Senior Cost Engineer – Semiconductor Fab

Vanguard International Semiconductor Corporation; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

Vanguard International Semiconductor Corporation in Singapore is seeking an experienced Cost Management and Planning Engineer to support planning, estimating, budgeting, and cost management for semiconductor fab operations. The role collaborates with engineering, material management, and project teams to identify cost-saving opportunities without compromising safety, quality, or fab objectives.

A detail-oriented mindset and strong data analysis skills are essential for delivering timely cost

Qualifications

• Bachelor’s degree in industrial engineering, manufacturing engineering, or related field.
• Knowledge of semiconductor manufacturing, wafer fab operations preferred.
• Experience in capacity planning, cycle time management, WIP control and productivity optimization is a plus.

Responsibilities

• Establish and maintain cost management procedures, systems, processes and benchmarking data.
• Develop and maintain the Cost Breakdown Structure (CBS) and cost coding system aligned with the WBS.
• Track actual expenditures against approved budgets and identify potential cost overruns early.
• Analyse actual expenditure, commitments, accruals, and remaining budget to determine fab financial position.
• Identify cost variances and develop recommendations for corrective actions.
• Prepare monthly expenditure reports, yearly budget forecasts, and management dashboards.
• Prepare biweekly financial rolling forecast and periodic cost down projects report for management review.
• Coordinate with finance to ensure commitments are accurately captured.
• Identify potential budget shortfalls and unused funds.
• Support budget transfers, reallocations, and management reserve control in accordance with fab requirement.
• Maintain accurate and up-to-date cost down projects records throughout the project lifecycle.

Skills

Cost management

Budgeting

Cost modelling

Data analysis

Communication

Presentation

Adaptability

Accountability

Education

Bachelor's degree in Industrial Engineering or related field

Tools

JMP

SQL

Tableau/Power BI

PROMIS MES

Job description

Vanguard International Semiconductor Corporation in Singapore is seeking an experienced Cost Management and Planning Engineer to support planning, estimating, budgeting, and cost management for semiconductor fab operations. The role collaborates with engineering, material management, and project teams to identify cost-saving opportunities without compromising safety, quality, or fab objectives.

A detail-oriented mindset and strong data analysis skills are essential for delivering timely cost