Sr. Manager M&A Finance and Policy

Applied Materials•Santa Clara, CA

1d•$154,000 - $212,000•Onsite

About The Position

Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world. The Senior Manager, M&A Finance & Policy is responsible for assisting with all phases of the M&A deal cycle from preliminary analysis of a target company and management meetings to post-closing accounting integration. The role will work closely with Corporate Development and the Business to ensure that financial risks and opportunities are identified during the financial due diligence process, and with target management to ensure successful integration. The role will also partner with cross-functional teams to project manage accounting integration. The team is located at our corporate headquarters in Santa Clara and is full time onsite. Summary Financial Analysis: Conduct comprehensive financial analysis of target companies, including historical financial performance, accounting policies, operational metrics, and capital structure. Due Diligence: Lead and coordinate financial due diligence efforts, including reviewing financial statements, accounting policies, and other relevant documentation. Transaction Execution: Lead the financial aspects of M&A transactions, including structuring, negotiating deal terms such as working capital/net debt, and managing deal timelines. Post-Merger Integration: Coordinate the financial integration of acquired companies, including financial systems consolidation, accounting adjustments, and transition to Applied practices. Accounting and Reporting: Ensure accurate and timely financial reporting for M&A activities, including purchase price accounting, accounting memos, intangible valuation, accounting policy alignment, impairment testing, and other relevant accounting standards.

Requirements

Education: Bachelor's degree or equivalent experience. CPA or equivalent.
Experience: 7+ years of experience in M&A DD function of Big 4 or other major accounting firms. Worked on or led 10+ closed acquisitions.
Leadership: 2+ years of manager and above level.
Valuation: Understanding of valuation methodologies, including cost to rebuild, discounted cash flow, comparable company analysis, and precedent transaction analysis.
Technical Skills: Strong analytical and problem-solving skills. Deep understanding of purchase price accounting.
Communication: Excellent written and verbal communication skills, with the ability to present complex financial information to diverse audiences, including executive leadership.
Teamwork: Ability to work effectively in a cross-functional team environment.

Responsibilities

Leads the financial and accounting due diligence of multiple M&A target companies at any given time, supporting the Controllership function, Corporate Development and Applied Ventures
Provides insight into business drivers, strategies, financial performance and trends, cash flow, and working capital requirements of target company that can be used in the development of the valuation model (including applicable Quality of Earnings adjustments)
Evaluates financial due diligence findings to identify key areas of accounting risk, as well as target's legacy compliance with US GAAP
Reviews the stock/asset purchase agreement to avoid undesirable accounting outcomes and assists with negotiating key terms
Prepares technical accounting memos on purchase price accounting, VIE, goodwill impairment, and other relevant accounting standards.
Supports and verifies purchase agreement calculations for closing agreements (e.g. indebtedness / net debt, net working capital, final/estimated closing statements)
Builds strong relationships with the management teams of target companies to facilitate a successful transaction and knowledge transfer as part of the subsequent integration
Coordinates the execution of accounting integration activities from the M&A integration playbook, supporting multiple integration projects simultaneously
Coordinate and execute post-acquisition accounting review, compare to Applied Accounting policies, and develop Finance integration plan
Project manage Finance integration including defining scope, workstreams, tracking progress with various accounting functions, and resolve challenges as they come up