Cost Financial Analyst

1 Month ago • 5 Years + • Financial Analysis • $95,913 PA - $144,599 PA

Job Summary

Job Description

The Cost Financial Analyst will be responsible for forecasting variances, manufacturing spending, and preparing analytical reports for management. Responsibilities include analyzing financial data, developing revenue and cost analyses, forecasting manufacturing spending, and developing reports to monitor business drivers. The analyst will also assist with ad hoc projects, improve system processes, and support the development of budgets and forecasts. This role requires strong analytical skills, experience with financial software systems, and the ability to manage multiple projects and deadlines.
Must have:
  • Build, analyze, and interpret financial data.
  • Develop revenue, manufacturing cost, and gross margin analyses.
  • Forecast variance accounts and analyze actual variances.
  • Develop analytical reports to monitor business drivers.
  • BA Accounting plus 5+ years of accounting experience.
Good to have:
  • Public Accounting experience.
  • Knowledge of U.S. GAAP.
  • Semiconductor experience.
  • Advanced working knowledge of Excel.
  • Experience with Oracle.
Perks:
  • Equity
  • Medical benefits
  • ESPP
  • 401K
  • Tuition reimbursement
  • Time off programs

Job Details

Cost Financial Analyst

Finance and Administration | San Jose, CA, United States 

JOB DESCRIPTION 

  • The Cost Financial Analyst will be responsible for forecasting variances, manufacturing spending and preparing analytical reports for management. The responsibilities include:
  • Hands-on ability to accurately build, analyze, interpret financial data and clearly articulate findings under tight deadlines
  • Develop revenue, manufacturing cost and gross margin analyses and reports by using standard cost
  • Forecast variance accounts and analyze actual variances
  • Forecast manufacturing spending accounts using drivers
  • Excellent financial and analytical skills with demonstrated ability to quickly work through, organize and manage large sets of data
  • Develop analytical reports to monitor drivers of the business
  • Assist with ad hoc revenue and cost projects and financial reports as needed
  • Independently improve Oracle system processes and automate reconciliation and manual processes
  • Demonstrated experience in supporting the development of budgets and forecasts or other related financial data
  • Forecast R&D spending accounts
  • Responsible for certain components of worldwide revenue close
  • Strong interpersonal skills with a can-do attitude, willingness to learn, and a high emphasis on teamwork and collaboration
  • Assist with ad hoc revenue and cost projects and financial reports as needed

WORK REQUIREMENTS

  • BA Accounting plus 5+ years of related accounting experience
  • Public Accounting a plus
  • Knowledge of U.S. GAAP
  • Semiconductor experience preferred
  • Present strong problem solving, analytical, multi-tasking, and organizational skills
  • Demonstrate the ability to manage multiple projects and prioritize workload effectively and independently
  • Present strong computer skills, such as advanced working knowledge of Excel
  • Hands-on experience with an enterprise-level financial software system, such as Oracle
  • Showing competencies in taking initiative, working independently or as part of a team and meeting tight deadlines

 

Power Integrations is committed to building teams that drive innovation and therefore reviews a range of factors when determining compensation. The annual base pay range for this position is $95,913 to $144,599. 
 
Our salary ranges are determined by role, level, qualifications, and work location. The range displayed on the job posting reflects the minimum and maximum target for new hire salaries for this position in California. Within the range, individual pay is determined by additional factors, including job-related skills, experience, and relevant education or training.
 
Power Integrations also offers to our eligible employees a comprehensive total rewards package that includes equity, medical benefits, ESPP, 401K, tuition reimbursement and time off programs. For additional benefits, please visit https://www.power.com/company/our-sustainability-priorities/people-our-engine-innovation.

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About The Company

Power Integrations competes for the best talent. Our compensation packages consist of salary and equity, and they are commensurate with accomplishment. We offer a full suite of benefits. It is the policy of Power Integrations to provide equal employment opportunity for all employment applicants and employees without regard to prohibited considerations of race, color, religion, gender, gender identity, gender expression, sexual orientation, age, physical disability, mental disability, marital status, or any other classification protected by applicable local, state or federal laws.

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