Principal Finance Manager

$115.2k - $172.8k

Onto Innovation Inc.

Wilmington, MA

# Principal Finance ManagerApplylocations: Wilmington-MA (Jonspin)time type: Full timeposted on: Posted Yesterdayjob requisition id: R-5677Onto 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****Role Summary**The Revenue Manager is responsible for end‐to‐end revenue accounting for global sales of capital equipment, services, upgrades, and spares. This role owns revenue journal entries, key monthly reconciliations, and select external reporting disclosures, while also driving improvements to manual revenue processes. The position requires strong ASC 606 judgment, hands‐on execution, and the ability to operate in a close‐intensive public company environment.**Key Responsibilities****Revenue Recognition & Execution*** Perform detailed revenue recognition analysis under ASC 606 for: + Tool sales, services, upgrades, and spare parts + Complex and non‐standard customer arrangements* Own revenue journal entries and supporting schedules as part of the monthly close* Evaluate contract terms, delivery, installation, and acceptance provisions to determine timing of revenue recognition* Serve as a key point of contact for revenue questions from Sales, Sales Operations FP&A and Legal**Monthly Close & Reconciliations*** Own and execute monthly revenue reconciliations across order systems, sub-ledgers, and the general ledger* Investigate and resolve reconciling items with a focus on root cause and repeatability* Improve close efficiency, accuracy, and documentation quality in a largely manual environment**Process Improvement & Transformation*** Identify and implement improvements to manual revenue processes and controls* Develop scalable procedures, templates, and documentation to support future-state processes* Consider AI opportunities to improve efficiency and reduce risks of errors* Partner with systems and operations teams to enhance data quality and reporting, without reliance on major system implementations* Support SOX controls and internal control improvements related to revenue**External Reporting & Audit Support*** Prepare and support select revenue-related disclosures for Forms 10‐Q and 10‐K* Provide audit support, including memos, schedules, and walkthroughs related to revenue* Ensure revenue accounting positions are well-documented and audit-ready**FP&A & Cross‐Functional Coordination*** Coordinate with FP&A on revenue timing, actuals vs. forecast variances, and revenue drivers* Provide clear explanations of revenue trends and timing differencesSupport management reporting and ad hoc revenue analyses, as needed**Qualifications****Required*** Bachelor’s degree in Accounting or Finance* 4–7 years of progressive accounting experience* Strong knowledge of ASC 606 and revenue recognition principles* Experience owning revenue journal entries and reconciliations in a close environment* Public company experience or strong exposure to external reporting requirements* Ability to work independently, manage deadlines, and exercise sound accounting judgment**Preferred*** CPA* Big 4 and/or public company experience* Semiconductor, manufacturing, or capital equipment industry background* Experience in manual or evolving revenue environments* ERP experience (Oracle) and comfort working with large data sets**Success Profile*** Hands‐on, execution‐oriented revenue professional* Strong attention to detail with a process‐improvement mindset* Able to translate technical accounting guidance into practical, operational solutions* Comfortable balancing close responsibilities with transformation initiativesWhy Join Onto Innovation?At Onto Innovation, we believe your work should matter—and so should your well-being. That’s why we offer competitive salaries and a comprehensive benefits package designed to support you and your family. From health, dental, and vision coverage to life and disability insurance, PTO, and a 401(k) with employer match, we’ve got you covered. You’ll also enjoy access to our Employee Stock Purchase Program (ESPP), wellness initiatives, and cutting-edge tools—all within a collaborative, inclusive culture where your contributions are valued and recognized.**Compensation & Growth**• Base Salary Range:$115,200.00 - $172,800.00, offered in good faith and based on experience, location, and qualifications.* Additional Rewards: Annual bonus opportunities and potential long-term incentives tied to both company and individual success.Empowering Every Voice to Shape the Future:Onto Innovation is committed to creating a workplace where every qualified candidate has an equal opportunity to succeed. We evaluate applicants based on skills, experience, and potential - without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, veteran status, or any other characteristic protected by law. We believe diversity of thought and background drives innovation and strengthens our team.Important Note on Export ComplianceFor certain positions requiring access to technical data, U.S. export licensing review may be necessary for applicants who are not U.S. Citizens, Permanent Residents, or other protected persons under 8 U.S.C. 1324b(a)(3).
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