Principal Financial Analyst
About The Position
GlobalFoundries seeks a Principal Financial Analyst to join its Capital Finance team. The position leads planning and forecasting activities with the capital team to support business and company goals, serves as a finance contact for requests across regions, and works cross-functionally to advance capital expenditure (capex) execution and reporting. The position may be based at a current GlobalFoundries location and uses a hybrid working model. The analyst is responsible for global depreciation forecasting and reporting, journal entries, variance analysis, balance sheet reconciliation, and project capitalization requests. The role also supports individual fab depreciation forecasts, capex execution processes, and ad hoc management or team requests. It requires building effective relationships with technical and business stakeholders and supporting applicable Environmental, Health, Safety & Security requirements and programs.
Requirements
- Bachelor’s degree in Finance or Accounting.
- At least 4 years of experience in Finance or Accounting.
- Fluency in written and spoken English.
- Sound accounting and financial analysis skills, including knowledge of GAAP and IFRS.
- Ability to meet work and project deadlines on time while delivering high-quality output.
- Strong PC skills and excellent Microsoft suite skills, including advanced knowledge of AI for Excel and PowerPoint.
- Problem-solving ability, including guiding, implementing, and sustaining process excellence.
- Ability to communicate and convey information at both detailed and executive levels.
Nice To Haves
- Experience with SAP Project Systems and Anaplan.
- Strong attention to project and data analytics.
- Demonstrated team collaboration, analytical, and project management abilities.
- German language skills.
- Experience working across multiple cultures and geographic locations.
Responsibilities
- Lead global depreciation forecasting, monthly and quarterly reporting, forecast-versus-actual variance analysis, and key cash and depreciation KPI reporting.
- Prepare monthly journal entries, conduct variance analysis, and complete quarterly balance sheet reconciliation.
- Liaise among local finance, corporate finance, engineering, and procurement teams on capex execution.
- Prepare project capitalization requests, including breakdowns of hookup costs and categorization.
- Assist with and advise on maintaining individual fab depreciation forecasts.
- Respond to ad hoc management and team-oriented requests.
- Contribute to the OneGF team’s efforts to streamline the capex execution process.
- Support and provide backup for team members as needed.
- Establish credibility and develop cross-functional relationships with technical and business stakeholders.
- Perform activities safely and responsibly and support Environmental, Health, Safety & Security requirements and programs.
Benefits
- Competitive salary and attractive compensation package.
- Performance-related bonus plan.
- Global recognition program.
- Employee Stock Purchase Plan with a 20% match and 50 seed shares for first-time non-executive participants.
- Technical or management career path opportunities.
- Enhanced learning and development programs.
- Additional medical service, including dental coverage and coverage for employees’ children.
- Food vouchers and canteen discounts.
- Monthly budget for Flex benefits.
- Office recreation spa facilities.
- Discounts for spa and wellness programs at NV Tower.
- Regular team events and celebrations.
- Hybrid working model and flexible working time.
- 21 to 25 days of paid vacation, depending on years with the company.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
