Manager - Business Process and Controls

Manager - Business Process & 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. 

Role Summary
The Manager, R2R & Intercompany CoE is responsible for leading the combined R2R and Intercompany teams to deliver an efficient, well controlled month end close, accurate financial reporting, and standardized global intercompany processes. This role ensures data integrity, strong governance, and continuous improvement across the financial close cycle and intercompany operations.

Experience - 10 to 15 Years

Key Responsibilities

Record to Report Leadership

R2R Operating Model

Business / Finance Stakeholders (Controllership, FP&A, Tax, Audit, IT, Ops)

Insights, Issues, Improvements

R2R RPO - Orchestrator & Owner

• End-to-end process accountability
• Governance & controls
• Issue analysis, impact and prioritization
• Drives ongoing process improvement
• Change & roadmap management

Primary focus: End-to-end process health and outcomes

Success measure: Stable close, reduced risk, improved efficiency, better insights

Direction, priorities, standards, outcomes

BPO - Execution Arm

• Transactional doing
• Period close
• Journals & reconciliations
• Output reports
• Issue execution

Primary focus: Operational execution

Success measure: Timely, accurately, compliant execution

Intercompany CoE Leadership
• Oversee the end-to-end intercompany process: recording, matching, reconciliation
• Ensure timely intercompany settlements/netting and minimize out of balance and aging items
• Lead root cause analysis and sustainable remediation for recurring IC differences
• Maintain and enforce global IC policies, procedures, and operating standards
• Partner with business units and shared services to improve intercompany accuracy
• Support audit requests related to intercompany and close activities

Controls, Governance & Quality
• Maintain strong internal controls across R2R and intercompany processes
• Support internal/external audits and manage remediation of findings
• Implement KPIs and dashboards to monitor close performance and IC health
• Support transformation initiatives, automation, and system enhancements

People & Stakeholder Leadership
• Lead, coach, and develop team members across both functions
• Foster a culture of collaboration, problem solving, and continuous improvement
• Act as escalation point for operational issues and cross functional dependencies
• Partner closely with shared services and global process owners, leveraging technology

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