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  • Senior Manager, Worldwide Revenue & Cost…

    Power Integrations (San Jose, CA)



    Apply Now

    Job Description :

    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.

    WORK REQUIREMENTS

    Required

    + 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.

    + Key Competencies

    + 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

     

    Power Integrations is committed to building teams that drive innovation and therefore review a range of factors when determining compensation. The annual base pay range for this position is $158,595 to $229,046.

     

    Our salary ranges are determined by role, level, qualifications and work location. The range displayed on the job posting reflects the minimum and maximum target for new hire salaries for this position in California. Within the range, individual pay is determined by additional factors, including job-related skills, experience, and relevant education or training.

     

    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.

     


    Apply Now



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