Principal Revenue Accountant
About The Position
Allegro MicroSystems is seeking a Principal Accountant, Revenue & Transformation to join its Finance organization. The role begins with responsibility for core revenue accounting, reserves, and forecasting processes, then expands to broader automation and operational finance transformation across the Controllership. The position is open to remote work within the New England region and requires working in the Manchester, New Hampshire office a few times per month. The role combines revenue accounting execution with process improvement. The position holder will identify ways to use data analytics, automation, and practical AI tools to streamline workflows, improve auditability, and increase reporting speed and precision. Transformation approaches developed for revenue workflows will be applied to other accounting streams across the organization.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- At least 8 years of progressive accounting experience, including hands-on experience with revenue recognition under ASC 606, revenue reserves, and month-end close.
- Demonstrated experience improving processes, redesigning workflows, or implementing automation in an accounting environment.
- Strong proficiency with enterprise ERP systems such as Oracle.
- Advanced Excel and data modeling skills.
- Analytical curiosity and interest in using modern data tools and AI to address operational accounting challenges.
- Excellent cross-functional communication skills and ability to explain accounting concepts to non-finance stakeholders.
- Eligible applicants must reside in a state where Allegro currently has an office location: New Hampshire, Massachusetts, Texas, or Michigan.
Nice To Haves
- CPA or active progress toward CPA.
- Experience with semiconductor or high-tech distribution models, particularly Ship & Debit programs and distributor inventory accounting.
- Hands-on experience with Business Intelligence tools such as Tableau or Power BI, or channel management systems such as Model N.
Responsibilities
- Own monthly and quarterly revenue accounting close entries, balance sheet reconciliations, and variance analysis in accordance with ASC 606.
- Maintain, analyze, and enhance revenue reserve models, including Ship & Debit, rebates, and returns, using historical trends, distributor inventories, and current commercial conditions.
- Partner with Commercial Finance to provide data-backed revenue forecasts and explain revenue and margin variances to executive leadership.
- Advise sales teams and business leaders on the accounting treatment of commercial deals, pricing changes, and customer agreements.
- Review revenue and Controllership workflows to identify bottlenecks, reduce cycle times, and minimize manual spreadsheets.
- Partner with Finance Systems and IT to design and implement scalable automation, system integrations, and self-service reporting.
- Pilot and deploy automation and AI tools for data reconciliations, trend monitoring, and variance detection.
- Define repeatable transformation blueprints that can be scaled across other Controllership workstreams.
- Maintain SOX internal controls, process documentation, and audit-ready schedules for internal and external auditors.
- Collaborate with Sales Operations, Supply Chain, and Legal to understand commercial drivers and identify upstream risks before they affect the ledger.
- Promote continuous improvement across Finance and develop scalable accounting operations.
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What This Job Offers
Job Type
Full-time
Career Level
Principal
