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Cadence Design Systems

Principal Accountant

Posted an hour ago
5-10 years experience
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AI Summary

Manage accounting activities for assigned entities, including bookkeeping, period-end closing, and statutory audits while ensuring compliance with US GAAP and local tax requirements. Drive process standardization and automation initiatives while serving as a technical accounting resource and finance partner to business teams.

At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.

Position Summary

·        Manage accounting activities for assigned entities, including accurate bookkeeping, T&E, period-end closing, local statutory audits, and annual filings, while ensuring compliance with US GAAP and local statutory and tax requirements.

·        Prepare balance sheet account reconciliations, treasury reports, and other reports required by Corporate Finance or local government authorities for assigned entities.

·        Drive process standardization and automation initiatives to improve accuracy and efficiency.

·        Oversee all tax-related matters for assigned entities, including transfer pricing, VAT, corporate income tax, other local taxes, and inquiries from tax authorities.

·        Serve as a trusted finance partner to business teams by clearly communicating finance-related matters and providing training as needed.

·        Act as a technical accounting resource and participate in regional and global finance projects, including system rollouts and policy updates.


Position Requirements

·        Bachelor’s degree in accounting, Finance, or a related field.

·        At least seven years of accounting experience, including general ledger accounting, period-end close, and statutory reporting.

·        Strong knowledge of US GAAP and China Accounting Standards (CAS), with a working knowledge of China tax regulations.

·        Experience with SAP and Concur is preferred; advanced proficiency in Excel and PowerPoint is required.

·        Fluency in written and spoken English and Mandarin.

·        Quick learner with strong attention to detail and excellent communication skills.

·        Professional, self-motivated, dependable, and committed to delivering high-quality work.

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