Senior Financial Analyst - Engineering Finance

Altera; George Town; On-site; MYR 120,000 - 180,000; Full time

Job summary

Altera in Penang, Malaysia, seeks a Senior Analyst to join the global Engineering Finance team. You will lead planning cycles, forecast, and quarterly closing for cost centers, partnering with US-based leadership and cross-functional teams.

The role requires strong Oracle EPM fluency, Excel modelling, and the ability to own end-to-end financial processes with initiative and critical thinking.

Qualifications

• Bachelor’s degree in Finance, Accounting, or a related field.
• 5+ years of progressive FP&A experience, including planning cycles.
• Strong hands-on Oracle EPM proficiency.
• Demonstrated ability to build financial models for decisions.
• Advanced Excel skills with complex financial models.
• Strong analytical skills turning data into insights.
• Ability to work independently with minimal oversight and cross-functionally.
• Excellent communication with non-finance stakeholders.

Responsibilities

• Participate in AOP development and quarterly forecasting for assigned cost centers using Oracle EPM.
• Track in-quarter spend against budget and prompt corrective actions with leads.
• Contribute to quarterly closing ensuring accurate actuals and classifications.
• Engage in 5-year strategic reviews and multi-year financial modeling.
• Build investment analysis models (NPV/ROI) to support decisions.
• Partner with engineering, product, and leadership to inform resource allocation.
• Track IP milestones and their financial implications across portfolio.
• Review contracts for licensing/royalty terms and proper accounting treatment.
• Coordinate with FP&A, Accounting, and business teams across systems.

Skills

FP&A experience

Oracle EPM

Excel modelling

Analytical thinking

Independent worker

Cross-functional

Communication skills

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Oracle EPM

Jira

Workday

Job description

Job Details: Job Description: About the Role

We're looking for a Senior Analyst to join our Malaysia office as part of Altera's global Engineering Finance team, working closely with US-based finance leadership across time zones. This person will participate across the full planning cycle (AOP, quarterly forecasting, and 5-year strategic reviews), and is an important, hands-on contributor to in-quarter spend tracking, quarterly forecasting, and quarterly closing for assigned cost centers. This role operates with real independence — we're looking for someone who can own their area end to end, think critically about the numbers, and take initiative rather than wait for direction. Success also calls for strong Oracle EPM fluency and the judgment to work through ambiguous, cross-functional deliverables alongside Accounting and business partners. This role has broad exposure across the organization — working directly with business leaders, FP&A, and Technical Accounting — and is one of the most important members of the Engineering Finance team.

Key Responsibilities

• Participate in AOP (Annual Operating Plan) development and quarterly forecasting for assigned Engineering/R&D and Operations cost centers, and be an important contributor throughout the process, using Oracle EPM as the primary planning and reporting system
• Track in-quarter spend against budget and help ensure business operations run according to plan, flagging variances early and partnering with engineering and program leads on corrective action
• Be an important contributor to quarterly closing for assigned cost centers — a core, recurring part of this role — helping ensure actuals are accurate and costs are classified appropriately
• Participate in 5-year strategic reviews and long-term forecasting and planning, translating the technology roadmap and headcount plans into multi-year financial models
• Build financial models for investment analysis, including NPV analysis for new product development and ROI on existing investments, to support investment tradeoff decisions
• Partner with engineering, product, and business leaders to bring financial rigor to major investment decisions, presenting analysis that helps leadership decide where to commit resources
• Track program and IP milestones (e.g., license fee payment milestones, tapeout, PRQ) and their financial implications across the portfolio
• Work closely with Technical Accounting and business stakeholders on contract review (e.g., licensing and royalty terms), helping translate contract terms into the right financial treatment and decisions
• Partner cross-functionally with FP&A, Accounting, and business/engineering teams to resolve open questions and keep spend tracked consistently across systems

What We're Looking For

• Bachelor's degree in Finance, Accounting, Business, or a related field
• 5+ years of progressive FP&A experience, including ownership of AOP/budget cycles, quarterly forecasting, and month-end/quarter-end close, ideally supporting an engineering, R&D, or technology organization
• Strong hands-on experience with Oracle EPM required
• Demonstrated experience building financial models for investment decisions, business cases, or ROI/payback analysis
• Advanced Excel skills, with comfort building and maintaining complex financial models
• Strong analytical skills, with the ability to turn data into clear, actionable insight
• Proven ability to work independently with minimal oversight — a self-driven initiator and critical thinker who surfaces issues and proposes solutions rather than waiting to be asked, and is comfortable working through ambiguous, cross-functional accounting and budget questions
• Excellent team player who works well cross-functionally and is comfortable collaborating with a US-based team across time zones
• Strong communication skills; comfortable presenting analysis to non-finance stakeholders, including engineering and operations leadership

Nice to Have

• Experience in the semiconductor or technology hardware industry
• Familiarity with Jira, Workday, or other planning/tracking tools used alongside Oracle EPM
• Exposure to IP licensing, royalty accounting, or R&D capitalization concepts

Qualifications:

Job Type: Regular Shift: Shift 1 (Malaysia) Primary Location: Penang 15, Penang, Malaysia Additional Locations:

Posting Statement:

All 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.

About Altera

Altera: Accelerating Innovators Altera provides leadership programmable solutions that are easy-to-use and deploy in applications from cloud to edge, offering limitless AI possibilities. Our end-to-end broad portfolio of products including FPGAs, CPLDs, Intellectual Property, development tools, System on Modules, SmartNICs and IPUs provide the flexibility to accelerate innovation. Altera is helping to shape the future through pioneering innovation that unlocks extraordinary possibilities for everyone on the planet.