow.

Job Title: Head of Consolidation and Accounting
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