What are the responsibilities and job description for the Financial Analyst position at onsemi?
onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and smarter world.
onsemi is seeking a self-driven and motivated professional to join our Finance team as a Senior Financial Analyst at its corporate headquarters in Scottdale, Arizona. The role will drive the costing solution on a Next Generation Inventory System Project:
Responsibilities:
- Drive the standard costing solution on the Next Generation Inventory System and will help usher in a new system including new processes and reporting tools
- Manage and drive Project Deliverables: Requirement Definition, Use Cases, Testing documentation, End User Training.
- Design Next Generation Costing System – including Cost Routings, Standard Cost Roll-Up, and General Ledger Accounting Requirements
- Assist management with training and coaching across the organization
- Costing and finance decisions on new manufacturing flows and business processes
- Configuration and review of Cost Accounting and Manufacturing Finance design elements
- Business partner with Global Cost Accounting, Manufacturing and Business Unit Finance, Tax, Global Supply Chain Organization, and IT teams
- P&L and Balance Sheet account analysis; especially pertaining to inventory, manufacturing, and variance accounts
- Reconciliation and tracing of inventory transactions; determining impact to financial results and downstream processes like vendor payments, inventory valuation, costing variances, etc.
- Assist in month-end closing, preparing monthly journal entries and account reconciliations, analyze inventory valuation, inventory roll forward
- Communicating and preparing materials for both internal and external auditors
- Work with IT to design and maintain Reports specific to costing, inventory, and Mfg variances
- Assist with special projects and requests from leadership as needed
Bachelor's degree in finance, accounting and/or business related field. CPA or MBA a plus- 5 years of demonstrated work experience including Cost Accounting experience.
- Strong understanding of Cost Accounting / Systems and Manufacturing Finance concepts.
- Experience with Costing system design and ERP implementations
- Experience with Oracle Cost Management or Cloud Costing, a plus
- Semiconductor Manufacturing experience, a plus
- QlikView, Tableau experience or similar dashboard reporting preferred.
- Proficient at working with large datasets in MS Excel along with strong skills in other MS applications (Office, Word, PowerPoint) required.
- Demonstrated ability to organize and manage multiple priorities in a quick moving and change oriented environment. Must be able to effectively prioritize projects and meet critical deadlines.
- Ability to work independently and in teams.
- Able to effectively collaborate with non-local resources and establish solid relationships.
- Excellent written/verbal communication skills with the ability to present findings and interact cross-functionally at all levels of the organization
- High energy level and genuine passion for the work. Desire to grow in the role.
- Position requires up to 10% travel
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If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact US.HR@onsemi.com for assistance.
