Financial Analyst

About Our Client My client is a global technology leader in semiconductor process control and yield management solutions. The company develops advanced inspection, metrology, and data analytics systems that enable semiconductor manufacturers to improve process control, enhance product quality, and maximize manufacturing yield. Serving leading chipmakers and electronics companies worldwide, my client also provides innovative solutions for the electronics, packaging, printed circuit board (PCB), and display industries. With a strong focus on innovation, precision engineering, and customer collaboration, my client plays a critical role in advancing the technologies that power today's digital world. Position Summary: The Financial Analyst plays a key role in supporting the manufacturing operations by delivering accurate financial reporting, cost analysis, budgeting, forecasting, and business performance insights. This role is responsible for driving month-end financial close activities, standard costing, variance analysis, and inventory reporting while partnering closely with Operations and cross-functional teams to support strategic decision-making. The successful candidate will provide meaningful financial insights, identify cost-saving opportunities, and ensure the integrity of financial data to achieve operational and financial targets. In addition, the role will lead standard costing processes in SAP, support financial planning and forecasting, and drive continuous process improvements through automation and AI-enabled tools to enhance reporting efficiency and business performance. Strong analytical skills, business partnering capabilities, and the ability to thrive in a fast-paced manufacturing environment are essential for success in this role. Key responsibilities Variance analysis and Reportng • Perform month-end closing activities for operations and provide timely financial reporting and analysis. • Conduct cost performance and variance analysis, providing actionable insights to Operations Management. • Perform SAP variance analysis and communicate business impacts effectively to Operations, supporting the achievement of cost and inventory targets. • Prepare and present financial results to key stakeholders during Operations Reviews, Balance Sheet Reviews, and Monthly Forecast Reviews. • Interpret and communicate financial concepts and analyses clearly, tailoring the level of detail to suit different audiences. Budgeting & Forecasting • Independently coordinate with stakeholders to gather inputs for monthly forecasts, ORAM planning, and inventory projections. • Review, analyze, and validate budget and forecast submissions for accuracy and reasonableness, including consolidation and preparation of management reports and presentations. • Support the Controller in financial planning, budgeting, forecasting, and business performance analysis. • Continuously enhance financial planning and analysis methodologies, tools, and reporting processes to improve the quality and effectiveness of financial insights. • Provide financial information, analysis, and recommendations to the leadership team and global manufacturing organization to support strategic decision-making. Costing Processes • Lead the semi-annual standard cost update process in SAP, including costing of materials, manufacturing overhead, and cost simulations. • Partner with cross-functional teams to analyse standard cost changes and present findings for management review and approval. • Ensure the accuracy and integrity of standard costing data while identifying opportunities to improve costing processes. Others Responsibilities • Participate in special projects and undertake additional responsibilities assigned by the reporting manager. • Collaborate with cross-functional teams to ensure accurate financial reporting, robust analysis, and successful delivery of process improvement initiatives. • Leverage AI tools, automation, and digital technologies to streamline finance processes, improve operational efficiency, and enhance the quality, consistency, and timeliness of financial reporting and analysis. Requirement And Qualification Education and Experience • Bachelor's degree in Finance, Accounting, or a related discipline. • Minimum of 3 years of relevant finance or accounting experience, preferably within the manufacturing or semiconductor industry. • At least 3 years of hands-on experience in product costing, standard costing, or cost accounting. Skill…