Sr. Director Accounting
Samsung Semiconductor · San Jose, CA · 2 wk ago
Accounting$230k–$402k/yrFull-time
What You’ll Do
Samsung Semiconductor, Inc. is seeking a Senior Director of Accounting to lead the accounting function for the U.S. semiconductor sales and R&D entity. The primary objective of this role is to oversee all accounting operations, ensure financial reporting adheres to IFRS standards, and maintain a robust internal control environment to ensure the reliability of financial data.
Key Partnerships
- Internal Operations: While Accounts Receivable (AR) and Credit functions are managed by a separate Operations team, this role requires close collaboration with them to manage revenue and receivables.
- Executive Leadership: Serves as a key business partner to the CFO, Controller, and the global headquarters in Korea to align accounting policies and control frameworks.
Roles and Responsibilities
- Financial Reporting & Compliance (IFRS & US GAAP)
- Closing Process: Lead the full-cycle month-end, quarter-end, and year-end close for the U.S. subsidiary to ensure accurate financial statements and trial balances.
- HQ Reporting: Deliver comprehensive reporting packages to the Korean HQ based on IFRS, including detailed reconciliations between US GAAP and IFRS.
- Audit Management: Act as the primary liaison for external auditors to ensure the timely completion of statutory audits.
- Corporate Accounting, Fixed Assets & Internal Controls
- CapEx Management: Oversee accounting for major capital expenditures, specifically focusing on:
- Asset-Under-Construction (AUC) tracking.
- Depreciation scheduling and impairment testing.
- Physical inventory tagging for high-value equipment.
- Tax and Intercompany: Support tax planning (including R&D tax credits) and monitor intercompany transfer-pricing agreements between the U.S. subsidiary and Korean HQ.
- Control Frameworks: Design, implement, and monitor the Internal Control over Financial Reporting (ICFR) framework to align with local regulations and global parent company standards.
- Policy Development: Establish localized accounting policies to ensure transaction integrity and consistency.
- Treasury & Cash Management
- Liquidity Planning: Direct the preparation of rolling cash-flow forecasts to ensure sufficient liquidity for capital investments and daily operations.
- Banking Relations: Manage relationships with both U.S. and Korean banks, coordinating with HQ Treasury regarding capital and intercompany loans.
- Accounts Payable (AP) & Operational Excellence
- P2P Workflow Management: Oversee the end-to-end Procure-to-Pay (P2P) process to ensure vendor payments are accurate and timely while upholding strict internal controls.
- ERP Optimization: Lead the optimization of accounting modules within ERP systems (such as SAP or Oracle) to increase automation in expense management and invoice processing.
- Corporate Programs: Responsible for the management of corporate credit-card programs.
- Strategic Leadership & HQ Liaison
- Global Coordination: Serve as the strategic link between the U.S. accounting team and the Korean Headquarters, ensuring effective communication regarding U.S. regulatory updates and business trends.
- Executive Support: Deliver data-driven insights to the CFO and executive leadership to inform strategic decisions regarding new product launches and market expansion.
- Team Development: Lead a high-performing team across all accounting functions by establishing professional development pathways and clear KPIs.
- Technical Accounting & Business Partnership
- Policy Definition: Establish accounting policies and provide organizational guidance on cost-related matters and revenue recognition.
- Contract Analysis: Evaluate the accounting implications associated with complex contracts and transactions.
- Cross-Functional Collaboration: Partner with the Controller, Credit, Legal, and Finance teams to mitigate financial risk and support business decision-making.
- Organizational Leadership
- Culture Building: Utilize people-management skills to create inclusive, high-performing teams based on psychological safety, accountability, and trust.
- Global Alignment: Manage cross-cultural dynamics and organizational complexity to ensure alignment across global teams.
- Mentorship: Coach team members to scale their organizational impact, act decisively, and think strategically.
What You Bring
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (CPA required)
- 15+ years of progressive accounting experience, including senior leadership roles
- Strong expertise in IFRS and US GAAP
- Deep experience in revenue recognition and contract-related accounting
- Proven experience in multinational environments with strong HQ collaboration
- Demonstrated ability to lead large, multi-functional teams
- Strong executive presence and stakeholder management skills
- Ability to operate effectively in a fast-paced and complex organization
Preferred Qualifications
- Big 4 background
- Experience with SAP or similar ERP systems
- Treasury or cash management experience
- Experience in semiconductor, manufacturing, or technology industry
- Experience in tax or working closely with tax functions
- Familiarity with international tax and regulatory environments