Senior Technical Accountant

Senior Technical Accountant

FormFactor, Inc. is a leading provider of essential test and measurement technologies along the full semiconductor product life cycle from characterization, modeling, reliability, and design de-bug, to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The company serves customers through its network of facilities in Asia, Europe, and North America.

Rooted in our core values Focus on the Customer, Ownership & Accountability, Respectfully & Effectively Communicate, and Motivate & Develop People we foster an environment where diverse perspectives are not only welcomed but celebrated. Everyone can make an impact here. Whether it's improving products, supporting customers, or positively influencing peers and the community, the contributions of our people matter.

The Senior Technical Accountant reports to the Director of SEC Reporting and Technical Accounting and is responsible for supporting accounting and financial reporting for complex and non-routine transactions. This role leads technical accounting research, develops well-supported accounting positions, and ensures consistent application of U.S. GAAP across the organization.

This position partners cross-functionally to assess accounting implications, influence business decisions, and maintain robust accounting policies and internal controls in a fast-paced public company environment.

Key Responsibilities:

• Research, interpret, and apply U.S. GAAP to complex and non-routine transactions.
• Develop, document, and defend accounting conclusions with clear technical support.
• Execute and support accounting for areas such as:
• Purchase accounting
• Intangible assets and amortization
• Investments
• Hedging activities
• Goodwill and other technical accounting matters
• Prepare analyses, documentation, and journal entries, as applicable.
• Develop, update, and maintain accounting policies and procedures to ensure consistent application of GAAP.
• Promote standardization and scalability across accounting processes.
• Monitor emerging accounting standards and regulatory developments.
• Lead impact assessments and coordinate implementation efforts with stakeholders.
• Draft clear, comprehensive technical accounting memoranda and supporting documentation for audit and internal purposes.
• Ensure documentation meets internal and external audit requirements.
• Collaborate with FP&A, Legal, Tax, Manufacturing Operations, and auditors to proactively identify and resolve accounting issues.
• Provide guidance on accounting implications of business initiatives and transactions.
• Support the monthly close process through preparation of journal entries, reconciliations, and account analyses.
• Ensure accuracy and completeness within the ERP system.
• Support compliance with internal controls and accounting policies (SOX environment).
• Identify opportunities for automation, efficiency, and process improvement.
• Communicate complex accounting matters clearly to finance and non-finance stakeholders, including senior leadership.
• Maintain strong working relationships with auditors and business partners.
• Provide cross-functional and team support as needed.
• Perform other duties as assigned.

Preferred Qualifications:

• Bachelor's Degree in Accounting or related field.
• Active CPA certification.
• 57 years of progressive experience in public accounting and/or technical accounting.
• Big 4 public accounting experience.
• Strong knowledge of U.S. GAAP and financial reporting requirements.
• Demonstrated ability to research, interpret, and document complex accounting issues.
• Experience working in a public company environment or supporting SEC reporting.
• Strong organizational skills with the ability to manage multiple priorities in a fast-paced environment.
• Experience with complex transactions (e.g., M&A, revenue recognition, derivatives).
• Familiarity with ERP systems and financial reporting tools.
• Experience in a SOX-compliant environment.
• Exposure to manufacturing or multi-entity organizations.

Skills:

Financial Statements Preparation, GAAP Research, Generally Accepted Accounting Principles (GAAP), Internal Controls, Memo Writing, Policy Making, Sarbanes-Oxley Act (SOX), Technical Accounting Research

Education & Experience:

Minimum of 8 years of related experience with a Bachelor's degree; or 6 years and a Master's degree; or a PhD with 3 years experience; or equivalent experience

Pay Range:

$88,900.00 - $116,655.00

Pay Range Explained:

This role in Portland, Oregon pays between $88,900.00 and $116,655.00 per year, depending on your experience, skills, and background. Pay may vary in other locations. We offer a full benefits package, including medical, dental, vision, life insurance, disability coverage, a 401(k) with company match, employee stock purchase plan (ESPP), and paid time off. You'll also be eligible for quarterly profit-sharing bonuses and flexible spending or savings accounts.

Equal Employment Opportunity Statement

FormFactor is an equal opportunity employer. FormFactor complies with all national, state, and local laws that seek to promote equal opportunities for any applicant or employee without regard to age, race, color, gender, gender identity/expression, national origin, sexual orientation, religion, disability, marital status, pregnancy or related condition, military service, or any other legally protected characteristics. These protections apply to all aspects of employment, including but not limited to, recruitment, hiring, training, promotions, and compensation.