Senior Director, Technical Accounting, Policy and SEC Reporting

at  Intel

Santa Clara, California, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate02 Sep, 2024USD 293105 Annual03 Jun, 20247 year(s) or aboveRegulations,Intel,Finance,Research,Leadership,Management Skills,Relationship Development,Interpersonal SkillsNoNo
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Description:

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 (called IAO strategy) which includes significant manufacturing expansions and the creation of a foundry to serve internal and external customers.
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.
The Senior Director, Technical Accounting, Policy and SEC Reporting will lead Intel’s technical accounting, policy, and SEC reporting areas. These responsibilities are a part of Intel Corporation’s Chief Accounting Officer function. The position will work across all geographies and Company functions to proactively seek, identify, interpret, document, educate and account for transactions in accordance with generally accepted accounting principles and new/emerging accounting standards. The position also oversees the preparation of the Company’s SEC filings and corporate policies.

Responsibilities:

  • Lead the development of a strong technical accounting and policy function, including identifying best practices, formalizing process, standardizing documentation, and partnering with Intel’s various functions to deliver timely and accurate information.
  • Lead the Company’s SEC reporting process including those periodic SEC filings on Forms 10-K, 10-Q, 8-K.
  • Directly manages a team of 10, and indirectly will partner and collaborate with numerous other members of the corporate controllership function, executive financial management, corporate development, financial and non-financial process owners/managers, and the Company’s external auditors.

Focus Areas:

  • Developing and standardizing process across the Company’s Technical Accounting and SEC Reporting processes.
  • Proactively identifying, researching, consulting, and drafting technical memorandums on significant and complex proposed and/or completed transactions and issues.
  • Monitoring developments and assessing/communicating the effects emerging US GAAP, IFRS and SEC proposed regulations.
  • Partnering with financial controllers to create, update or clarify global financial policies; organizing teams to develop policy and implement new accounting pronouncements.
  • Developing process to ensure financial policies are updated to reflect current business practices and compliance with GAAP.
  • Educating the global finance organization on accounting pronouncements and application of policy.
  • Managing the preparation, review and filing of the Company’s SEC filings.
  • Develop business acumen of our evolving operations to determine changes in processes, locations, and technical accounting application.
  • Participate in Intel’s employee development efforts, embrace and develop a globally diverse and inclusive workforce, and support Intel’s community advancement initiatives.

QUALIFICATIONS

  • 11+ years of relevant experience.

  • BS degree in Accounting, Finance, or Business.

  • CPA certification with 7+ years of large firm public accounting experience preferred.
  • Strong conceptual and practical experience in understanding and communicating technical accounting and SEC reporting issues specific to the technology and manufacturing industries.
  • Proficiency with researching accounting literature including FASB, SEC, AICPA and IFRS rules and regulations.
  • Strong project management, leadership, relationship development and people management skills.
  • Results orientation, working on a fast-paced team, adapting to rapidly changing situations and conditions as well as a drive and bias for action.
  • Partnership and execution within a matrixed structure: ability to work cross-functionally and objectively to a desired outcome that is in the best interest of Intel.
  • Analytical, research, and project and stakeholder management skills.
  • Strong communication and interpersonal skills; concise communication when speaking to senior leadership.
  • Motivated to learn and grow and develop knowledge of unfamiliar areas.

Responsibilities:

  • Lead the development of a strong technical accounting and policy function, including identifying best practices, formalizing process, standardizing documentation, and partnering with Intel’s various functions to deliver timely and accurate information.
  • Lead the Company’s SEC reporting process including those periodic SEC filings on Forms 10-K, 10-Q, 8-K.
  • Directly manages a team of 10, and indirectly will partner and collaborate with numerous other members of the corporate controllership function, executive financial management, corporate development, financial and non-financial process owners/managers, and the Company’s external auditors


REQUIREMENT SUMMARY

Min:7.0Max:11.0 year(s)

Accounting

Accounts / Finance / Tax / CS / Audit

Accounts Management

BSc

Accounting, Business, Finance

Proficient

1

Santa Clara, CA, USA