Applied Materials is the global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to work beyond the cutting-edge, continuously pushing the boundaries of science and engineering to make possible the next generations of technology, join us to Make Possible® a Better Future. Responsibilities: Partner with business organizations (Business Management Operation, Business Unit Controller, Order Management etc.) to update revenue forecast and provide guidance on revenue actuals. Analyze and understand various product/service offerings and related revenue streams to ensure proper revenue recognition. Maintaining revenue cutoff procedures at quarter end to ensure revenue is properly and accurately recorded for the period. Partner with the Deal Desk and regional sales groups to understand and correctly account for large customer deals. Be a key contributor to the month-end/quarter end revenue close by validating accounting for revenue under ASC 606, reviewing documents, revenue account reconciliations, and performing internal controls. Comprehend the order to cash cycle of products with the ability to give constructive recommendations that maximized the Company’s revenue outlook. Support ad hoc projects, including systems implementation, and process improvements related to revenue processes. Prepare materials for internal and external audit requirements and respond to audit inquiries. Requirements: BS or BA in Business. 3-5 years of experience in Accounting / Finance. An ability to understand complex transactions and propose solutions to structuring issues that are compliant with Applied’s policies and US GAAP. Strong written and verbal communication skills to facilitate the effective writing of internal and external documents and to facilitate decisions and achieve results. Strong proficiency in using Excel or other related tools, experience with SAP preferred. Proven competencies in communication, financial analysis and working across functions with different levels of management to drive results. Revenue recognition experience preferred – SAB 104, Multiple Element Arrangements, Software Revenue Recognition, Contract Accounting and related accounting pronouncements. Knowledge of ASC 606 preferred. Confidence, good judgment, with energy and personality to work in a dynamic environment across all levels of management and geographies.
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