Cost and Inventory Accountant
Listed on 2026-01-12
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Finance & Banking
Financial Analyst
Job Details
The Cost and Inventory GPO team within Corporate Accounting Office is responsible for the design and execution of Intel's inventory processes. We are amid a tremendous amount of change and this role will play a big part in defining and designing the future state of how we operate within Cost and Inventory. As we continue Intel's biggest transformation into our IDM 2.0 Foundry model, the GPO team is designated to identify, design, and deliver Cost and Inventory capabilities and processes to meet new business needs.
This is an exciting opportunity to be at the front and center as we enable Intel's future.
- ERP Support
- Lead, review, and provide inputs for the next generation (SAP) cost and inventory system, specifically related to Intel Products and Intel Corporation:
- Business Process design
- Functional design spec
- Functional unit test
- Cutover plan
- Price – Cost Test
- Provide inputs to process flows, solution design decision, security roles, and change impacts
- Integrate the Demand Planning process/output, Spending Forecasts, and Intel Products Standard Cost modeling into the new ERP costing system
- Prepare and execute user acceptance testing
- Merger and Acquisition Accounting Support
- Develop inventory and cost of sales positions for Merger and Acquisition (M&A) related projects.
- Support M&A team and other stakeholders with inventory information related to plant codes, locations, movements, and reconciliations related to M&A projects.
- When M&A projects require a change to cost and inventory processes, align with stakeholders across Intel to design and implement changes.
- Act as a liaison between the accounting organizations and the costing technical team to implement system changes.
- Post or approve journal entries related to project activity.
- Responsible for inventory and cost of sales reconciliations.
- High tolerance for ambiguity:
Comfortable with uncertain situations and able to operate effectively in an uncertain environment by considering a range of creative solutions or options. - Problem-solving:
Identify breakdowns, analyze potential causes, and create innovative solutions. IAO is a fast moving and dynamic environment. - Subject Matter Expertise:
Deep understanding of cost and inventory subject matter along with operations finance supporting factories or business units to help identify pain points and critical needs. - Stakeholder management and business partnering:
Build strong relationships with stakeholders and operational teams to align priorities, synchronize plans, lead, and engage the right experts to design across functions, and influence recommended changes to optimize solutions. - Influencing:
This role is an individual contributor but also will work through others in the org as we build this capability. Must be comfortable with ambiguity. - Communication skills:
Effectively communicate across multiple stakeholders including finance, IT, accounting, audit, legal, and other stakeholders, and present concise and impactful messages to senior leaders.
- Minimum Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or related field.
- 2+ years of experience working with costing or standard costing systems (e.g., SAP S4).
- 4+ years of experience with finance systems and processes.
- Preferred Qualifications
- Basic experience or knowledge of Intel's manufacturing processes.
- Experience with SAP inventory management systems.
- Advanced English level: verbal, writing, and reading.
- This position is not eligible for Intel's immigration sponsorship.
Experienced Hire
ShiftShift 1 (United States of America)
Locations- Primary:
United States, Oregon, Hillsboro - Additional:
United States, California, Folsom - Additional:
United States, California, Santa Clara
As members of the Finance team, employees act as full partners in making and supporting business decisions that are aimed at maximizing shareholder value. Intel Finance has a strong focus on facilitating change and improvement both within finance and in the operations supported.
Posting StatementAll qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.
BenefitsWe offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, as well as benefit programs which include health, retirement, and vacation. Find more information about all of our Amazing Benefits here:
Benefits
Annual Salary Range (US): $93,940.00 - $ USD. The range displayed on this job posting reflects the minimum and maximum target compensation for the position across all US locations. Within the range, individual pay is…
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