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Central Engineering Portfolio Manager (M5)

Applied Materials

Applied Materials

Santa Clara, CA, USA
USD 158,500-218k / year + Equity
Posted on Dec 2, 2025

Who We Are

Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world.

What We Offer

Salary:

$158,500.00 - $218,000.00

Location:

Santa Clara,CA

You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more.

At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits.

Applied Materials is the leader in materials engineering solutions to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. Our innovations make possible™ the technology shaping the future. To achieve this, we employ some of the best, brightest, and most talented people in the world who work together as part of a winning team.

While virtually every nationality, culture, and background are currently represented within Applied Materials, we strive for a more robust Culture of Inclusion (COI) and diversity. Leveraging our COI vision helps drive innovation, build organizational capabilities, create equal opportunities for everyone, and achieve our company’s definition of Winning.

The Portfolio Manager for Central Engineering is a strategic and operational finance leader supporting a complex, global Center of Excellence (COE). Reporting to the Director of Central Product Development, this role anticipates business challenges, delivers critical analysis, and provides sound financial guidance to influence executive decision-making and drive investment strategies. The position partners with cross-functional teams worldwide and independently supports multiple dynamic COE teams.

Major Responsibilities

Strategic Finance Leadership: Act as a trusted partner to Central Engineering executive management, providing financial leadership, actionable insights, and decision support to drive investment strategies and operational execution.

Opex & Capital Oversight: Collaborate with Operations to manage Opex within targets, prioritize projects, and oversee capital spending plans and tracking.

Quarterly Planning: Lead quarterly Opex planning by project, including labor, controllable expenses, depreciation, and allocations. Present comprehensive Opex plans to senior management.

Business Case Analysis: Contribute to quarterly updates of R&D program business case NPV models, including forecasting revenue, cost of sales, Opex, and cash flow.

Resource Allocation: Partner with SPG BUs on central engineering resource planning, execute PRM resource allocation processes, and ensure alignment and clear communication.

Financial Forecasting & Decision Support: Prepare and present financial forecasts, offering data-driven recommendations to support strategic decisions.

Systems & Process Optimization: Collaborate within Finance and BU teams to implement tools such as Anaplan, SAP BPC, Tableau, and PRM to streamline R&D spend reporting and analysis.

Model Development: Build ad-hoc Opex models to support long-term strategic planning.

Data Integrity & Storytelling: Ensure accuracy of financial data and help leadership craft a compelling narrative of the BU’s performance through forecasting, budgeting, and financial close processes.

Qualifications & Preferences

  • Executive level communications but also aptitude to drive detailed process and data analytics to support engineering program management.

  • 10–15 years of experience in corporate finance, preferably in semiconductor or components manufacturing.

  • 2+ years of people management experience preferred.

  • Very strong Excel skills, including modeling

  • Strong systems capabilities, preferably with Anaplan, SAP BPC, tableau and PRM

  • Analytical and problem-solving skills

  • Interpersonal skills to engage with partners to understand key issues, develop recommendations and implement actions to improve the business results

  • Experience in P&L reporting and analysis

  • Basic accounting knowledge

  • Other valued characteristics – Assertiveness, initiative, communication, curiosity about the business, team oriented, collaborative

  • Experience in semiconductor equipment or other manufacturing enterprises

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

Yes, 10% of the Time

Relocation Eligible:

Yes

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

In addition, Applied endeavors to make our careers site accessible to all users. If you would like to contact us regarding accessibility of our website or need assistance completing the application process, please contact us via e-mail at Accommodations_Program@amat.com, or by calling our HR Direct Help Line at 877-612-7547, option 1, and following the prompts to speak to an HR Advisor. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.