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Power Integrations · 9 hours ago

Controller

San Jose, CA

Full-time

Onsite

Senior Level, Lead/Staff

$200K/yr - $280K/yr

10+ years exp

Power Integrations is a semiconductor business seeking a Controller to oversee worldwide accounting operations and financial reporting. This role is responsible for ensuring compliance with U.S. GAAP and SEC requirements while leading the accounting organization and driving continuous improvement across accounting operations.

ContentDeveloper PlatformManufacturingProduct DesignReal TimeSemiconductorSocial Network

Hiring Manager

Stan T.

Responsibilities

Lead and develop the accounting organization, including general ledger, revenue, AR, AP, payroll, and technical accounting

Drive continuous improvement, automation, and efficiency across accounting operations

Oversee revenue accounting and ensure compliance with ASC 606, including complex customer contracts, variable consideration, rebates, and rights of return

Partner closely with Sales, Legal, and Operations to review and approve customer contracts for accounting implications

Maintain revenue recognition policies, procedures, and documentation

Oversee accounting for COGS, including wafer fabrication, assembly and test, foundry costs, logistics, and manufacturing variances

Partner with Operations and Supply Chain to improve cost visibility and margin analysis

Oversee accounts receivable, billing, cash application, credit policies, and collections

Monitor customer credit risk, reserves for doubtful accounts, and days sales outstanding (DSO)

Oversee accounting and reporting for stock-based compensation under ASC 718

Partner with Legal and HR on equity plan administration, option grants, ESPPs, and modifications

Ensure accurate valuation, expense recognition, disclosures, and reconciliation of equity accounts

Research and implement accounting guidance for new or complex transactions (e.g., revenue arrangements, business combinations, debt, leases, equity transactions)

Maintain the company’s accounting policies and procedures documentation

Partner with FP&A on forecasting, budgeting, and financial analysis

Provide financial insight and guidance to executive leadership