Senior Inventory and Manufacturing Analyst

Onto Innovation; Milpitas (CA); On-site; USD 104,000 - 156,000; Full time

Benefits offered by this job

Health, dental, and vision coverage

401(k) with employer match

Wellness initiatives

Employee Stock Purchase Program (ESPP)

Job summary

Onto Innovation in Milpitas, CA, is seeking a skilled financial professional to support OCOGS variance tracking, inventory reconciliation, and cost forecasting in a dynamic environment. Collaborating cross-functionally, you'll play a critical role in driving continuous improvement initiatives.

We're looking for candidates with a Bachelor’s in finance/accounting and relevant experience of 5-7 years. Competitive compensation, inclusive culture, and a supportive benefits package are offered.

Qualifications

• 5 – 7 years’ relevant experience.
• Sense of ownership, urgency, and intellectual curiosity.
• Independent and critical thinker, analytical, with attention to detail.

Responsibilities

• Track OCOGS variance (absorption, labor, overhead).
• Reconcile and control inventory balances across sites.
• Forecast manufacturing costs and working capital.

Skills

Ownership

Problem-solving

Analytical skills

Communication skills

Prioritization

MS Word

MS Excel

MS PowerPoint

Oracle EPM

ERP Systems

Education

Bachelor’s degree in finance/accounting

Tools

Oracle EPM

SAP

Job description

Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading‑edge technologies that include: 3D metrology spanning the chip from nanometer‑scale transistors to micron‑level die‑interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers’ critical path of progress by making them smarter, faster and more efficient.

Job Summary & Responsibilities

• OCOGS variance tracking (absorption, scrap, labor, overhead, material usage)
• Inventory balance reconciliation and controls across internal and contract manufacturing sites
• Inventory metrics such as turns and excess & obsolete (E&O) reserves
• Forecasting and planning for manufacturing costs and working capital
• Support for close processes, audits, and financial reporting

The role also partners cross‑functionally with Manufacturing, Cost Accounting, and Logistics to identify root causes of cost and inventory variances while driving continuous improvement initiatives.

Qualifications

• Bachelor’s degree in finance / accounting
• 5 – 7 years’ relevant experience
• Sense of ownership, urgency, intellectual curiosity, willingness to learn
• Independent and critical thinker, analytical, eye for detail
• Excellent problem‑solving skills
• Strong verbal and written communication skills
• Ability to prioritize effectively to meet deadlines
• Advanced PC skills required with expertise in MS Word, Excel, PowerPoint
• Oracle EPM experience (A Plus)
• Experience with large ERP systems like Oracle and SAP (A plus)

Why Join Onto Innovation?

At Onto Innovation, we believe your work should matter—and so should your well‑being. That’s why we offer competitive salaries and a comprehensive benefits package designed to support you and your family. From health, dental, and vision coverage to life and disability insurance, PTO, and a 401(k) with employer match, we’ve got you covered. You’ll also enjoy access to our Employee Stock Purchase Program (ESPP), wellness initiatives, and cutting‑edge tools—all within a collaborative, inclusive culture where your contributions are valued and recognized.

Compensation & Growth

• Base Salary Range: $104,000.00 - $156,000.00, offered in good faith and based on experience, location, and qualifications.
• Additional Rewards: Annual bonus opportunities and potential long‑term incentives tied to both company and individual success.

Empowering Every Voice To Shape The Future

Onto Innovation is committed to creating a workplace where every qualified candidate has an equal opportunity to succeed. We evaluate applicants based on skills, experience, and potential - without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, veteran status, or any other characteristic protected by law. We believe diversity of thought and background drives innovation and strengthens our team.

Important Note on Export Compliance

For certain positions requiring access to technical data, U.S. export licensing review may be necessary for applicants who are not U.S. Citizens, Permanent Residents, or other protected persons under 8 U.S.C. 1324b(a)(3).