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Senior Revenue Manager

Company: KLA-Belgium
Location: Milpitas
Posted on: May 25, 2023

Job Description:

Pay Range: $136,300.00 - $231,700.00 AnnuallyPrimary Location: USA-CA-Milpitas-KLAKLA's total rewards package for employees may also include participation in performance incentive programs and eligibility for additional benefits identified below. Interns are eligible for some of the benefits identified below. Our pay ranges are determined by role, level, and location. The range displayed above reflects the minimum and maximum pay for this position in the primary location identified in this posting. Actual pay depends on several factors, including location, job-related skills, experience, and relevant education level or training. If applicable, your recruiter can share more about the specific pay range for your preferred location during the hiring process. Company Overview KLA is a global leader in diversified electronics for the semiconductor manufacturing ecosystem. Virtually every electronic device in the world is produced using our technologies. No laptop, smartphone, wearable device, voice-controlled gadget, flexible screen, VR device or smart car would have made it into your hands without us. KLA invents systems and solutions for the manufacturing of wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. The innovative ideas and devices that are advancing humanity all begin with inspiration, research and development. KLA focuses more than average on innovation and we invest 15% of sales back into R&D. Our expert teams of physicists, engineers, data scientists and problem-solvers work together with the world's leading technology providers to accelerate the delivery of tomorrow's electronic devices. Life here is exciting and our teams thrive on tackling really hard problems. There is never a dull moment with us. Group/Division KLA is well known for its high-performing business model which routinely produces significant profit margins and revenue. Key to supporting KLA business is the finance team that partners with corporate and global business organizations to provide expertise and guidance for developing and executing sound business models and practices. The Finance organization consists of operations and corporate finance teams. The operations finance team influences business decisions by gathering the best available operations information, distilling it and making recommendations to our management team on the best course of action. The corporate team provides a broad range of services, such as financial planning, corporate accounting, tax, industry analysis and benchmarking, internal audits, SEC reporting and merger and acquisition support.Job Description/Preferred Qualifications KLA is top ranking company among all leading technology companies in SV. Our Corporate Revenue team is high performance and super supportive. T his role will offer great development and learning opportunities to own the end-to-end full revenue cycle. This Role is responsible for all month-end and quarter-end close related activities pertaining to the revenue recognition process for tools and software revenue, including contract review, revenue approval, reporting requirements and audit support.

  • Review customer contracts and purchase orders for revenue recognition to ensure compliance with company policies and appropriate revenue recognition standards under ASC 606.
  • Prepare Fair Value analysis for multiple element arrangements and volume purchase agreements.
  • Prepare quarterly management revenue and analysis reports, account reconciliations, and other reports in support of filings and disclosure requirements.
  • Present company-wide revenue results at quarter end meetings to external auditors.
  • Research and write memos on technical revenue recognition accounting topics as required for complex revenue transactions.
  • Be the subject matter authority and provide ongoing guidance and training to cross-functional teams, including divisional finance, business development, sales operations on revenue recognition rules and current best standards.
  • Assist with both external audit and internal SOX compliance by maintaining required documentation and assisting in any required testing cycle.
  • Seek out process improvement initiatives that increases the efficiency and accuracy of revenue forecasting (APEX) and the monthly close process
  • Work within core team to continue streamlining efforts to business processes, internal controls and system improvements to evolve them to a scalable, detailed set of procedures.
  • Lead and assist with other special projects, as needed.
  • Some travel may be required for regional training.Minimum Qualifications
    • Bachelor's degree in accounting or finance. CPA/MBA is a plus.
    • Proven experience with large to medium public company and/or Big 4; High tech industry preferred.
    • Strong working knowledge of hardware and software revenue recognition guidance - ASC 606 and its application to the industry.
    • Demonstrated ability to work effectively in a matrix organization across all levels with the ability to organize and prioritize responsibilities effectively in order to meet commitments.
    • Excellent communication, collaborative and influencing skills.
    • Self-motivated and enjoys working in a team environment. The company offers a total rewards package that is competitive and comprehensive including but not limited to the following: medical, dental, vision, life, and other voluntary benefits, 401(K) including company matching, employee stock purchase program (ESPP), student debt assistance, tuition reimbursement program, development and career growth opportunities and programs, financial planning benefits, wellness benefits including an employee assistance program (EAP), paid time off and paid company holidays, and family care and bonding leave. KLA is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, national origin, sex, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status or any other status protected by applicable law. We will ensure that qualified individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us at to request accommodation.

Keywords: KLA-Belgium, Milpitas , Senior Revenue Manager, Accounting, Auditing , Milpitas, California

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