New Product Finance Controller - B5

Who We Are

Applied Materials is the global leader in materials science and engineering solutions that are at the foundation of virtually every new semiconductor chip and advanced display in the world. The equipment that we create and service is essential to advancing AI and accelerating the commercialization of next-generation semiconductor chips. Join us and push the boundaries of materials science and engineering in a company at the foundation of the electronics industry. The work we do together advances the world’s technology.

What We Offer

Salary:

$154,000.00 - $212,000.00

Location:

Santa Clara,CA

You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more.

At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits.

Key Responsibilities

1. Portfolio Finance Leadership

• Lead the BU's development and investment portfolio process, including prioritization, funding recommendations, and resource allocation.
• Partner with Engineering and Product Management teams to evaluate new product investments using ROI, NPV, cash flow, and scenario analyses.
• Drive portfolio governance through established operating cadences, including Product Portfolio Reviews, Quarterly planning, IRBs, and Enterprise Portfolio Reviews.
• Develop and maintain business cases for major R&D investments, platform developments, and strategic growth initiatives.
• Provide independent financial assessment of portfolio risks, investment returns, milestone achievement, and commercialization readiness.
• Recommend portfolio tradeoffs, funding shifts, acceleration opportunities, and program exits based on strategic and financial performance.
• Support annual planning, strategic reviews, and long-range portfolio roadmaps.

2. Business Unit Financial Stewardship

• Own BU P&L performance, including revenue, gross margin, operating expenses, headcount, and profitability.
• Lead monthly forecasting, quarterly outlooks, annual operating planning, and long-range strategic plans.
• Analyze business performance, identify risks and opportunities, and drive corrective actions with leadership teams.
• Develop actionable financial insights related to product mix, pricing, volume, profitability, and investment returns.
• Support strategic decisions regarding market expansion, customer opportunities, partnerships, and business development initiatives.
• Deliver executive-level financial reviews and recommendations to senior leadership.

3. Controller & Governance Responsibilities

• Ensure financial results comply with corporate accounting policies, controls, and governance requirements.
• Partner with Accounting and Finance ACE / COEs on close activities, accruals, reserves, capitalization, and financial reporting.
• Provide oversight of spend management and investment execution versus approved budgets.
• Lead financial risk assessments and ensure adequate controls are maintained across the organization.
• Support internal and external audit requirements and maintain strong SOX compliance practices.
• Drive consistency and data integrity across planning, reporting, and financial management systems.

4. Strategic Business Partnership

• Serve as trusted advisor to the GM and leadership team on financial, operational, and strategic matters.
• Influence decisions related to technology investments, product roadmaps, talent deployment, capacity planning, and productivity initiatives.
• Lead financial modeling and scenario planning for acquisitions, partnerships, new product introductions, and business transformations.
• Translate complex financial data into clear recommendations and executive narratives.
• Drive accountability for business outcomes and operational execution.

Functional Knowledge

• Regarded as the technical expert in their particular field
• Demonstrates in-depth and/or breadth of expertise in own discipline and broad knowledge of other disciplines within the function

Business Expertise

• Anticipates business and regulatory issues; recommends product, process or service improvements

Leadership

• Leads projects with notable risk and complexity; develops the strategy for project execution

Problem Solving

• Solves unique and complex problems with broad impact on the business; requires conceptual and innovative thinking to develop solutions

Impact

• Impacts the direction and resource allocation for program, project or services; works within general functional policies and industry guidelines

Interpersonal Skills

• Communicates complex ideas, anticipates potential objections and persuades others, often at senior levels, to adopt a different point of view

Required

• Bachelor's degree in Finance, Accounting, Economics, Engineering, or related field.
• 10+ years of progressive finance experience in FP&A, business finance, portfolio finance, controllership, or strategic finance.
• Experience supporting technology, engineering, semiconductor, capital equipment, or product-oriented organizations.
• Strong financial modeling experience including NPV, ROI, DCF, scenario analysis, and capital allocation frameworks.
• Proven leadership experience influencing executive and cross-functional stakeholders.
• Strong understanding of financial planning, forecasting, reporting, and accounting principles.

Preferred

• MBA, CPA, CMA, or equivalent advanced qualification.
• Experience supporting R&D-intensive organizations and product development portfolios.
• Experience with portfolio management processes, project funding governance, and investment review boards.
• Knowledge of SAP, BPC, Anaplan, PRM, and enterprise planning systems.
• Experience leading finance teams within complex, global organizations.

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

No

Relocation Eligible:

Yes

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

In addition, Applied endeavors to make our careers site accessible to all users. If you would like to contact us regarding accessibility of our website or need assistance completing the application process, please contact us via e-mail at [email protected], or by calling our HR Direct Help Line at 877-612-7547, option 1, and following the prompts to speak to an HR Advisor. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.