Senior Financial Analyst - Manufacturing (San Diego / Hybrid)

Illumina; California; Hybrid; USD 83,000 - 124,000; Full time

Benefits offered by this job

Health benefits

Hybrid work schedule

Paid time off

Job summary

Illumina is seeking a Senior Financial Analyst – Manufacturing to lead financial planning for Component Consumable & Manufacturing and Technical Operations. You will partner with Operations and Finance leaders to deliver timely insights, drive margins, and uphold US GAAP and internal controls.

The role requires 5+ years in operations finance/cost accounting, SAP expertise, and strong Excel skills. This hybrid San Diego-area position emphasizes collaboration with site operations and finance teams

Qualifications

• Typically requires a minimum of 5 years of related experience in Operations Finance and Cost Accounting (preferred) with a Bachelor’s degree.
• Strong hands-on experience with SAP is preferred; exposure to Cognos TM1 is a plus.
• Successful track record of effectively interfacing with manufacturing personnel to identify, support, and execute on value-added ideas to improve profitability.
• Attention to details, strong analytical background as it pertains to understanding and explaining manufacturing variances.
• Ability to influence cross functionally and solve complex problems.
• Strong Microsoft Excel skills required; Must be comfortable working with and analyzing large data files.

Responsibilities

• Lead manufacturing finance planning cycles, including quarterly forecasts, annual budgets, monthly variance reporting, and ongoing monitoring of departmental budget adherence.
• Prepare and deliver accurate financial reports, reporting packages, and executive-level insights on manufacturing, cost performance, and operational trends.
• Analyze financial results, manufacturing costs, purchase activity, work order variances, and project milestones to identify key drivers, risks, and opportunities for margin improvement.
• Partner with manufacturing, site operations finance, corporate operations finance, and business leaders to support decision-making, investment analysis, forecasting, budgeting, and variance resolution.
• Support standard cost setting, annual cost roll activities, inventory and cost accounting processes, and compliance with financial policies, procedures, US GAAP, and internal control requirements.
• Interface with internal and external auditors and help maintain a strong control framework across manufacturing finance activities.
• Drive continuous improvement across operations finance processes, KPI reporting, forecast accuracy, and financial analytics to enable scalable and effective business support.
• Perform other related duties as business needs require.

Skills

Operations Finance experience

SAP

Cognos TM1

Excel

Education

BS or BA in Business Administration, Finance, Accounting or related field

Tools

SAP

Cognos TM1

Job description

What if the work you did every day could impact the lives of people you know? Or all of humanity?

At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.

Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.

Position Summary:

The Senior Financial Analyst – Manufacturing role leads financial planning and analysis for Component Consumable & Manufacturing and Technical Operations, partnering closely with Operations and Finance leaders to deliver timely, accurate insights. This role drives financial discipline and operational performance, requiring strong collaboration and influencing skills along with deep expertise in operations finance, cost accounting, inventory, variances, gross margin, US GAAP, and manufacturing processes.

*This is a full-time role, Monday through Friday, with an expectation of 2-3 in-office days per week and additional on-site presence as needed. The individual must reside in the San Diego area and be able to commute to our corporate offices.

Key Responsibilities:

• Lead manufacturing finance planning cycles, including quarterly forecasts, annual budgets, monthly variance reporting, and ongoing monitoring of departmental budget adherence.

• Prepare and deliver accurate financial reports, reporting packages, and executive-level insights on manufacturing, cost performance, and operational trends.

• Analyze financial results, manufacturing costs, purchase activity, work order variances, and project milestones to identify key drivers, risks, and opportunities for margin improvement.

• Partner with manufacturing, site operations finance, corporate operations finance, and business leaders to support decision-making, investment analysis, forecasting, budgeting, and variance resolution.

• Support standard cost setting, annual cost roll activities, inventory and cost accounting processes, and compliance with financial policies, procedures, US GAAP, and internal control requirements.

• Interface with internal and external auditors and help maintain a strong control framework across manufacturing finance activities.

• Drive continuous improvement across operations finance processes, KPI reporting, forecast accuracy, and financial analytics to enable scalable and effective business support.

• Perform other related duties as business needs require.

Listed responsibilities are an essential, but not exhaustive list, of the usual duties associated with the position. Changes to individual responsibilities may occur due to business needs.

Requirements:

• Typically requires a minimum of 5 years of related experience in Operations Finance and Cost Accounting (preferred) with a Bachelor’s degree

• Strong hands‑on experience with SAP is preferred; exposure to Cognos TM1 is a plus

• Successful track record of effectively interfacing with manufacturing personnel to identify, support, and execute on value‑added ideas to improve profitability

• Attention to details, strong analytical background as it pertains to understanding and explaining manufacturing variances

• Ability to influence cross functionally and solve complex problems

• Strong Microsoft Excel skills required; Must be comfortable working with and analyzing large data files

All listed requirements are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional task and responsibilities.

Education:

• BS or BA in Business Administration, Finance, Accounting or related field

#LI-HYBRID

The estimated base salary range for the Senior Financial Analyst - Manufacturing (San Diego / Hybrid) role based in the United States of America is: $82,500 - $123,700. Should the level or location of the role change during the hiring process, the applicable base pay range may be updated accordingly. The range reflects long‑term growth in the role; therefore, most candidates are hired between the minimum and middle of the range. Placement depends on experience, skills, location, and internal equity. Additionally, all employees are eligible for one of our variable cash programs (bonus or commission) and eligible roles may receive equity as part of the compensation package. We offer a wide range of benefits as innovative as our work, including access to genomics sequencing, family planning, health/dental/vision, retirement benefits, and paid time off.

We are a company deeply rooted in belonging, promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation, Illumina has always prioritized openness, collaboration, and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local, state, and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local, state, and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process, please contact [e-mail]. To learn more, visit: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants. This role is not eligible for visa sponsorship.