Lead Financial Analyst
Bangalore, IN-Bangalore, IN
The Group You’ll Be A Part Of
The Global Finance Group drives financial strategies based on expert understanding of Lam's breakthrough technologies, the semiconductor market, and the global business environment. They manage our company's financials and relationships with our investor community to ensure we have the strong financial foundation to fuel innovation and growth.
The Impact You’ll Make
The Product Cost analyst is responsible for costing accuracy by closely collaborating with business partners and Business Unit Controllers/analysts. She/he will conduct product cost analysis that aids in the decision-making process and improve margins.
This role requires a strong Financial Analyst who can manage multiple initiatives in parallel, provide insightful analysis and report on costing, drive programs to continuously improve accuracy of results, support multiple business partners, and ensure the division’s goals are met for the company. The person must be able to multitask in a complex and demanding environment.
What You’ll Do
Primary Responsibilities:
- Support Quarterly forecast reviews (QxR), Annual Operating Planning (AOP)
- Partner with business units and other finance groups to build product cost forecasts
- Prepare and publish product margin analytics to improve costing forecast accuracy
- Develop costing models for various product lines
- Adhoc reporting (BOM analysis) and costing requests.
- Assist in cost roll process.
- Process Documentation.
- Month end close entries and account reconciliations.
Who We’re Looking For
- Attention to detail, well organized, high standard of accuracy and ability to multi-task
- Problem solving: Proactively and independently identifies issues and drives them to resolution
- Interpersonal skills: Proven ability to develop and maintain effective business partner relationships at all levels of the organization
- Excellent verbal and written communication skills. Must be able to summarize issues / analysis into simple and clear messaging and recommendation for senior management
- Systems expertise and efficiency: Strong SAP experience required.
- Work timings will be overlap with NA for 3-4 hours
Preferred Qualifications
- CA Inter/CWA Inter/ MBA with relevant experience in costing
- Understanding of US GAAP is a plus
- 6-7 years of relevant experience in costing environment
- Strong SAP experience required
- Strong Excel modeling skills required
- Manufacturing background required
Our Commitment
We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.
Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.
Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.
Job Segment:
ERP, SAP, Technology, Research