Senior Accountant - Lease Accounting

Lam Research; Penang; Hybrid; MYR 100,000 - 160,000; Full time

Benefits offered by this job

Hybrid work model

On-site & Remote flexibility

Job summary

Lam Research in Malaysia (Penang) seeks a Senior Accountant – Lease Accounting to lead global lease accounting under ASC 842 and IFRS 16, administer LeaseAccelerator, and provide technical accounting guidance to Finance and cross-functional partners.

The role requires 4–8 years of accounting experience, strong US GAAP knowledge, and advanced Excel skills. You will collaborate across geographies while maintaining SOX controls and supporting close deliverables.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 4–8 years of progressive accounting experience.
• Strong knowledge of U.S. GAAP and ASC 842; IFRS 16 familiarity.
• Experience with SOX controls, audits, and financial reporting.
• Advanced Excel skills; strong analytical and communication abilities.

Responsibilities

• Manage global lease accounting in accordance with ASC 842, IFRS 16, company policy, and materiality thresholds.
• Evaluate contracts and lease events for identification, classification, measurement, modifications, reassessments, and terminations.
• Administer LeaseAccelerator, including access, configuration, master data, testing, issue resolution, and user support.
• Prepare and review close deliverables, including journal entries, right-of-use assets, lease liabilities, reconciliations, variance analyses, disclosures, and audit support.
• Maintain accurate lease records and effective SOX controls over lease accounting and system administration.
• Research technical accounting matters and provide practical guidance to Finance and cross-functional business partners.
• Maintain policies, procedures, and training materials; oversee outsourced support and coordinate with software vendors.
• Drive process, automation, and reporting improvements that strengthen data quality, controls, and scalability.

Skills

Advanced Excel

SOX controls

Analytical ability

Communication

Prioritization

Cross-functional collaboration

Education

Bachelor’s degree in Accounting/Finance

Tools

LeaseAccelerator

Alteryx

Quickbase

Job description

The group you’ll be a part of

The Global Finance Group drives financial strategies based on expert understanding of Lam's breakthrough technologies, the semiconductor market, and the global business environment. They manage our company's financials and relationships with our investor community to ensure we have the strong financial foundation to fuel innovation and growth.

The group you’ll be a part of

The Global Finance Group drives financial strategies based on expert understanding of Lam's breakthrough technologies, the semiconductor market, and the global business environment. They manage our company's financials and relationships with our investor community to ensure we have the strong financial foundation to fuel innovation and growth.

The impact you’ll make

The Senior Accountant – Lease Accounting supports global lease accounting under U.S. GAAP and IFRS, administers LeaseAccelerator, and provides technical accounting guidance to Finance and cross-functional business partners.

What You’ll Do

• Manage global lease accounting in accordance with ASC 842, IFRS 16, company policy, and materiality thresholds.
• Evaluate contracts and lease events for identification, classification, measurement, modifications, reassessments, and terminations.
• Administer LeaseAccelerator, including access, configuration, master data, testing, issue resolution, and user support.
• Prepare and review close deliverables, including journal entries, right-of-use assets, lease liabilities, reconciliations, variance analyses, disclosures, and audit support.
• Maintain accurate lease records and effective SOX controls over lease accounting and system administration.
• Research technical accounting matters and provide practical guidance to Finance and cross-functional business partners.
• Maintain policies, procedures, and training materials; oversee outsourced support and coordinate with software vendors.
• Drive process, automation, and reporting improvements that strengthen data quality, controls, and scalability.

Who We’re Looking For

• Bachelor’s degree in Accounting, Finance, or a related field.
• 4 to 8 years of progressive accounting experience, including close, reconciliations, and financial reporting.
• Strong knowledge of U.S. GAAP and practical experience applying ASC 842 across the lease lifecycle.
• Experience with SOX controls, audits, and financial reporting requirements.
• Advanced Excel skills and strong technical research, analytical, and problem-solving abilities.
• Clear written and verbal communication skills, sound judgment, and the ability to manage priorities across functions and geographies.

Preferred Qualifications

• CPA or equivalent professional certification.
• Experience with IFRS 16 and LeaseAccelerator or a comparable lease accounting platform.
• Experience in a large multinational organization or public accounting firm.
• Experience with Alteryx, Quickbase, or similar automation and workflow tools.

Our commitment

We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.

Lam Research (\"Lam\" or the \"Company\") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.

Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.