Applied Materials Financial Analyst 

Israel, Center District, Rishon LeZion 

121502476

We are seeking an experienced and motivated finance analyst to oversee the financial management of our Inventory/Costing.
In the position, you will be responsible for managing inventory/costing items as well as the daily operations of the organization to help us maximize our results.

What will YOU do?

• Manage end-to-end inventory financial processes.
• Prepare monthly inventory analysis and reporting packages including robust and complex analysis and KPI to drive superior performance
• Prepare detailed and meaningful Inventory account reconciliations and journal entries with the proper documentation support.
• Undertake analysis on inventory levels, aging, and obsolescence and apply financial methods to prepare recommendations for policy/process improvements related to inventory tracking and accuracy
• Calculate Obsolescence & Excess of inventory reserves as well review Net Realizable Value (NRV) results and identify Q-end accruals.
• Maintain, analyze, and update bill of materials for Work in Process (WIP) and Finished Goods.
• Cost roll-up process - Periodic update of material standard costs and ongoing analysis of BOM structure.
• Support the creation and updates to inventory costing.
• Monitor and analyze inventory transfers/movements, and ensure compliance with Generally Accepted Accounting Principles (GAAP) and Corporate Policies
• Collaborates with the Operational departments to support overall department goals and objectives
• Support Accounting Manager & Finance team with special projects and workflow process improvements.
• Support accounting close review process and external audit through analysis of financial results as compared to prior periods and expectations.
• Ability to autonomously resolve inventory accounting issues and communicate results with management.
• Lead automation and transformation efforts of inventory accounting processes.
• Perform other duties as required to support the Finance team or internal stakeholders.

Qualifications & Experience

• BA in Economics or Business Management, CPA, MA/MBA an advantage
• At least 3 years of experience in a Hi-Tech/Global company
• Expert knowledge of Excel and PowerPoint, SAP (BPC)
• Good understanding of business processes and reporting needs in a global Finance organization
• Analytical mind with exceptional attention to detail
• Possess a positive, service-oriented attitude with excellent follow through on issues
• Fluent in English, both written and spoken

Master's Degree

7 - 10 Years

Full time

Assignee / Regular