Senior Financial Analyst

Introduction to the job

ASML US brings together the most creative minds in science and technology to develop lithography machines that are key to producing faster, cheaper, more energy-efficient microchips. We design, develop, integrate, market and service these advanced machines, which enable our customers - the world’s leading chipmakers - to reduce the size and increase the functionality of their microchips, which in turn leads to smaller, more powerful consumer electronics. Our headquarters are in Veldhoven, the Netherlands, and we have 18 office locations around the United States including main offices in Chandler, Arizona, San Jose and San Diego, California, Wilton, Connecticut, and Hillsboro, Oregon.

The Senior Financial Analyst, R&D, will play a critical role in supporting the financial planning, analysis, and decision-making processes for the global Research and Development (R&D) department and programs. This position requires a strategic thinker with strong analytical skills, a deep understanding of R&D operations and project management, and the ability to collaborate cross-functionally to drive financial performance and budget adherence. The ideal candidate will have a proven track record in financial modeling, budgeting, and forecasting, as well as experience in a fast-paced, technology-driven environment.

Roles and Responsibilities

1. Financial Planning & Analysis (FP&A)

• Develop and maintain detailed financial models to support R&D budgeting (OPEX and CAPEX), forecasting, and long-term planning (long term capability plan and long term financial plan).
• Analyze R&D spend, including labor, farmout, materials, overhead costs and CAPEX, to ensure alignment with organizational goals and budget target.
• Prepare monthly financial reports, highlighting key trends, risks, and opportunities. Monitor and report on R&D project budgets, ensuring accurate tracking of costs and timelines.
• Conduct variance analysis to compare actual R&D spend against budget and forecast, identifying root causes of discrepancies.
• Monthly review with R&D leadership and program teams to present budget status and key performance indicators (KPIs) related to financial performance. Proactively highlight risk and opportunities and work with R&D team to prioritize within project cluster and product budget.

2. Business Partnering

• Collaborate with R&D and programs leadership to provide financial insights and recommendations that drive strategic decision-making.
• Partner with project cluster managers and group leads to evaluate the financial viability of new R&D initiatives and ongoing projects.
• Act as a trusted advisor to R&D teams, providing guidance on cost optimization, resource allocation, and financial best practices.

3. Process Improvement

• Identify opportunities to streamline financial processes and improve reporting accuracy and efficiency.
• Being an expert in the company’s resource management system. Drive for improvement and enhancement of financial visibility and control within the R&D function.
• Support the development of standardized financial templates and reporting frameworks for R&D cost in different dimensions, e.g. by sectors, regions, projects etc.

4. Cross-Functional Collaboration

• Work closely with Accounting, Procurement, project management office, and other departments to ensure accurate financial reporting and compliance.
• Partner with program business control and central R&D business insights and analysis team to align R&D financial plans with overall corporate strategy.

Education and Experience

• Bachelor’s degree in Finance, Accounting, or a related field. MBA or advanced degree preferred
• 7+ years of experience in financial planning and analysis in a global organization with complex technology and hardware intensive R&D, preferably in the semi-conductor capital equipment or other high technology hardware industry.
• Proven experience in financial modeling, budgeting, and forecasting.
• Strong understanding of R&D operations and project management principles.
• Experience in ERP and planning systems, preferably SAP

Skills:

•  Hands on and also able to work with different level of management
• Advanced proficiency in Excel and financial modeling tools (e.g., Power BI, Tableau, or similar).
• Experience with ERP systems (e.g., SAP) and financial planning software (e.g., SAC or BPC).
• Strong analytical and problem-solving skills, with attention to detail.
• Excellent communication and interpersonal skills, with the ability to present complex financial information to non-financial stakeholders.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Pay scales are determined by role, level, location and alignment with market data. Individual pay is determined through interviews and an assessment of several factors that that are unique to each candidate, including but not limited to job-related skills, relevant education and experience, certifications, abilities of the candidate and pay relative to other team members.

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that diversity and inclusion is a driving force in the success of our company.

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ASML provides reasonable accommodations to applicants for ASML employment and ASML employees with disabilities.  An accommodation is a change in work rules, facilities, or conditions which enable an individual with a disability to apply for a job, perform the essential functions of a job, and/or enjoy equal access to the benefits and privileges of employment. If you are in need of an accommodation to complete an application, participate in an interview, or otherwise participate in the employee pre-selection process, please send an email to [email protected] to initiate the company’s reasonable accommodation process.

Please note: This email address is solely intended to provide a method for applicants to initiate ASML’s process to request accommodation(s). Any recruitment questions should be directed to the designated Talent Acquisition member for the position.