Principal Finance Manager

Onto Innovation•Wilmington, MA

7d•$115,200 - $172,800•Onsite

About The Position

The Revenue Manager is responsible for end‑to‑end revenue accounting for global sales of capital equipment, services, upgrades, and spares. This role owns revenue journal entries, key monthly reconciliations, and select external reporting disclosures, while also driving improvements to manual revenue processes. The position requires strong ASC 606 judgment, hands‑on execution, and the ability to operate in a close‑intensive public company environment.

Requirements

Bachelor’s degree in Accounting or Finance
4–7 years of progressive accounting experience
Strong knowledge of ASC 606 and revenue recognition principles
Experience owning revenue journal entries and reconciliations in a close environment
Public company experience or strong exposure to external reporting requirements
Ability to work independently, manage deadlines, and exercise sound accounting judgment

Nice To Haves

CPA
Big 4 and/or public company experience
Semiconductor, manufacturing, or capital equipment industry background
Experience in manual or evolving revenue environments
ERP experience (Oracle) and comfort working with large data sets

Responsibilities

Perform detailed revenue recognition analysis under ASC 606 for: Tool sales, services, upgrades, and spare parts, Complex and non‑standard customer arrangements
Own revenue journal entries and supporting schedules as part of the monthly close
Evaluate contract terms, delivery, installation, and acceptance provisions to determine timing of revenue recognition
Serve as a key point of contact for revenue questions from Sales, Sales Operations FP&A and Legal
Own and execute monthly revenue reconciliations across order systems, sub-ledgers, and the general ledger
Investigate and resolve reconciling items with a focus on root cause and repeatability
Improve close efficiency, accuracy, and documentation quality in a largely manual environment
Identify and implement improvements to manual revenue processes and controls
Develop scalable procedures, templates, and documentation to support future-state processes
Consider AI opportunities to improve efficiency and reduce risks of errors
Partner with systems and operations teams to enhance data quality and reporting, without reliance on major system implementations
Support SOX controls and internal control improvements related to revenue
Prepare and support select revenue-related disclosures for Forms 10‑Q and 10‑K
Provide audit support, including memos, schedules, and walkthroughs related to revenue
Ensure revenue accounting positions are well-documented and audit-ready
Coordinate with FP&A on revenue timing, actuals vs. forecast variances, and revenue drivers
Provide clear explanations of revenue trends and timing differences
Support management reporting and ad hoc revenue analyses, as needed