Senior Manager, Worldwide Revenue & Cost Management jobs in United States
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Power Integrations · 1 month ago

Senior Manager, Worldwide Revenue & Cost Management

Power Integrations is a company that oversees global revenue recognition and cost accounting activities. The Senior Manager will ensure accurate accounting for customer contracts and inventory while supporting financial reporting in compliance with U.S. GAAP.

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Responsibilities

Oversee global revenue recognition processes in compliance with ASC 606, including multiple performance obligations, variable consideration, rebates, credits, rights of return, and distributor arrangements
Review customer contracts and amendments in partnership with Sales and Legal to assess accounting implications
Ensure accurate revenue cut-off, deferred revenue, and contract asset/liability accounting across regions
Maintain revenue recognition policies, procedures, and supporting documentation
Support quarterly and annual close processes, including revenue-related disclosures for SEC filings
Oversee worldwide cost accounting activities, including wafer fabrication, assembly and test, foundry costs, logistics, royalties, and manufacturing overhead
Ensure accurate standard costing, variance analysis, and margin reporting
Review and support inventory valuation, excess and obsolete (E&O) reserves, and lower-of-cost-or-net-realizable-value (LCNRV) assessments
Partner with Operations and Supply Chain to understand cost drivers and improve forecast accuracy
Lead revenue and cost components of the monthly, quarterly, and annual close
Prepare and review journal entries, account reconciliations, and flux analyses for company wide spending across all departments
Directly support Singapore cost team during close for month, quarter, year
Provide revenue and cost data and analysis to FP&A for forecasting and budgeting
Support external audits and internal SOX controls related to revenue and inventory
Lead worldwide Oracle instance and other related business information systems
Ensure completion of various IT projects to ensure accurate data capture and recording of information supporting operations and areas of cost information responsibility
Manage and mentor team of revenue and cost accounting professionals based out of US and Singapore
Establish clear goals, training, and development plans to support a high-performing team

Qualification

U.S. GAAPASC 606OracleCost AccountingRevenue RecognitionAnalytical SkillsTeam LeadershipEffective Communication

Required

Bachelor's degree in Accounting or Finance
CPA Required
8–12 years of progressive accounting experience
Strong knowledge of U.S. GAAP, with deep experience in ASC 606 revenue recognition and inventory/COGS accounting
Hands on experience using and maintaining Oracle
Experience supporting a global close process in a public company in the semiconductor or manufacturing industry
Proven ability to partner cross-functionally and manage complex accounting issues

Benefits

Equity
Medical benefits
ESPP
401K
Tuition reimbursement
Time off programs

Company

Power Integrations

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Power Integrations designs, develops, markets, and manufactures high-voltage, analog integrated circuits.

Funding

Current Stage
Public Company
Total Funding
$6M
2009-01-01Post Ipo Equity
2008-02-01Post Ipo Equity· $6M
1997-12-12IPO

Leadership Team

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Jennifer Lloyd
President and Chief Executive Officer
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Chris Jacobs
Senior Vice President, Marketing & Product Strategy
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Company data provided by crunchbase