Sr. Financial Analyst, R&D and BU Finance

Posted Yesterday
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Toronto, ON, CAN
In-Office
Senior level
Hardware • Semiconductor • Manufacturing
The Role
The Senior Financial Analyst supports R&D and BU Finance by conducting budgeting, forecasting, and program analytics, while improving reporting processes and resource allocation.
Summary Generated by Built In
About SiTimeSiTime is the fast-growing pioneer of Precision Timing, the critical heartbeat powering the AI revolution and next-generation cloud datacenters. While legacy quartz technology struggles under the extreme heat and workloads of massive AI compute clusters, SiTime’s silicon MEMS solutions ensure absolute synchronization, resilience, and scalability.Our programmable semiconductor solutions eliminate timing bottlenecks between GPUs and accelerators, unlocking maximum cluster performance, smaller footprints, and superior power efficiency. Today, SiTime powers over 400 high-growth applications across AI datacenters, automated driving, humanoid robotics, and IoT. With more than 4 billion devices shipped, SiTime is redefining the timing industry to accelerate the future of artificial intelligence.Job Summary

The Senior Financial Analyst is a business-finance partner supporting R&D and BU Finance leaders with planning, forecasting, close, and decision support. The role owns analytics and management reporting, provides timely variance and run-rate insights, and builds scalable models and templates that improve accuracy and speed for expense management. In this high visible role, you will help guide resource allocation, expense management and investment prioritization across both near-term planning cycles and long -term strategy. You will translate complex data into clear and actionable insights, helping leaders to understand performance drivers, evaluating trade-offs. As a trusted finance partner, you will empower teams to operate with clarity and accountability.

Responsibilities
  • Business partnering (R&D and BU): Serve as the primary analytical support for Finance leaders; proactively surface insights on spend, headcount, and key drivers; and ensure stakeholders understand variances and levers.
  • Budgeting and forecasting: Maintain bottoms-up forecasts for assigned cost centers; Prepare monthly and quarterly variance explanations versus plan, forecast, and prior periods; Produce concise, leadership-ready commentary highlighting root causes, risks, and recommended actions.
  • Program analytics: Measure engineering program level performance including ROI, NPV, Payback and other financial metrics to assist engineering management in measuring operational performance and prioritizing investments. Support investment and cost optimization decisions with ROI models, sensitivity analysis, and clear decision memos.
  • Companywide business metrics: Drive alignment on KPIs and key metrics to support monitor business performance, Build and maintain scalable financial models to report data on functions including R&D, Sales Ops, Sales, Marketing, Finance; Support drive growth initiatives, and provide visibility into operating performance. 
  • Continuous improvement: Identify opportunities to streamline reporting and analysis through automation, BI tools, and standardized processes; document repeatable work instructions and assumptions.
Qualifications & Requirements
  • Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
  • 10+ years of experience in FP&A, business finance, management reporting, or financial analysis; technology or semiconductor experience is a plus.
  • Strong understanding of P&L concepts and operating expense drivers, including labor, contractors, services, software, and travel, and how they flow through forecast and close.
  • Advanced Excel skills, including complex formulas, pivots, and Power Query, with demonstrated ability to build scalable, auditable models and templates.
  • Excellent written and verbal English with the ability to communicate clearly with US-based stakeholders and present concise insights and recommendations.
  • Proven ability to manage multiple deadlines across time zones with strong attention to detail and an ownership mindset.
  • High integrity and comfort working with confidential finance and employee data.
  • Experience with Oracle Cloud ERP and/or EPM tools such as Hyperion, and exposure to reporting platforms such as Qlik or Power BI, is preferred.
  • Experience supporting R&D organizations, including engineering cost structures, project spend, contractor management, and tools/software spend, is preferred.
  • Working knowledge of SQL and/or data visualization tools and the ability to automate repetitive analyses is preferred.
  • Professional certification such as CFA, CPA, ACCA, or an MBA is a plus.
  • It is not necessary to meet all job requirements to be a qualified candidate for the position.
Desired Characteristics & Attributes
  • Demonstrates sound business judgment and strong analytical thinking in balancing financial discipline with operational needs.
  • Communicates clearly and credibly, translating financial data into concise, business-relevant insights for leadership.
  • Acts as a collaborative partner across Finance, Engineering, HR, Procurement, IT, and Accounting.
  • Shows strong ownership, attention to detail, and the ability to operate effectively across time zones and changing priorities.
  • Continuously seeks opportunities to improve reporting quality, automation, and process efficiency.
Compensation Range :

At SiTime, we believe great work deserves great rewards. We offer a comprehensive and highly competitive compensation package designed to attract top talent. In addition to base salary, this role is eligible for a quarterly bonus tied to the achievement of innovation goals—reflecting our commitment to recognizing meaningful impact. We also offer equity grants, providing a meaningful opportunity to share in the company’s future growth and success.

SiTime is an Equal Opportunity Employer. We treat each person fairly and we do not tolerate discrimination or harassment against anyone on the basis of any protected characteristics, including race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, pregnancy, political affiliation, protected veteran status, protected genetic information, or marital status or other characteristics protected by law. SiTime participates in the E-Verify program.


Learn More about SiTime: Review the Get to Know SiTime section of our career page to explore our culture, values, and what makes us unique.

  • Innovation on Top – Philosophies of Innovation with Rajesh Vashist 
  • Fabrication Knowledge – An Interview with Rajesh Vashist 
  • SiTime Corporation – YouTube 


#LI-SITIME

Skills Required

  • Bachelor's degree in Finance, Accounting, Economics, Business, or related field.
  • 10+ years of experience in FP&A, business finance, management reporting, or financial analysis.
  • Advanced Excel skills, including complex formulas, pivots, and Power Query.
  • Experience with Oracle Cloud ERP and/or EPM tools such as Hyperion.
  • Working knowledge of SQL and/or data visualization tools.
  • Professional certification such as CFA, CPA, ACCA, or an MBA is a plus.

SiTime Compensation & Benefits Highlights

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

  • Equity Value & Accessibility Feedback suggests equity is a meaningful part of total compensation, with some highlighting the combination of salary, bonus, and stock as a strong point. Company materials emphasize employee equity as a core element of rewards.
  • Wellbeing & Lifestyle Benefits Feedback suggests on-site wellness amenities and daily conveniences (gym, snacks, beverages) support day-to-day wellbeing. The company highlights wellness programs alongside these lifestyle perks.
  • Leave & Time Off Breadth Feedback suggests paid vacation, holidays, sick leave, and volunteer time off are available, reinforcing recharge time. The company emphasizes work-life balance and encourages time to recharge.

SiTime Insights

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The Company
HQ: Santa Clara, CA
465 Employees
Year Founded: 2005

What We Do

SiTime Corporation (Nasdaq: SITM), the market leader in silicon MEMS timing, is an analog and semiconductor company that is revolutionizing the timing market. Our broad portfolio of programmable solutions is available with ultra-fast lead times and offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability.

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