Lease Accounting Sr. Manager

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Senior Manager, Lease Accounting

THE ROLE:

AMD is seeking a Senior Manager, Lease Accounting, to join our Corporate Accounting team in Santa Clara, California.

You will lead and oversee AMD's global lease accounting operations overseeing the accounting and reporting for real estate, data centers, servers, equipment, and other infrastructure arrangements, including the implementation of expanded programs as AMD continues to scale. You will be responsible for ensuring accurate, timely, and compliant lease accounting under US GAAP while developing scalable processes, systems, and internal controls to support AMD's growing operational complexity.

This highly visible role will partner closely with leaders across AMD's CFO organization and the broader business, including Real Estate, Finance, Technical Accounting, Tax, Legal, Procurement, Treasury, Corporate Development, and other key stakeholders. You will play a critical role in translating complex contractual arrangements and technical accounting requirements into effective operational accounting solutions. You will also drive continuous improvement, automation, and the adoption of emerging technologies, including artificial intelligence, to modernize and scale AMD's global lease accounting capabilities.

THE PERSON:

The ideal candidate is an accomplished accounting leader with strong technical expertise, operational discipline, and experience managing complex accounting processes within a large, global organization.

You possess deep knowledge of US GAAP, particularly ASC 842, and have practical experience evaluating complex lease arrangements, embedded leases, equipment financing, data center and colocation arrangements, and other infrastructure-related transactions. You combine sound technical accounting judgment with the ability to translate accounting requirements into scalable processes, systems, and internal controls. You are comfortable operating independently, navigating ambiguity, and leading initiatives in an evolving business environment where established processes or system solutions may not yet exist.

You are an effective communicator and collaborative business partner who can clearly articulate complex accounting matters to senior leadership and cross-functional stakeholders. You demonstrate strong ownership, attention to detail, and a commitment to operational excellence. You are passionate about leveraging technology, automation, and artificial intelligence to improve accounting efficiency, accuracy, and scalability.

KEY RESPONSIBILITIES:

- Lead AMD's global lease accounting operations across real estate, data centers, servers, equipment, colocation arrangements, and other infrastructure-related contracts, ensuring consistent and accurate accounting across legal entities and geographies
- Own the end-to-end lease accounting lifecycle oversight, including lease identification, commencement, measurement, modifications, reassessments, impairments, terminations, and financial statement reporting
- Oversee monthly and quarterly close activities, including journal entries, reconciliations, roll-forwards, flux analysis, balance sheet substantiation, and management reporting
- Partner with Technical Accounting, Finance, Real Estate, Legal, Tax, Procurement, Treasury, Corporate Development and business teams to evaluate complex and evolving contractual arrangements, including embedded leases, equipment financing, data center arrangements, and build-to-suit structures
- Translate technical accounting conclusions into operational accounting processes, system requirements, journal entries, and reporting solutions, while developing and maintaining lease accounting policies and procedures
- Establish scalable contract intake, data validation, asset tracking, and reconciliation processes to ensure the completeness and accuracy of lease accounting records
- Develop processes to identify and evaluate contractual changes and operational events that may trigger lease modifications, reassessments, impairments, or other accounting impacts
- Own and continuously enhance SOX-compliant lease accounting controls, including management reviews, reconciliations, journal entry controls, and supporting documentation
- Oversee lease accounting systems, subledger integrity, and integration with AMD's ERP and financial reporting platforms, partnering with Finance Systems and IT on enhancements and new capabilities
- Drive standardization, process improvements, and automation to improve accounting accuracy, operational efficiency, and close-cycle performance
- Identify and implement opportunities to leverage artificial intelligence and advanced automation, including contract data extraction, lease identification support, exception monitoring, and reconciliation automation
- Develop scalable accounting processes and system solutions to support new business models, infrastructure investments, and evolving operational requirements
- Serve as Corporate Accounting's primary point of contact for lease accounting matters, including coordination with internal and external auditors and support for financial statement and SOX audits
- Provide leadership and technical guidance to accounting teams and cross-functional partners, establish clear process accountability, and proactively communicate significant accounting matters, control risks, and improvement opportunities to senior leadership

PREFERRED EXPERIENCE:

- Progressive accounting experience
- Bachelor's degree in Accounting or Finance; advanced degree preferred
- CPA, CA, or equivalent professional accounting certification
- Big 4 or other large accounting firm work experience working with US publicly listed companies
- Strong knowledge of US GAAP, particularly ASC 842, with experience in complex lease accounting
- Experience managing accounting close processes, financial reporting, reconciliations, and internal controls in a complex organization
- Experience implementing accounting systems, process automation, or finance transformation
- Strong understanding of SOX and experience designing or operating effective internal controls
- Demonstrated ability to lead cross-functional initiatives, manage competing priorities, and deliver results in a fast-paced environment
- Excellent analytical, problem-solving, communication, and stakeholder management skills
- Experience with SAP, BlackLine, and enterprise lease accounting software preferred
- Experience applying artificial intelligence and analytics to accounting processes preferred

ACADEMIC CREDENTIALS:

- Bachelor's degree in Accounting or Finance preferred
- Advanced degree preferred
- CPA, CA, or equivalent professional accounting certification preferred

This role is not eligible for visa sponsorship.

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Benefits offered are described:  AMD benefits at a glance .

AMD does not accept unsolicited resumes from headhunters, recruitment agencies, or fee-based recruitment services. AMD and its subsidiaries are equal opportunity, inclusive employers and will consider all applicants without regard to age, ancestry, color, marital status, medical condition, mental or physical disability, national origin, race, religion, political and/or third-party affiliation, sex, pregnancy, sexual orientation, gender identity, military or veteran status, or any other characteristic protected by law.   We encourage applications from all qualified candidates and will accommodate applicants’ needs under the respective laws throughout all stages of the recruitment and selection process.

AMD may use Artificial Intelligence to help screen, assess or select applicants for this position.  AMD’s “Responsible AI Policy” is available here.

This posting is for an existing vacancy.