Corporate Controller

Power Integrations • San Jose, CA

4d • $183,365 - $263,639

About The Position

The Corporate Controller will serve as a key financial leader responsible for overseeing the company’s worldwide accounting operations, financial reporting, and internal controls. This role will ensure accurate, timely, and compliant financial reporting in accordance with U.S. GAAP and SEC requirements, while supporting the company’s growth as a semiconductor business with complex revenue arrangements, cost structures, and equity compensation programs.

Requirements

• Bachelor’s degree in Accounting or Finance.
• CPA required.
• 10+ years of progressive accounting experience, including leadership roles.
• Experience in a public company.
• Strong knowledge of U.S. GAAP, SEC reporting, and SOX compliance.
• Hands-on experience with ASC 606 revenue recognition and inventory/COGS accounting.
• Strong technical accounting and analytical skills
• Detail-oriented with the ability to operate at both strategic and hands-on levels
• Excellent leadership, communication, and cross-functional collaboration skills
• High integrity and commitment to accuracy and compliance

Nice To Haves

• Prior experience in the semiconductor, hardware, or manufacturing industry.
• Big Four public accounting background.
• Experience with ERP systems (e.g., Oracle, SAP, NetSuite).

Responsibilities

• Lead the preparation and review of monthly, quarterly, and annual financial statements in accordance with U.S. GAAP.
• Own all SEC reporting activities, including Forms 10-K, 10-Q, 8-K, proxy statements, and related disclosures.
• Ensure compliance with SOX 404 requirements, maintaining effective internal controls over financial reporting.
• Serve as the primary accounting liaison with external auditors and advisors.
• 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.

Benefits

• Power Integrations also offers to our eligible employees a comprehensive total rewards package that includes equity, medical benefits, ESPP, 401K, tuition reimbursement and time off programs.
• For additional benefits, please visit https://www.power.com/company/our-sustainability-priorities/people-our-engine-innovation.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 501-1,000 employees