Freelance Financial Close & Consolidation Consultant

Job Title: Financial Close & Consolidation Consultant (US GAAP / Multi-Entity)

Engagement Type: Contract / Consulting / Freelance

Timeline: Immediate start – Target completion by end of June

Onsite: Mixture of onsite and remote - onsite is Halberstadt

Overview

We are seeking an experienced Financial Close & Consolidation Consultant to design and implement a scalable financial close, consolidation, and reporting process for a growing international organization. The consultant will evaluate the current manual processes and deliver an efficient solution that supports both current operations and future growth.

The organization currently operates with multiple international entities and currencies and is scaling from $45M in revenue today to $100M+ by 2029 , including potential acquisitions. The solution must relieve operational burden on the accounting team while providing a professional, scalable reporting framework.

Key Objectives

By the end of the engagement, the consultant will deliver three core financial processes :

Monthly Close Process

• Design and document a streamlined monthly close workflow.
• Reduce the current close timeline from Workday 9 to Workday 5–6.
• Identify opportunities for automation and efficiency improvements.

Consolidation Process

• Implement a structured consolidation process across multiple legal entities.
• Establish intercompany reconciliation and elimination procedures.
• Ensure accuracy and traceability of balances between subsidiaries.
• Income Statement
• Balance Sheet
• Cash Flow Statement
• Enable reliable monthly reporting across all entities.
• ERP: NetSuite
• Current process: Data exported from NetSuite and consolidated manually in Excel
• Entities include:
• Division with multiple international subsidiaries
• Division based in California
• Additional requirement: German entity requires reporting under German GAAP (HGB) in addition to US GAAP.

Responsibilities

• Assess current close, consolidation, and reporting workflows.
• Design and implement an improved financial close and consolidation process.
• Build or recommend tooling to automate key processes.
• Evaluate and potentially implement solutions such as LucaNet or similar financial consolidation tools.
• Ensure compatibility with NetSuite data structures.
• Multi-entity consolidation
• Currency translation
• Intercompany elimination
• Balance verification across subsidiaries
• Document processes and provide clear operational guidance.
• Ensure the solution is scalable to support organizational growth and acquisitions.

Key Constraints

• Current accounting team capacity is limited:
• US Controller
• German Junior Controller
• Both are currently operating at full capacity, so the consultant must operate with minimal ongoing supervision and minimize additional workload on internal staff.

Preferred Qualifications

• Extensive experience implementing financial close and consolidation processes.
• Strong knowledge of US GAAP and familiarity with German GAAP (HGB).
• Experience with NetSuite financial data structures.
• Experience implementing consolidation software (LucaNet, OneStream, Adaptive, etc.).
• Background in multi-entity, multi-currency environments.
• Proven ability to design scalable financial processes for high-growth organizations.
• Strong documentation and change management skills.

Success Criteria

• Fully documented monthly close process.
• Implemented multi-entity consolidation framework.
• Reliable US GAAP financial statements produced monthly.
• Reduced close timeline to Workday 5–6.
• Solution that reduces manual effort and scales with company growth.