Senior Engineer, Industrial_TL

onsemi; Seremban; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading company in the semiconductor industry is looking for a Project Cost Reduction Engineer to manage cost-saving initiatives and oversee project execution. The ideal candidate will have strong analytical skills and extensive project management experience, aimed at driving efficiency and reducing costs across the organization.

Benefits

Statutory benefits (EPF, SOCSO, EIS)

Medical and insurance coverage

Transportation allowance

Qualifications

• Minimum 5 years of experience in project management or cost reduction.
• Advanced degree preferred.

Responsibilities

• Monitor and ensure timely execution of all cost reduction projects.
• Track project milestones and deliverables.
• Drive and initiate new cost-down projects.

Skills

Analytical skills

Problem-solving skills

Project management abilities

Communication skills

Collaboration skills

Data analysis

Education

Bachelor's degree in Industrial Engineering

Bachelor’s in Business Administration or Finance

Tools

Tableau

Job description

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Job Summary:
We are seeking a highly skilled and motivated Project Cost Reduction Engineer, Site Champion. The ideal candidate will oversee, track, and push progress for all committed cost projects' on-time execution, drive and initiate new cost-down projects across functional teams and buildup multi-year cost savings funnel. This role requires a blend of financial acumen, engineering knowledge, and strong cross-functional collaboration skills.

Job Responsibilities:

Project Oversight: Monitor and ensure timely execution of all committed cost reduction projects.

Progress Tracking: Track project milestones and deliverables, ensuring adherence to timelines and budget constraints.

Initiative Leadership: Drive and initiate new cost-down projects across various functional teams, fostering collaboration and innovation.

Cost Savings Funnel: Develop and maintain a robust cost savings funnel, identifying opportunities for continuous improvement and year-on-year savings.

Financial Analysis: Utilize financial knowledge to understand cost spend in detail by each P&L category and identify cost-saving opportunities.

Engineering Expertise: Apply engineering knowledge on materials, production supplies usage, maintenance life span, utilities to optimize cost efficiency.

Cross-Functional Collaboration: Work closely with manufacturing, process and equipment engineering, finance, procurement, and other teams to ensure cohesive and effective implementation of cost-saving measures.

Benchmarking: Benchmark cost reduction strategies across other factories & versus entitlement cost, to continuously drive down costs and improve productivity & profitability.

Reporting and Analysis: Provide regular updates and detailed reports on project progress, cost savings achieved, forecast savings and future opportunities.

Risk Management: Identify potential risks and develop mitigation strategies to ensure successful project outcomes.

Best Practices: Implement industry best practices and innovative solutions to optimize cost efficiency and operational performance.

Job Requirements:

Education: Bachelor's degree in Industrial Engineering, Business Administration, Finance, or a related field. Advanced degree preferred.

Experience: Minimum of 5 years of experience in project management, cost reduction, or a related role within the semiconductor industry.

Skills:

Strong analytical and problem-solving skills.

Excellent project management and organizational abilities.

Proven track record of driving cost reduction initiatives and achieving measurable savings.

Effective communication and interpersonal skills.

Ability to work collaboratively with cross-functional teams.

Proficiency in data analysis and reporting tools, able to customize and automate reports (e.g., through Tableau platform)

Financial knowledge to analyze cost spend and identify opportunities.

Engineering knowledge related to materials, production supplies, and maintenance life span.

Personal Attributes

Results-Oriented: Demonstrated ability to achieve goals and drive projects to successful completion.

Innovative: Creative thinker with a passion for continuous improvement and innovation.

Leadership: Strong leadership skills with the ability to motivate and influence others.

Detail-Oriented: Keen attention to detail and commitment to accuracy.

Additional Information:

Worker will be paid not less than the minimum wage according to the local applicable law.

Worker will be entitled to all the statutory benefits such as EPF, SOCSO, EIS, HRDF, and Group Insurance

Working Hours

Normal Hours:

Monday to Friday: 8.00am – 5.00pm (Please observe your location working hours)

Shift Structure:

Periodically rotating shift structure.

Night Shift : 6.00pm – 6.00am

Overtime Rate:

Overtime hours is any number of hours more than the normal hours of work completed per day.

For overtime on Ordinary Working Day and/or Off Day: rate of one and a half (1.5) times the hourly rate of pay;

For overtime on Rest Day and Public Holiday: minimum of two (2) times the hourly rate of pay.

13 working days on a prorated basis for less than 2 years of service. Max 22 working days for year of service 15+.

Others:

onsemi implements Zero Recruitment Fees for new hiring. Foreign migrant workers shall not be required to pay employers’ or agents’ recruitment fees or other related fees for their employment and no mandatory savings programs through employer or agents are allowed

Benefits – hostel (Foreign Worker only), transportation (DL employees), insurance, medical and shift allowance.

Workers can associate freely, and bargain collectively as allowed by local applicable law.

Worker is free from any type of discrimination bias based on race, color, age, gender, sexual orientation, ethnicity, disability, religion, political affiliation, union membership, national origin, marital status, or gender identity in hiring and employment practices such as applications for employment, promotions, rewards, access to training, job assignments, wages, benefits, discipline, and termination.

To report a concern, visit ethics.onsemi.com or contact onsemi Helpline at 1800-81-9976 anonymously.

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Consumer Electronics Manufacturing More than 10,000 employees

Company Profile

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and

onsemi operates a responsive, reliable supply chain and quality programs, and robust ESG programs. Headquartered in Scottsdale, Arizona, the company has a global network of manufacturing facilities, sales and marketing offices and engineering centres in its key markets.

Global Operations

While the company’s corporate headquarters are located in Scottsdale, Arizona, U.S., it operates a worldwide network of manufacturing facilities, sales offices and design centers in key markets throughout North America, the Asia Pacific regions and Europe.

Our Vision

Drive technology breakthroughs that deliver on the promise of a sustainable future.

Our Mission

We will push innovation to create intelligent power and sensing technologies that solve the most challenging customer problems. Our employees are inspired each day to increase stakeholder value through high-quality and high-value products and services.

To report a concern, please contact the anonymous onsemi Helpline at 1800 819976.

Company Profile

onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. With a highly differentiated and innovative product portfolio, onsemi creates intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way in creating a safer, cleaner, and

onsemi operates a responsive, reliable supply chain and quality programs, and robust ESG programs. Headquartered in Scottsdale, Arizona, the company has a global network of manufacturing facilities, sales and marketing offices and engineering centres in its key markets.

Global Operations

While the company’s corporate headquarters are located in Scottsdale, Arizona, U.S., it operates a worldwide network of manufacturing facilities, sales offices and design centers in key markets throughout North America, the Asia Pacific regions and Europe.

Our Vision

Drive technology breakthroughs that deliver on the promise of a sustainable future.

Our Mission

We will push innovation to create intelligent power and sensing technologies that solve the most challenging customer problems. Our employees are inspired each day to increase stakeholder value through high-quality and high-value products and services.

To report a concern, please contact the anonymous onsemi Helpline at 1800 819976.

To help fast track investigation, please include here any other relevant details that prompted you to report this job ad as fraudulent / misleading / discriminatory.