Profitability Lead

Who We Are

Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world. 

What We Offer

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Location:

You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more. 

At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits. 

Job Description

This position reports directly to the Epi Business Unit CFO.  As a key finance business partner, the candidate will anticipate internal and/or external business challenges and actively influence management with critical analysis and sound business advice. This role collaborates with various cross-functional organizations globally and requires the ability to provide solutions to complex problems. Works independently to support a complex and growing business with a diverse set of new and existing products serving high share applications.

Major Responsibilities:

This is a dynamic role that will enable the candidate to own responsibilities in financial analysis & reporting. Will hold profitability management and optimization in partnership with Operations, Business Management, and other key stakeholders. The position requires an individual who is eager to work across functions and levels to provide valued Finance support and consultation.

• Business partnering with executive management team; primary finance partner for the business unit COO and operations team.
• Strategic financial planning, measurement and execution around gross margin initiatives
• Gross Margin Leadership team swim lane execution & tracking (I&W, Period, Burden, Variance, MCOS savings)
• Analysis of strategic inventory decisions and ROI, responsible for driving execution to annual targets/metrics.
• Owner of Sequoia and GMLT product/program cost targeting and execution
• Owner for BU SOP reviews
• Forecasting & delivering predictable financial results, or where current model is off, is responsible for developing and driving mitigation/execution to get back on track.
• Cadence focal and coordinator for all financial submissions
• Close/GAAP, including balance sheet management
• Process improvement in collaboration with peers in SPG

Key Competencies

• Business Acumen – business/financial concepts, processes and practices for sound decisions
• Business Partnering - creating a real and active partnership with both operations and management.  Provide 'real time' support and analysis to add value in decision making
• Data Analytics - data analysis tools to sort through and analyze data to identify factors impacting performance and to gain greater insight into trends
• Data Gathering/Reporting - tools, techniques and processes for gathering/reporting data for measuring business results, objectives & strategies
• Financial Forecasting & Modeling - processes, tools, and techniques for exploring and evaluating alternative financial scenarios and results
• Flexibility & Adaptability - approaches, tools, and techniques for dealing with a changing environment
• Influencing - ability to impact decisions within and outside own organization
• Initiative - self-motivation, ability and drive to seek out work and accomplish goals
• Org Change Management – effect change in an organization; ability to manage successful transition from current to desired culture, practices, structure, and environment
• Problem Solving/Critical Thinking - approaches, tools, techniques for solving problems & making sound recommendations
• Very strong Excel skills, including modeling
• Strong communication, including presentation skills
• Basic or intermediate accounting knowledge

Education & Experience

BS degree in Accounting or Finance; MBA preferred

5+ years of experience, semiconductor equipment or components manufacturing preferred

Additional Information

Time Type:

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Relocation Eligible:

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

In addition, Applied endeavors to make our careers site accessible to all users. If you would like to contact us regarding accessibility of our website or need assistance completing the application process, please contact us via e-mail at Accommodations_Program@amat.com, or by calling our HR Direct Help Line at 877-612-7547, option 1, and following the prompts to speak to an HR Advisor. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.