Cost Management Lead

Foxconn E BG Group; El Paso (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Foxconn is seeking a Cost Management Lead to oversee FP&A, budgeting, forecasting, and cost control; lead the PBU CM team, manage inventory and fixed assets, and drive cost optimization across the organization.

In this role you will work with senior management to develop financial strategies, provide timely month-end close, variance analyses, and performance insights to support strategic decisions. A strong background in SAP and ERP systems is preferred.

Qualifications

• Bachelor's degree in finance or accounting.
• 10+ years in FP&A, budgeting and forecasting.
• Experience with ERP systems; SAP preferred.
• Big Four experience preferred.

Responsibilities

• Refine cost-related transactions and ensure alignment with HQ procedures.
• Manage inventory and fixed assets, perform counts, ensure record accuracy.
• Oversee month-end closing and deliver timely financial reports and variance analyses.
• Lead the CM team with coaching and performance feedback.
• Monitor KPIs and communicate insights to senior management.
• Collaborate with leadership to set targets and support cost optimization initiatives.

Skills

Financial planning

Budgeting

Forecasting

Financial analysis

Leadership

Education

Bachelor's degree in finance or accounting

Master's degree or CPA preferred

Tools

SAP

ERP systems

Job description

Established in Taiwan in 1974, Hon Hai Technology Group, commonly known as Foxconn, is the world’s largest electronics manufacturer and leading provider of technological solutions with a network of over 233 campuses across 24 countries. In the US, Foxconn employs 8,000 across 56 different sites with manufacturing operations in Virginia, Wisconsin, Ohio, Indiana, Texas, and California. As of 2025, Foxconn ranks 28th among the Fortune Global 500 and reported revenue of approximately USD $259 billion.

The company’s diverse product offerings span four major segments: smart consumer electronics, cloud, and networking solutions, computing, and various other components. Foxconn makes 40% of the consumer electronics that we find in our everyday lives. In recent years, Hon Hai has adopted the 3+3 strategy, focusing on three emerging industries - electric vehicles, digital health solutions, and robotics - while leveraging three key technologies: next-generation communications, artificial intelligence (AI), and semiconductors. Together, these initiatives position the company as a leader in innovation for the 21st century.

Hon Hai Technology Group is deeply committed to championing environmental sustainability within its manufacturing processes. By integrating sustainability into its operations framework, the company strives to serve as a best-practice model for global enterprises, enhancing corporate responsibility while meeting the growing demand for environmentally conscious production methods.

Job Summary:

The Cost Management Lead is responsible for overseeing financial planning, budgeting, forecasting, cost management, and financial reporting to ensure accurate financial performance tracking and compliance with HQ procedures. This role leads the PBU CM team, manages inventory and fixed asset controls, drives cost optimization and process improvements, and ensures timely month-end closing and achievement of financial targets. The Cost Management Lead works closely with senior management and cross-functional teams to provide financial insights, support strategic business decisions, and improve overall business performance and cost efficiency.

Duties and Responsibilities:

• Refine AP/Inventory/Cost/AR/Overseas expense-related transactions and ensure local processes comply with HQ procedures;
• Manage inventory and fixed assets, implement physical counts, and ensure book record accuracy.
• Oversee month-end closing and provide accurate and timely financial reports, including variance analysis, financial statements and management reports, as well as financial planning and analysis, including budgeting, forecasting, financial modeling, and reporting.
• Lead the PBU CM team by defining the CM organization and providing guidance, coaching, training and performance feedback to ensure high-quality work output.
• Monitor key financial performance indicators, identify trends, and communicate insights and recommendations to senior management.
• Collaborate with senior management to develop financial strategies, set financial targets, and support strategic initiatives, investment evaluations, pricing decisions, and cost optimization efforts.
• Develop and maintain relationships with key stakeholders across departments, fostering effective communication and collaboration.
• Drive process improvements in financial planning and analysis through technology and automation, define and implement business and functional financial indicators, as well as drive the organization to achieve targets, and support ad hoc assignments.

Education:

• Bachelor's degree in finance, accounting, or a related field required.
• A master's degree or professional certification (e.g., CPA) is preferred.

Experience:

• 10+ years of proven experience in financial planning and analysis, budgeting, and forecasting.
• Strong knowledge of accounting principles, financial regulations, and industry best practices.
• Experience with ERP systems and proficiency in financial data extraction, analysis and reporting.
• Experience with SAP is preferred.
• Prior experience with a Big Four accounting firm is preferred.

Physical Demands & Working Conditions:

Primarily works in an office environment with extended periods of sitting and computer use. May occasionally walk through office, manufacturing, or operational areas to gather cost and production information. May lift or carry documents, files, or office equipment up to 15 lbs. Requires visual attention to detailed financial data and the ability to work effectively under deadlines.

EEOC Statement

Foxconn is an equal opportunity employer that is committed to diversity and inclusion in the workplace. Foxconn prohibits discrimination and harassment of any kind and provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, gender, religion, sex, sexual orientation, ethnicity or national origin, age, disability, marital status, genetics, pregnancy, or any other protected characteristic as outlined by federal law. In addition to federal law requirements, Foxconn complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, and transfer, leaves of absence, compensation, and training.