Company Overview
ITOCHU International Inc. is the North American flagship of ITOCHU Group, headquartered in Manhattan with offices across the U.S., Canada, and Mexico. As a leading global trading company, ITOCHU handles over 20,000 items and manages a portfolio of 40+ group companies. The company operates in diverse sectors including machinery, energy, chemicals, electronics, food, textiles, and more.
Founded over 160 years ago in Tokyo, ITOCHU Corporation, the parent company, remains a major player in global trade with 153 offices, 326 subsidiaries, and more than 105,800 employees across 74 countries. In 2023, ITOCHU Corporation posted over $45 billion in annual revenue and is ranked among the Fortune Global 100.
Specialties: Textiles, Machinery, ICT Financial Business, Food, Real Estate, Energy & Chemicals.
Job Summary:
The role is responsible for managing the Divisional Accounting for assigned Trading Divisions. This includes overseeing business transactions, preparing consolidated financial statements, managing cash flow, handling lease accounting, and ensuring compliance with financial controls and policies. The position also involves analyzing division investments, assessing impairment, and supporting new business ventures and M&A activities.
Key Responsibilities:
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Divisional Accounting: Manage accounting for assigned divisions using SAP and OneStream in accordance with US GAAP and IFRS. This includes financial analysis, balance sheet verification, investment analysis, transaction entries, lease accounting, and cash flow reporting.
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Financial Reporting: Prepare division closing reports, budgets, forecasts, and perform financial analysis. Ensure compliance with accounting policies in collaboration with CFOs and Controllers.
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Divisional Reviews: Conduct standalone divisional and subsidiary book reviews, and participate in annual physical inventory counts.
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JSOX Compliance: Support JSOX readiness and assist in designing financial and business processes for subsidiaries.
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M&A and Risk Management: Assist the M&A Accounting team in financial due diligence, valuations, and new entity integrations (PMI).
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Additional Projects: Contribute to financial statement preparation, external audits, policy updates, JSOX testing, and other ad-hoc projects as assigned by senior management.
Qualifications:
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3-5 years of relevant experience (including at least 2 years in public accounting or equivalent).
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CPA certification required.
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Strong knowledge of US GAAP, IFRS, and advanced accounting skills.
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Proficiency with SAP and OneStream preferred.
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Experience in wholesale, import/export, or distribution organizations is a plus.
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Strong interpersonal, communication, and analytical skills.