Manager, Inventory Reserves

About Analog Devices

Analog Devices, Inc. (NASDAQ: ADI) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, AI, and software technologies into solutions that combat climate change, reliably connect humans and the world, and help drive advancements in automation and robotics, mobility, healthcare, energy and data centers. With revenue of more than $11 billion in FY25, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at www.analog.com and on LinkedIn and X.

Key Responsibilities

Inventory Reserves & Close

• Lead and oversee month-end and quarter-end inventory reserve accounting activities.
• Review reserve calculations, supporting schedules, journal entries, and reconciliations across RM, WIP, and FG
• Analyse period-over-period reserve movements and provide clear explanations for significant changes.
• Oversee timely resolution of reserve-related accounting and reconciliation issues.

Reserve Methodology & Inventory Risk

• Lead the assessment of inventory reserve methodologies, assumptions, and accounting estimates.
• Review and challenge management reserve adjustments and ensure appropriate supporting documentation and approvals.
• Partner with Supply Chain, Planning, Operations, Quality, and Finance teams to identify emerging inventory risks.

SOX Controls & Compliance

• Lead and oversee inventory reserve-related SOX controls and compliance activities.
• Ensure controls are appropriately executed, documented, and supported with audit-ready evidence.
• Support internal and external audits and coordinate responses to inventory reserve-related audit requests.
• Drive remediation of control deficiencies, audit findings, and process gaps.

Reporting and Process Improvements

• Develop and maintain management reporting on inventory reserves, reserve movements, and key inventory exposures.
• Provide ad hoc financial analysis to support inventory and business decisions.
• Lead process improvement and automation initiatives related to inventory reserve accounting and reporting.
• Support SAP and other systems transformation projects impacting inventory reserves and valuation.

Business Partnership & Leadership

• Serve as the primary Finance subject matter expert for inventory reserve accounting matters.
• Partner with Operations, Supply Chain, Manufacturing Finance, Planning, Quality, Cost Accounting, IT, and other stakeholders to understand and address inventory risks.
• Lead inventory reserve review discussions and communicate significant exposures, movements, and financial impacts to management.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 6+ years of strong progressive experience in inventory accounting, cost accounting, manufacturing finance, or financial reporting.
• Manufacturing or semiconductor industry experience preferred.
• Experience supporting SOX controls, internal/external audits, and financial reporting requirements.
• Prior experience leading projects, processes, and/or finance teams.
• CPA, CMA, or equivalent professional qualification is an advantage.

For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S. Department of Commerce - Bureau of Industry and Security and/or the U.S. Department of State - Directorate of Defense Trade Controls. As such, applicants for this position - except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) - may have to go through an export licensing review process.

Analog Devices is an equal opportunity employer. We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.