Sr. Financial Analyst, Cost Accounting

Reposted 3 Days Ago
Ann Arbor, MI
In-Office
82K-139K Annually
Senior level
Hardware • Semiconductor
The Role
The Sr. Financial Analyst will support financial planning, reporting, and analysis of manufacturing locations, handle month-end close, and assist with audits while developing tools to identify financial risks and opportunities.
Summary Generated by Built In

Company Overview

KLA is a global leader in diversified electronics for the semiconductor manufacturing ecosystem. Virtually every electronic device in the world is produced using our technologies. No laptop, smartphone, wearable device, voice-controlled gadget, flexible screen, VR device or smart car would have made it into your hands without us. KLA invents systems and solutions for the manufacturing of wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. The innovative ideas and devices that are advancing humanity all begin with inspiration, research and development. KLA focuses more than average on innovation and we invest 15% of sales back into R&D. Our expert teams of physicists, engineers, data scientists and problem-solvers work together with the world’s leading technology providers to accelerate the delivery of tomorrow’s electronic devices. Life here is exciting and our teams thrive on tackling really hard problems. There is never a dull moment with us.

Group/Division

KLA is well known for its high-performing business model which routinely produces significant profit margins and revenue. Key to supporting KLA business is the finance team that partners with corporate and global business organizations to provide expertise and guidance for developing and executing sound business models and practices. The Finance organization consists of operations and corporate finance teams. The operations finance team influences business decisions by gathering the best available operations information, distilling it and making recommendations to our management team on the best course of action. The corporate team provides a broad range of services, such as financial planning, corporate accounting, tax, industry analysis and benchmarking, internal audits, SEC reporting and merger and acquisition support.

Job Description/Preferred Qualifications

Key to supporting KLA business is the finance team that partners with corporate and global business organizations to provide expertise and mentorship for developing and implementing sound business models and practices.

The Finance organization consists of operations and corporate finance teams. The operations finance team influences business decisions by gathering the best available operations information, distilling it and making recommendations to our management team on the best course of action. The corporate team provides a broad range of services, such as financial planning, corporate accounting, tax, industry analysis and benchmarking, internal audits, SEC reporting and merger and acquisition support.

Responsibilities

  • Work with manufacturing locations in the US, Singapore, and Israel to support and analyze semi-annual and monthly cost updates, PPV, and work order variances

  • Collect, analyze, and report to management worldwide inventory, reserves, and service inventory related balance sheet accounts

  • Prepare routine financial reports and quarterly executive review reports

  • Handle month-end and quarter-end close process to meet regular corporate deliverables, working with service regions in multiple locations to ensure accuracy of financial reporting and close including preparing and posting journal entries

  • Develop tools to identify risks and opportunities in the forecast. Observe and report the quarter-to-date actual results against plan and forecast

  • Support forecast and planning for inventory

  • Provide support for SOX, Tax, and PWC audits

  • Perform various ad hoc analysis/reports

  • Support and participate in SAP and financial system implementations of KLA, support continuous improvement

Preferred Qualifications:

  • 2+ years of experience in a manufacturing environment

  • Accounting experience in standard costing, month end closing, journal entry preparation and posting

  • Ability to meet deadlines in a fast-paced environment and prioritize tasks

  • Able to work independently and within a team setting to solve problems

  • Strong interpersonal and communication skills, and ability to build relationships with business partners at different functional and management levels

  • Strong Excel skills

  • Cost accounting and work order experience preferred

  • SAP experience required

Minimum Qualifications

  • Bachelor's degree plus 5 years' experience, or Masters degree plus 3 years' experience, or PhD with 0 years' experience

Base Pay Range: $81,600.00 - $138,700.00 Annually

Primary Location: USA-MI-Ann Arbor-KLA

KLA’s total rewards package for employees may also include participation in performance incentive programs and eligibility for additional benefits including but not limited to: medical, dental, vision, life, and other voluntary benefits, 401(K) including company matching, employee stock purchase program (ESPP), student debt assistance, tuition reimbursement program, development and career growth opportunities and programs, financial planning benefits, wellness benefits including an employee assistance program (EAP), paid time off and paid company holidays, and family care and bonding leave.

Interns are eligible for some of the benefits listed. Our pay ranges are determined by role, level, and location. The range displayed reflects the pay for this position in the primary location identified in this posting. Actual pay depends on several factors, including state minimum pay wage rates, location, job-related skills, experience, and relevant education level or training. We are committed to complying with all applicable federal and state minimum wage requirements where applicable. If applicable, your recruiter can share more about the specific pay range for your preferred location during the hiring process.

               

KLA is proud to be an Equal Opportunity Employer. We will ensure that qualified individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us at [email protected] or at +1-408-352-2808 to request accommodation.

Be aware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as KLA employees.  KLA never asks for any financial compensation to be considered for an interview, to become an employee, or for equipment. Further, KLA does not work with any recruiters or third parties who charge such fees either directly or on behalf of KLA. Please ensure that you have searched KLA’s Careers website for legitimate job postings.  KLA follows a recruiting process that involves multiple interviews in person or on video conferencing with our hiring managers.  If you are concerned that a communication, an interview, an offer of employment, or that an employee is not legitimate, please send an email to [email protected] to confirm the person you are communicating with is an employee. We take your privacy very seriously and confidentially handle your information.

Top Skills

Excel
SAP
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The Company
HQ: Milipitas, CA
10,001 Employees

What We Do

KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward.

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