Settlement & Netting Operations * In coordination with Treasury, manage centralized intercompany settlement and netting processes. * Oversee monthly and quarterly intercompany true-ups and settlement ...
Settlement & Netting Operations * In coordination with Treasury, manage centralized intercompany settlement and netting processes. * Oversee monthly and quarterly intercompany true-ups and settlement ...
Settlement & Netting Operations * In coordination with Treasury, manage centralized intercompany settlement and netting processes. * Oversee monthly and quarterly intercompany true-ups and settlement ...
Settlement & Netting Operations * In coordination with Treasury, manage centralized intercompany settlement and netting processes. * Oversee monthly and quarterly intercompany true-ups and settlement ...
... sub-netting is required * Experience with JIRA/Confluence * NAVSEA Certified in Fiber Optic Termination * Tower Climber Certified Clearance Requirements: * Must be US Citizen and have an active ...
... sub-netting is required * Experience with JIRA/Confluence * NAVSEA Certified in Fiber Optic Termination * Tower Climber Certified Clearance Requirements: * Must be US Citizen and have an active ...
Communications Specialist with Security Clearance
Norfolk, VA · On-site
$51K - $68K/yr
... sub-netting * Experience with JIRA/Confluence * Associate's degree in related field * NAVSEA Certified in Fiber Optic Termination Clearance Requirements: * US citizenship required and an active ...
Communications Specialist with Security Clearance
Norfolk, VA · On-site
$51K - $68K/yr
... sub-netting * Experience with JIRA/Confluence * Associate's degree in related field * NAVSEA Certified in Fiber Optic Termination Clearance Requirements: * US citizenship required and an active ...
Communications Specialist with Security Clearance
Norfolk, VA · On-site
$51K - $68K/yr
... sub-netting * Experience with JIRA/Confluence * Associate's degree in related field * NAVSEA Certified in Fiber Optic Termination Clearance Requirements: * US citizenship required and an active ...
Communications Specialist with Security Clearance
Norfolk, VA · On-site
$51K - $68K/yr
... sub-netting * Experience with JIRA/Confluence * Associate's degree in related field * NAVSEA Certified in Fiber Optic Termination Clearance Requirements: * US citizenship required and an active ...
Sanitation Specialist
$15.25 - $18.50/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Sanitation Specialist
$15.25 - $18.50/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Sanitation Specialist
Portsmouth, VA · On-site
$15.50 - $18.50/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. * Comfortable working atop and traversing scaffolding ...
Sanitation Specialist
Portsmouth, VA · On-site
$15.50 - $18.50/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. * Comfortable working atop and traversing scaffolding ...
Junior Network Engineer
Alexandria, VA · On-site
Additionally, this individual should have experience with the setup and maintenance of VPN tunnels, vLAN configurations, wireless network configurations, IPv6 and IPv4 (including complex sub-netting ...
Quick apply
Junior Network Engineer
Alexandria, VA · On-site
Additionally, this individual should have experience with the setup and maintenance of VPN tunnels, vLAN configurations, wireless network configurations, IPv6 and IPv4 (including complex sub-netting ...
Sanitation Specialist
Portsmouth, VA · On-site
$15.50 - $18.50/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Sanitation Specialist
Portsmouth, VA · On-site
$15.50 - $18.50/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Junior Network Engineer
Alexandria, VA · On-site
Additionally, this individual should have experience with the setup and maintenance of VPN tunnels, vLAN configurations, wireless network configurations, IPv6 and IPv4 (including complex sub-netting ...
Junior Network Engineer
Alexandria, VA · On-site
Additionally, this individual should have experience with the setup and maintenance of VPN tunnels, vLAN configurations, wireless network configurations, IPv6 and IPv4 (including complex sub-netting ...
Sanitation Specialist
$14 - $17/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Sanitation Specialist
$14 - $17/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Sanitation Specialist
Portsmouth, VA · On-site
$14 - $17/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Sanitation Specialist
Portsmouth, VA · On-site
$14 - $17/hr
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
IP Network Engineer II
Reston, VA · On-site
... netting. • Experience with Palo Alto firewalls, F5 appliances, and Splunk systems. • Experience troubleshooting and configuring IP networks using at least one of the following routing methods:
IP Network Engineer II
Reston, VA · On-site
... netting. • Experience with Palo Alto firewalls, F5 appliances, and Splunk systems. • Experience troubleshooting and configuring IP networks using at least one of the following routing methods:
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Communications Installation Engineer
Virginia Beach, VA · On-site
$89K - $148K/yr
... sub-netting is required * Experience with JIRA/Confluence * NAVSEA Certified in Fiber Optic Termination * Tower Climber Certified Clearance Requirements: * Must be US Citizen and have an active ...
Communications Installation Engineer
Virginia Beach, VA · On-site
$89K - $148K/yr
... sub-netting is required * Experience with JIRA/Confluence * NAVSEA Certified in Fiber Optic Termination * Tower Climber Certified Clearance Requirements: * Must be US Citizen and have an active ...
Selecting proper raw materials (box, labels, and netting). * Understand proper product characteristics required (length, width, etc.). * * Ability to cycle the machine with limited assistance from ...
Selecting proper raw materials (box, labels, and netting). * Understand proper product characteristics required (length, width, etc.). * * Ability to cycle the machine with limited assistance from ...
Cultivation Specialist
Portsmouth, VA · On-site
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Cultivation Specialist
Portsmouth, VA · On-site
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Packaging Specialist
Portsmouth, VA · On-site
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Packaging Specialist
Portsmouth, VA · On-site
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Communications Specialist
Norfolk, VA · On-site
$89K - $148K/yr
... sub-netting * Experience with JIRA/Confluence * Associate's degree in related field * NAVSEA Certified in Fiber Optic Termination Clearance Requirements: * US citizenship required and an active ...
Communications Specialist
Norfolk, VA · On-site
$89K - $148K/yr
... sub-netting * Experience with JIRA/Confluence * Associate's degree in related field * NAVSEA Certified in Fiber Optic Termination Clearance Requirements: * US citizenship required and an active ...
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Comfortable with heights, occasionally ascends/descends a ladder to service the lights, filters, trellis netting and ceiling fans up to 25ft. Comfortable working atop and traversing scaffolding, when ...
Netting information
What is the difference between Netting vs Clearing Clerk?
| Aspect | Netting | Clearing Clerk |
|---|---|---|
| Primary Role | Consolidates multiple financial obligations into a single net amount | Processes and confirms daily settlement transactions in clearing operations |
| Required Skills | Financial analysis, risk management, understanding of settlement processes | Attention to detail, transaction processing, communication skills |
| Work Environment | Financial institutions, trading floors, clearinghouses | Clearinghouses, banks, financial exchanges |
| Certifications | Typically none required, but financial certifications can be beneficial | Often requires knowledge of financial regulations and certifications like FINRA |
Netting involves reducing multiple financial obligations into a single net amount to simplify settlement and reduce credit risk. Clearing Clerks handle the processing and confirmation of daily transactions within clearing operations. While both roles are integral to financial settlement processes, netting focuses on risk mitigation through consolidation, whereas clearing clerks ensure accurate transaction processing. Understanding these differences helps clarify career paths and industry functions.
What are some common challenges faced by professionals working in netting operations within the financial industry?
Professionals in netting operations often encounter challenges such as managing large volumes of complex transactions, ensuring accuracy under tight deadlines, and keeping up with evolving regulatory requirements. Effective communication is crucial, as the role requires close coordination with traders, risk managers, and settlement teams. Attention to detail and strong analytical skills are essential to identify discrepancies and resolve breaks quickly, minimizing financial risk for the organization.
What are the key skills and qualifications needed to thrive as a netting specialist, and why are they important?
To thrive as a Netting Specialist, you need strong analytical skills, a solid understanding of financial products, and a background in finance, accounting, or a related field. Familiarity with netting software, clearing systems such as SWIFT, and regulatory frameworks like EMIR or Dodd-Frank is typically required. Attention to detail, problem-solving ability, and effective communication are crucial soft skills for managing complex transactions and collaborating with stakeholders. These skills ensure accurate risk mitigation, regulatory compliance, and efficient settlement in financial operations.
What is netting in finance?
Netting in finance is a process used to offset the value of multiple positions or payments due to be exchanged between parties. It allows for the consolidation of multiple financial obligations into a single net payment, reducing the number of transactions and lowering credit and settlement risk. Netting is commonly used in trading, clearing, and settlement activities, especially in derivatives and foreign exchange markets. By streamlining payment flows, netting can improve efficiency and help organizations manage their exposures more effectively.
What are popular job titles related to Netting jobs in Virginia? For Netting jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Netting jobs in Virginia look for? The top searched job categories for Netting jobs in Virginia are:
What cities in Virginia are hiring for Netting jobs? Cities in Virginia with the most Netting job openings:
Full-time
Re-posted 20 days ago
S&P Global rating
7.3
Based on 10 frontline employees who took The Breakroom Quiz
Job description
Manager, International and Intercompany Accounting s
Position Overview
Mobility Global is establishing a centralized and controlled global intercompany accounting function to ensure accuracy, transparency, and timely settlement across all legal entities. We are seeking a highly operational and technically strong Manager of Intercompany Accounting & Global Settlements to support and execute the company's global intercompany accounting strategy and settlement framework across the enterprise.
