VP Corporate Controller
Onto - wilmington, MA
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Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: 3D metrology spanning the chip from nanometer-scale transistors to micron-level die-interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers' critical path of progress by making them smarter, faster and more efficient. Job Summary & Responsibilities Onto Innovation is currently seeking an experienced Vice President, Corporate Controller for a leading semiconductor capital equipment manufacturing company. This position oversees the global accounting function, including SEC and financial reporting, technical accounting and policy, consolidation and financial systems, and shared services functions. The successful candidate will play a key role in the CFO's leadership team ensuring compliance in financial and regulatory reporting and contribute to the organization's strategic vision through process improvements and collaboration across various departments. We seek an outstanding candidate with demonstrated leadership experience and a professional track record of exceptional performance in key financial executive positions. Significant experience in public accounting and/or a US-based multinational corporation is required, as is an exceptional depth of technical accounting knowledge and expertise with US GAAP. Executives must possess a CPA designation, and individuals with an MBA degree will likely be given additional consideration. The responsibilities of this position require the Corporate Controller to have exceptional foresight and objectivity, as well as a proven capacity for rendering mature business decisions. Well-developed skills in leading and motivating staff are essential. A minimum of 15 years of financial leadership experience in accounting, along with a track record of success in increasingly responsible financial, managerial and leadership roles is expected. The successful candidate will have broad exposure to all fundamental accounting disciplines including general accounting, internal and external financial reporting, audit, cost accounting, taxation, and information systems. The Corporate Controller will possess an exceptional capacity for managing and leading people to foster an environment of accountability, excellence, collaboration, and innovation globally. The successful candidate will have the ability to quickly and effectively react to the changing needs of a dynamic company in a results-driven environment. Reporting Relationships The successful candidate will report directly to the Chief Financial Officer and lead a direct team of eight employees, with a total of 60 associates worldwide. The successful candidate will also collaborate and work closely with the Vice President of Financial Planning and Analysis, Operations Controller, Director of SOX Compliance and Director of Internal Audit. Responsibilities/Job Summary Oversee the annual accounting and reporting function to ensure a timely and accurate monthly and quarterly financial reporting close process according to US GAAP. Led the global consolidation process, ensuring the integrity and accuracy of financial systems, identifying, and implementing efficiency opportunities, and guiding enhancements, upgrades, and transformations. Oversee the quarterly and annual financial close process and ensure the timely preparation of financial statements/SEC filings and required reporting to regulatory agencies under federal, state, and local government regulations. Manage all aspects of worldwide accounting, including the monitoring internal controls, Sarbanes-Oxley, and US GAAP compliance. Developed and maintained the Company's global accounting policies manual, including technical accounting interpretations, implementation of new policies, and training of international accounting teams. Interface with the Audit Committee and manage the company's relationship with external auditors. Anticipate key issues that may arise and any potential informational needs. Be prepared to discuss ongoing performance, special projects, and to address any other issues/topics that may be brought up. Support the development and implementation of shared service groups and centers of excellence within the accounting and finance organization. Establish and maintain efficient internal controls over financial reporting to mitigate company risks and ensure compliance with relevant governance and compliance requirements. Provide oversight for all tax matters including the development of a tax strategy with an emphasis on tax planning to minimize Vertex's tax burden while maintaining proper compliance with existing tax laws. Ensuring compliance with tax laws and regulations, overseeing the preparation, and filing of tax returns, and managing relationships with tax authorities. Ensure the accounting function grows with the company by finding ways to redesign the function to better address external reporting requirements and leverage recently implemented investments in information systems. Implement high impact processes to deliver effective financial reporting and improved financial results and business practices across the globe, creating a "no surprises" reporting environment. Collaborate with the CFO to shape and execute Onto's capital structure strategy. Manage global cash, including streamlining and leading the cash forecasting, reporting, and planning processes. Develop and maintain relationships with banks. Support executive management team by providing sound financial and strategic advice to assist in the effective management of the business. Recruit, train, and develop high performing global accounting, tax and treasury teams to ensure current and future leadership of the functions. Cross functional oversight/input with supply chain and global manufacturing. Qualifications Bachelors/Masters in Accounting; MBA desirable; CPA required 15+ years of experience in accounting, controllership, and finance roles with increasing responsibilities. Extensive expertise and technical acumen in technical accounting (e.g., US GAAP), external and public company financials, and SEC reporting. Strong working knowledge of financial statements and demonstrated analytical and problem-solving skills. Excellent communication and presentation skills, including communicating financial information to financial and non-financial stakeholders. Proficiency in financial software and systems, with an ability to learn various applications. Approximately 20% travel required. Competencies The Corporate Controller will be an accomplished accounting and/or controllership professional with proven financial skills and solid business acumen. The successful candidate will also have a structured and practical problem-solving orientation, proven success designing, implementing, and managing accounting functions in a large and complex public company environment. Additionally, the candidate will possess: Impeccable ethics. A strong technical background, including significant knowledge of current FASB/SEC and other accounting rules. Exceptional leadership, particularly in a global environment. He/she will provide mentoring to professional individual contributors and/or the team(s) on development for succession planning opportunities. Solid business acumen. An execution-orientation with a strong adherence to deadlines. Exceptional analytical skills and a solution-orientation. An ability to challenge the status-quo. He/she will clearly articulate their perspective, stand firm, yet be open to feedback, and will not be afraid of confrontation. An ability to communicate and liaise with colleagues at all levels within the company. An affinity to the timely and accurate production of accounting and operational reports and other metrics. A track record of being a strategic, forward thinker and a change agent. Demonstrated project management skills and the ability to handle multiple priorities under a tight deadline. Experience with international accounting practices and operations including foreign currency translation. Strong computer literacy with a good knowledge of computer systems/financial applications. The ability to interact internally and externally with executive level management, requiring negotiation of extremely critical matters. A hands-on, meticulous, and detailed nature. Onto Innovation Inc. offers competitive salaries and a generous benefits package, including health/dental/vision/life/disability, PTO, 401K plan with employer match, and an Employee Stock Ownership Program (ESOP) along with health & wellness initiatives. We provide a collaborative working environment along with resources, and state-of-the-art tools & equipment to promote success; and a welcoming, inclusive corporate culture where individuals are recognized for their contributions. Onto Innovation Inc. is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, genetic information, age, disability, veteran status, or any other legally protected basis. For positions requiring access to technical data, Onto Innovation Inc., Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position - except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) - may have to go through an export licensing review process.
Created: 2024-11-03