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Lead, Corporate Consolidations, Systems and Reporting

Company Description

Sandisk understands how people and businesses consume data and we relentlessly innovate to deliver solutions that enable today’s needs and tomorrow’s next big ideas. With a rich history of groundbreaking innovations in Flash and advanced memory technologies, our solutions have become the beating heart of the digital world we’re living in and that we have the power to shape.

Sandisk meets people and businesses at the intersection of their aspirations and the moment, enabling them to keep moving and pushing possibility forward. We do this through the balance of our powerhouse manufacturing capabilities and our industry-leading portfolio of products that are recognized globally for innovation, performance and quality.

Sandisk has two facilities recognized by the World Economic Forum as part of the Global Lighthouse Network for advanced 4IR innovations. These facilities were also recognized as Sustainability Lighthouses for breakthroughs in efficient operations. With our global reach, we ensure the global supply chain has access to the Flash memory it needs to keep our world moving forward.

Job Description

We are seeking a highly motivated and experienced accounting professional looking to take their career to the next level. The ideal candidate will be able to effectively execute in a fast-paced, rapidly evolving business environment and possess the flexibility to thrive at an innovative company.  This role will be an integral part of the corporate accounting team helping to drive the close and consolidation process with a continued focus on improvement to achieve best-in-class results.

Essential Duties and Responsibilities:

  • Engage in and oversee consolidation activities as part of the monthly close, including foreign currency remeasurement and translation and cost allocations.
  • Assist in the oversight of master data maintenance activities, including chart of accounts and department structures.
  • Seek opportunities to streamline and shorten the close and reporting cycle, including identifying and recommending process and system enhancements to improve efficiency and effectiveness of close and consolidation activities while maintaining effective internal controls.
  • Prepare journal entries and account analyses for internal legal entity restructuring efforts and external general ledger accounting.
  • Support cross-functional teams including revenue, tax, and cost accounting with journal entry posting and account analyses.
  • Prepare and perform general account reconciliations and analysis for assigned accounts, including internal equity.
  • Assist in the monthly Balance Sheet fluctuation analysis.
  • Prepare monthly reporting schedules to executives, providing commentary and noting fluctuation changes from prior periods.
  • Support the Sarbanes-Oxley documentation for key Balance Sheet and Income Statement accounts and relevant control activities.
  • Assist in the preparation of quarterly SEC financial reporting, including cash flow statements, footnotes, and disclosures.
  • Proactively identify issues and assist in optimizing systems, upgrades, and automation of accounting processes
  • Assist with quarterly reviews and annual audits conducted by external auditors.
  • Preparation of ad-hoc analyses and special projects as requested.
  • Assist with quarterly, interim, and year-end audits.

 

Qualifications

REQUIRED:

  • Bachelor’s degree in accounting or similar degree
  • 6+ years of relevant experience including familiarity with areas of general accounting, intercompany transactions, account reconciliations, multi-currency consolidations, and financial reporting.

PREFERRED:

  • Public accounting / audit experience with an active CPA license preferred.
  • Experience with SAP and Oracle systems preferred.

SKILLS:

  • Attention to detail and accuracy is a must.
  • Advanced Excel skills
  • Self-motivated with effective communication skills and the ability to handle multiple priorities. Desire to work collaboratively within and across teams (including internationally), and with internal/external auditors.
  • Willingness to tackle and troubleshoot problems in a fast-paced environment.

Additional Information

Sandisk is committed to providing equal opportunities to all applicants and employees and will not discriminate against any applicant or employee based on their race, color, ancestry, religion (including religious dress and grooming standards), sex (including pregnancy, childbirth or related medical conditions, breastfeeding or related medical conditions), gender (including a person’s gender identity, gender expression, and gender-related appearance and behavior, whether or not stereotypically associated with the person’s assigned sex at birth), age, national origin, sexual orientation, medical condition, marital status (including domestic partnership status), physical disability, mental disability, medical condition, genetic information, protected medical and family care leave, Civil Air Patrol status, military and veteran status, or other legally protected characteristics. We also prohibit harassment of any individual on any of the characteristics listed above. Our non-discrimination policy applies to all aspects of employment. We comply with the laws and regulations set forth in the "Know Your Rights: Workplace Discrimination is Illegal” poster. Our pay transparency policy is available here.

