Senior Analyst, Technical Accounting and SEC Reporting

KLA Corporation•Ann Arbor, MI

65d

About The Position

KLA is a global leader in diversified electronics for the semiconductor manufacturing ecosystem. Virtually every electronic device in the world is produced using our technologies. No laptop, smartphone, wearable device, voice-controlled gadget, flexible screen, VR device or smart car would have made it into your hands without us. KLA invents systems and solutions for the manufacturing of wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. The innovative ideas and devices that are advancing humanity all begin with inspiration, research and development. KLA focuses more than average on innovation and we invest 15% of sales back into R&D. Our expert teams of physicists, engineers, data scientists and problem-solvers work together with the world's leading technology providers to accelerate the delivery of tomorrow's electronic devices. Life here is exciting and our teams thrive on tackling really hard problems. There is never a dull moment with us. KLA is well known for its high-performing business model which routinely produces significant profit margins and revenue. Key to supporting KLA business is the finance team that partners with corporate and global business organizations to provide expertise and guidance for developing and executing sound business models and practices. The Finance organization consists of operations and corporate finance teams. The operations finance team influences business decisions by gathering the best available operations information, distilling it and making recommendations to our management team on the best course of action. The corporate team provides a broad range of services, such as financial planning, corporate accounting, tax, industry analysis and benchmarking, internal audits, SEC reporting and merger and acquisition support. Our corporate Technical Accounting & SEC Reporting team is responsible for preparation and timely filing of quarterly Form 10-Qs and the annual Form 10-K, providing technical accounting support on complex transactions to other stakeholders within the company, lease accounting, preparation of internal financial reporting deliverables, leading the implementation of new accounting standards, and contributing to other special finance projects. The Sr. Analyst, Technical Accounting and SEC Reporting will be a key contributor to the team via the following responsibilities:

Requirements

BA/BS in Accounting, Finance, or related field
Minimum of 8 years of relevant work experience
Experience and understanding of lease accounting under ASC 842
Detailed understanding of US GAAP and SEC reporting requirements
Comfortable navigating through complex accounting matters and arriving at recommendations and conclusions
Strong analytical, communication and technical writing skills

Nice To Haves

Experience with Big 4 or regional public accounting firm
Experience working in the SAP ERP system
Experience working with Lease Harbor, or other similar lease management system.
Licensed CPA

Responsibilities

Contribute to the preparation of quarterly Form 10-Qs and the annual Form 10-K.
Prepare the statement of cash flows, including support schedules.
Prepare quarterly lease accounting entries and related financial statement disclosures, collaborating with global controllers, the global workplace services team, a third-party lease administrator, and other finance personnel to collect data related to new, terminated and modified leases, ensuring accounting accuracy.
Review agreements with suppliers for potential embedded leases.
Track global asset retirement obligations, preparing quarterly accounting entries in accordance with ASC 410 requirements.
Serve as a technical accounting resource for the organization, preparing presentations for senior management to address complex accounting transactions (e.g., stock compensation).
Work closely with internal and external auditors to provide documentation required for their procedures.
Stay current on emerging US GAAP and SEC accounting standards, evaluating their impact on our company.