Service Business Unit Financial Analyst - (B3)

Who We Are

Applied Materials is the 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 work beyond the cutting-edge, continuously pushing the boundaries of science and engineering to make possible the next generations of technology, join us to Make Possible® a Better Future. 

What We Offer

Salary:

$106,000.00 - $146,000.00

Location:

Santa Clara,CA

At Applied, we prioritize the well-being of you and your family and encourage you to bring your best self to work. Your happiness, health, and resiliency are at the core of our benefits and wellness programs. Our robust total rewards package makes it easier to take care of your whole self and your whole family. 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. 

You’ll also 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 about careers at Applied.

Job Posting Title - Service Business Unit Financial Analyst - B3

Job Description Summary

Requires in-depth knowledge and experience. Uses best practices and knowledge of internal or external business issues to improve products or services. Solves complex problems; takes a new perspective using existing solutions. Works independently, receives minimal guidance. Acts as a resource for colleagues with less experience.

Key Responsibilities

1. Lead and facilitate engagement between finance and non-finance executives to drive decisions for the service business you support

2. Work with business partners on new product development, drive the development unit cost model and associated economics broken down by major cost components and develop the following:

• Key cost drivers within each cost component and the impact of variability on these drivers on the overall cost of service
• Identify the key cost reduction roadmap for each cost component as relevant. Identify assumed impact, timing and actions required.
• Prepare 4-8 Qtr. customer engagement plan, revenue and margin plan by product, units, ASP and cost
• Prepare valuation model of the incremental value the product creates relative to the investment required and associated risks

3.   Identify opportunities to improve near term financial performance and to focus on the strategic priorities necessary to achieve the longer term profitable growth targets for the business you support

• Prepare QoQ and YoY revenue and standard margin analysis, monitor performance throughout the quarter
• Continuously identify and track 'execution opportunities' to improve standard margins, identify issues, help address/improve, track impact
• Identify and communicate cost model outliers to ensure accurate costing information
• Build KPI / trackers to prioritize management around the highest value opportunities and critical strategic priorities

4. Work with business development to verify cost models and build the business case for new service offerings, quantify consequence of no agreement, help align/rationalize walk away price and manage risk

5. Manage investment spending, develop ROI analyses on new projects and prioritize investments accordingly

6. Provide support for special projects and/or M&A activities

Key Expectations

• Continuously develop your knowledge of our business environment
• Effectively work within cross functional teams and drive results
• Be curious to understand the drivers of top and bottom line growth

Education/Experience

• Bachelor's or Master's Degree
• 3 - 7 Years of Experience
• Advanced Excel skill required; Working knowledge of Tableau/Power BI/SQL preferred

Applied Materials is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected Veterans and Individuals with Disabilities.

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

Yes, 10% of the Time

Relocation Eligible:

No

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.