Experienced Finance Cost Engineer

Samsung Electronics Perú; Austin (TX); On-site; USD 95,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) matching with immediate vesting

Onsite café(s) and workout facilities

Paid maternity and paternity leave

Paid time off + holidays

Wellness incentives and MORE

MBO bonuses based on performance

Job summary

Samsung Austin Semiconductor is seeking a Finance Cost Engineer to manage financial operations and cost controls for infrastructure projects at our foundry. You will track CapEx, forecast cash flow, review pay apps, and partner with project management, procurement, and compliance teams.

This role requires a proactive problem-solver in a fast-paced environment, with strong Excel modeling and knowledge of contracting methods. All positions are full-time and on-site with competitive benefits.

Qualifications

• Advanced understanding of capital project lifecycle stages from design through close-out.
• Deep knowledge of construction contracting methods (Lump Sum, Cost Plus, T&M).
• Strong grasp of standard accounting principles and CapEx depreciation rules.
• Expert-level spreadsheet skills for large data sets and forecasting.
• Ability to build and validate cost models and variance analyses.

Responsibilities

• Build and maintain dynamic cost-tracking databases and CBS.
• Review contractor and vendor billing against progress on site.
• Perform independent cost estimates for change orders and claims.
• Conduct monthly variance analysis against budgets and forecasts.
• Coordinate close-out audits, final accounting reconciliations, and retention releases.
• Implement value-compliance processes to optimize CapEx efficiency.

Skills

Capital project lifecycle

Construction contracting methods

CapEx accounting principles

Advanced Excel modeling

Data analysis

Tools

Pivot tables

Excel macros/VBA

Job description

About Samsung Austin Semiconductor

Samsung is a world leader in advanced semiconductor technology, founded on the belief that the pursuit of excellence creates a better world. At Samsung Austin Semiconductor, we are Innovating Today to Power the Devices of Tomorrow. Come innovate with us!

Position Summary

The Finance Cost Engineer manages financial operations and cost controls for infrastructure construction projects at our semiconductor foundry facility. You oversee all financial aspects of construction ensuring projects stay on budget and meet strict financial goals by tracking capital expenditures (CapEx), forecasting cash flow, and reviewing pay applications. You partner closely with project management, procurement, and compliance teams to mitigate financial risks and resolve cost disputes quickly. You will rely on being a proactive problem solver who thrives in a fast-paced, high-pressure, and constantly changing environment and you will deploy your collaborative mindset in building strong alignment between finance, procurement, and compliance groups.

Role and Responsibilities

• Build and maintain dynamic cost-tracking databases and project-level cost breakdown structures (CBS).
• Review contractor and vendor billing applications against physical progress on the job site.
• Perform independent cost estimates (ICE) for major change orders and contractor variation claims.
• Conduct monthly variance analysis comparing actual spend and forecasts against baseline budgets.
• Coordinate project close-out financial audits, final accounting reconciliations, and retention releases.
• Implement value compliance processes in partnership with construction managers to optimize CapEx efficiency.

Skills and Qualifications

• Advanced understanding of capital project lifecycle stages from schematic design through commissioning and close-out.
• Deep knowledge of construction contracting methods (e.g. Lump Sum, Cost Plus, Time & Material) and mechanics' liens laws.
• Strong working knowledge of standard industry accounting principles and CapEx depreciation rules.
• Expert-level spreadsheet skills (advanced Excel modeling, pivot tables, macros/VBA).
• Exceptional analytical and mathematical capabilities for handling large, complex data sets.

Total Rewards

The current base salary range for this role is between $95,000 - $120,000. Individual base pay rates will depend on factors including duties, work location, education, skills, qualifications and experience. Total compensation for this position will include a competitive benefits package and may include participation in company incentive compensation programs, which are based on factors to include organizational and individual performance.

Benefits

• Medical, dental, and vision insurance
• Life insurance and 401(k) matching with immediate vesting
• Onsite café(s) and workout facilities
• Paid maternity and paternity leave
• Paid time off (PTO) + 2 personal holidays and 10 regular holidays
• Wellness incentives and MORE
• Eligible full-time employees (salaried or hourly) may also receive MBO bonuses based on company, division, and individual performance.

All positions at Samsung Austin Semiconductor are full-time on-site.

U.S. Export Control Compliance

This role may require access to information subject to U.S. export control laws. Applicants must be authorized to access such information or eligible for government authorization.

Trade Secrets Notice

By submitting an application, you agree not to disclose to Samsung—or encourage Samsung to use—any confidential or proprietary information (including trade secrets) belonging to a current or former employer or other entity.

Equal Employment Opportunity

Samsung Electronics America, Inc. and its subsidiaries are committed to Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.

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Samsung Electronics is a global leader in technology, opening new possibilities for people everywhere. Through relentless innovation and discovery, we are transforming the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, and network systems, and the entire semiconductor industry with our memory, system LSI, foundry, and LED solutions. Samsung is also leading in the development of the Internet of Things through, among others, our Smart Home and Digital Health initiatives. Since being established in 1969, Samsung Electronics has grown into one of the world’s leading technology companies, and become recognized as one of the top global brands. Our network now extends across the world, and Samsung takes great pride in the creativity and diversity of its talented people, who drive our growth. To discover more, please visit our official newsroom at https://news.samsung.com/global/.