Supervisor, General Accounting 74683
Samsung Austin Semiconductor is one of the most advanced semiconductor manufacturing facilities in the world and an integral part of Central Texas for more than 28 years, driving job generation, economic impact and engagement with the surrounding community.
Samsung Austin Semiconductor serves a global customer base with broad semiconductor process technology offerings that impact everyday life including mobile, graphic, consumer, networking/high performance computing, Internet of Things, RF and automotive. Through successful collaborations with foundry customers and a continuous drive to develop the most cutting-edge technologies, Samsung Austin Semiconductor has become a major player in the foundry market. Samsung Austin Semiconductor’s technology portfolio for the Austin campus ranges from 65nm to 28nm using planar transistor technology to the more advanced 14nm 3D FinFet technology.
Samsung has invested $18 billion in operating two fabs at the Austin, Texas campus on Parmer Lane, since 1996 -- making it one of the largest direct foreign investments in United States history. The Austin site consists of 2.76 million square feet and more than 600+ acres in land holdings. Samsung Austin Semiconductor’s economic impact in 2023 generated $15 billion into Austin’s economy through salaries and other expenditures.
In 2021, Samsung announced a new facility in Taylor, Texas, where it plans to invest a minimum $17 billion in the build-out. The site spans 1,200+ acres and the first phase of development will have 4.7 million square feet of floor space consisting of a cluster of semiconductor manufacturing buildings such as a fab, office, parking garage, central utility building, and special utility supply facilities. The Taylor facility will boost the production of semiconductor solutions that will power next-generation technologies in areas like 5G, artificial intelligence (AI) and high performance computing.
With more than 5,000 employees supporting both campuses, Samsung Austin Semiconductor is a premier and growing employer who provides a great place to work, is committed to environmental stewardship and being a good corporate citizenship. Our employees are the key to our success and we invest in our people with competitive compensation & benefit packages, career development opportunities and programs that enhance physical, emotional and intellectual well-being. Our employees work at the Austin campus located on Parmer Lane in northeast Austin and the construction campus in Taylor, Texas. Learn more at www.samsung.com/us/sas.
Roles and Responsibilities:
Job Summary/Overview:
The supervisor, General Accounting is primarily accountable for leading Fixed Asset team under General Accounting Department. In charge of all accounting treatment on fixed asset transactions and supervising senior and junior staff accountants. The supervisor ensures accuracy and completeness of the company's asset book all the time and interacts with multiple counter parties within the company as well as Samsung Headquarter in S. Korea. The supervisor also ensures appropriate accounting treatment on the company's leases in compliance with IFRS 16(ASC 842 Lease Accounting) and leads physical inventory count process on Fixed Asset as well as Inventories. The supervisor is responsible for the month-end closing activities, preparation of financial statement with note disclosure, and variance internal and external audit responses in related fields.
Specific Job Duties:
• Works on problems where analysis of situations or data requires a review of a variety of factors or on advanced assignments that require considerable judgement and initiative.
• Provide guidance to senior and junior staff accountants under direct and indirect supervision.
• Ensures appropriate work assignments of staff accountants and monitor and evaluate their performance
• Must have a deep understanding of accounting principle (IFRS and US GAAP) in Fixed Asset and Leases
• In charge of physical inventory on Fixed Assets as well as Inventory twice a year
• Review and approve fixed asset and lease transactions
• Prepare journal entries (including but not limited to: depreciations, accruals, capitalizations of fixed assets and leases, etc.)
• Prepare and review monthly reconciliations of fixed assets and leased asset (right of use)
• Monitor and execute asset transfers from construction in progress to asset accounts
• Understand and analyze the movement of inventory in relation with physical inventory
• Forecast depreciation
• Actively follow up with System Admin for any issues arisen in the company’s asset management system in a timely manner
• Response internal/external audits in related fields
• Internal and external reporting; monthly, quarterly, and ad-hoc.
• Financial statement foot note preparations as assigned under IFRS guidelines.
• Coordinates closely with Financial Management and Operations to ensure accrual accuracy.
• Various projects as assigned.
• Follows company policies and local, state, and federal laws and best practices within functional area.
• Develops constructive and cooperative working relationships with others and maintains them over time.
• Conducts research, analyzes results and presents potential solutions/ recommendations.
• Handles information requests from within and outside function.
• Works closely with management and other departments in the evaluation, modification, and implementation of corporate policies.
• Identifies areas of opportunities in business process improvement and provides input as to which improvement projects need to be pursued.
• Coordinates with teams to implement significant changes as needed.
• Regular attendance and timeliness are required per departmental guidelines.
Shift:
1st Shift
Skills and Qualifications:
Education, Training, Certification(s) and Minimum years of experience required
Bachelor's degree in accounting or equivalent. CPA preferred but not required
Knowledge, Skills, Abilities, Software, and Tools
• Preferred Big 4 or large corporation experience
• Must have knowledge of US GAAP and IFRS; accounting expertise related to fixed assets, leases, cash flow, inventory, and manufacturing a plus.
• Must have direct supervising experience minimum +2 years
• Ability to understand technical, administrative, and financial systems/interactions (e.g. Purchasing, Logistics, Manufacturing, Security, HR, Accounting, etc.).
• Ability to research accounting principle/practical guidance for complexity of accounting
• Excellent communications skills.
• Maintains confidentiality of sensitive and proprietary information.
• Effectively communicates via verbal/written means to immediate team and other departments even in complex situations.
• Excellent organizational skills and commitment to deadlines.
• Ability to work in a fast-paced environment.
• Initiative to take control and resolve issues quickly.
• Intermediate to advances Microsoft Office software skills (Word, Excel, and PowerPoint).
• Hands on experience with an ERP (SAP, Oracle, etc.) a plus.
Benefits
Samsung employees have access to benefits including: medical, dental, vision, life insurance, 401(k), onsite cafeteria, tuition assistance (after 1 year), paid time off, student loan program, wellness incentives, and many more. In addition, regular full-time employees (salaried or hourly) are eligible for MBO bonus compensation, based on company, division, and individual performance.
U.S. Export Control
This position may require the ability to access information subject to U.S. export control restrictions. If the position requires it, applicants must have the ability to access export-controlled information or be eligible to receive a government authorization to access export-controlled information.
Trade Secrets
By submitting an application, you [applicant] agree[s] not to disclose to Samsung, or induce Samsung to use, any confidential or proprietary information (including trade secrets) belonging to any current or previous employer or other person or entity.
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* Samsung Electronics America, Inc. and its subsidiaries are committed to employing a diverse workforce, and provide Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.
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