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Altera, Chief Accounting Officer

San Jose, California, United States| Hillsboro, Oregon, United States Job ID JR0262460 Job Category Finance Work Mode On-site Required Experience Level Experienced Full/Part Time Full Time

Job Description

We are seeking a highly-skilled, experienced Chief Accounting Officer to join our growing organization as we become an independent public company.  Altera’s Chief Accounting Officer (CAO) oversees the Record to Report (R2R) function while ensuring US GAAP and international local statutory compliance. In addition to overseeing the R2R function, the CAO will be the Finance owner for business process and technology architecture.  A key aspect of this role will be to stand up the accounting organization and prepare the team for IPO.

This position reports to Altera’s CFO and works collaboratively with the Intel CAO. 

Responsibilities include:

  • Ensures the preparation and analysis of all financial reports meet the needs of the organization and comply with SEC reporting requirements and global regulations.

  • Directs and develops the organization's global accounting policies, practices, procedures, and initiatives.

  • Advises management of potential changes in accounting regulations or practices that may impact operations and reporting.

  • Creates functional strategies and key objectives for the sub-function and develops budgets/policies/procedures to support achieving expected results.

  • Strong relationship with business partners, auditors, executive staff, and the Board of Directors (BOD).

  • Partners with operations finance, tax and treasury departments to develop solutions and strategies that support our investment and execution objectives.

  • Will be required to provide technical guidance to a variety of business situations, inclusive of preparation of IPO documents, merger and acquisition investments and divestitures.

  • Monitoring and influencing emerging US GAAP, IFRS and SEC developments, including participation in outreach with regulators and industry peers.

Key Requirements:

  • Strong leadership skills with the ability to direct and a worldwide cross-functional and multi-disciplinary teams.

  • Ability to challenge the status quo, role model possibility thinking and drive constant improvement.

  • Proven experience in building a high-performance team, developing leaders and driving necessary organizational and cultural change.

  • Established executive presence and ability to present effectively to executive leadership team, the BOD, and external authorities.

  • Solid understanding of SEC/GAAP rules and regulations.

  • Foundational business acumen of the semiconductor or high-tech industry.

  • Demonstrated results and accountability for broad leadership, building of followership and role modeling of Altera's Values:

    • Excellent Employee Experience - Create a positive, engaging, supportive, and inclusive work environment.

    • Customer Obsessed - Embed customers at the heart of every decision and relentlessly pursue being a trusted partner for their growth and success.

    • Results Driven - Commit to achieving measurable outcomes that advance the company’s objectives with data-driven decisions.

    • Innovation - Courageously seek new ideas in support of our goals while continuously learning and growing.

    • Ownership - Take responsibility and make decisions in the best interests of the company.

    • Simplicity - Focus on first principles, communicate clearly, streamline processes, remove complexity.


  • 15+ years of corporate accounting and controllership experience; existing Chief Accounting Officer in a Fortune 100 company preferred.

  • Specific experience establishing financial and accounting regulatory processes for a new organization, up to and inclusive of IPO.

  • Business process architecture leadership with installation of a new ERP system and related controls, partnering closely with IT and business units required.

  • BS or equivalent in a related field; advanced degree (MBA, etc) a plus; relevant industry certifications such as CPA a plus.

Inside this Business Group

The Programmable Solutions Group (PSG) was formed from the acquisition of Altera. As part of Intel, PSG will create market-leading programmable logic devices that deliver a wider range of capabilities than customers experience today. Combining Altera's industry-leading FPGA technology and customer support with Intel's world-class semiconductor manufacturing capabilities will enable customers to create the next generation of electronic systems with unmatched performance and power efficiency. PSG takes pride in creating an energetic and dynamic work environment that is driven by ingenuity and innovation. We believe the growth and success of our group is directly linked to the growth and satisfaction of our employees. That is why PSG is committed to a work environment that is flexible and collaborative, and allows our employees to reach their full potential.

Other Locations

US, Hillsboro

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.


We offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, as well as, benefit programs which include health, retirement, and vacation. Find more information about all of our Amazing Benefits here.

Annual Salary Range for jobs which could be performed in US, California: $999.00-$999,999.00
*Salary range dependent on a number of factors including location and experience

Working Model

This role will require an on-site presence.

Position of Trust
This role is a Position of Trust. Should you accept this position, you must consent to and pass an extended Background Investigation, which includes (subject to country law), extended education, SEC sanctions, and additional criminal and civil checks. For internals, this investigation may or may not be completed prior to starting the position. For additional questions, please contact your Recruiter.
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