Accountant (Cost Analyst)

Job Description:

The Cost Analyst will be responsible for factory spending, including charges associated with manufacturing products in all internal factories. As part of the scope, the cost analyst will perform reconciliations and explain variances to ensure the spending and volume are reasonable and complete. In addition, partners with Factory Cost Analysts and Central Cost and Inventory team to resolve material differences, identify opportunities for improvement, and drive actions to avoid impacts to the financial close or forecasting cycle. The ideal candidate has the right mix of quantitative and business knowledge to identify problems or opportunities with advanced analytics solutions. Independently develops innovative and creative solutions to complex issues that directly or indirectly impact close or forecasting and upstream or downstream processes or systems and uses data and modeling to create business insights and influence action with senior management. Responsibilities includes:

• Investigate and reconcile differences between spending and absorption cost for all internal factories manufacturing Intel products.
• Investigate and reconcile differences between volume from ICOST and source system.
• Oversee the correct application of the Cost of Sales accounting policy. Flawlessly execute operations and SOX controls related to the role.
• Develop and automate proactive checks to identify potential issues before close and POR critical timeframe.
• Plan and schedule work to ensure the timely completion of interrelated independent tasks and projects with minimal direction.
• Collaborate with team members to increase data proficiency and technical skillsets - SQL, Power BI.
• Independently identify and implement opportunities to resolve gaps, improve, scale, or simplify tools and processes across teams.
• Use data to apply problem-solving methods and root cause issues; tackle root cause rather than symptoms, single point of contact for close and POR related issues.
• Build and manage relationships with key stakeholders such as FSM, ATM and Central Cost and Inventory Group. Challenge business partners when necessary.

Qualifications:

• Candidate must have a Bachelor's degree in Accounting, Administration, Finance, or Industrial Engineering with 3+ years of relevant experience.
• Must possess knowledge of semiconductor or manufacturing processes and demonstrate advanced proficiency in SQL querying.
• Experience with Power BI dashboarding and Microsoft Excel is a plus
• Knowledge of cost accounting policies, and SOX compliances are highly desired

Business group:

Join Intel's Finance Group, a key player in driving strategic business decisions that enhance shareholder value. Our team is dedicated to facilitating change and improvement across finance and the operations we support. As strategic partners, we lead acquisitions and inorganic growth initiatives, managing transactions from ideation to completion while serving as trusted advisors to executive leadership. We also design and support Intel’s IT infrastructure, driving e-Commerce and web services with a focus on robust security and identity protection. Our innovative supply chain solutions propel Intel’s market initiatives, ensuring seamless support and maximizing revenue opportunities. Additionally, we enhance employee experiences by maintaining Intel sites globally and advancing environmental sustainability efforts.

Posting Statement:

All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.

Work Model for this Role

This role will require an on-site presence. * Job posting details (such as work model, location or time type) are subject to change.