Senior Analyst, Technical Accounting and SEC Reporting at KLA

Ann Arbor, Michigan, United States

KLA Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Semiconductor, Electronics, TechnologyIndustries

Requirements

  • BA/BS in Accounting, Finance, or related field
  • Minimum of 8 years of relevant work experience
  • Experience and understanding of lease accounting under ASC 842
  • Detailed understanding of US GAAP and SEC reporting requirements
  • Comfortable navigating through complex accounting matters and arriving at recommendations and conclusions
  • Strong analytical, communication and technical writing skills
  • Experience with Big 4 or regional (accounting firm implied)

Responsibilities

  • Contribute to the preparation of quarterly Form 10-Qs and the annual Form 10-K
  • Prepare the statement of cash flows, including support schedules
  • Prepare quarterly lease accounting entries and related financial statement disclosures, collaborating with global controllers, the global workplace services team, a third-party lease administrator, and other finance personnel to collect data related to new, terminated and modified leases, ensuring accounting accuracy
  • Review agreements with suppliers for potential embedded leases
  • Track global asset retirement obligations, preparing quarterly accounting entries in accordance with ASC 410 requirements
  • Serve as a technical accounting resource for the organization, preparing presentations for senior management to address complex accounting transactions (e.g., stock compensation)
  • Work closely with internal and external auditors to provide documentation required for their procedures
  • Stay current on emerging US GAAP and SEC accounting standards, evaluating their impact on the company

Skills

Key technologies and capabilities for this role

Technical AccountingSEC ReportingFinancial PlanningCorporate AccountingGAAPFinancial Reporting

Questions & Answers

Common questions about this position

What are the main responsibilities of the Senior Analyst, Technical Accounting and SEC Reporting role?

The role involves contributing to the preparation of quarterly Form 10-Qs and annual Form 10-K, preparing the statement of cash flows including support schedules, preparing quarterly lease accounting entries and disclosures, and collaborating with various teams on lease data.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this position?

This information is not specified in the job description.

What is the company culture like at KLA?

KLA offers an exciting work environment where teams thrive on tackling hard problems, with a strong focus on innovation, investing 15% of sales into R&D, and collaboration among expert teams of physicists, engineers, data scientists, and problem-solvers.

What makes a strong candidate for this Senior Analyst role?

Strong candidates will have expertise in technical accounting, SEC reporting including Form 10-Q and 10-K preparation, lease accounting, statement of cash flows, and experience collaborating across global finance teams on complex transactions and new accounting standards.

KLA

Provides process control and yield management solutions

About KLA

KLA provides process control and yield management solutions primarily for semiconductor manufacturers. The company offers advanced inspection tools, metrology systems, and computational analytics that help manufacturers identify and fix defects during production. This process enhances the quality and reliability of electronic devices, leading to higher production yields. KLA distinguishes itself from competitors by focusing on high-precision equipment and software that are essential for defect detection in semiconductor manufacturing. The company's goal is to promote sustainability by committing to using 100% renewable electricity in its operations by 2030.

Milpitas, CaliforniaHeadquarters
1975Year Founded
IPOCompany Stage
Industrial & Manufacturing, EnergyIndustries
5,001-10,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
Employee Stock Purchase Plan
Student Loan Assistance
Tuition Reimbursement
Wellness Program
Mental Health Support
Paid Vacation
Paid Holidays
Parental Leave

Risks

Emerging competition in solid-state battery technology may impact market share.
Rapid innovation in semiconductor processes may outpace KLA's current technology.
Potential delays in achieving renewable electricity goals could affect brand reputation.

Differentiation

KLA specializes in advanced inspection tools and metrology systems for semiconductors.
The company integrates computational analytics to enhance defect detection and yield management.
KLA is committed to sustainability, aiming for 100% renewable electricity by 2030.

Upsides

Rising demand for advanced inspection tools due to AI and IoT growth.
AI-driven predictive maintenance reduces downtime in semiconductor manufacturing.
Collaborations with cloud providers enhance data analytics and process optimization.

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