Revenue Recognition Controller

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 ("IAO strategy") which includes significant manufacturing expansions and the creation of a foundry to serve internal and external customers. This position is a critical new role in our overall ERP transformation that will enable our IAO strategy, supporting foundry, software, services, and other new business initiatives and processes from a revenue recognition perspective. Additionally, this role will likely require oversight of a FPR Revenue Recognition Business Analyst.

The FPR Revenue Recognition Controller is a key position within the Finance Plan to Record (FPR) Tower—a key pillar for re-platforming Intel on SAP. The FPR Tower is tasked with the design and implementation of enterprise-wide standard processes utilizing SAP S/4 capabilities, ensuring the system implementation addresses Intel's revenue recognition needs as we expand our lines of business. The FPR business capabilities encompass all processes that feed into the monthly and quarterly consolidated close and reporting deliverables within the Chief Accounting Office (CAO) and requires significant participation in cross-organizational teams to provide critical process inputs to key partners across Finance, IT, and Operations.

To support the respective SAP S/4 capabilities for revenue recognition, this role requires significant knowledge of ASC 606, Revenue from Contracts with Customers. It is therefore expected that this role will have a connection to Intel's Accounting Policy Group, which provides accounting compliance oversight for all global US GAAP and IFRS transactions, ensuring appropriate accounting treatment and accurate financial statement reporting and presentation. To support the evolving needs of the CAO, some portion of the role may require providing timely and accurate financial consultation on emerging and complex accounting issues, primarily in the area of revenue recognition.

As a FPR Revenue Recognition Controller supporting the S/4 ERP Implementation, the primary responsibilities will include, but are not limited to:

• Provide inputs to Revenue Recognition processes, Solution Design Decision, Security Roles, and Change Impacts.
• Provide business requirements for IT to build and configure ERP capabilities balancing business needs and standard processes.
• Create and maintain business partner relationships with other finance colleagues and cross-functional teams, such as Operations, Procurement, etc., to provide financial guidance, drive efficiency, and optimize process execution.
• Identify and drive process improvements impacting global stakeholders.
• Provide US GAAP and/or IFRS technical accounting research, interpretation, and consultation on complex and non-routine transactions - primarily around revenue recognition.
• Review technical accounting whitepapers and maintain or develop Intel's accounting policies - primarily around revenue recognition.
• Communicate significant and unusual transactions via internal Corporate Reporting Dashboard.
• Provide an impartial voice and consistent views on transactions across Intel.
• Provide annual and ad hoc technical accounting training to various groups.

The successful candidate must demonstrate the following:

• Strong understanding of US GAAP and extensive experience applying US GAAP to various facts and circumstances; knowledge of IFRS is a plus.
• Strong analytical, research, and project and stakeholder management skills.
• Strong technical writing skills.
• Strong, concise communication skills (written and oral) upward to senior leadership and across organizations.
• Motivated to learn and grow, and develop knowledge of unfamiliar areas.
• Ability to troubleshoot issues, and drive solutions across stakeholders.
• Ability to manage through ambiguity in complex environments, while continuing to drive action.
• Ability to work on a fast-paced team and adapt to rapidly changing situations and conditions as well as a drive and bias for action.
• Draw conclusions from data and recommend actions.

Qualifications:

You must possess the below minimum qualifications to be initially considered for this position. Preferred qualifications are in addition to the minimum requirements and are considered a plus factor in identifying top candidates.

Minimum Qualifications:

• Bachelor's degree in Accounting.
• CPA or equivalent.
• 10+ years of experience in accounting/auditing/finance.

Preferred Qualifications:

• At least 4 years in public accounting and/or experience working on large multi-national transactions.

This position is not eligible for Intel’s immigration sponsorship.

Job Type:

Experienced Hire

Shift:

Shift 1 (United States of America)

Primary Location:

US, California, Santa Clara

Additional Locations:

US, Arizona, Phoenix, US, Oregon, Hillsboro

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 Trust:

N/A

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: Intel Benefits .

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

$129,790.00-$207,282.00

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

Work Model for this Role:

This role will be eligible for our hybrid work model which allows employees to split their time between working on-site at their assigned Intel site and off-site. * Job posting details (such as work model, location or time type) are subject to change.