Sandisk thrives on the power and potential of diversity. As a global company, we believe the most effective way to embrace the diversity of our customers and communities is to mirror it from within. We believe the fusion of various perspectives results in the best outcomes for our employees, our company, our customers, and the world around us. We are committed to an inclusive environment where every individual can thrive through a sense of belonging, respect and contribution.

Sandisk is committed to offering opportunities to applicants with disabilities and ensuring all candidates can successfully navigate our careers website and our hiring process. Please contact us at [email protected] to advise us of your accommodation request. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.

Based on our experience, we anticipate that the application deadline will be 05/24/2025 (3 months from posting), although we reserve the right to close the application process sooner if we hire an applicant for this position before the application deadline. If we are not able to hire someone from this role before the application deadline, we will update this posting with a new anticipated application deadline.

#LI-RG1

Compensation & Benefits Details

  • An employee’s pay position within the salary range may be based on several factors including but not limited to (1) relevant education; qualifications; certifications; and experience; (2) skills, ability, knowledge of the job; (3) performance, contribution and results; (4) geographic location; (5) shift; (6) internal and external equity; and (7) business and organizational needs.
  • The salary range is what we believe to be the range of possible compensation for this role at the time of this posting.  We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in California, Colorado, New York or remote jobs that can be performed in California, Colorado and New York.  This range may be modified in the future.
  • You will be eligible to participate in Sandisk's Short-Term Incentive (STI) Plan, which provides incentive awards based on Company and individual performance.  Depending on your role and your performance, you may be eligible to participate in our annual Long-Term Incentive (LTI) program, which consists of restricted stock units (RSUs) or cash equivalents, pursuant to the terms of the LTI plan. Please note that not all roles are eligible to participate in the LTI program, and not all roles are eligible for equity under the LTI plan. RSU awards are also available to eligible new hires, subject to Sandisk's Standard Terms and Conditions for Restricted Stock Unit Awards.
  • We offer a comprehensive package of benefits including paid vacation time; paid sick leave; medical/dental/vision insurance; life, accident and disability insurance; tax-advantaged flexible spending and health savings accounts; employee assistance program; other voluntary benefit programs such as supplemental life and AD&D, legal plan, pet insurance, critical illness, accident and hospital indemnity; tuition reimbursement; transit; the Applause Program, employee stock purchase plan, and the Sandisk's Savings 401(k) Plan.
  • Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Average salary estimate

$115000 / YEARLY (est.)
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$100000K
$130000K

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What You Should Know About Lead, Corporate Consolidations, Systems and Reporting, SanDisk

At Sandisk, we're on the lookout for an enthusiastic Lead, Corporate Consolidations, Systems and Reporting to join our vibrant team in Milpitas, CA. If you're an experienced accounting professional eager to make a significant impact in a fast-paced and innovative environment, we want to meet you! In this pivotal role, you'll help steer the consolidation and close processes, ensuring that we maintain the highest standards of accuracy and efficiency. Your expertise in navigating foreign currency remeasurement and cost allocations will be invaluable as you oversee these activities on a monthly basis. You’ll work closely with our corporate accounting team to streamline processes, enhance systems, and optimize our reporting cycle. We're not just about numbers; we also emphasize collaboration. You'll engage with various cross-functional teams, including revenue and tax accounting, assisting them with journal entries, reconciliations, and financial reporting. Your strong analytical skills will shine as you prepare Balance Sheet fluctuation analyses and provide insightful monthly reports to executives. Plus, your proactive mindset will help identify opportunities for improvement and automation in our accounting practices. If you hold a bachelor’s degree in accounting with over six years of relevant experience, especially in public accounting or with CPA credentials, you’ll be an excellent fit for this role. So, are you ready to tackle the exciting challenges that come with being a Lead in our Corporate Consolidations team at Sandisk? Let’s advance the future of data storage together!

Frequently Asked Questions (FAQs) for Lead, Corporate Consolidations, Systems and Reporting Role at SanDisk
What responsibilities will a Lead, Corporate Consolidations, Systems and Reporting at Sandisk have?

As a Lead, Corporate Consolidations, Systems and Reporting at Sandisk, you'll oversee the monthly close and consolidation activities, including tasks like foreign currency remeasurement and cost allocations. You will also engage in master data maintenance, streamline the close processes, and collaborate with cross-functional teams to improve internal controls while ensuring that financial reporting is accurate and timely.

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What qualifications are required for the Lead, Corporate Consolidations, Systems and Reporting position at Sandisk?

