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IAO Cost and Inventory Accounting Projects Analyst

Job Details:

Job Description: 

The Cost and Inventory GPO team within Corporate Accounting Office is responsible of the design and execution of Intel's inventory processes.
We are amid a tremendous amount of change and this role will play a big part into defining and designing the future state of how we operate within Cost and Inventory. As we continue Intel's biggest transformation into our IDM 2.0 Foundry model, the GPO team is designated to identify, design, and deliver Cost and Inventory capabilities and processes to meet new business needs. This is an exciting opportunity to be front and center as we enable Intel's future.


Key Responsibilities:

  • The IAO Cost and Inventory Accounting Projects Analyst is a key role within the Cl Global Process Owner group responsible for:

  • ERP Support:

  • Lead, review, and provide inputs for the next generation (SAP) cost and inventory system, specifically related to Intel Products and Intel Corporation:

a) Business Process design

b) Functional design spec

c) Functional unit test

d) Cutover plan

  • Price - Cost Test

  • Provide inputs to:

  • Process flows, Solution Design Decision, Security roles, and Change Impacts

  • Integrate the Demand Planning process/output, Spending Forecasts, and Intel Products Standard Cost modeling into the new ERP costing system

  • Prepare and execute

  • User Acceptance testing

  • Merger and Acquisition Accounting Support:

  • Develop Inventory and Cost Of Sales positions for Merger and Acquisition (M and A) related projects.

  • Support M and A team and other stakeholders with Inventory information related to plant codes, locations, movements, and reconciliations related to M and A Projects.

  • Where M and A Projects require a change to Cost and inventory Processes, align with stakeholders across Intel to design and implement changes to the Cost and inventory processes.

  • Act as a liaison between the accounting organizations and the Costing technical team to implement any system changes that may be necessary for the given project.

  • Post or Approve Journal Entries related to project activity.

  • Responsible for inventory and cost of sales reconciliations.

The ideal candidate will have the following behavioral traits:

  • High tolerance for ambiguity: Comfortable with ambiguous or uncertain situations and have an ability to operate effectively in an uncertain environment by considering a range of creative solutions or options.

  • Problem-solving: Identify breakdowns, analyze potential causes, create innovate solutions. IAO is fast moving and dynamic environment.

  • Subject Matter Expertise: Deep understanding of Cost and Inventory subject matter along with Operation finance supporting factories or Business Unit to help identify pain points and critical needs.

  • Stakeholder management and Business Partnering: Build strong relationships with stakeholders and operational teams to align priorities, synchronize plans, lead, and engage the right experts to design across functions, and influence recommended changes to optimize solutions.

  • Influencing: This role is individual contributor but also will work through others in the org as we build this capability. Must be comfortable with ambiguity.

  • Communication skills: Skills to effectively communicate across multiple stakeholders including finance, IT, accounting, audit, legal, and other stakeholders. Skills to present concise and impactful messages to senior leaders.

Qualifications:

Minimum qualifications are required to be initially considered for this position. Preferred qualifications are in addition to the minimum requirements and are considered a plus factor in identifying top candidates. This position is not eligible for Intel's immigration sponsorship.

Minimum Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or related field.

  • 2+ years of experience working with costing or standard costing systems.

  • 4+ years of experience with finance systems and processes.

  • Advanced English level: verbal, writing and reading.


Preferred Qualifications

  • Basic Experience or knowledge of Intel's manufacturing processes.

          

Job Type:

Experienced Hire

Shift:

Shift 1 (Costa Rica)

Primary Location: 

Costa Rica, San Jose

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 Trust

N/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.

Average salary estimate

$70000 / YEARLY (est.)
min
max
$60000K
$80000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About IAO Cost and Inventory Accounting Projects Analyst, Intel

Are you ready to make a significant impact in a fast-paced environment? Join Intel as an IAO Cost and Inventory Accounting Projects Analyst in beautiful San Jose, Costa Rica! This essential role within the Corporate Accounting Office's Cost and Inventory GPO team involves the exciting opportunity to shape and refine the future of Intel's inventory processes during its transformation into the IDM 2.0 Foundry model. You will lead the charge in enhancing Intel's next-generation ERP systems, particularly focusing on cost and inventory related to Intel Products. Dive into responsibilities that include enterprise resource planning support, preparing user acceptance testing, and providing crucial inputs for mergers and acquisitions accounting support. Being a part of this team means collaborating with stakeholders across departments to identify pain points and optimize solutions effectively. We’re looking for someone with exceptional problem-solving skills, a deep understanding of cost and inventory subject matter, and the ability to build strong relationships with various partners including finance, IT, and operations. Your expertise will be imperative in navigating the complexities of our dynamic environment, making a real difference in our operational processes. If you have a Bachelor's degree in Accounting, Finance, or Business Administration and 2+ years of experience with costing systems, we want to hear from you! Join us at Intel as we revolutionize how we approach cost and inventory, paving the way for our future success together.

