Technical Accounting Manager

About the role

At SK hynix America, we're at the forefront of semiconductor innovation, developing advanced memory solutions that power everything from smartphones to data centers. As a global leader in DRAM and NAND flash technologies, we drive the evolution of advancing mobile technology, empowering cloud computing, and pioneering future technologies. Our cutting-edge memory technologies are essential in today's most advanced electronic devices and IT infrastructure, enabling enhanced performance and user experiences across the digital landscape. We're looking for innovative minds to join our mission of shaping the future of technology. At SK hynix America, you'll be part of a team that's pioneering breakthrough memory solutions while maintaining a strong commitment to sustainability. We're not just adapting to technological change – we're driving it, with significant investments in artificial intelligence, machine learning, and eco-friendly solutions and operational practices. As we continue to expand our market presence and push the boundaries of what's possible in semiconductor technology, we invite you to be part of our journey to creating the next generation of memory solutions that will define the future of computing.

Key Responsibilities

• Analyze complex and non-routine accounting transactions under IFRS and other applicable accounting standards.
• Research accounting guidance and prepare comprehensive technical accounting memos documenting conclusions, accounting treatment, and supporting analysis.
• Provide technical accounting guidance to Finance, FP&A, Legal, Tax, Treasury, and cross-functional teams.
• Monitor new accounting standards and assess their impact on the company’s financial statements and processes.
• Lead accounting assessments for M&A transactions, business combinations, investments, divestitures, restructurings, and other strategic transactions.
• Analyze purchase accounting, acquisition-related costs, contingent consideration, earn-outs, goodwill, intangible assets, and other transaction-specific accounting matters.
• Partner with legal, Corporate Development, Tax, Valuation, and external advisers to ensure appropriate accounting conclusions and documentation.
• Develop accounting policies and procedures for newly acquired businesses and complex transactions.
• Oversee accounting for equity method investments, including initial recognition, basis differences, impairment considerations, and periodic equity-method adjustments.
• Support accounting for investments, subsidiaries, joint ventures, and other complex ownership structures.
• Prepare and review consolidation entries, eliminations, intercompany transactions, and consolidated financial reporting.
• Evaluate changes in ownership interests and their accounting implications.
• Support the monthly, quarterly, and annual close processes, particularly for complex and judgmental accounting areas.
• Review journal entries, account reconciliations, and supporting schedules for significant or unusual transactions.
• Identify opportunities to improve accounting processes, controls, documentation, and close efficiency.
• Establish and maintain accounting policies and internal control over complex transactions.
• Lead and coordinate statutory audits and consolidated financial statements audits, including planning, PBC requests, audit inquires, and resolution of accounting issues.
• Work with auditors and advisers to resolve complex accounting and reporting issues efficiently.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field: CPA strongly preferred.
• Approximately 7-10+ years of progressive accounting experience, including significant technical accounting experiences.
• Strong knowledge of IFRS, including business combinations, equity method accounting, consolidation, investments, revenue recognition, leases, and other complex accounting areas.
• Demonstrated experience with M&A accounting and purchase accounting.
• Proven ability to independently research complex accounting issues and prepare high-quality technical accounting position papers/memos.
• Experience managing external auditors and coordinating both statutory and consolidated audits.
• Strong understanding of financial reporting, consolidation, internal control, and accounting operations.
• Excellent analytical, project management, communication, and documentation skills.
• Ability to operate effectively in a fast-paced environment with multiple complex transactions and competing priorities.