Senior Manager, M&A Finance & Policy (B5)

Who We Are

Applied Materials is the 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 work beyond the cutting-edge, continuously pushing the boundaries of science and engineering to make possible the next generations of technology, join us to Make Possible® a Better Future. 

What We Offer

Salary:

$154,000.00 - $212,000.00

Location:

Santa Clara,CA

At Applied, we prioritize the well-being of you and your family and encourage you to bring your best self to work. Your happiness, health, and resiliency are at the core of our benefits and wellness programs. Our robust total rewards package makes it easier to take care of your whole self and your whole family. 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. 

You’ll also 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 about careers at Applied.

JOB DESCRIPTION
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.

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