Financial Analyst

KLA • Milpitas, CA

12d • Onsite

About The Position

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 Responsibilities Responsible for the financial analysis of monthly actual results with comparisons to the forecast and engaging with business partners to maximize efficiencies and address issues. Drive Gross Margin Improvement Initiatives. Engage with and collaborate cross functionally with Engineering, Operations, Service and division finance for target setting and reporting of results. Collaborate with business partners on Inventory Planning, Headcount Planning, managing of Operational expense drivers. Continuous improvement mindset, partnering with different areas of the organization, identifying gaps, cost savings and productivity. Own the Semi-annual standard cost change process of costing parts, manufacturing overhead and simulations in SAP system. Ensure that finance policies and proper accounting rules are being followed consistently and SOX-compliant in all areas of responsibility. Assist in all other ad hoc requests which require financial modeling, scenario analysis and simulations.

Requirements

• Degree in Accounting with minimum 2 years of relevant experience (with emphasis on cost accounting, forecasting and financial analysis in a manufacturing environment)
• Proficient in SAP, strong MS Excel skills, Power BI
• Ability to manage multiple tasks in a time sensitive environment
• Comfortable in ambiguous environment, comfortable approaching and communicating with different levels of the organization.
• Independent and critical thinker, fast learner and excellent eye for detail.
• Strong interest in leveraging tools, automation, and data solutions to improve financial processes, efficiency, and scalability
• Bachelors degree plus 2 years' experience or Masters degree and 0 years' experience

Nice To Haves

• One stream knowledge preferred (not required)

Responsibilities

• Responsible for the financial analysis of monthly actual results with comparisons to the forecast and engaging with business partners to maximize efficiencies and address issues.
• Drive Gross Margin Improvement Initiatives.
• Engage with and collaborate cross functionally with Engineering, Operations, Service and division finance for target setting and reporting of results.
• Collaborate with business partners on Inventory Planning, Headcount Planning, managing of Operational expense drivers.
• Continuous improvement mindset, partnering with different areas of the organization, identifying gaps, cost savings and productivity.
• Own the Semi-annual standard cost change process of costing parts, manufacturing overhead and simulations in SAP system.
• Ensure that finance policies and proper accounting rules are being followed consistently and SOX-compliant in all areas of responsibility.
• Assist in all other ad hoc requests which require financial modeling, scenario analysis and simulations.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees