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Job Description

Renesas is seeking a highly motivated professional with exceptional leadership & analytical skills to join us as a Senior Financial Analyst supporting one of Renesas Product Groups. The successful candidate will be a self-motivated, experienced, and highly analytical individual. This individual will partner with the division GM & teams to achieve goals, will analyze and report financial and operational results, monitor performance & recommend improvements, and lead the financial planning and forecasting processes. 

Responsibilities: 

  • Product Group budget and forecast planning and control, working closely with business leaders & teams.
  • Monthly & Quarterly monitoring (period end close, forecast/actual variance analysis, landing estimates, inventory and KPI progress, etc.)
  • Develop annual operating plan & monthly forecasts.
  • Create & maintain financial models & supporting analysis.
  •  Preparation of reporting materials for management reviews.
  • Improvement of FP&A operations, ad-hoc requests, etc.  

Qualifications

  • Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree or MBA is preferred.
  • Minimum 5 years of FP&A/Accounting related experience
  • Experience in the semiconductor industry highly desired. 
  • This position involves working with Japan, so the candidate will need to be willing to work in that timezone. 
  • High proficiency user of financial tools & systems such as Oracle EPM, SAP, Power BI,  Excel, Power-point
  • High energy, motivated individual, with ability to think creatively and quickly with minimal direction and information
  • Strong business and analytical skills; ability to multi-task, stay organized and prioritize deadlines in a continually evolving environment
  • Strong relationship building and communication skills, experience and desire to work cross-functionally and be a contributing team member
  • Demonstrated success supporting global organizations
  • The candidate needs to be located in Austin, TX. 
  • Applicants for this position must be currently authorized to work in the United States on a full-time basis. Renesas is unable to sponsor applicants for work visas for this position

Additional Information

The expected annual pay range for this position is $70K-95K . This position is also eligible for bonus opportunities. Please note that final offer amount will be dependent on geographic location, applicable experience, and skillset of the candidate.

Renesas offers a full range of elective benefits including medical, health savings account (with applicable medical plan), dental, vision, health and/or dependent care flexible spending accounts, pre-tax commuter benefits, life insurance, AD&D, and pet insurance. In addition to elective benefit options, benefited employees receive company-paid life insurance and AD&D, LTD, short term medical benefits as well as paid sick time, paid holidays, and accrued paid vacation. New employees will attend a detailed benefit orientation to learn more about our many benefits and resources

Renesas is an embedded semiconductor solution provider driven by its Purpose ‘To Make Our Lives Easier.’ As the industry’s leading expert in embedded processing with unmatched quality and system-level know-how, we have evolved to provide scalable and comprehensive semiconductor solutions for automotive, industrial, infrastructure, and IoT industries based on the broadest product portfolio, including High Performance Computing, Embedded Processing, Analog & Connectivity, and Power.
 
With a diverse team of over 22,000 professionals in more than 30 countries, we continue to expand our boundaries to offer enhanced user experiences through digitalization and usher into a new era of innovation. We design and develop sustainable, power-efficient solutions today that help people and communities thrive tomorrow, ‘To Make Our Lives Easier.’     
 
At Renesas, you can: 

  • Launch and advance your career in technical and business roles across four Product Groups and various corporate functions. You will have the opportunities to explore our hardware and software capabilities and try new things.  
  • Make a real impact by developing innovative products and solutions to meet our global customers' evolving needs and help make people’s lives easier, safe and secure. 
  • Maximize your performance and wellbeing in our flexible and inclusive work environment. Our people-first culture and global support system, including the remote work option and Employee Resource Groups, will help you excel from the first day.    

Are you ready to own your success and make your mark?  

Join Renesas. Shape Your Future with Us.  

Renesas Electronics is an equal opportunity and affirmative action employer, committed to celebrating diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by federal, state or local law. For more information, please read our Diversity & Inclusion Statement.

Renesas Electronics deals with dual-use technology that is subject to U.S. export controls regulations. Under these regulations it may be necessary for Renesas to obtain U.S. government export license prior to release of technology to certain persons. The decision whether or not to file or pursue an export license application is at the sole discretion of Renesas.

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$70000K
$95000K

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What You Should Know About Sr Financial Analyst, Renesas Electronics

Renesas is on the lookout for a dynamic Senior Financial Analyst to take the lead and support one of our innovative Product Groups based in Austin, Texas. If you’re a self-starter with a knack for financial analysis and exceptional leadership skills, this role is perfect for you! In this position, you’ll work closely with division General Managers and various teams, diving deep into financial and operational results while suggesting impactful improvements. You'll be managing budget and forecast planning, conducting comprehensive monthly and quarterly analyses, and building sophisticated financial models to support our decision-making process. Your insights will play a crucial role in developing annual operating plans and monthly forecasts that guide our financial strategies. The ideal candidate will not only have a strong background with at least five years in FP&A or Accounting but also bring high proficiency with tools like Oracle EPM and Power BI. If you're ready to be part of a passionate team pushing boundaries in semiconductor solutions, Renesas is your place to grow and make a tangible difference. We foster a work culture that values flexibility and inclusiveness, ensuring that you thrive while contributing significantly to our mission of 'To Make Our Lives Easier.' So, if you’re in Austin and looking for an exciting challenge, let’s connect! Your success story starts here at Renesas.

