Lease Accounting Sr. Manager

Advanced Micro Devices, Inc•Santa Clara, CA

About The Position

AMD is seeking a Senior Manager, Lease Accounting, to join its Corporate Accounting team in Santa Clara, California. The role leads AMD’s global lease accounting operations for real estate, data centers, servers, equipment, colocation arrangements, and other infrastructure-related contracts. It is responsible for accurate, timely, US GAAP-compliant accounting and reporting, and for building scalable processes, systems, and internal controls as the company grows. The position partners with leaders across the CFO organization and with teams including Real Estate, Finance, Technical Accounting, Tax, Legal, Procurement, Treasury, and Corporate Development. It translates complex contracts and technical accounting requirements into effective operational accounting solutions, while driving continuous improvement, automation, and adoption of emerging technologies, including artificial intelligence.

Requirements

Progressive accounting experience.
Strong knowledge of US GAAP, particularly ASC 842, and experience with complex lease accounting.
Practical experience evaluating complex lease arrangements, embedded leases, equipment financing, data center and colocation arrangements, and other infrastructure-related transactions.
Experience managing accounting close processes, financial reporting, reconciliations, and internal controls in a complex organization.
Strong understanding of SOX and experience designing or operating effective internal controls.
Demonstrated ability to lead cross-functional initiatives, manage competing priorities, and deliver results in a fast-paced environment.
Excellent analytical, problem-solving, communication, and stakeholder management skills.
Bachelor’s degree in Accounting or Finance preferred.
CPA, CA, or equivalent professional accounting certification preferred.
This role is not eligible for visa sponsorship.

Nice To Haves

Advanced degree.
CPA, CA, or equivalent professional accounting certification.
Big 4 or other large accounting firm experience working with US publicly listed companies.
Experience implementing accounting systems, process automation, or finance transformation.
Experience with SAP, BlackLine, and enterprise lease accounting software.
Experience applying artificial intelligence and analytics to accounting processes.

Responsibilities

Lead global lease accounting operations across real estate, data centers, servers, equipment, colocation arrangements, and other infrastructure-related contracts, ensuring consistent and accurate accounting across legal entities and geographies.
Oversee the end-to-end lease accounting lifecycle, including identification, commencement, measurement, modifications, reassessments, impairments, terminations, and financial statement reporting.
Oversee monthly and quarterly close activities, including journal entries, reconciliations, roll-forwards, flux analysis, balance sheet substantiation, and management reporting.
Partner with cross-functional teams to evaluate complex and evolving contractual arrangements, including embedded leases, equipment financing, data center arrangements, and build-to-suit structures.
Translate technical accounting conclusions into operational processes, system requirements, journal entries, and reporting solutions; develop and maintain lease accounting policies and procedures.
Establish scalable contract intake, data validation, asset tracking, and reconciliation processes to ensure complete and accurate lease accounting records.
Develop processes to identify and evaluate contractual changes and operational events that may trigger lease modifications, reassessments, impairments, or other accounting impacts.
Own and enhance SOX-compliant lease accounting controls, including management reviews, reconciliations, journal entry controls, and supporting documentation.
Oversee lease accounting systems, subledger integrity, and integration with ERP and financial reporting platforms, partnering with Finance Systems and IT on enhancements and new capabilities.
Drive standardization, process improvement, and automation to improve accuracy, efficiency, and close-cycle performance.
Identify and implement opportunities to use artificial intelligence and advanced automation for contract data extraction, lease identification support, exception monitoring, and reconciliation automation.
Develop scalable accounting processes and system solutions to support new business models, infrastructure investments, and evolving operational requirements.
Serve as Corporate Accounting’s primary point of contact for lease accounting, coordinating with internal and external auditors and supporting financial statement and SOX audits.
Provide leadership and technical guidance to accounting teams and cross-functional partners, establish process accountability, and communicate significant accounting matters, control risks, and improvement opportunities to senior leadership.