This role will lead the day-to-day governance, reconciliation, elimination, and settlement processes for intercompany transactions globally, while partnering closely with Treasury, Tax, and the broader Global Controllership organization. The role will also play a critical leadership role in supporting the company's long-term process standardization efforts.
Core Responsibilities
Global Intercompany Accounting Oversight
Settlement & Netting Operations
Close & Consolidation Support
Spin-Off & TSA Transition Support
SOX, Controls & Governance
Systems & Process Optimization
Cross-Functional Partnership
Qualifications
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
It is the policy of Mobility to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Mobility will provide reasonable accommodations for qualified individuals with disabilities.
Position Overview
Mobility Global is establishing a centralized and controlled global intercompany accounting function to ensure accuracy, transparency, and timely settlement across all legal entities. We are seeking a highly operational and technically strong Manager of Intercompany Accounting & Global Settlements to support and execute the company's global intercompany accounting strategy and settlement framework across the enterprise.
This role will lead the day-to-day governance, reconciliation, elimination, and settlement processes for intercompany transactions globally, while partnering closely with Treasury, Tax, and the broader Global Controllership organization. The role will also play a critical leadership role in supporting the company's long-term process standardization efforts.
Core Responsibilities
Global Intercompany Accounting Oversight
- Support and maintain the company's global intercompany accounting policies and governance framework.
- Oversee intercompany transactions across legal entities, including:
- Management fees
- Shared services allocations
- Cost recharges
- Cross-border product and service transfers
- Intercompany loans and interest
- Equity transactions and capital movements
- Ensure consistent accounting treatment across regions and compliance with U.S. GAAP.
- Partner with regional accounting teams to drive alignment and operational consistency globally.
Settlement & Netting Operations
- In coordination with Treasury, manage centralized intercompany settlement and netting processes.
- Oversee monthly and quarterly intercompany true-ups and settlement activities.
- Ensure timely and accurate settlement execution across multi-currency environments.
- Monitor FX-related impacts and reconciliation activities.
- Drive standardization of intercompany invoicing and payment practices.
- Support cash management and funding coordination activities with Treasury.
Close & Consolidation Support
- Lead timely intercompany reconciliations in support of monthly and quarterly close cycles.
- Support accurate elimination of intercompany balances and transactions during consolidation.
- Resolve out-of-balance conditions and reconciliation discrepancies proactively.
- Partner with global controllership teams to reduce intercompany aging and disputes.
- Support accurate legal entity and segment reporting.
Spin-Off & TSA Transition Support
- Support implementation of standalone intercompany accounting structures in partnership with Tax and Treasury.
- Oversee accounting and settlement activities related to Transitional Service Agreements (TSAs).
- Assist in implementing scalable long-term intercompany processes replacing inherited legacy structures.
- Coordinate with Tax to align operational accounting with transfer pricing policies.
SOX, Controls & Governance
- Maintain SOX-compliant controls over intercompany accounting, reconciliations, and eliminations.
- Ensure appropriate documentation and approval workflows are in place.
- Partner with SOX and Internal Audit teams on testing and remediation activities.
- Identify opportunities to reduce manual journal entries and improve automation.
Systems & Process Optimization
- Support ERP and consolidation system enhancements to improve automated matching and eliminations.
- Assist with standardized intercompany coding structures and chart of accounts governance.
- Drive process improvement initiatives to reduce reconciliation cycle times and recurring disputes.
- Evaluate automation opportunities and scalable solutions for intercompany operations.
Cross-Functional Partnership
- Partner closely with:
- Tax
- Treasury
- Global Controllership
- FP&A
- Technical Accounting
- External service providers
- Serve as a key escalation point for intercompany accounting and settlement issues.
- Support leadership reporting and executive visibility into intercompany risks and aging trends.
Qualifications
- Bachelor's degree in Accounting or Finance (CPA preferred).
- 8+ years of progressive accounting experience.
- Experience in a publicly traded company ($1B+ revenue preferred).
- Significant experience with complex multi-entity intercompany accounting environments.
- Experience with global operations and multi-currency settlements.
- Strong knowledge of:
- U.S. GAAP consolidation principles
- Intercompany eliminations
- Foreign currency translation
- Currency Translation Adjustment (Preferred)
- Transfer pricing coordination
- ERP experience (Oracle, SAP) strongly preferred.
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
It is the policy of Mobility to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Mobility will provide reasonable accommodations for qualified individuals with disabilities.
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