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Sr Financial Analyst

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
  •  
  • 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 21,000 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. Let’s Shape the Future together.  

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.

Average salary estimate

$82500 / YEARLY (est.)
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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 passionate and highly skilled Sr Financial Analyst to join our team in Austin, TX. In this pivotal role, you’ll partner closely with the division GM and various teams to drive financial success and operational excellence within one of our key Product Groups. Your days will be filled with dynamic responsibilities like budget forecasting, analyzing financial results, and monitoring performance metrics, all aimed at achieving our ambitious goals. You’ll leverage your analytical prowess to create and maintain intricate financial models, all while preparing comprehensive reporting materials for management reviews. Your ability to think creatively, stay organized, and communicate effectively will set you apart in this role, especially as you collaborate across departments and with global teams. We value your experience, especially if it comes from the semiconductor industry, as that knowledge will be crucial to our success. If you’re ready to take on this exciting challenge and make a real impact in a leading technology company, we’d love to hear from you. At Renesas, we don’t just offer a job—we create a pathway for your professional growth and opportunities to innovate. Join us and let’s shape the future together, making lives easier for everyone.

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

As a Sr Financial Analyst at Renesas, your main responsibilities will include product group budget and forecast planning, monitoring monthly and quarterly performance, and developing the annual operating plan. You'll also be tasked with creating financial models and preparing detailed reporting materials for management reviews. Your analytical skills will be crucial in recommending performance improvements and leading the financial planning process.

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What qualifications are needed for the Sr Financial Analyst position at Renesas?

To qualify for the Sr Financial Analyst position at Renesas, you'll need a Bachelor’s degree in Finance, Accounting, Economics, or a related field, with a Master’s degree or MBA preferred. A minimum of 5 years of FP&A or accounting experience is essential, along with proficiency in financial tools like Oracle EPM, SAP, and Power BI. Experience in the semiconductor industry is also highly desired.

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What type of work environment can I expect as a Sr Financial Analyst at Renesas?

At Renesas, you can expect a flexible and inclusive work environment that prioritizes both performance and well-being. We foster a people-first culture, offering remote work options and Employee Resource Groups that support your professional journey. Your contributions will be valued, and you'll have the opportunity to explore various roles within our organization.

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Is experience in the semiconductor industry mandatory for the Sr Financial Analyst role at Renesas?

While experience in the semiconductor industry is highly desired for the Sr Financial Analyst role at Renesas, it is not strictly mandatory. However, candidates with relevant experience may find it beneficial as they work with industry-specific financial metrics and challenges.

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What does the career advancement look like for the Sr Financial Analyst at Renesas?

Career advancement opportunities for the Sr Financial Analyst at Renesas are promising. The company encourages employees to explore technical and business roles across multiple product groups and corporate functions. You’ll have the chance to develop innovative products and contribute to meaningful projects that ensure personal and professional growth within a global organization.

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Common Interview Questions for Sr Financial Analyst
Can you explain your experience with financial forecasting as a Sr Financial Analyst?

When answering this question, highlight your process for developing forecasts, including the tools and methodologies you use. Discuss the importance of collaboration with different departments, and how you ensure forecasts align with business goals and provide actionable insights.

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What financial tools are you proficient in as a Sr Financial Analyst?

Be specific about the tools you have used, such as Oracle EPM, SAP, Power BI, and advanced Excel functions. Share examples of how you’ve utilized these tools to streamline financial reporting or enhance forecasting accuracy in previous roles.

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How do you prioritize tasks when managing multiple financial reports?

Discuss your time management strategies, such as creating a task list or utilizing project management tools. Emphasize your ability to assess deadlines, focus on key deliverables, and remain flexible as priorities may shift in a dynamic work environment.

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Can you provide an example of how you’ve improved financial processes?

When responding, share a specific example of a process improvement initiative you led or contributed to. Explain the challenge you faced, the steps you took to implement changes, and the positive impact those changes had on efficiency or reporting accuracy.

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How do you ensure accuracy in your financial analyses?

Emphasize the importance of double-checking data, using standardized processes, and collaborating closely with other departments to validate assumptions. Detail how a systematic approach and attention to detail help you maintain accuracy in analyses.

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What metrics do you focus on when analyzing financial performance?

Identify key performance indicators relevant to the role, such as revenue growth, margin analysis, or working capital efficiency. Explain why these metrics are important for the business and how they inform decision-making.

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How do you handle discrepancies in financial data?

Discuss your problem-solving skills and the steps you take to investigate discrepancies. Mention your approach to communicating issues transparently with your team, and how you work collaboratively to resolve any identified inconsistencies.

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What is your experience with cross-functional collaboration?

Share specific instances where you collaborated with other teams, explaining your role and how you contributed to shared goals. Highlight your communication skills and ability to build relationships across departments, which are essential as a Sr Financial Analyst at Renesas.

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How do you approach developing financial models?

Explain your methodology for building financial models, including data gathering, assumptions, and validation processes. Emphasize the importance of flexibility in models to accommodate changing business conditions and your experience in building models that inform strategic decisions.

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What strategies do you use for effective budget management?

Discuss your proactive approach to budget management, mentioning strategies such as regular monitoring of expenditures, variance analysis, and engaging with department leaders to ensure alignment with strategic goals. Illustrate this with specific examples from your past experience.

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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, hybrid
DATE POSTED
March 18, 2025

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