What are the responsibilities and job description for the Senior Financial Analyst position at Power Integrations?
Description
Power Integrations is seeking a highly analytical and proactive Senior Financial Analyst to join our Financial Planning & Analysis (FP&A) team. This role requires an independent problem solver who can elevate our financial processes, provide strategic insights, and partner effectively across the organization. The ideal candidate will go beyond basic reporting to drive efficiencies and deliver value-add analyses that support our corporate objectives.
Key Responsibilities
Corporate Financial Planning
The range displayed on the job posting reflects the minimum and maximum target for new hire salaries for this position in California. Within the range, individual pay is determined by additional factors, including job-related skills, experience, and relevant education or training.
Power Integrations also offers to our eligible employees a comprehensive total rewards package that includes equity, medical benefits, ESPP, 401K, tuition reimbursement and time off programs. For additional benefits, please visit https://www.power.com/company/our-sustainability-priorities/people-our-engine-innovation.
Power Integrations is seeking a highly analytical and proactive Senior Financial Analyst to join our Financial Planning & Analysis (FP&A) team. This role requires an independent problem solver who can elevate our financial processes, provide strategic insights, and partner effectively across the organization. The ideal candidate will go beyond basic reporting to drive efficiencies and deliver value-add analyses that support our corporate objectives.
Key Responsibilities
Corporate Financial Planning
- Manage and distribute the Forecast and Budget planning Calander
- Perform Consolidation and AOP roll up for reporting purposes
- Support for the Strategic plan long term business model
- Co-ordinate respective rollups for the business and ensure consistency of templates and models across groups
- Cross functional collaboration with groups outside of FP&A
- Prepare monthly quarterly presentations for executive leadership and monthly reporting packages with commentary
- Support the earnings release process by providing necessary analytics and schedules
- Analyze financial data to identify trends and insights
- Drive and actively participate in the Worldwide Budget, Quarterly forecast, and rolling forecast processes.
- Lead month-end close activities by rigorously reviewing spending, managing complex accruals, and conducting comprehensive revenue/margin analyses.
- Update and analyze actual versus budget metrics monthly; utilize these insights to heavily influence and guide the forecast process
- Develop sophisticated spending drivers to help accurately forecast expenses and identify trends
- Provide monthly updates and strategic insights on capital purchases as compared to the forecast and budget
- Identify and implement process improvements to increase efficiency and accuracy
- Support financial systems implementations and upgrades
- Drive automation initiatives to reduce manual processes
- Education: Bachelor’s degree in finance, Accounting, or related fields (MBA or CPA highly preferred).
- Experience: Minimum of 5–7 years of relevant, progressive experience in financial planning, analysis, and accounting (elevated from the baseline 2-4 years).
- Financial Acumen: Advanced understanding and application of complex financial principles, concepts, practices, and standards.
- Modelling: Able to build out financials’ models
- Systems Proficiency: * Highly experienced with Oracle, Business Objects, and PowerPoint. Adaptive Insights experience preferred.
- Advanced proficiency in Excel, with the ability to use various formulas to efficiently and timely create dynamic analyses, including Vlookups, Sumif statements, nested If/Then statements, and Pivot Tables.
- Work Ethic: Independent, exceptionally detail-oriented, and diligent in the self-review of work product.
- Adaptability: A proven multi-tasker who handles competing priorities with ease while maintaining a positive attitude.
- Collaboration: A dedicated team player capable of building relationships across all levels within the organization.
- Drive: Proactive, assertive, unafraid to ask the right questions, and an innate problem solver.
The range displayed on the job posting reflects the minimum and maximum target for new hire salaries for this position in California. Within the range, individual pay is determined by additional factors, including job-related skills, experience, and relevant education or training.
Power Integrations also offers to our eligible employees a comprehensive total rewards package that includes equity, medical benefits, ESPP, 401K, tuition reimbursement and time off programs. For additional benefits, please visit https://www.power.com/company/our-sustainability-priorities/people-our-engine-innovation.
Salary : $110,000 - $140,000