Alphawave Semi

The Opportunity

We're looking for the Wavemakers of tomorrow.

Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streaming to AI to the metaverse and much more. Our technology powers product innovation in the most data-demanding industries today, including data centers, networking, storage, artificial intelligence, 5G wireless infrastructure, and autonomous vehicles. Customers partner with us for mission-critical data communication, our innovative technologies, and our proven track record. Together, we enable the next generation of digital technology.

Finance Business Partner - Revenue

The Finance function at Alphawave Semi is evolving, and in FP&A we are focused on partnering with the business, to support and challenge them to succeed in delivering our ambitious growth strategy.

We are now looking to add a motivated Finance Business Partner who will collaborate closely with senior leaders and their wider teams to provide valuable insights and financial guidance to support decision-making.

You will focus on:

Revenue & gross profit. Forecasting, reporting, and analyzing deals/potential deals to provide insight into revenue recognition and gross profit. This includes acting as a trusted advisor to the business on revenue recognition and producing revenue recognition accounting papers to document our approach.

Your responsibilities will be to support and interact with our executive leaders and their teams. It requires strong technical accounting skills to review revenue contracts and opportunities against the revenue accounting standard (IFRS 15/ASC 606). You will work closely with our Strategic Business Units Finance Business Partner and our Financial Accounting team to ensure we are accurately and regularly updating our revenue/gross profit reporting and planning.

What you'll do:

1. Revenue Forecasting:

• Work with cross-functional business partners to facilitate the review and execution of revenue deals.
• Provide ongoing guidance to the Business Unit on revenue recognition issues in conjunction with the corporate accounting team.
• Be a strategic partner with subject matter expertise in revenue, accounting and operations.
• Develop financial models and analyses to support strategic revenue initiatives.
• Support annual audit process and assist with the provision of information for external reporting.
• Document revenue recognition for all deals in line with company policy and IFRS 15.
• Forecast, review, confirm and report on bookings and order backlog.

2. Financial Planning and Analysis:

• Develop and maintain financial models to support budgeting, forecasting, and long-term planning for revenue/gross profit.
• Analyze financial performance, variances and trends to identify opportunities and risks.
• Prepare and present financial reports for revenue and gross profit.

3. Business Partnering:

• Key Finance Business Partner to our Head of Sales and their teams, as well as the executives responsible for the business units that generate revenue and our engineering teams who deliver our revenue performance obligations.
• Be the key point of contact for all revenue and gross profit planning and reporting.
• Review revenue opportunities to provide insight into revenue recognition and the P&L impact.
• Collaborate with business leaders and their teams to understand their needs and objectives.
• Serve as a trusted advisor by providing financial insights and recommendations to support decision-making.
• Assist in the development of business cases for new revenue and gross margin initiatives, investments, and projects.

4. Budgeting and Forecasting:

• Support delivery of monthly/quarterly forecasting and the annual budgeting process by working closely with senior management and their teams.
• Tell the story behind the numbers so we understand the outcomes of different scenarios.
• Identify risks and opportunities and help budget owners mitigate risks and exploit opportunities.

5. Financial Reporting:

• Prepare and distribute regular financial reports and dashboards to stakeholders.
• Ensure accuracy and integrity of financial data and reports.
• Understand and explain any variances to prior reporting (e.g. vs last month or last quarter).
• Support timely delivery of overall Group monthly management reporting.

6. Ad Hoc Analysis:

• Conduct ad hoc financial analysis as and when needed.
• Investigate and resolve revenue and gross margin inquiries and issues.
• Proactively support key stakeholders as their finance trusted advisor.

7. Process Improvement:

• Identify and implement process improvements to enhance efficiency and accuracy across Finance and specifically for financial reporting and analysis.
• Identify opportunities to maximize systems and reports, to automate and move to self-service reporting.
• Support delivery of half-year/year-end reporting and audit.

8. Building Relationships

• Build great relationships outside of Finance to strengthen the link between Finance and the rest of the business and to help develop a strong reputation for the Finance team.
• Build great relationships across the Finance team to help us improve our processes and outputs.

What you'll need:

• 5+ years experience applying IFRS 15/ASC 606 to complex long-term contracts. Accountancy qualification is also helpful.
• 3+ years of experience working in a Finance role that directly supports a team/area of the business, with a strong relationship with senior management.
• Experience of owning the financial reporting/forecasting/budgeting for business units/divisions.
• Financial modelling experience.
• Strong Excel skills and experience of an ERP system like SAP or Oracle. NetSuite experience is exceptionally valuable, and experience with consolidation and reporting tools (e.g. Power BI) experience would also be great.
• The ideal candidate will have experience working in the semiconductor industry, but experience working in the technology space would also be a strength.

"We offer great compensation packages, including a salary range that aligns with the candidate's skills and experience. Your contribution will be recognized with a salary range of $135k to $150k, reflecting our commitment to fair and rewarding remuneration"

"Hybrid work environment"

As part of our commitment to the well-being and satisfaction of our employees, we have designed a comprehensive benefits package that includes:

• Great compensation package
• Health Insurance
• Retirement Savings
• Paid time off

Diversity & Inclusivity

Alphawave Semi is based out of one of the most diverse countries in the world. This includes differences related to race, ethnicity, national origin, gender, gender expression and presentation, sexual orientation, religion, age, ability and socioeconomic status. To us, diversity is one our strongest assets to our organization. We commit ourselves to promoting the recognition and appreciation of our diverse and rich culture. We believe that it is critical to our success to promote freedom of thought and opinion in a respectful environment. The decisions we make are rooted by respectfully considering each other’s thoughts and opinions and by working towards a greater common goal.

Accommodation

Alphawave Semi is an equal opportunity employer and welcomes applications from all qualified individuals, including visible minorities, Indigenous People, and persons with disabilities. We welcome and encourage applications from people with disabilities. If as a qualified job applicant, you request accommodation, Alphawave Semi will consult with you to provide reasonable accommodations according to your specific needs. If you wish to make a request, you will be provided an opportunity if you’re applications is selected to proceed in our hiring process.