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Manager of Accounting

Job Description

  • Lead and manage the financial reporting and GL accounting team, including day-to-day operations, training, and performance management.
  • Oversee the closing process, ensuring timely and accurate financial statements in accordance with US GAAP or IFRS .
  • Prepare and review financial reports, including balance sheets, income statements, and cash flow statements.
  • Manage and maintain the general ledger, ensuring accurate recording and classification of all financial transactions.
  • Develop and implement internal controls to safeguard financial assets and ensure data integrity.
  • Work collaboratively with other departments (e.g., sales, operations, tax) to gather and consolidate financial information.
  • Analyze financial data and identify trends or areas for improvement.
  • Stay current with accounting standards and regulations (e.g., IFRS, SEC regulations).
  • Prepare and support the external audit process.
  • Research and provide documentation on technical accounting matters.

Qualifications

  • Bachelor's degree in Accounting or Finance (CPA preferred).
  • Minimum of 2 to 5 years of experience as a Financial Reporting or GL Accounting Manager.
  • Big 4 public accounting firm experience a strong plus.
  • In-depth knowledge of Generally Accepted Accounting Principles (GAAP)  
  • Proven experience in leading and managing an accounting team.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Proficient in accounting software (e.g., ERP systems, SAP is a strong plus).
  • Ability to work independently and as part of a team.
  • Strong attention to detail and accuracy.
  • Excellent time management and organizational skills.

Additional Information

The expected annual pay range for this position is $124,000 - $186,000. This position is also eligible for bonus opportunities and commission pay. Please note that final offer amount will be dependent on geographic location, applicable experience, and skillset of the candidate.

Renesas offers a full range of elective benefits including medical, health savings account (with applicable medical plan), dental, vision, health and/or dependent care flexible spending accounts, pre-tax commuter benefits, life insurance, AD&D, and pet insurance. In addition to elective benefit options, benefited employees receive company-paid life insurance and AD&D, LTD, short term medical benefits as well as paid sick time, paid holidays, and accrued paid vacation. New employees will attend a detailed benefit orientation to learn more about our many benefits and resources.

 

 

Renesas is an embedded semiconductor solution provider driven by its Purpose ‘To Make Our Lives Easier.’ As the industry’s leading expert in embedded processing with unmatched quality and system-level know-how, we have evolved to provide scalable and comprehensive semiconductor solutions for automotive, industrial, infrastructure, and IoT industries based on the broadest product portfolio, including High Performance Computing, Embedded Processing, Analog & Connectivity, and Power.
 
With a diverse team of over 21,000 professionals in more than 30 countries, we continue to expand our boundaries to offer enhanced user experiences through digitalization and usher into a new era of innovation. We design and develop sustainable, power-efficient solutions today that help people and communities thrive tomorrow, ‘To Make Our Lives Easier.’     
 
At Renesas, you can: 

  • Launch and advance your career in technical and business roles across four Product Groups and various corporate functions. You will have the opportunities to explore our hardware and software capabilities and try new things.  
  • Make a real impact by developing innovative products and solutions to meet our global customers' evolving needs and help make people’s lives easier, safe and secure. 
  • Maximize your performance and wellbeing in our flexible and inclusive work environment. Our people-first culture and global support system, including the remote work option and Employee Resource Groups, will help you excel from the first day.    

Are you ready to own your success and make your mark?  

Join Renesas. Let’s Shape the Future together.  

Renesas Electronics 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. For more information, please read our Diversity & Inclusion Statement.

Average salary estimate

$155000 / YEARLY (est.)
min
max
$124000K
$186000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Manager of Accounting, Renesas Electronics

Join Renesas as a Manager of Accounting in vibrant San Jose, California, where you'll play a crucial role in leading our dedicated financial reporting and GL accounting team. This position allows you to take charge of day-to-day operations, guiding your team with training and performance management to ensure excellence in financial reporting. Your expertise will be vital as you oversee the monthly closing process, guaranteeing that our financial statements comply with US GAAP or IFRS guidelines. You'll dive deep into preparing and reviewing essential reports like balance sheets and income statements and managing our general ledger to keep every financial transaction accurately recorded. Collaboration is key in this role as you partner with various departments to gather financial information and analyze trends for improvement. Your strong understanding of financial regulations and internal controls will help safeguard our assets and maintain data integrity. Plus, you'll be part of preparing for external audits and addressing technical accounting matters. If you have a Bachelor's degree in Accounting or Finance, at least two years of relevant experience, and a passion for leading teams, we want to hear from you! With the opportunity to work with cutting-edge semiconductor solutions and a company culture that values innovation and professional growth, Renesas is the perfect place to advance your career! Let's shape the future together.

