SPG Finance Manager, ICAPS - (M5)

About Applied Materials

Applied Materials is the global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our innovations make possible™ the technology shaping the future. We are committed to building a robust Culture of Inclusion (COI) that drives innovation, builds organizational capabilities, and creates equal opportunities for all.

Role Summary

This role supports the ICAPS business unit, which spans across device markets from Mature Logic to specialty segments such as, Power, Analog, MEMS, and RF. The candidate will apply financial expertise to standardize business processes, solve complex problems, and guide investment decisions for profitable growth. As a key finance business partner, the candidate will manage the product portfolio across multiple KPUs and technologies tailored to ICAPS customers.

Key Responsibilities

Portfolio Management & Strategic Planning

• Lead the development and presentation of the ICAPS portfolio resource plan (headcount, spend, Capex) to BU and Segment ELT, ensuring alignment with program priorities and risk mitigation.
• Own long-term strategic planning for portfolio resources, balancing growth objectives with operational efficiency.
• Drive project funding prioritization, including scope definition, timeline management, valuation modeling, approval workflows, and execution oversight.
• Monitor product program milestones and proactively address execution gaps through corrective actions.

Financial Modeling & Decision Support

• Maintain and present quarterly updates of business case NPV models (Revenue, COS, Opex, Cashflow) to senior leadership.
• Provide scenario-based financial analysis to support decision-making (e.g., budget cutlines, ramp impacts, program sunset planning).
• Partner with portfolio owners to optimize resource allocation, track capital spend, and measure productivity.

Data & Systems Enablement

• Champion the adoption and effective use of financial tools (Anaplan, SAP BPC, Tableau, PRM) for R&D spend analysis and reporting.
• Collaborate with ACE near-shore finance teams to ensure accurate budget capture and planning.
• Ensure data integrity and support leadership in crafting the financial narrative for the business unit.

Virtual P&L Ownership

• Own and manage the virtual P&L for the ICAPS product portfolio, ensuring alignment between engineering investments and business outcomes.
• Track and report on revenue, cost of sales, gross margin, and operating expenses across programs and KPUs.
• Partner with product marketing and operations to forecast and optimize profitability throughout the product lifecycle—from development to ramp and end-of-life.
• Provide insights into margin drivers and cost structures to support pricing strategies and customer negotiations.
• Lead quarterly and annual reviews of virtual P&L performance with BU leadership, highlighting risks, opportunities, and recommended actions.

Qualifications & Preferred Experience

• 7–10 years of progressive corporate finance experience, ideally within semiconductor equipment or manufacturing.
• 2+ years of people management experience preferred.
• MBA preferred; strong foundation in accounting and financial modeling.
• Advanced Excel skills; proficiency in Anaplan, SAP BPC, Tableau, and PRM.
• Exceptional analytical, organizational, and project management capabilities.
• Executive-level communication skills with the ability to influence cross-functional stakeholders.
• Key attributes: Assertiveness, initiative, intellectual curiosity, collaboration, and strong business acumen.

Qualifications

Education:

Master's Degree

Skills

Certifications:

Languages:

Years of Experience:

7 - 10 Years

Work Experience:

Additional Information

Shift:

10-Day 8-Hr (United States of America)

Travel:

No

Relocation Eligible:

Yes

U.S. Salary Range:

$158,500.00 - $218,000.00

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 committed to diversity in the workplace. All 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.