Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility, and digital healthcare, combat climate change, and reliably connect humans and the world. With revenue of more than $12 billion in FY23 and approximately 26,000 people globally working alongside 125,000 global customers, ADI ensures today’s innovators stay Ahead of What’s Possible. Learn more at www.analog.com and on LinkedIn.

          

We are seeking a highly skilled and experienced Principal Financial Analyst to join our Global Front-End Operations Finance team. The successful candidate will be responsible for overseeing financial analysis activities, providing insights to support business decision-making, and leading cost improvement initiatives at both sites. This role requires a strong analytical mindset, excellent leadership skills, and the ability to work both independently and collaboratively with various departments.

Key Responsibilities:

• Act as a Finance Business Partner to the Senior Management Team in Wilmington (wafer fabrication site) and Chelmsford (module assembly site), provide analysis and deliver insight that links financial reports to business strategies;
• Lead all aspects of financial close and forecasting process. Develop mechanism to facilitate automated financial forecasting modeling and minimize periodical close procedures
• Analyze variances to plan, partner with operations for root cause analysis, communicate findings to management, providing recommendations for spend improvements.
• Develop resolutions to complex problems requiring in-depth analysis and evaluation of variable factors; Cross-operations and sites financial performance benchmark for high impact processes to identify savings opportunities
• Collaborate closely with manufacturing operations leaders at both sites to support business decision-making, including scenario analysis, cost savings projects, process improvements, site loading allocation, make vs buy, financial analysis for long term strategy, and other ad hoc analyses.
• Drive the standard costing process & costing harmonization/standardization initiatives
• Facilitate monthly & quarterly inventory cycle counts observed by external auditors. Track all asset movements at both sites and maintain complete and accurate records in the system. Ensure proper accounting in accordance with US GAAP.

Qualifications:

• Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred.
• Minimum of 8 years of experience in financial analysis, in a manufacturing environment, preferably wafer fab
• Ability to work with minimal direction, often taking a lead role in problem resolution for functional/org level issues;
• Excellent project manager and creative thinker, having the ability to anticipate changes and directs or redirects efforts when needed;
• Strong presentation and interpersonal skills, having the ability to listen, interpret, influence Senior Management level, negotiate, inspire and challenge;
• Ability to challenge status quo; comfortable in proposing, justifying and executing improvements in processes.
• Proficiency in financial modeling and data analysis tools.
• Strong knowledge of US GAAP and standard costing. Government accounting experience is a plus
• Experience with SAP and Anaplan preferred

For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export  licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls.  As such, applicants for this position – except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) – may have to go through an export licensing review process.

Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.

EEO is the Law: Notice of Applicant Rights Under the Law.

Job Req Type: Experienced

          

Required Travel: Yes, 10% of the time

          

Shift Type: 1st Shift/Days