Job Details:
Job Description:
The Role and Impact
As an Accountant at Intel, you will play a pivotal role in maintaining and improving Intel's financial preparation, ensuring compliance with global financial standards and driving actionable insights that support Intel's decision-making processes. By preparing, analyzing, and validating financial records, you will directly contribute to Intel's operational excellence and success. Your impact will extend beyond accounting, fostering collaboration with internal and external stakeholders, including auditors to ensure seamless financial operations and compliance. This is a unique opportunity to grow your expertise and contribute to a global leader in technology.
This position partners closely with HR Compensation and Benefits, Payroll, Corporate Planning, Treasury, Accounting Policy, shared service teams, and other finance stakeholders to ensure accounting is accurate, timely, compliant, and supported by strong internal controls. This role is a key member of Corporate Accounting responsible for supporting the end-to-end accounting, reporting, forecasting, and controllership of sabbatical and health and welfare-related programs and obligations. This role supports recurring close activities, accruals, forecasting cycles, policy and process documentation, and special projects tied to employee benefit-related accounting.
Key Responsibilities :
- Prepare and maintain Intel's financial records, ensuring accuracy and compliance with internal policies and external regulations.
- Manage interactions with external auditors and government authorities, providing essential data analysis and insights to shape business decisions.
- Validate month-end accounts and ensure the integrity of reported results, resolving issues and preparing timely business insights.
- Drive compliance with IFRS, US GAAP, and Intel policies.
- Support the accounting and reporting for global sabbatical programs, including accrual preparation, true-up / true-down analyses, journal entries, reconciliations, and supporting schedules.
- Assist with monthly, quarterly, and annual close activities related to sabbatical accounting and associated balance sheet and expense accounts.
- Prepare materials and analyses to support Controller presentations, close reviews, and follow-up questions.
- Support forecasting activities related to sabbatical programs.
- Assist in evaluating and documenting key sabbatical assumptions, including forfeiture rates, utilization trends, and related process documentation.
- Support the implementation of new sabbatical accounting policies, updated methodologies, and revised models as business programs evolve.
- Assist with country- or program-specific workstreams, including support for forecast and actuals transition activities.
- Support recurring Health and Welfare close activities, including account analysis, reconciliations, accruals, and reporting support.
- Prepare and maintain accounting schedules and close support for Health and Welfare-related balances and transactions.
- Help ensure Health and Welfare accounting activities are completed accurately and timely in accordance with company policy and accounting guidance.
- Coordinate with cross-functional stakeholders to resolve data, process, and reporting issues impacting Health and Welfare accounting.
- Support close activities related to Long-Term Disability (LTD), Workers' Compensation (WC), and Captive accounting processes.
- Prepare journal entries, reconciliations, roll forwards, and supporting schedules for related liabilities, expenses, and intercompany or program-related balances, as applicable.
Qualifications:
Minimum Qualifications :
- Bachelor's degree in Accountancy or Masters Degree.
- Proficiency in accounting principles and standards, including IFRS and US GAAP.
- Demonstrated expertise in financial systems such as SAP S4, SQL querying, and Power BI.
- Knowledge of SOX compliance and cost accounting policies.
- At least 3 years of relevant experience in a global organization, with a focus on accounting or audit.
- Certification in accounting (ACCA, CPA, ICAEW, MICPA, or equivalent) is highly desirable.
Preferred Qualifications :
- Strong project management, communication, and interpersonal skills.
- Proven ability to work independently and in cross-functional, multicultural teams.
- Results-driven mindset with critical thinking skills to challenge the status quo and deliver high-quality outcomes.
- Experience managing complex regulatory and financial compliance matters.
- Familiarity with semiconductor or manufacturing industry processes.
- Advanced skills in Microsoft Excel and data visualization tools such as Power BI.
- Experience supporting employee benefits, compensation, sabbatical, leave, or health and welfare accounting.
- Familiarity with forecasting cycles will be added advantage.
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:
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.
