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Company Overview
KLA is a global leader in diversified electronics for the semiconductor manufacturing ecosystem. Virtually every electronic device in the world is produced using our technologies. No laptop, smartphone, wearable device, voice-controlled gadget, flexible screen, VR device or smart car would have made it into your hands without us. KLA invents systems and solutions for the manufacturing of wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. The innovative ideas and devices that are advancing humanity all begin with inspiration, research and development. KLA focuses more than average on innovation and we invest 15% of sales back into R&D. Our expert teams of physicists, engineers, data scientists and problem-solvers work together with the world’s leading technology providers to accelerate the delivery of tomorrow’s electronic devices. Life here is exciting and our teams thrive on tackling really hard problems. There is never a dull moment with us.
Group/Division
KLA is well known for its high-performing business model which routinely produces significant profit margins and revenue. Key to supporting KLA business is the finance team that partners with corporate and global business organizations to provide expertise and guidance for developing and executing sound business models and practices. The Finance organization consists of operations and corporate finance teams. The operations finance team influences business decisions by gathering the best available operations information, distilling it and making recommendations to our management team on the best course of action. The corporate team provides a broad range of services, such as financial planning, corporate accounting, tax, industry analysis and benchmarking, internal audits, SEC reporting and merger and acquisition support.
Job Description
Review Letters of Credit (LC) Drafts:
KLA is proud to be an equal opportunity employer
KLA is a global leader in diversified electronics for the semiconductor manufacturing ecosystem. Virtually every electronic device in the world is produced using our technologies. No laptop, smartphone, wearable device, voice-controlled gadget, flexible screen, VR device or smart car would have made it into your hands without us. KLA invents systems and solutions for the manufacturing of wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. The innovative ideas and devices that are advancing humanity all begin with inspiration, research and development. KLA focuses more than average on innovation and we invest 15% of sales back into R&D. Our expert teams of physicists, engineers, data scientists and problem-solvers work together with the world’s leading technology providers to accelerate the delivery of tomorrow’s electronic devices. Life here is exciting and our teams thrive on tackling really hard problems. There is never a dull moment with us.
Group/Division
KLA is well known for its high-performing business model which routinely produces significant profit margins and revenue. Key to supporting KLA business is the finance team that partners with corporate and global business organizations to provide expertise and guidance for developing and executing sound business models and practices. The Finance organization consists of operations and corporate finance teams. The operations finance team influences business decisions by gathering the best available operations information, distilling it and making recommendations to our management team on the best course of action. The corporate team provides a broad range of services, such as financial planning, corporate accounting, tax, industry analysis and benchmarking, internal audits, SEC reporting and merger and acquisition support.
Job Description
Review Letters of Credit (LC) Drafts:
- Provide support in reviewing LC drafts and officially issued Letters of Credit.
- Offer feedback and advice to internal and external partners regarding the contents of LC drafts.
- Prepare Letters of Credit checklists and submit them for approval.
- Post approved checklists to the internal site.
- Process all Letters of Credit amendments received.
- Disseminate information about amendments to various internal teams and third-party partner.
- Follow up with Logistics teams to ensure presentation documents required for Letters of Credit presentation are in order.
- Respond promptly to inquiries from internal teams regarding the status of orders associated with Letters of Credit.
- Address internal and external inquiries about the status of Letters of Credit.
- Escalate non-routine questions to your manager.
- Prioritize daily tasks and provide supervision and guidance to junior staff members.
- Collaborate with peers, colleagues, and managers to resolve issues and achieve goals.
- Develop a deep understanding of the function, internal policies, procedures, and compliance requirements related to accounts receivable.
- Ensure compliance with all internal and external audit requirements.
- Process bank guarantees and Standby Letters of Credit (SBLCs) requested by customers.
- Submit these requests for approval.
- Provide feedback to your manager for any improvements to current processes.
- Prepare quarterly bank guarantee reports and submit them to your manager.
- Track and prepare monthly bank guarantee bank fees for payment consideration.
- Experience:
- Minimum of 6 years of experience in Trade Services or demonstrated equivalent work experience in a related field.
- Education:
- Bachelor’s degree (or equivalent related work experience) with a focus on finance, accounting, or a related discipline.
KLA is proud to be an equal opportunity employer
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