Accountant (Cost Analyst)

Posted 17 Hours Ago
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Penang, Daerah Timor Laut, Penang
Mid level
Artificial Intelligence • Cloud • Information Technology • Software • Semiconductor
Creating world-changing technology that enriches the lives of every person on earth.
The Role
The Cost Analyst will manage factory spending, perform reconciliations, explain variances, and collaborate with other teams to improve financial accuracy. Key responsibilities include using innovative analytics to identify issues, overseeing cost accounting policies, and building relationships with stakeholders.
Summary Generated by Built In

Job Details:

Job Description: 

1.The Cost Analyst will be responsible for factory spending, including charges associated with manufacturing products in all internal factories.

2. As part of the scope, the cost analyst will perform reconciliations and explain variances to ensure the spending and volume are reasonable and complete.

3. In addition, partners with Factory Cost Analysts and Central Cost and Inventory team to resolve material differences, identify opportunities for improvement, and drive actions to avoid impacts to the financial close or forecasting cycle.

4. The ideal candidate has the right mix of quantitative and business knowledge to identify problems or opportunities with advanced analytics solutions.

5. Independently develops innovative and creative solutions to complex issues that directly or indirectly impact close or forecasting and upstream or downstream processes or systems and uses data and modeling to create business insights and influence action with senior management.

6. Responsibilities includes

  • Investigate and reconcile differences between spending and absorption cost for all internal factories manufacturing Intel products.
  • Investigate and reconcile differences between volume from ICOST and source system.
  • Oversee the correct application of the Cost of Sales accounting policy.
  • Flawlessly execute operations and SOX controls related to the role.
  • Develop and automate proactive checks to identify potential issues before close and POR critical timeframe.
  • Plan and schedule work to ensure the timely completion of interrelated independent tasks and projects with minimal direction.
  • Collaborate with team members to increase data proficiency and technical skillsets - SQL, Power BI.
  • Independently identify and implement opportunities to resolve gaps, improve, scale, or simplify tools and processes across teams.
  • Use data to apply problem-solving methods and root cause issues; tackle root cause rather than symptoms, single point of contact for close and POR related issues.
  • Build and manage relationships with key stakeholders such as FSM, ATM and Central Cost and Inventory Group. Challenge business partners when necessary.

Qualifications:

  • Candidate must have a Bachelor's degree in Accounting, Administration, Finance, or Industrial Engineering with 3+ years of relevant experience.
  • Must possess knowledge of semiconductor or manufacturing processes and demonstrate advanced proficiency in SQL querying.
  • Experience with Power BI dashboarding and Microsoft Excel is a plus
  • Knowledge of cost accounting policies, and SOX compliances are highly desired

          

Job Type:Experienced Hire

Shift:Shift 1 (Malaysia)

Primary Location: Malaysia, Penang

Additional Locations:

Business group:As members of the Finance team, employees act as full partners in making and supporting business decisions that are aimed at maximizing shareholder value. Intel Finance has a strong focus on facilitating change and improvement both within finance and in the operations supported.

Posting Statement:All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.Position of TrustN/A

Work Model for this Role

This role will be eligible for our hybrid work model which allows employees to split their time between working on-site at their assigned Intel site and off-site. * Job posting details (such as work model, location or time type) are subject to change.

Top Skills

Power BI
SQL
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The Company
HQ: Santa Clara, CA
141,941 Employees
On-site Workplace
Year Founded: 1968

What We Do

Intel’s mission is to shape the future of technology to help create a better future for the entire world. By pushing forward in fields like AI, analytics and cloud-to-edge technology, Intel’s work is at the heart of countless innovations. From major breakthroughs like self-driving cars and rebuilding the coral reefs, to things that make everyday life better like blockbuster effects and improved shopping experiences — they’re all powered by Intel technology. With a career at Intel, you have the opportunity to help make the future more wonderful for everyone.

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