What are the responsibilities and job description for the Finance Manager position at Lam Research?
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
We are actively seeking candidates for a full-time exempt position. As a critical team member, the successful candidate will be part the Global Operations Finance team providing strategic and analytical financial guidance to the Global Supply Chain Management team within Lam's Global Operations. This position plays a key role in preparing and managing the operating expenses, headcount, capital expenditures, supplier risk assessments and overall financial control and SOX compliance of the Supply Chain organization.
What You’ll Do
The ideal candidate will provide financial support and expertise to the Company’s Global Operation function (Global Supply Chain Management) including financial forecasting, analysis, capital planning, accounting support and high levels of Business Partnering with key executive decision makers. Support Global Operations overall capital planning process and reporting, planning cycle support and ad hoc financial analysis.
Primary Activities
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.
Our Perks And Benefits
At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.
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
We are actively seeking candidates for a full-time exempt position. As a critical team member, the successful candidate will be part the Global Operations Finance team providing strategic and analytical financial guidance to the Global Supply Chain Management team within Lam's Global Operations. This position plays a key role in preparing and managing the operating expenses, headcount, capital expenditures, supplier risk assessments and overall financial control and SOX compliance of the Supply Chain organization.
What You’ll Do
The ideal candidate will provide financial support and expertise to the Company’s Global Operation function (Global Supply Chain Management) including financial forecasting, analysis, capital planning, accounting support and high levels of Business Partnering with key executive decision makers. Support Global Operations overall capital planning process and reporting, planning cycle support and ad hoc financial analysis.
Primary Activities
- Interacting with Business Partners supporting the Global Supply Chain Management forecast cycles:
- Supporting, analyzing, and assisting in the preparation and review of QXR operating expense budgets, forecast and providing spending analysis
- Developing budgeting, financial forecasting, operating plan and modeling tools
- Analyzing actual operating expense results and identifies key financial and operating issues to be addressed; quantifies actual results versus forecast
- Preparing QxR related presentations to help summarize spending and actual vs. forecast analysis and HC summaries in a comprehensive and easy-to-understand format
- Business partnering and decision support activities related to Supply Chain Operations and expansion of Supply Chain infrastructure to support our Asia based factories. Support other key commodity groups for make vs. buy decisions, project analytics and other investment activities.
- Key financial contact for all supplier financial risk assessments
- Preforming monthly/quarterly close processes and activities
- Performing Balance Sheet account reconciliations and analysis, fixed asset accounting and audits, accrual calculations, and other related accounting documents/schedules
- Assisting with requests related to internal/external audits and Sarbanes-Oxley compliance as needed
- Initiating and engaging in continuous process improvement
- Bachelor's degree or equivalent in Finance, MBA preferred, with minimun 7-10 years of Finance experience supporting a manufacturing environment, business unit or division
- Solid financial and accounting skills
- Ability to work cross-functionally and in a matrix environment
- Must be a self-starter, able to multi-task and work independently
- Strong technical abilities, including advanced Excel and experience with SAP/Power BI, WorkDay Adaptive
- Good analytical, organizational, planning and initiation skills
- Must be able to work well with people and promote a team environment
- Consistently demonstrate clear written and verbal communication skills to collaborate and build positive relationships with other Finance teams as well as other organizations to effectively make recommendations, implement process improvements, etc.
- Strong business skills and effective understanding of a manufacturing environment and the associated financial processes
- Ability to effectively analyze transactional level detail in an enterprise resource planning (ERP) system, preferably prior SAP experience
- Ability to multi-task, flexibility to reprioritize tasks in a constantly changing environment and completion of responsibilities by deadlines
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.
Our Perks And Benefits
At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.