Job Type: Permanent - Full Time
Travel Required: 0%
Remote Work Available: Yes
Renesas is one of the top global semiconductor companies in the world. We strive to develop a safer, healthier, greener, and smarter world, and our goal is to make every endpoint intelligent by offering product solutions in the automotive, industrial, infrastructure and IoT markets. Our robust product portfolio includes world-leading MCUs, SoCs, analog and power products, plus Winning Combination solutions that curate these complementary products. We are a key supplier to the world’s leading manufacturers of the electronics you rely on every day; you may not see our products, but they are all around you.
Renesas employs roughly 21,000 people in more than 30 countries worldwide. As a global team, our employees actively embody the Renesas Culture, our guiding principles based on five key elements: Transparent, Agile, Global, Innovative, and Entrepreneurial. Renesas believes in, and has a commitment to, diversity and inclusion, with initiatives and a leadership team dedicated to its resources and values. At Renesas, we want to build a sustainable future where technology helps make our lives easier. Join us and build your future by being part of what’s next in electronics and the world.
What You Will Do
Responsible for all revenue related programs relating to Renesas America business covering the accounting for:
NRE’s, RMA’s, Stock rotation, Revenue cut-off, Phantom Inventory, Rebates Ship & Debit accrual, Price adjustments, VMI revenue
Any other revenue related items that impact accounting
Perform revenue reserve analysis, variance analysis for management reviews, as well as Ad Hoc reporting.
Review contracts for recognition of Revenue under ASC 606 and communicating to business partners.
Prepare monthly revenue journal entries. Monthly reconciliation for all revenue related items, prepare Diva schedules.
Reconcile ABU Surcharge, Reconciliation between REL and REA.
Provide Sales detail and sales and use file to Tax department.
Assist with preparation for annual audits and quarterly reviews, including interaction with external and internal auditors.
Ensure compliance with internal control (JSOX) for Revenue areas.
Assist with IT projects including key reports, implementation of new processes, and integrations, etc.
Required Skills & Knowledge
- Bachelor's degree in Finance/Accounting
- Experience with SAP is an advantage but not required
- 2+ years of finance experience
- Strong communication and collaboration skills
- Demonstrates initiative, ownership, dependability and accountability
- Good Excel skills
Renesas Electronics America is an equal opportunity and affirmative action employer, committed to celebrating diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by federal, state or local law.