Frequently Asked Questions (FAQs) for Manager of Accounting Role at Renesas Electronics
What are the main responsibilities of the Manager of Accounting at Renesas?

As the Manager of Accounting at Renesas, you will lead the financial reporting and GL accounting team. Your main responsibilities include overseeing the closing process, preparing financial statements, managing the general ledger, developing internal controls, and collaborating with other departments to gather financial information.

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What qualifications are required for the Manager of Accounting position at Renesas?

To qualify for the Manager of Accounting role at Renesas, candidates should have a Bachelor's degree in Accounting or Finance, ideally a CPA certification. A minimum of 2 to 5 years of experience in financial reporting or GL accounting management is required, along with a strong understanding of GAAP principles.

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How does Renesas support the career growth of the Manager of Accounting?

Renesas is committed to employee development, especially for the Manager of Accounting position. Employees have the opportunity to advance in both technical and business roles, explore hardware and software capabilities, and make real impacts in product development. The company encourages a culture of learning and growth.

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What type of work environment can the Manager of Accounting expect at Renesas?

The work environment for the Manager of Accounting at Renesas is flexible and inclusive, promoting a people-first culture. Employees can enjoy remote work options, as well as support through Employee Resource Groups, fostering a balance between professional performance and personal wellbeing.

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What benefits does Renesas offer to the Manager of Accounting role?

Renesas offers a comprehensive benefits package for the Manager of Accounting position, including medical options, health savings accounts, dental and vision insurance, life insurance, and various flexible spending accounts, along with paid sick time, holidays, and accrued vacation.

Join Rise to see the full answer
Common Interview Questions for Manager of Accounting
What experience do you have in financial reporting?

When answering this question, highlight your specific roles and responsibilities in previous positions focused on financial reporting. Discuss particular financial statements you have prepared and how you ensured compliance with GAAP or IFRS standards.

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How do you manage a team effectively in accounting?

To respond effectively, discuss your leadership style and how you promote communication and collaboration within your team. Share examples of training or performance management initiatives you've implemented to boost team productivity.

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Can you explain how you ensure data integrity in financial records?

Point out your experience with developing and implementing internal controls. Describe specific processes you’ve used to verify the accuracy of recorded transactions and safeguards deployed to prevent errors.

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What accounting software are you proficient in?

In your answer, mention your familiarity with specific accounting software or ERP systems, particularly emphasizing tools like SAP. Share examples of how you've used these systems to enhance the efficiency of financial operations.

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How do you stay current with accounting regulations?

Discuss your commitment to professional development by explaining how you keep up with accounting standards. Mention relevant certifications, courses, or professional memberships that aid your knowledge in this evolving field.

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Describe a challenging financial reporting issue you've encountered.

For this question, emphasize a specific challenge you faced, detailing the steps you took to resolve it. This showcases your analytical and problem-solving skills, which are critical for a Manager of Accounting.

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What is your approach to auditing financial statements?

Explain your experience with preparing for external audits, such as your role in organizing documentation and maintaining communication with auditors. Highlight your understanding of the auditing process and your attention to detail.

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How do you analyze financial data for trends?

Share your methodologies for gathering and analyzing financial data, using tools or software for data analysis. Provide examples of trends you have identified in your past roles and actions taken based on those insights.

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What steps do you take to prepare for the closing process?

Outline your systematic approach to preparing for month-end or year-end close procedures, including task delegation, timeline management, and ensuring accuracy in all closing entries.

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How do you handle interdepartmental communication in your financial role?

Discuss the importance of effective communication with other departments, sharing strategies you use to foster collaboration and ensure financial information is accurately gathered and reported. Highlight any tools that facilitate communication.

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Renesas Electronics Corporation delivers trusted embedded design innovation with complete semiconductor solutions. Renesas provides quality and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Auto...

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Full-time, hybrid
DATE POSTED
December 20, 2024

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