First Search Inc. · 1 day ago
Cost Accounting Manager
First Search Inc. is a global organization seeking a Worldwide Revenue & Cost Manager / Senior Manager to oversee revenue recognition and cost accounting activities. This role involves ensuring compliance with U.S. GAAP and supporting financial reporting while managing a team of accounting professionals.
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 companywide 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
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
Company
First Search Inc.
For over 40 years, First Search has transformed how companies hire (and how candidates get selected) with results that outpace the industry norms for companies like Motorola, T-Mobile, Pulte Homes, Fluor Corporation, and Salesforce partners.