Manufacturing Cost Analyst

GLOBALFOUNDRIES U.S. 2 LLC; Town of Malta (NY); On-site; USD 93,000 - 121,000; Full time

Job summary

GlobalFoundries, a leading semiconductor foundry, seeks a Manufacturing Cost Analyst in Malta, NY. You will participate in product costing, build costs for products, and support budget and long-range planning efforts.

You will interact with factory leaders to improve cost efficiency across locations in the USA, Germany, and Singapore. The role requires a Master’s in Accounting/Finance and 2+ years in manufacturing finance or cost accounting, with ERP experience (Oracle/SAP).

Qualifications

• Master’s Degree in Accounting, Finance, or related field or foreign equivalent.
• 2+ years of manufacturing finance or cost accounting experience.
• Experience with monthly close processes, journal entries, and reconciliations.
• Experience with ERP systems like Oracle or SAP for cost reporting.
• Ability to present materials to finance and non-finance stakeholders.

Responsibilities

• Participate in all aspects of the product costing process.
• Assist with cost build-ups for specific products and budget/forecast support.
• Monitor actual performance against budget and support long-range planning.
• Develop product-specific cost data for USA, Germany, and Singapore manufacturing.
• Interact with factory leaders to describe operational issues affecting cost efficiency.

Skills

Cost accounting

Variance analysis

Financial reporting

Stakeholder communication

Education

Master's in Accounting/Finance

Tools

Oracle ERP

SAP ERP

Excel

Job description

Manufacturing Cost Analyst Malta, NY

About GlobalFoundries

GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GlobalFoundries makes possible the technologies and systems that transform industries and give customers the power to shape their markets. For more information, visit www.gf.com.

Summary of Role

Participate in all aspects of the product costing process at GlobalFoundries.

Essential Responsibilities

Participate in all aspects of the product costing process at GlobalFoundries. This includes assisting with the build up of cost for specific products, budget P&L preparation support as well as monitoring actual performance against the budget, and involvement in strategic business case support as part of our long range planning process. Support team members located in the US, Germany and Singapore. Support monthly forecasting, actuals and variance analysis. Develop product specific cost for products manufactured at our factories in the USA, Germany and Singapore. Interact with factory leaders to understand and help describe operational issues that affect GF’s cost efficiency. Report to executive leadership the monthly financial results with a focus on cost performance. Drive diligent cost analytics in support of new product business cases. Maintain and support cost information that feeds the GF Long Range Strategic Planning process. Ad hoc analysis and reporting defined by the needs of the business.

Other Responsibilities

• Perform all activities in a safe and responsible manner and support all Environmental, Health, Safety & Security requirements, and programs.

Required Qualifications

• Education – Master’s Degree in Accounting, Finance, a related field, or foreign equivalent.
• Experience 2 years of post-baccalaureate experience in job offered or any related finance roles. Applicants must possess at least 2 years of experience in the following: (1) manufacturing finance or cost accounting; (2) monthly close process including journal entries and account reconciliations; (3) ERP systems such as Oracle or SAP to create inventory and cost reports; (4) performing analysis of variances including the absorption of fixed cost and impact of volumes; (5) create forecast models and tools for tactical and strategic planning; (6) presenting materials to both finance and non-finance stakeholders; and (7) variance accounting.

Telecommuting

Telecommuting permitted less than 50% per week within the same geographic location as the assigned GlobalFoundries office location.

Expected Salary Range

Salary range: $92,700 –$ 120,700/year. The exact Salary will be determined based on qualifications, experience and location.

An offer with GlobalFoundries is conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.

Equal Opportunity

GlobalFoundries is fully committed to equal opportunity in the workplace and believes that cultural diversity within the company enhances its business potential.

GlobalFoundries goal of excellence in business necessitates the attraction and retention of highly qualified people. Artificial barriers and stereotypic biases detract from this objective and may be illegally discriminatory.

All policies and processes which pertain to employees including recruitment, selection, training, utilization, promotion, compensation, benefits, extracurricular programs, and termination are created and implemented without regard to age, ethnicity, ancestry, color, marital status, medical condition, mental or physical disability, national origin, race, religion, political and/or third-party affiliation, sex, sexual orientation, gender identity or expression, veteran status, or any other characteristic or category specified by local, state or federal law.

Company Culture

We shape what's essential At GlobalFoundries you will find a vibrant work environment where collaboration and innovation thrive. Our diverse and global team shares a culture of respect and inclusivity, representing the best in the industry. We celebrate success together and are united by our dedication to excellence and our desire to improve and empower the world.