Finance Analyst
onsemi Tarlac City, Tarlac, Philippines
Semiconductor Manufacturing · 10,001+ employees
About the role
The Finance Analyst will prepare financial reports, conduct variance analysis, and support forecasting and long-range planning activities. They will also partner with business teams to provide insights, maintain financial models, and ensure compliance with accounting standards.
What they look for
Requirements
Candidates must hold a Bachelor's degree in Accountancy or Financial Management and possess at least 3 years of relevant experience in finance or accounting, preferably in manufacturing. Strong proficiency in financial modeling, Excel, and analytical skills is required.
Benefits
Full description
- Prepare and review monthly financial reports, management reports and performance dashboards.
- Analyze actual results versus budget, forecast and prior periods. Explain key drivers, risks, opportunities and provide insights on how to close gaps.
- Support monthly, quarterly and annual forecasting and long-range planning activities by gathering inputs, validating assumptions and preparing financial models.
- Develop and maintain financial models to support scenario analysis, business cases, cost studies, investment decisions and operational initiatives.
- Partner with business and operations teams to understand performance drivers, challenge assumptions and recommend corrective or improvement actions.
- Monitor revenue, cost and manufacturing variance to identify areas requiring management attention.
- Support month-end close activities through analysis, trend review, journal validation, account reconciliation follow-ups and variance explanations.
- Regularly prepare and update product costs including product cost analysis, margin analysis, cost roll-up results and explanations for significant cost movements.
- Provide strong financial control over CapEx, manufacturing spending tracking and related reporting.
- Prepare financial justification for capital investment projects, including ROI, payback period, NPV, IRR, cost-benefit analysis, risk assessment and alignment with business priorities.
- Ensure accuracy, completeness and consistency of financial data used for reporting and decision-making.
- Prepare clear presentations and commentary for review with operations, business partners, leaders and senior management.
- Identify opportunities to improve cost accuracy, reporting efficiency, inventory controls and manufacturing cost visibility.
- Drive process improvements, automation opportunities and standardization of reports, templates, and analytical tools.
- Provide guidance and review support to junior analysts to ensure quality and consistency of analysis.
- Maintain compliance with company policies, accounting standards, internal controls and reporting deadlines.
- Support internal controls, audit requirements and compliance with accounting policies related to costing and inventory.
- Perform other related duties and activities that may be assigned by immediate superior or management.
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.
More details about our company benefits can be found here:
https://www.onsemi.com/careers/career-benefits
We are committed to sourcing, attracting, and hiring high-performance innovators, while providing all candidates a positive recruitment experience that builds our brand as a great place to work.
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