Director of Accounting

Upscale, Inc.•Santa Clara, CA
•$236,000 - $255,000

About The Position

Upscale, Inc. is seeking an experienced, hands-on Director of Accounting to build and scale the accounting infrastructure for its rapidly growing fabless semiconductor business. The role will lead manufacturing and inventory accounting processes, revenue recognition policies, SAP workflow design, financial reporting, and internal controls as the company moves from early commercialization to volume production. The Director will combine operational accounting leadership with experience in complex manufacturing environments, ERP implementations, and U.S. GAAP compliance. They will partner with Engineering, Operations, Supply Chain, Quality, Legal, Sales, and Finance to establish scalable, accurate, and controlled processes that support company growth.

Requirements

  • Bachelor's degree in Accounting or Finance.
  • 10+ years of progressive accounting experience.
  • Experience leading accounting functions within high-growth technology, hardware, manufacturing, or semiconductor companies.
  • Strong knowledge of U.S. GAAP and ASC 606.
  • Demonstrated experience with month-end close, audits, process improvements, and ERP systems.
  • Experience with inventory accounting, standard costing, and manufacturing variance analysis.

Nice To Haves

  • CPA.
  • Semiconductor, electronics, networking hardware, or fabless manufacturing experience.

Responsibilities

  • Design and implement the manufacturing accounting framework for a fabless semiconductor business using TSMC, Flex, and other outsourced manufacturing partners.
  • Establish inventory accounting processes for consigned inventory, wafer purchases, die banks, work-in-process, finished goods, inventory reserves, and inventory valuation.
  • Develop standard costing methodologies, overhead absorption models, and manufacturing variance reporting.
  • Build scalable processes for inventory reconciliations, inventory ownership transfers, cost of goods sold, and manufacturing-related internal controls.
  • Analyze purchase price, yield, scrap, and excess and obsolete inventory variances and provide actionable insights to management.
  • Partner with Engineering, Operations, Supply Chain, and Quality during new product introduction activities and production ramps.
  • Develop scalable revenue accounting policies and ASC 606 compliance processes.
  • Evaluate and document accounting conclusions for complex commercial arrangements, including customer incentives, rebates, distributor programs, most-favored-nation provisions, pricing protections, and other strategic customer agreements.
  • Partner with Sales and Legal to assess accounting implications of customer contracts before execution.
  • Support technical accounting research and prepare audit-ready documentation.
  • Lead SAP process design and workflow optimization to support operational scale and automation.
  • Partner with implementation consultants and business stakeholders to design efficient inventory, manufacturing, procure-to-pay, and revenue accounting processes.
  • Lead monthly, quarterly, and annual close processes and ensure timely and accurate financial reporting.
  • Develop and maintain accounting policies, procedures, and internal controls in accordance with U.S. GAAP.
  • Manage external audits and support future readiness for public-company reporting and SOX compliance.
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