Business Process and Controls Specialist

Business Process and Controls

Who We Are

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. 

What We Offer

Location:

Bangalore,IND

You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more. 

At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits. 

Business Process & Controls

Role Summary

The Business Process & Controls B4 role is accountable for end‑to‑end ownership of Intercompany (IC) processes—ensuring consistent execution, strong controls, and policy compliance while driving standardization and digital enablement across regions. The role acts as a process owner/SME, partnering with Finance, Tax, Shared Services, and Systems teams to deliver accurate close outcomes, resolve complex issues, and reduce operational risk through process improvements and automation.

Requires strong judgment in policy, risk, controllership, and systems, with the ability to influence stakeholders and deliver measurable improvements in quality, cycle time, and compliance.

Key Responsibilities

1. Process Ownership, Policy & Controls

• Demonstrates strong working knowledge of Intercompany and Transfer Pricing policies and statutory requirements embedded within owned processes.
• Apply policy consistently across IC billing, PGI, GR, inventory, cost, and revenue transactions, ensuring defensible outcomes.
• Understands the interdependence between upstream and downstream policy requirements and their operational impact.
• Applies transfer pricing concepts, including markup methodologies and statutory considerations, in intercompany transactions.
• Makes decisions grounded in policy compliance, risk awareness, and control integrity.

• Owns IC differences aging and recurring breaks; drives root cause, corrective actions, and sustained fixes.
• Defines and reviews KPIs (quality, cycle time, rework) and drives performance improvements.
• Supports internal/external audits with clear evidence, control narratives, and timely responses.

2. Standardization, Systems & Transformation

• Maintains IC SOPs, control documentation, and standard work to enable consistent execution across regions.

• Drives automation and monitoring to reduce manual work and strengthen controls (workflow, auto‑clearing, smart close).

• Builds dashboards and automated reporting in Power BI and/or Tableau
• Leverages AI/GenAI (e.g., Copilot, prompt‑based analysis) to accelerate analysis, issue detection, and documentation—where appropriate.

• Owns IC requirements for system changes; coordinates UAT/regression testing and validates control impacts.
• Represents the IC workstream in transformations (harmonization, upgrades, operating model changes) and drives adoption.

3. Stakeholder Management & Governance

• Influences regional finance, shared services, and partner teams; establishes clear ways of working and escalation paths.

• Uses data to drive decisions, prioritize issues, and track outcomes through governance cadence and KPI reviews.

Role Characteristics (Implicit)

• Operate independently with limited supervision within a defined process scope
• Recognized as a trusted SME within Intercompany
• Exercises sound judgment within established policy and control frameworks
• Influences outcomes through expertise rather than authority
• Experience or interest in automation initiatives (Power Automate, Co-pilot)
• ​Clearly understands the Shared Services Mission and Purpose to the Company
• Able to analyze trends and identify training needs.
• Able to analyze trends and identify areas opportunities to reduce the necessity for inquiries.
• Able to analyze trends and identify areas opportunities to improve self- service tools.
• Able to improve support model design to meet changing needs of the stakeholders.

Qualifications & Skills

• Master’s degree in Finance/Accounting/Business (or equivalent experience).

• Experience in IC accounting/operations, close, reconciliations, and control execution in a global environment.
• Strong IC process and transfer pricing knowledge with audit-ready documentation mindset.
• Advanced Excel; BI tools (Power BI/Tableau); familiarity with ERP and reconciliation tools (e.g., BlackLine) is a plus.
• Exposure to automation (Power Automate/RPA) and AI/GenAI applications in finance is a plus.
• Strong stakeholder management, communication, and ability to lead change across teams.

Interpersonal Skills

• Communicates difficult concepts and negotiates with others to adopt a different point of view

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

Yes, 10% of the Time

Relocation Eligible:

Yes

Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

Experience Level

Mid Level