Accounting Specialist

About Us

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 40000 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.

Key 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.

Qualifications:

Essential

36 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 equivalent by experience.

Fluent in English (working language); Dutch or any other European languages are a strong plus.

Desirable

Experience in a high-growth or venture-backed technology/semiconductor company.

Exposure to IFRS reporting requirements and statutory audit processes.

Knowledge of government grant accounting and compliance reporting.

Location

The position is an on-site/hybrid role with a minimum of 2 days per week working from our headquarters office in Eindhoven (at the High Tech Campus).

The location offers free lunch snacks gym & sports classes access among other benefits.

What weoffer

This is your chance to shape and be part of a dynamic fast-growing international organisation. We offer an attractive compensation package including a pension plan extensive employee insurances and the option to get company shares.

An open culture that supports creativity and continual innovation is awaiting you. Collaborative ownership and freedom with responsibility is characteristic for the way we act and work as a team.

At Axelera AI we wholeheartedly embrace equal opportunity and hold diversity in the highest regard. Our steadfast commitment is to cultivate a warm and inclusive environment that empowers and celebrates every member of our team. We welcome applicants from all backgrounds to join us in shaping the future of AI.

Required Experience:

IC