Power Integrations Careers

Description

• Lead the preparation and review of monthly, quarterly, and annual financial statements in accordance with U.S. GAAP.
• Own all SEC reporting activities, including Forms 10-K, 10-Q, 8-K, proxy statements, and related disclosures.
• Ensure compliance with SOX 404 requirements, maintaining effective internal controls over financial reporting.
• Serve as the primary accounting liaison with external auditors and advisors.

• Lead and develop the accounting organization, including general ledger, revenue, AR, AP, payroll, and technical accounting.
• Drive continuous improvement, automation, and efficiency across accounting operations.

• Oversee revenue accounting and ensure compliance with ASC 606, including complex customer contracts, variable consideration, rebates, and rights of return.
• Partner closely with Sales, Legal, and Operations to review and approve customer contracts for accounting implications.
• Maintain revenue recognition policies, procedures, and documentation.

• Oversee accounting for COGS, including wafer fabrication, assembly and test, foundry costs, logistics, and manufacturing variances.
• Partner with Operations and Supply Chain to improve cost visibility and margin analysis.

• Oversee accounts receivable, billing, cash application, credit policies, and collections.
• Monitor customer credit risk, reserves for doubtful accounts, and days sales outstanding (DSO).

• Oversee accounting and reporting for stock-based compensation under ASC 718.
• Partner with Legal and HR on equity plan administration, option grants, ESPPs, and modifications.
• Ensure accurate valuation, expense recognition, disclosures, and reconciliation of equity accounts.

• Research and implement accounting guidance for new or complex transactions (e.g., revenue arrangements, business combinations, debt, leases, equity transactions).
• Maintain the company’s accounting policies and procedures documentation.

• Partner with FP&A on forecasting, budgeting, and financial analysis.
• Provide financial insight and guidance to executive leadership.

• Bachelor’s degree in Accounting or Finance.
• CPA required.
• 10+ years of progressive accounting experience, including leadership roles.
• Experience in a public company.
• Strong knowledge of U.S. GAAP, SEC reporting, and SOX compliance.
• Hands-on experience with ASC 606 revenue recognition and inventory/COGS accounting.

• Prior experience in the semiconductor, hardware, or manufacturing industry.
• Big Four public accounting background.
• Experience with ERP systems (e.g., Oracle, SAP, NetSuite).

• Strong technical accounting and analytical skills
• Detail-oriented with the ability to operate at both strategic and hands-on levels
• Excellent leadership, communication, and cross-functional collaboration skills
• High integrity and commitment to accuracy and compliance