Sr. Manager Global Fixed Assets
About the role
onsemi is seeking a highly motivated and technically strong accounting professional to lead our global fixed asset accounting function. This role oversees the accounting, reporting, control environment, and operational management of a complex global portfolio of property, plant, and equipment across multiple jurisdictions. The Senior Manager will drive the adoption of AI, automation, and data-enabled solutions to improve accuracy, scalability, and decision-making.
Reporting to the Sr. Director of Corporate Accounting, the Senior Manager will provide leadership over a team based in Carmona, Philippines, while partnering closely with corporate accounting, manufacturing finance, tax, internal audit, shared service centers, and external auditors.
Responsibilities
- Lead the global fixed asset accounting function, ensuring accurate and timely accounting for property, plant and equipment, construction-in-progress, capital projects, impairments, retirements, and asset transfers.
- Oversee monthly, quarterly, and annual close activities related to fixed assets, including depreciation, reconciliations, analytics, and financial reporting.
- Ensure compliance with U.S. GAAP and company accounting policies relating to capitalization, depreciation, impairment, and asset disposals.
- Review and analyze fixed asset balances, depreciation trends, capital spending activity, and key performance indicators.
- Partner with FP&A, manufacturing finance, and operational stakeholders to provide insights into capital investments and asset utilization.
- Serve as the subject matter expert for fixed asset accounting matters, including capitalization policies, impairment analyses, asset retirement activities, and sale-leasebacks.
- Evaluate and implement the accounting implications of new accounting standards and business transactions impacting fixed assets.
- Maintain and enhance accounting policies, procedures, and internal controls to support a strong SOX-compliant control environment.
- Partner with internal and external auditors to support quarterly reviews, annual audits, and control testing activities.
- Lead, develop, and mentor a team of fixed asset professionals located in Carmona, Philippines.
- Drive operational excellence through standardization, AI-enabled automation, workflow optimization, and continuous improvement initiatives.
- Oversee global asset lifecycle processes, including project capitalization, asset transfers, retirements, physical inventories, and exception monitoring.
- Collaborate with finance and IT teams to optimize system functionality and strengthen reporting capabilities.
- Support strategic initiatives, ERP enhancements, and process transformation projects.
- Serve as a transformation-minded finance leader who actively seeks opportunities to embed AI into day-to-day processes and build AI fluency across the fixed asset organization.
- Act as a key stakeholder in Oracle Fusion Fixed Assets, Projects, and General Ledger processes.
- Partner with Finance Systems and IT teams on system implementations, upgrades, and process improvements.
Requirements
- Bachelor's degree in Accounting, Finance, or related field.
- CPA strongly preferred.
- Minimum of 8-10 years of progressive accounting experience, including substantial responsibility for fixed asset accounting within a large multinational organization.
- Demonstrated expertise in U.S. GAAP, particularly fixed assets, capital projects, impairments, and internal controls.
- Proven leadership experience managing accounting teams, including offshore or shared service organizations.
- Strong analytical, problem-solving, organizational, and communication skills.
- Experience working in a publicly traded company environment strongly preferred.
- Oracle Fusion experience strongly preferred.
- Advanced Excel and financial systems proficiency required.
Preferred Experience
- Semiconductor, manufacturing, industrial, or other asset-intensive industry experience.
- Experience managing large global capital expenditure portfolios.
- Experience leading process transformation, AI-enabled automation, and shared service operating model improvements.
- Track record of developing high-performing teams and driving continuous improvement initiatives.
About onsemi
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.
Learn more about our company benefits.