Senior Manager, Worldwide Revenue & Cost Management

Power Integrations • San Jose, CA

4d

About The Position

Worldwide Revenue & Cost Manager Senior Manager Finance and Administration | US / Singapore / Malaysia The Worldwide Revenue & Cost Manager / Senior Manager will play a critical role in overseeing global revenue recognition and cost accounting activities for the company. This role ensures accurate, compliant accounting for customer contracts, cost of goods sold (COGS), and inventory across worldwide operations, while supporting timely financial reporting in accordance with U.S. GAAP. The ideal candidate combines strong technical accounting expertise with hands-on operational experience in a semiconductor or manufacturing environment and thrives in a fast-paced, global organization. JOB DESCRIPTION: Worldwide Revenue Accounting Oversee global revenue recognition processes in compliance with ASC 606, including multiple performance obligations, variable consideration, rebates, credits, rights of return, and distributor arrangements. Review customer contracts and amendments in partnership with Sales and Legal to assess accounting implications. Ensure accurate revenue cut-off, deferred revenue, and contract asset/liability accounting across regions. Maintain revenue recognition policies, procedures, and supporting documentation. Support quarterly and annual close processes, including revenue-related disclosures for SEC filings. Cost of Goods Sold (COGS), Inventory Accounting & Gross Margins Oversee worldwide cost accounting activities, including wafer fabrication, assembly and test, foundry costs, logistics, royalties, and manufacturing overhead. Ensure accurate standard costing, variance analysis, and margin reporting. Review and support inventory valuation, excess and obsolete (E&O) reserves, and lower-of-cost-or-net-realizable-value (LCNRV) assessments. Partner with Operations and Supply Chain to understand cost drivers and improve forecast accuracy. Global Close & Reporting Support Lead revenue and cost components of the monthly, quarterly, and annual close. Prepare and review journal entries, account reconciliations, and flux analyses for company wide spending across all departments Directly support Singapore cost team during close for month, quarter, year Provide revenue and cost data and analysis to FP&A for forecasting and budgeting. Support external audits and internal SOX controls related to revenue and inventory. System Management Lead worldwide Oracle instance and other related business information systems Ensure completion of various IT projects to ensure accurate data capture and recording of information supporting operations and areas of cost information responsibility Team Leadership Manage and mentor team of revenue and cost accounting professionals based out of US and Singapore Establish clear goals, training, and development plans to support a high-performing team.

Requirements

• Bachelor's degree in Accounting or Finance
• CPA Required
• 8-12 years of progressive accounting experience.
• Strong knowledge of U.S. GAAP, with deep experience in ASC 606 revenue recognition and inventory/COGS accounting.
• Hands on experience using and maintaining Oracle.
• Experience supporting a global close process in a public company in the semiconductor or manufacturing industry.
• Proven ability to partner cross-functionally and manage complex accounting issues.
• Strong technical accounting and analytical skills
• Significant Oracle experience with inventory and standard cost
• Ability to manage complexity across regions and functions
• Detail-oriented with strong judgment and problem-solving abilities
• Effective communicator with executive-level presence
• Ability to lead, develop, and scale global teams

Responsibilities

• Oversee global revenue recognition processes in compliance with ASC 606, including multiple performance obligations, variable consideration, rebates, credits, rights of return, and distributor arrangements.
• Review customer contracts and amendments in partnership with Sales and Legal to assess accounting implications.
• Ensure accurate revenue cut-off, deferred revenue, and contract asset/liability accounting across regions.
• Maintain revenue recognition policies, procedures, and supporting documentation.
• Support quarterly and annual close processes, including revenue-related disclosures for SEC filings.
• Oversee worldwide cost accounting activities, including wafer fabrication, assembly and test, foundry costs, logistics, royalties, and manufacturing overhead.
• Ensure accurate standard costing, variance analysis, and margin reporting.
• Review and support inventory valuation, excess and obsolete (E&O) reserves, and lower-of-cost-or-net-realizable-value (LCNRV) assessments.
• Partner with Operations and Supply Chain to understand cost drivers and improve forecast accuracy.
• Lead revenue and cost components of the monthly, quarterly, and annual close.
• Prepare and review journal entries, account reconciliations, and flux analyses for company wide spending across all departments
• Directly support Singapore cost team during close for month, quarter, year
• Provide revenue and cost data and analysis to FP&A for forecasting and budgeting.
• Support external audits and internal SOX controls related to revenue and inventory.
• Lead worldwide Oracle instance and other related business information systems
• Ensure completion of various IT projects to ensure accurate data capture and recording of information supporting operations and areas of cost information responsibility
• Manage and mentor team of revenue and cost accounting professionals based out of US and Singapore
• Establish clear goals, training, and development plans to support a high-performing team.

Benefits

• Power Integrations also offers to our eligible employees a comprehensive total rewards package that includes equity, medical benefits, ESPP, 401K, tuition reimbursement and time off programs.
• For additional benefits, please visit https://www.power.com/company/our-sustainability-priorities/people-our-engine-innovation

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees