Director of Costing

US01 Wolfspeed, Inc.; Durham (NC); On-site; USD 120,000 - 160,000; Full time

Job summary

Wolfspeed, Inc. is seeking a seasoned cost accounting leader to guide and develop the company’s cost accounting function.

You will coach the team, partner with Finance on cost targets, and drive accurate budget versus actual analyses for product costs and factory yields. You’ll spearhead the transition of the costing system to SAP, build financial models, forecast costs for key cycles, and support audit requests.

Qualifications

• Experience leading cost accounting teams and strategic cost management.
• Ability to prepare budget vs actual analyses for product costs and factory yields.
• Experience with cost system transition to SAP.
• Strong communication with finance partners and external auditors.
• Experience with cycle counts and process improvements.

Responsibilities

• Lead and coach the cost accounting team.
• Liaise with business finance partners on cost targets.
• Prepare budget versus actual analyses for product costs and factory yields.
• Analyze variances and communicate findings to factory and business leaders.
• Lead the SAP costing system transition and participate in system design.
• Forecast product costs for annual, quarterly, and monthly cycles.
• Develop financial models to assess business strategies.
• Support external auditors and respond to audit requests.
• Monitor cycle count processes and drive operations improvements.

Skills

Cost accounting leadership

Budgeting & forecasting

Variance analysis

Financial modeling

Mentorship & coaching

Cross-functional liaison

Tools

SAP

Job description

The Day-to-Day:

A dynamic leader who can manage strategically, but also understand the details enough to effectively guide the team. Coach, mentor and lead the organization’s cost accounting team. Liaise with business Finance partners on annual and quarterly cost targets. Prepare budget versus actual analysis related to product costs and factory yields. Analyze, understand and communicate costing variances to factory and business leasers. Assume a key leadership role in the transition of the Company’s costing system to SAP, assuming an integral role in system design. Forecast product costs for all annual, quarterly, and monthly budget cycles. Financial modeling to calculate impacts of potential business strategies. Ad hoc reporting and special projects, primarily related to understanding product costs, factory output, and the enhancement of financial performance. Work with external auditors on periodic audit requests. Monitor the Company’s cycle count process and work with Operations on process improvement.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Wolfspeed is a powerhouse semiconductor company focused on silicon carbide and GaN technologies. After more than thirty years of forging new technology adoption and transformation, our Wolfspeed power and radio frequency (RF) semiconductors are leading the industry through unrivaled expertise and capacity.

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