Frequently Asked Questions (FAQs) for Sr Financial Analyst Role at Renesas Electronics
What are the primary responsibilities of a Senior Financial Analyst at Renesas?

The Senior Financial Analyst at Renesas is responsible for supporting the Product Group through budget and forecast planning, conducting monthly and quarterly performance monitoring, preparing financial models, and providing insightful reporting for management reviews. This role also involves working cross-functionally with business leaders to enhance financial planning and operations.

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What qualifications does Renesas require for the Senior Financial Analyst position?

To qualify for the Senior Financial Analyst role at Renesas, candidates should hold a Bachelor’s degree in Finance, Accounting, Economics, or a related field, with a Master’s degree or MBA being preferred. Additionally, a minimum of five years of relevant FP&A or Accounting experience is required, as well as proficiency in financial tools like Oracle EPM and SAP.

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What experience is preferred for the Senior Financial Analyst role at Renesas?

Renesas prefers candidates who have experience working in the semiconductor industry for the Senior Financial Analyst position. A strong understanding of financial planning and analysis, coupled with the ability to communicate effectively across teams, is crucial for success in this role.

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What is the expected salary range for a Senior Financial Analyst at Renesas?

The expected annual pay range for the Senior Financial Analyst position at Renesas is between $70,000 and $95,000. This role is also eligible for bonus opportunities, with the final offer depending on geographic location, experience, and skills.

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What benefits does Renesas offer to Senior Financial Analysts?

Renesas offers a comprehensive benefits package for Senior Financial Analysts, including medical and dental coverage, health savings accounts, flexible spending accounts, paid holidays, vacation days, and life insurance. New employees will attend a detailed orientation to learn about the various benefits available.

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Common Interview Questions for Sr Financial Analyst
Can you describe your experience with budgeting and forecasting in your previous roles?

In my previous role, I managed the annual budgeting process and was responsible for preparing monthly forecasts. I collaborated closely with various department heads to gather input, analyze variances, and adjust forecasts based on business changes, ensuring all financial goals were met.

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How do you ensure accuracy in financial reporting?

I ensure accuracy by implementing rigorous quality control measures in my financial analysis process. This includes double-checking my calculations, utilizing financial modeling software effectively, and regularly consulting with colleagues to validate assumptions and results.

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What financial tools are you proficient in?

I have extensive experience with financial tools such as Oracle EPM, Power BI, and advanced Excel functions. My proficiency allows me to create detailed financial models and dashboards that provide valuable insights for decision-making.

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How do you handle tight deadlines in financial reporting?

I prioritize tasks by assessing which reports or analyses are most critical and breaking them into manageable steps. I also communicate proactively with my team to delegate effectively and ensure we meet deadlines without sacrificing accuracy.

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Can you give an example of how you've improved a financial process in your previous job?

In my previous position, I identified inefficiencies in the quarterly reporting process. By automating data collection using scripts, I reduced the time spent on manual entry by 30%, allowing our team to focus on analysis and insights rather than data gathering.

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Describe your experience working with cross-functional teams.

I have worked extensively with cross-functional teams, collaborating with marketing, operations, and sales departments to understand their financial needs and provide analyses that support their objectives. This collaboration helped align our financial goals with the overall business strategy.

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How do you approach variance analysis?

I approach variance analysis by first identifying significant discrepancies between forecasted and actual results. Following that, I drill down into the factors contributing to these variances, whether they are operational changes, market conditions, or budget misalignments, and provide actionable insights for future forecasts.

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What role do communication skills play in your job as a Senior Financial Analyst?

Communication skills are crucial as a Senior Financial Analyst because I need to convey complex financial concepts in a clear and concise manner to non-financial stakeholders. This ensures collaboration and understanding across the organization and promotes informed decision-making.

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How do you stay updated with financial regulations and industry trends?

I stay updated by regularly attending industry seminars, subscribing to financial publications, and participating in online forums. Networking with other professionals also enriches my knowledge of current trends and regulations impacting the financial landscape.

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Why do you want to work as a Senior Financial Analyst at Renesas?

I am particularly drawn to the Senior Financial Analyst role at Renesas because of the company’s commitment to innovation and sustainability in the semiconductor industry. I believe my skills and passion for analytics can contribute significantly to helping achieve Renesas’ mission of making lives easier.

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Renesas Electronics Corporation delivers trusted embedded design innovation with complete semiconductor solutions. Renesas provides quality and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Auto...

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Full-time, on-site
DATE POSTED
April 3, 2025

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