To qualify for the Lead, Corporate Consolidations, Systems and Reporting role at Sandisk, candidates should possess a bachelor's degree in accounting or a similar field, along with at least six years of relevant experience. Familiarity with general accounting, account reconciliations, and multi-currency consolidations is essential. Experience with public accounting and an active CPA license are preferred, alongside proficiency in SAP or Oracle systems.

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What skills are essential for a Lead, Corporate Consolidations, Systems and Reporting at Sandisk?

Essential skills for a Lead, Corporate Consolidations, Systems and Reporting at Sandisk include advanced Excel proficiency, attention to detail, and effective communication skills. The ideal candidate should be self-motivated, capable of managing multiple priorities, and willing to collaborate across teams, handling problems in a fast-paced environment while maintaining accuracy in financial reporting.

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What kind of work environment can a Lead, Corporate Consolidations, Systems and Reporting expect at Sandisk?

Working as a Lead, Corporate Consolidations, Systems and Reporting at Sandisk means thriving in a dynamic and innovative environment where professionalism meets collaboration. The company encourages professional development and embraces a culture that values diversity and inclusion, providing employees with ample opportunities for growth and contribution.

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How does Sandisk support employees in the Lead, Corporate Consolidations, Systems and Reporting role?

Sandisk is dedicated to supporting its employees’ career growth and work-life balance. For the Lead, Corporate Consolidations, Systems and Reporting position, the company offers comprehensive benefits, including professional development opportunities, competitive compensation packages, and an inclusive work culture that emphasizes respect and belonging.

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Common Interview Questions for Lead, Corporate Consolidations, Systems and Reporting
Can you describe your experience with multi-currency consolidations?

When answering this question, it's important to articulate the specific processes you have managed or participated in during multi-currency consolidations. Detail your role in remeasurement and translation activities while emphasizing any software systems used, such as SAP or Oracle, to illustrate how your skills align with the Lead, Corporate Consolidations position.

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How do you ensure accuracy in financial reporting?

For this question, discuss the methods you use to review and verify the financial data before reporting. You might mention the importance of reconciling accounts, maintaining effective internal controls, and implementing checks throughout the close process. Highlighting your attention to detail and experience with oversight activities will strengthen your response.

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What strategies would you implement to streamline reporting cycles?

Here, you should focus on your proactive approach to identifying bottlenecks and inefficiencies in the reporting process. Discuss any previous experiences where you successfully implemented system enhancements or automation tools, and how such strategies could improve effectiveness in your role at Sandisk.

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Describe a challenging accounting problem you faced and how you resolved it.

In your response, choose a real example that showcases your problem-solving skills and analytical thinking. Detail the situation, your thought process, and the logical steps you took to overcome the challenge. This should convey your resilience and capability to handle complex issues in a fast-paced environment.

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What experience do you have working with cross-functional teams?

This question allows you to showcase your collaborative nature. Provide examples of projects where you interacted with different departments, such as revenue, tax, or finance teams. Emphasize your communication skills and how you ensured alignment across teams, focusing on the positive outcomes from this collaboration.

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How do you handle tight deadlines during the month-end close?

Discuss your time management strategies for managing projects under tight deadlines. You may want to mention how you prioritize tasks, your ability to adapt quickly, and any tools or methodologies you use to stay organized. Demonstrating your capability to thrive under pressure is vital for this role.

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What is your approach to Sarbanes-Oxley documentation?

When answering this question, describe your understanding of SOX compliance and its importance in the accounting process. Share your experience with preparing documentation for key controls and how your attention to detail contributes to maintaining compliance and reducing audit risks.

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Can you provide an example of a financial report you’ve prepared?

Select a specific report you prepared—such as a Balance Sheet analysis or an SEC quarterly report—and explain the purpose and key components. Highlight how you analyzed the data, the insights you provided to stakeholders, and the impact this had on decision-making within the organization.

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What accounting systems are you most familiar with?

Mention specific systems you have experience with, such as SAP or Oracle. Discuss how you’ve utilized these programs in your accounting processes, including any specific modules or functionalities that you found particularly beneficial for corporate consolidations and reporting purposes.

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How would you prepare for an external audit?

Your response should include thorough preparation steps such as reviewing documentation, ensuring all transactions are reconciled, and confirming compliance with policies and regulations. Highlight your collaborative efforts with auditors and how you maintain open communication to facilitate a smooth audit process.

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As a global leader in data storage solutions, we’re committed to making people's digital lives better by delivering innovative, reliable, high-performance products that consumers and businesses can count on.

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DATE POSTED
March 8, 2025

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