Frequently Asked Questions (FAQs) for IAO Cost and Inventory Accounting Projects Analyst Role at Intel
What are the key responsibilities of the IAO Cost and Inventory Accounting Projects Analyst at Intel?

The IAO Cost and Inventory Accounting Projects Analyst at Intel plays a crucial role in the design and execution of inventory processes. Key responsibilities include leading the next-generation ERP (SAP) system implementation, preparing user acceptance testing, developing inventory and cost of sales positions for mergers and acquisitions, and ensuring smooth integration of various financial systems and processes.

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What qualifications do I need to become an IAO Cost and Inventory Accounting Projects Analyst at Intel?

To qualify for the IAO Cost and Inventory Accounting Projects Analyst position at Intel, candidates typically need a Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Additionally, possessing 2+ years of experience with costing systems and 4+ years in finance processes is preferred, along with advanced English proficiency.

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What skills are essential for the IAO Cost and Inventory Accounting Projects Analyst role at Intel?

Essential skills for the IAO Cost and Inventory Accounting Projects Analyst role at Intel include strong problem-solving competencies, stakeholder management abilities, and effective communication skills. An understanding of cost and inventory practices, alongside the capacity to thrive in ambiguous situations, is also key to success in this dynamic environment.

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How does the IAO Cost and Inventory Accounting Projects Analyst contribute to Mergers and Acquisitions at Intel?

The IAO Cost and Inventory Accounting Projects Analyst contributes significantly to Mergers and Acquisitions at Intel by developing accurate inventory and cost of sales positions for related projects. They liaise with stakeholders to provide necessary inventory information, ensuring compliance and smooth integration into the company’s financial processes.

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What is the work model for the IAO Cost and Inventory Accounting Projects Analyst position at Intel?

The IAO Cost and Inventory Accounting Projects Analyst position at Intel is eligible for a hybrid work model. This allows employees to balance their time between working on-site at Intel’s location in San Jose, Costa Rica, and off-site, enhancing flexibility and work-life balance.

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Common Interview Questions for IAO Cost and Inventory Accounting Projects Analyst
Can you describe your experience with costing and inventory systems?

When answering this question, highlight specific projects or roles where you utilized costing and inventory systems. Discuss the types of systems you've worked with, any challenges faced, and how you improved processes or resolved issues.

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How do you approach problem-solving in a fast-paced work environment?

For this question, share a relevant example that showcases your problem-solving skills. Highlight the steps you took to identify the issue, analyze potential causes, and implement a solution quickly and effectively in a dynamic setting.

Join Rise to see the full answer
What is your understanding of ERP systems, particularly SAP, and their role in cost accounting?

Discuss your familiarity with ERP systems, especially SAP. You can explain how these systems streamlining inventory and cost accounting processes and provide any experiences you've had working with SAP or similar platforms in enhancing business efficiency.

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How do you manage stakeholder relationships in a project?

Detail your strategy for building and maintaining strong relationships with stakeholders. You might mention regular communication practices, understanding their needs, and how collaboration leads to successful project outcomes.

Join Rise to see the full answer
Describe a time when you had to adapt to significant changes in a project.

Provide a specific situation where changes occurred unexpectedly, and outline how you adapted your approach. Discuss aspects like communication with team members, re-evaluating project scopes, or managing deadlines.

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What role do you believe communication plays in project success?

Explain that effective communication is essential for aligning team objectives, sharing updates, and addressing concerns. Illustrate this with an example where communication positively impacted a project's progression.

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How do you ensure accuracy in your accounting processes?

Share the methods you use to ensure data accuracy, like double-checking figures, using automated tools for calculations, and conducting regular audits or reconciliations to maintain integrity in financial reporting.

Join Rise to see the full answer
What steps do you take to stay organized when managing multiple projects?

Detail your organizational strategies, such as prioritizing tasks by deadlines, using project management tools, and scheduling regular check-ins to ensure that you stay on track with all responsibilities.

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How familiar are you with merger and acquisition accounting principles?

Discuss your understanding of merger and acquisition accounting, including how to assess inventory positions and cost of sales in these transactions, as well as any relevant experiences you've had.

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What motivates you to work in a cost and inventory-focused role?

Express your passion for finance and accounting, specifically how the nuances of cost and inventory excite you. Relate any personal experiences or successes that reflect your dedication to this career path.

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MATCH
VIEW MATCH
BADGES
Badge ChangemakerBadge Diversity ChampionBadge Flexible CultureBadge Global CitizenBadge Work&Life Balance
CULTURE VALUES
Inclusive & Diverse
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Growth & Learning
Transparent & Candid
Customer-Centric
BENEFITS & PERKS
Snacks
Onsite Gym
Family Coverage (Insurance)
Medical Insurance
Dental Insurance
Vision Insurance
Mental Health Resources
Life insurance
Disability Insurance
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Learning & Development
Paid Time-Off
401K Matching
Maternity Leave
Paternity Leave
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
March 27, 2025

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