Job Details:
Job Description:
The Role and Impact
Intel’s Chief Accounting Office (CAO) ensures high-quality accounting, controllership, consolidation, and financial reporting worldwide. The CAO organization partners across the company to deliver accurate GAAP-compliant accounting, maintain strong internal controls, and support required financial and regulatory reporting globally.
This position will be managing complete accounting lifecycle for global bonus and sabbatical programs under ASC 710. Handles accruals, journal entries, reconciliations, variance analysis, and financial close activities. Collaborates with HR Compensation and Benefits, Payroll, Corporate Planning, Accounting Policy, External Reporting, Treasury, and shared service teams. Requires strong accounting fundamentals, analytical skills, and cross-functional collaboration abilities.
Responsibilities:
- Prepare and support accounting lifecycle for global bonus and sabbatical programs, including accrual calculations, journal entries, and account analyses.
- Maintain consistent accounting methodologies and documentation while analyzing program changes and their accounting implications with finance teams.
- Support monthly, quarterly, and annual close activities including reconciliations, flux analysis, management reporting, forecasting, and scenario analysis for bonus and sabbatical programs.
- Execute and maintain strong SOX controls, documentation, and review procedures for bonus and sabbatical accounting processes.
- Maintain desktop procedures, process documentation ensuring consistency, auditability & compliance. Support internal/external audit requests and testing for compensation accounting.
- Collaborate with HR Compensation and Benefits, Payroll, Corporate Planning, Treasury, Accounting Policy, External Reporting, and shared service teams to ensure timely and accurate accounting and reporting.
- Coordinate with business and finance stakeholders to resolve process, data and reporting issues while ensuring program changes are properly reflected in accounting processes.
- Identify opportunities to improve, standardize, and simplify bonus and sabbatical accounting processes while building scalable solutions for evolving compensation programs.
Qualifications:
Minimum Qualifications :
- Bachelor’s degree in Accounting, Finance, or a related field.
- 3+ years of relevant accounting or finance experience, including accrual accounting, compensation accounting, close activities, or financial reporting support.
- Working knowledge of US GAAP, with exposure to ASC 710 or similar employee compensation accounting.
- Experience with reconciliations, journal entries, internal controls, and close support.
- Strong analytical ability, attention to detail, and organizational skills.
Preferred Qualifications :
- CPA or progress toward CPA certification.
- Experience with SAP S/4HANA or ECC and related finance tools.
- Experience supporting SOX compliance, internal audits, or process improvement initiatives.
- Strong written and verbal communication skills and the ability to work effectively across a matrixed organization.
We invite you to join our team and take your career to the next level by contributing to Intel's financial excellence and innovation. Apply today and be part of shaping the future of technology.
Job Type:
Experienced Hire
Shift:
Shift 1 (Malaysia)
Primary Location:
Malaysia, Penang
Additional Locations:
Business group:
Join Intel's Finance Group, a key player in driving strategic business decisions that enhance shareholder value. Our team is dedicated to facilitating change and improvement across finance and the operations we support. As strategic partners, we lead acquisitions and inorganic growth initiatives, managing transactions from ideation to completion while serving as trusted advisors to executive leadership. Additionally, we enhance employee experiences by maintaining Intel sites globally and advancing environmental sustainability efforts.
Posting Statement:
All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.
Position of Trust
N/A
Work Model for this Role
This role will be eligible for our hybrid work model which allows employees to split their time between working on-site at their assigned Intel site and off-site. * Job posting details (such as work model, location or time type) are subject to change.
- ADDITIONAL INFORMATION: Intel is committed to Responsible Business Alliance (RBA) compliance and ethical hiring practices. We do not charge any fees during our hiring process. Candidates should never be required to pay recruitment fees, medical examination fees, or any other charges as a condition of employment. If you are asked to pay any fees during our hiring process, please report this immediately to your recruiter.