Finance Analyst

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office
Senior level
Automotive • Cloud • Energy
The Role
Support manufacturing cost planning and monthly financial forecasting. Prepare weekly tracking reports, monthly journal entries, and close reports. Analyze variances, consolidate forecasts, coordinate with site and BU finance, and drive reporting automation and process improvements.
Summary Generated by Built In

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world. 

onsemi is currently seeking an experienced financial analyst to join our organization. The analyst will be the key member of our cost planning team, providing essential linkage between various manufacturing site controllers and BU controllers and corporate FP&A team. The main responsibility of the analyst is to participate in onsemi’s monthly financial forecasting process and provide key elements of gross margin forecast.


Financial Reporting & Analysis

  • Prepare and distribute weekly financial tracking reports covering revenue shipments, earned value, scrap, foreign exchange risk & opportunity, capital expenditure payments, and site-level inventory roll forwards.
  • Analyze manufacturing financial performance against plan targets (AOP/BOQ/EOQ) and highlight key variances and trends for management review.

Month-End & Quarter-End Close

  • Prepare and post monthly journal entries across multiple manufacturing sites, including accruals, asset retirement obligations, inventory adjustments, and insurance allocations.
  • Coordinate the upload of cost details into enterprise planning systems to ensure accurate tracking and alignment with month-end close requirements.
  • Prepare monthly and quarterly close reports including days-of-inventory analysis, scrap reporting, overtime cost summaries, and journal entry reconciliations.

Forecast Consolidation & Planning Support

  • Support quarterly forecast cycles (BOQ/EOQ/AOP) by coordinating with BU Finance and site teams to gather inputs, validate assumptions, and prepare scrap forecasts and variance analyses.
  • Assist with forecast consolidation activities and ad hoc financial modeling as needed during planning cycles.

Cross-Functional Coordination & Process Improvement

  • Partner with site controllers, Supply Chain, and Business Unit Finance to resolve data discrepancies, confirm forecast targets, and ensure consistency across reporting platforms.
  • Contribute to automation and process improvement initiatives aimed at streamlining reporting workflows and reducing manual effort
  • Provide guidance and improvement ideas / trainings to site finance teams to improve efficiency
  • Assist in strategic technology P&L roll up and sharing of information with businesses
  • Support NPD costing process
     

 

Qualifications
  • BS in Accounting / Finance required; CPA or MBA preferred
  • 5+ years of Accounting/Finance experience required; semiconductor industry strongly preferred
  • Extensive experience with Oracle ERP preferred
  • Strong communication skills, articulate, and able to explain complex issues clearly
  • Flexible, open minded
  • Advanced experience in Excel and proficiency with Microsoft Office Suite (Outlook, Access, Word, PowerPoint)
     

 

About Us
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.

More details about our company benefits can be found here:

https://www.onsemi.com/careers/career-benefits

About the TeamWe are committed to sourcing, attracting, and hiring high-performance innovators, while providing all candidates a positive recruitment experience that builds our brand as a great place to work.


onsemi is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, ancestry, national origin, age, marital status, pregnancy, sex, sexual orientation, physical or mental disability, medical condition, genetic information, military or veteran status, gender identity, gender expression, or any other protected category under applicable federal, state, or local laws.

If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact [email protected] for assistance.

Skills Required

  • BS in Accounting or Finance
  • CPA or MBA
  • 5+ years of accounting/finance experience
  • Semiconductor industry experience
  • Extensive experience with Oracle ERP
  • Advanced experience in Excel
  • Proficiency with Microsoft Office Suite (Outlook, Access, Word, PowerPoint)
  • Strong communication skills
  • Flexible, open minded

onsemi Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about onsemi and has not been reviewed or approved by onsemi.

  • Retirement Support Retirement programs are highlighted by a U.S. 401(k) with a 100% match on the first 4% and immediate vesting. International plans such as Ireland’s defined contribution scheme and Germany’s company-funded pension elements reinforce long-term savings.
  • Leave & Time Off Breadth Time-off policies include ten paid holidays, flexible vacation for exempt employees, and three to five weeks of vacation for non-exempt staff as tenure grows, alongside sick time accrual. Paid leaves span parental, bereavement, jury duty, and military service, with Europe locations offering additional statutory and seniority-based days.
  • Parental & Family Support Family supports include eight weeks of paid parental leave, company-sponsored backup care for children, adults, and pets, and up to $15,000 in adoption assistance. Regional provisions such as Switzerland’s child allowance and accessible EAP counseling show added attention to household needs.

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The Company
HQ: Phoenix, AZ
11,712 Employees

What We Do

We are building a better future through intelligent technology. For over 60 years, onsemi and its ancestors have been leading the world’s greatest technology advancements. onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.

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