Revenue Accounting Operations Director

Job Details:

Job Description: 

Intel is an industry leader and a catalyst for technology innovation and products that revolutionize the way we live. Our purpose is to create world-changing technology that improves the life of every person on the planet. Intel is in the midst of a transformational journey to deliver on its ambitious IDM 2.0 strategy, which includes significant manufacturing expansions and the creation of a foundry to serve internal and external customers, while continuing with our segments and technology leadership on process and product development. This position is a critical role in enabling our strategy, supporting foundry, services, and other new business initiatives and processes from a revenue recognition perspective.

The Chief Accounting Office (CAO) organization is responsible for all accounting and the related compliance and reporting of Intel globally. The team has responsibility for partnering with routine data process owners to confirm the proper accounting to Intel's general ledger for financial related business processes; performs all controllership and consolidation functions of accounting transactions within Intel's general ledgers; consolidates Intel's financial results; performs necessary controllership functions for the review and reconciliation of Intel's consolidated results; and drafts and files all required financial compliance reporting globally.

We are seeking a highly skilled and experienced Revenue Accounting Operations Director to join our Corporate Controller organization within CAO. The candidate will play the lead role in overseeing global US GAAP revenue and rebate accounting, close, and reporting for our operating segments and Intel Consolidated. Responsibilities include establishing scalable revenue processes, policies, and procedures while providing thought leadership on the overall order-to-cash process.

These responsibilities are combined with collaborating with the Global Process Office supporting a company-wide S4 (ERP) implementation and end-to-end ownership of revenue and rebate accounting processes. In addition, this role emphasizes developing people, enhancing processes and controls, and effective cross-functional collaboration in a dynamic and rapidly changing environment.

The successful candidate will be responsible for overseeing the company's net revenue recognition process, ensuring compliance with accounting standards and regulations, and providing strategic guidance on revenue recognition transactions, when needed, and developing operating models.

Responsibilities:

• Oversee a large global team and manage revenue accounting operations to ensure timely and accurate accounting of monthly close and reporting.

• Collaborate with sales, legal, and operations teams to ensure proper revenue recognition via contract reviews, while providing guidance and training to the finance team on revenue recognition principles and practices.

• Develop and implement revenue recognition policies and procedures. Stay updated on changes in revenue recognition standards and regulations and ensure the company's practices are up to date. Resolve any discrepancies or disputes in revenue recognition in a timely and effective manner.

• Project management and E2E process optimization while collaborating with the GPO on designing for transactional and business operating model changes as part of an ERP implementation.

• This role will lead the day-to-day operations on all issues related to the revenue cycle function, provide analysis, create E2E written processes, and train others in implementing an E2E cross-functional revenue cycle.

• Partnering with Sales Operations and Product Teams specific to new product and services roadmap to ensure proper implementation of technical and operational revenue processes.

• Work closely with company's external auditors to ensure approved revenue policies are consistently adhered to and monitored, and to support quarterly/annual audits.

• Provide coaching and mentoring to the team on revenue cycle processes, policies, and procedures as well as guide and motivate a team of accounting professionals to grow their career, including development of technical and soft skill sets. Lead and manage a multi-geo organization, fostering a collaborative, inclusive and efficient work environment.

Qualifications:

• Bachelor’s Degree in Finance or Accounting (or equivalent) with knowledge of US GAAP and application of revenue recognition guidelines, and with over 11 years of overall experience.

• CPA or MBA preferred.

• Combination of Big 4, CPA practical application, and operational experience are strongly preferred.

• Experience working with SAP and related analytical applications is a plus.

• Leadership skills and experience in directing and managing cross-geo teams, with demonstrated ability to manage multiple priorities in a fast-paced environment.

• Consistent record of accomplishment of establishing relationships with cross-functional business partners.

• Proven experience in preparing documentation and justifying revenue recognition conclusions.

• Passionate for continuous improvement of systems and processes.

• A leader who keeps their team engaged as they progress and stays committed to providing an environment that fosters career growth and development for the team.

• Strong communication skills, with the ability to explain complex financial concepts to non- financial stakeholders, to achieve results.

          

Job Type:Experienced Hire

Shift:Shift 1 (United States of America)

Primary Location: US, Oregon, Hillsboro

Additional Locations:US, Arizona, Phoenix, US, California, Folsom, US, California, Santa Clara

Business group:As members of the Finance team, employees act as full partners in making and supporting business decisions that are aimed at maximizing shareholder value. Intel Finance has a strong focus on facilitating change and improvement both within finance and in the operations supported.

Posting Statement:All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.Position of TrustThis role is a Position of Trust. Should you accept this position, you must consent to and pass an extended Background Investigation, which includes (subject to country law), extended education, SEC sanctions, and additional criminal and civil checks. For internals, this investigation may or may not be completed prior to starting the position. For additional questions, please contact your Recruiter.

Benefits:

We offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, as well as, benefit programs which include health, retirement, and vacation.  Find more information about all of our Amazing Benefits here:

https://intel.wd1.myworkdayjobs.com/External/page/1025c144664a100150b4b1665c750003

Annual Salary Range for jobs which could be performed in the US:

$191,280.00-$270,040.00

Salary range dependent on a number of factors including location and experience.

Work Model for this Role

This role will require an on-site presence. * Job posting details (such as work model, location or time type) are subject to change.