Accounting Operations Controller
About The Position
The Accounting Operations Controller is a high impact, high visibility leadership role within the Finance and Accounting organization at Power Integrations Inc., a publicly traded global semiconductor company. This role requires strong project management skills and great attention to detail. The Controller will partner with the broader business, both inside Finance and across multiple corporate departments (Sales, Operations, Legal, IT, and HR), to collect and incorporate new information regularly, leading the monthly GL financial operations close and reporting processes. The Accounting Operations Controller oversees global revenue recognition and cost accounting activities, ensuring accurate, compliant accounting for customer contracts, cost of goods sold (COGS), and inventory across worldwide operations, while supporting timely financial reporting in accordance with U.S. GAAP. AI enablement is a key aspect of day-to-day operations accounting, and we seek a senior accounting leader who can creatively leverage AI tools to improve finance department efficiency and work product quality. The Controller will provide global technical accounting and operational guidance and mentorship to APAC and US staff for close, consolidation, and financial reporting processes. Responsibilities include preparing or reviewing financial analyses to support journal entries and reconciliations. Technical accounting research, drafting technical memos, and preparing SEC financial reporting disclosures are also part of the role. The ideal candidate combines strong technical accounting expertise with hands-on operational experience in a fast-paced, global organization, advocating for strong SOX controls and effective ICFR processes.
Requirements
- Bachelor’s degree in Accounting or Finance, including completion of Accounting and Audit courses
- CPA required
- 10+ years of audit and accounting experience, including minimum 5 years in public accounting (US financial audit under US GAAP)
- Strong knowledge of U.S. GAAP and financial reporting, including ASC 606 revenue recognition and inventory/cost accounting
- Hands-on Oracle experience preferred
- Experience leading a global close process in a public company preferred
- Proven ability to partner cross-functionally and manage complex accounting issues
- Strong attention to detail with high degree of accuracy
- Impeccable communication skills, both written and verbal
- Strong problem solving and analytical skills
- Demonstrated ability to lead and manage multiple projects and prioritize workload effectively and independently under tight deadlines
- Able to manage sensitive and confidential data, information and situations with tact and professionalism
- Natural curiosity and express interest in ongoing professional development and learning
Nice To Haves
- Hands-on Oracle experience
- Experience leading a global close process in a public company
Responsibilities
- Lead general ledger close processes for the monthly, quarterly, and annual close
- Prepare / review journal entries, account reconciliations, and flux analyses
- Draft technical accounting whitepapers to support the basis for unique transactions including M&A, special contracts and transactions, etc
- Support quarterly and annual financial reporting and disclosure processes for SEC filings
- Primary liaison to the external auditors and internal SOX audits
- 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 and provide business partners with optimization advice
- Ensure accurate revenue cut-off, deferred revenue, and contract asset/liability accounting across regions
- Maintain revenue recognition policies, procedures, and supporting documentation
- 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 worldwide Oracle instance and other related business information systems
- Lead automation projects and consider AI tools to improve process efficiencies
- Manage and mentor accounting staff in APAC and the US
- Establish clear goals, training, and development plans to support a high-performing global team
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What This Job Offers
Job Type
Full-time
Career Level
Senior
