Cost Analyst

Job Description

The Cost Analyst will be responsible for USD4B per qtr of spending, including charges associated with manufacturing products in all internal factories. As part of the scope, the cost analyst will perform reconciliations and explain variances to ensure the spending and volume are reasonable and complete. 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. The ideal candidate has the right mix of quantitative and business knowledge to identify problems or opportunities with advanced analytics solutions. 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. Responsibilities include: 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.

Qualifications

Bachelor's Degree in Accounting or Finance
0-2 years of relevant experience.
Knowledge of Intel Manufacturing processes, Advanced Microsoft Excel, SQL Querying, or Power BI Dashboarding is a plus.

Inside this 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.

Benefits

We offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, as well as, benefit programs which include health, retirement, and vacation. Find more information about all of our Amazing Benefits here.

Working Model

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.