ON Semiconductor

Finance Analyst

ON Semiconductor • $90K — $120K *
San Jose, CA 95123In-Person
Finance & Insurance
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • BS in Accounting/Finance required; CPA or MBA preferred.
  • 5+ years of Accounting/Finance experience required; semiconductor industry strongly preferred.
  • Extensive experience with Oracle ERP preferred.
  • Strong communication skills, articulate, and able to explain complex issues clearly.
  • Flexible and open-minded approach to problem-solving.
  • Advanced experience in Excel and proficiency with Microsoft Office Suite (Outlook, Access, Word, PowerPoint).

Responsibilities

  • Prepare and distribute weekly financial tracking reports covering various metrics.
  • Analyze manufacturing financial performance against plan targets and highlight key variances.
  • Prepare and post monthly journal entries across multiple manufacturing sites.
  • Coordinate the upload of cost details into enterprise planning systems for accurate tracking.
  • Prepare monthly and quarterly close reports including various analyses.
  • Support quarterly forecast cycles by coordinating with finance and site teams for input gathering.
  • Partner with cross-functional teams to resolve discrepancies and ensure reporting consistency.

Benefits

  • Comprehensive health and wellness programs.
  • Retirement savings plan with company match.
  • Paid time off and paid holidays.
  • Professional development and training opportunities.
  • Flexible work arrangements.
Full Job Description
onsemi is currently seeking an experienced financial analyst to join our organization. The analyst will be the key member of our cost planning team, providing essential linkage between various manufacturing site controllers and BU controllers and corporate FP&A team. The main responsibility of the analyst is to participate in onsemi's monthly financial forecasting process and provide key elements of gross margin forecast.

Financial Reporting & Analysis
  • Prepare and distribute weekly financial tracking reports covering revenue shipments, earned value, scrap, foreign exchange risk & opportunity, capital expenditure payments, and site-level inventory roll forwards.
  • Analyze manufacturing financial performance against plan targets (AOP/BOQ/EOQ) and highlight key variances and trends for management review.

Month-End & Quarter-End Close
  • Prepare and post monthly journal entries across multiple manufacturing sites, including accruals, asset retirement obligations, inventory adjustments, and insurance allocations.
  • Coordinate the upload of cost details into enterprise planning systems to ensure accurate tracking and alignment with month-end close requirements.
  • Prepare monthly and quarterly close reports including days-of-inventory analysis, scrap reporting, overtime cost summaries, and journal entry reconciliations.

Forecast Consolidation & Planning Support
  • Support quarterly forecast cycles (BOQ/EOQ/AOP) by coordinating with BU Finance and site teams to gather inputs, validate assumptions, and prepare scrap forecasts and variance analyses.
  • Assist with forecast consolidation activities and ad hoc financial modeling as needed during planning cycles.

Cross-Functional Coordination & Process Improvement
  • Partner with site controllers, Supply Chain, and Business Unit Finance to resolve data discrepancies, confirm forecast targets, and ensure consistency across reporting platforms.
  • Contribute to automation and process improvement initiatives aimed at streamlining reporting workflows and reducing manual effort
  • Provide guidance and improvement ideas / trainings to site finance teams to improve efficiency
  • Assist in strategic technology P&L roll up and sharing of information with businesses
  • Support NPD costing process


Qualifications

  • BS in Accounting / Finance required; CPA or MBA preferred
  • 5+ years of Accounting/Finance experience required; semiconductor industry strongly preferred
  • Extensive experience with Oracle ERP preferred
  • Strong communication skills, articulate, and able to explain complex issues clearly
  • Flexible, open minded
  • Advanced experience in Excel and proficiency with Microsoft Office Suite (Outlook, Access, Word, PowerPoint)


More details about our company benefits can be found here:

https://www.onsemi.com/careers/career-benefits

About ON Semiconductor

The Farichild Semiconductor founders was called "Traitorous eight". - Robert Noyce (Intel Founder) - Gordon Moore (Intel Founder) - Eugene Kleiner (KPCB Founder) - Jay Last - Victor Grinich - Sheldon Roberts - Julius Blank - Jean Hoerni

ON Semiconductor Careers

Join the dynamic team at ON Semiconductor, a premier global provider of high-performance silicon solutions for energy-efficient electronics. This is an unparalleled opportunity to advance your career with a company at the forefront of technological innovation, environmental sustainability, and progressive employment practices.

Work You’ll Do

At ON Semiconductor, you will be part of a culture that thrives on diversity, innovation, and leadership. Our company is committed to nurturing talent and encouraging growth through comprehensive professional development and diversity training. As a member of our team, you will contribute to projects that shape the future of technology, working alongside over 30,000 dedicated professionals worldwide.

Explore Job Opportunities

Whether you're a seasoned professional looking for your next challenge or a recent graduate eager to put your degree to work, ON Semiconductor offers a range of career paths. Our job opportunities span from engineering to marketing, each position offering a chance to innovate and lead in your field.

Internship Programs

Kickstart your career with an ON Semiconductor internship. Our internships provide invaluable hands-on experience, networking opportunities, and insights into our day-to-day operations. You’ll work closely with experienced professionals and gain the skills necessary to excel in the semiconductor industry.

Professional Growth and Benefits

ON Semiconductor is deeply invested in the professional growth of its employees. We offer robust training programs, leadership development opportunities, and a supportive network to help you reach your career goals. Our benefits package is designed to support the diverse needs of our workforce, including health, wellness, and continuous learning.

Join Our Team

We are hiring! Search open positions that match your skills and interests on our Careers page. We look for passionate, curious, creative, and solution-driven team players. Prepare your resume, sharpen your interview skills, and get ready to make a significant impact at ON Semiconductor.

Stay Connected

Keep up to date with the latest at ON Semiconductor by reading our Careers Blog. Here, you’ll find career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here.

Job Alert Emails

Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at ON Semiconductor. Join ON Semiconductor today and be part of a team that values innovation, leadership, and a commitment to diversity and professional growth. Explore how you can contribute to our mission of creating a smarter, greener, more connected world.
Learn more about ON Semiconductor
Size
30,000 employees
Market Cap
$26.4 billion
Industry
Manufacturing & Automotive
Net Income
$234.2 million
Founded
1999
5 Year Trend
+11.5%
Revenue
$5.2 billion
NASDAQ
ON
* Ladders Estimates

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