Sr. Manager, Portfolio and Opex Analysis

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

Salary:

$158,500.00 - $218,000.00

Location:

Santa Clara,CA

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. 

Sr. Manager, Portfolio and Opex Analysis

Applied Materials is the leader in materials engineering solutions to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. Our innovations make possible™ the technology shaping the future. To achieve this, we employ some of the best, brightest, and most talented people in the world who work together as part of a winning team.  

This position reports directly to the Business Unit CFO of Metals Deposition (MDP). In this role, the candidate will apply conceptual and practical financial expertise to establish and standardize business processes, address complex business problems, and drive investment decisions for profitable growth.  As a key finance business partner, the candidate will own and be responsible for managing the product portfolio for the MDP organization.

The candidate must be able to anticipate internal and/or external business challenges and actively influence management with critical analysis and sound business advice. This role collaborates with various cross-functional organizations globally and requires the ability to provide solutions to complex problems. Directly manages one Analyst, in support of a fast growing business spanning multiple Key Product Units (KPUs) with a diverse set of new and existing products.

Position Summary

Leads financial strategy, portfolio investment governance, forecasting, and expense management for a major business unit while serving as a trusted advisor to executive leadership and developing a high-performing finance team. Responsible for translating business strategy into actionable financial plans, ensuring disciplined resource allocation, and delivering financial performance aligned with corporate objectives.

Key Responsibilities

Strategic Business & Finance Leadership

• Partner directly with Business Unit Vice Presidents, General Managers, and functional leaders on strategic planning and business decisions.
• Provide financial leadership for business growth initiatives, technology investments, and portfolio prioritization.
• Influence resource allocation decisions through fact-based financial analysis and scenario modeling.
• Drive alignment between business objectives and corporate financial commitments.

Portfolio Investment Governance

• Lead financial oversight of a large R&D and capital investment portfolio.
• Establish investment prioritization frameworks and funding recommendations.
• Evaluate business cases, project economics, and return on investment for new initiatives.
• Monitor portfolio health, investment performance, and strategic outcomes.
• Present portfolio recommendations and trade-off analyses to executive leadership.

Financial Planning & Forecasting

• Own annual operating plan, quarterly forecasts, long-range planning, and investment outlook processes.
• Develop financial models supporting operating expense, headcount, labor, capital expenditures, and project investments.
• Partner with business leaders to proactively identify financial risks and opportunities.
• Drive forecast a