Vastika Inc · 23 hours ago
Revenue & Cost Manager
San Jose, CA
Full-time
Onsite
Senior Level, Lead/Staff
$200K/yr - $220K/yr
8+ years expVastika Inc is a global organization seeking a Worldwide Revenue & Cost Manager Senior Manager to oversee global revenue recognition and cost accounting activities. The role involves ensuring compliance with U.S. GAAP while managing revenue and cost processes across worldwide operations.
Information TechnologyStaffing Agency
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
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
Strong technical accounting and analytical skills
Significant Oracle experience with inventory and standard cost
Ability to manage complexity across regions and functions
Detail-oriented with strong judgment and problem-solving abilities
Effective communicator with executive-level presence
Ability to lead, develop, and scale global teams
Company
Vastika Inc
Vastika is an IT company that provides staff augmentation services.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase