Senior Manager, Manufacturing Finance

SiTime; Santa Clara (CA); On-site; USD 155,000 - 221,000; Full time

Benefits offered by this job

401k plan, health and wellness

Job summary

SiTime is seeking a hands-on Senior Manager, Manufacturing Finance to partner with Manufacturing Operations and Supply Chain. This leader will own manufacturing planning, inventory and standard costing, and gross margin insights to drive financial outcomes.

The role combines FP&A, cost accounting, and controllership disciplines to translate operational data into actionable financial guidance. The successful candidate will strengthen processes, controls, analytics, and cross-functional

Qualifications

• 10+ years in manufacturing finance or related roles with leadership.
• Strong knowledge of standard costing, inventory accounting and variances.
• Experience in semiconductor or hardware manufacturing preferred.
• Ability to translate operational activity into financial insight.
• Excellent written and verbal communication in a business setting.

Responsibilities

• Lead budgeting, forecasting, and long-range planning for manufacturing operations.
• Partner with Operations and Supply Chain on reviews with KPIs and variance analysis.
• Develop driver-based models linking volume, mix, yield to COGS and gross margin.
• Prepare concise financial narratives for exec reviews and forecasts.
• Oversee inventory reconciliations and valuation analyses.
• Coach and develop cost accounting resources and build analytics.

Skills

Financial modeling

Forecasting

Variance analysis

Executive communication

Cross-functional partnership

English proficiency

Education

Bachelor's degree in finance, accounting, business admin, economics

MBA / CPA / CMA preferred

Tools

Oracle Cloud ERP

SAP

Planning tools

Excel

Job description

About SiTime

SiTime is the Precision Timing company.

Timing is the heartbeat of all electronics, ensuring performance, resilience and scalability. For decades, quartz devices, non-silicon technology, have kept systems in sync, but they struggle in harsher, more demanding environments. MEMS-based Precision Timing delivers greater accuracy, smaller size and resilience. Today, MEMS timing powers over 400 applications, including high-growth ones in AI datacenters, automated driving, industrial and humanoid robots, wearables and IoT.

Our semiconductor MEMS programmable solutions offer a rich feature set that enables customers to differentiate their products with higher performance, smaller size, lower power, and better reliability. With more than 4 billion devices shipped, SiTime is changing the timing industry. For more information, visit: www.sitime.com.

Job Summary

SiTime is seeking a hands‑on Senior Manager, Manufacturing Finance, to serve as the primary finance partner for Manufacturing Operations and Supply Chain. This leader will connect operational performance to financial outcomes by owning manufacturing planning and analysis, inventory and standard costing processes, gross margin insights, capital spending analysis, and manufacturing variance reporting.

The role combines strong financial planning and analysis, cost accounting, and controllership disciplines. The successful candidate will translate detailed operational data into clear financial implications and recommended actions, while strengthening processes, controls, analytics, and cross‑functional accountability.

It is not necessary to meet all job requirements to be a qualified candidate for the position.

Lead Manufacturing Financial Planning & Analysis

• Lead budgeting, forecasting, and long-range planning for manufacturing operations, including overhead, supply chain costs, inventory, logistics, subcontractor costs, capital spending, and cost improvement initiatives.
• Partner with Operations and Supply Chain leadership on monthly and quarterly reviews, including key performance indicators, variance analysis, risks and opportunities, and corrective actions.
• Develop driver-based models connecting volume, mix, yield, supplier pricing, labor, overhead, freight, test and assembly costs, capacity, and utilization to COGS, gross margin, inventory, and cash.
• Prepare concise financial narratives for executive reviews, the annual operating plan, quarterly forecasts, monthly close commentary, and ad hoc scenarios.

Drive Gross Margin and Manufacturing Cost Performance

• Lead analysis of gross margin performance and identify trends, risks, and opportunities across manufacturing operations, sales mix, supply chain, and engineering initiatives.
• Analyze purchase price, yield, usage, mix, freight, subcontractor, overhead, and utilization variances; quantify financial impact and partner with operating teams on root‑cause resolution.
• Build repeatable gross margin and inventory bridges across price, volume, mix, cost, yield, utilization, and timing.
• Validate cost‑reduction assumptions, track realized savings and maintain accountability for margin improvement actions.

Own Standard Costing and Cost Accounting

• Lead the standard cost update and cost rollup process, including bills of material, supplier pricing, yield assumptions, test and assembly costs, routings, and overhead rates.
• Ensure standards are accurate, documented, controlled, and aligned with current manufacturing economics and operational assumptions.
• Support new product introductions by validating early cost models and establishing scalable costing processes for new products and manufacturing flows.
• Partner with Accounting during monthly and quarterly close to support accurate inventory, COGS, manufacturing variance, and balance sheet reporting.

Strengthen Inventory Finance and Controls

• Oversee subledger‑to‑general‑ledger inventory reconciliations, valuation reviews, reserve analysis support, and timely resolution of reconciling items.
• Analyze inventory turns, movements, adjustments, cycle counts, scrap, excess and obsolete exposure, and working capital implications.
• Improve inventory workpapers, ownership, review cadence, exception tracking, supporting documentation, and audit readiness.
• Support internal and external audits relating to inventory, standard costs, reserves, manufacturing variances, and related controls.

Lead Capital Spending Analysis

• Evaluate capital requests with Operations, Engineering, and Finance, including business cases, return on investment, payback, capacity impact, and strategic alignment.
• Maintain visibility into approved projects, actual and forecast spending, timing risks, capitalization assumptions, and capital productivity.
• Highlight underutilized assets, delayed programs, cost overruns, and opportunities to improve capital discipline and post‑investment accountability.

Build Scalable Processes and Develop the Team

• Supervise, coach, and develop cost accounting and operations finance resources; set priorities, review deliverables, and build analytical capability.
• Partner with Operations, Supply Chain, Engineering, Accounting, IT, and FP&A to improve transparency, decision quality, and ownership.
• Simplify manual processes, automate recurring analysis, and support ERP and reporting improvements for inventory and manufacturing finance.
• Balance strong controls with practical, efficient processes suited to a fast‑moving global semiconductor business.

Qualifications & Requirements

• Bachelor's degree in finance, Accounting, Business Administration, Economics, or related field; MBA, CPA, CMA, or comparable credential preferred.
• 10+ years of progressive experience in manufacturing finance, operations finance, FP&A, cost accounting, inventory accounting, or related roles, including leadership responsibility.
• Deep knowledge of standard costing, inventory accounting, manufacturing variances, purchase price variance, yield variance, COGS, gross margin, working capital, and balance sheet reconciliations.
• Experience in semiconductor, electronics, hardware, or another technology‑driven manufacturing environment is strongly preferred.
• Demonstrated ability to partner with Operations and Supply Chain leaders and convert operational activity into financial insight and business recommendations.
• Strong financial modeling, forecasting, variance analysis, and data interpretation skills, with the ability to work through large, complex datasets.
• Hands‑on experience with ERP and financial systems, preferably Oracle Cloud ERP, SAP, or similar platforms; experience with planning, reporting, and visualization tools is a plus.
• Advanced Excel skills and experience building repeatable models, reconciliations, dashboards, and analytical templates.
• Excellent written and verbal communication skills, including the ability to explain complex cost, inventory, and margin topics to finance and non‑finance audiences.
• English proficiency is required, including the ability to effectively communicate, collaborate, and perform job responsibilities in a professional business environment.

Desired Characteristics & Attributes

• Hands‑on leader who can review transaction‑level detail and deliver clear executive‑level commentary.
• Trusted business partner who maintains financial discipline while building productive cross‑functional relationships.
• Curious and proactive problem solver who identifies root causes and drives action, rather than only reporting results.
• High ownership, attention to detail, and commitment to accuracy, timeliness, and accountability.
• Comfort operating in a fast‑paced, evolving environment with global teams, shifting priorities, and increasing complexity.

Measures Of Success

• Manufacturing forecasts are accurate, driver‑based, and clearly connected to operational assumptions.
• Gross margin, PPV, yield, and other manufacturing variances are explained through clear root causes and action plans.
• Standard costs are timely, accurate, documented, and supported by cross‑functional review.
• Inventory reconciliations, valuation processes, and controls are consistently audit‑ready.
• Capital spending is visible, disciplined, and supported by sound business cases and follow‑through.
• The manufacturing finance team provides timely insight and scales effectively with the business.

Compensation Range

At SiTime, we believe great work deserves great rewards. We offer a comprehensive and highly competitive compensation package designed to attract top talent.

The annual base salary range for this role is $154,710.00 – $221,230.00. The final offer is determined by factors such as location, experience, education, and training.

In addition to base salary, this role is eligible for a quarterly bonus tied to the achievement of innovation goals—reflecting our commitment to recognizing meaningful impact. We also offer equity grants, providing a meaningful opportunity to share in the company’s future growth and success.

Benefits offered

• 401k plan, health and wellness that includes medical, dental, vision, life, parental leave, legal services, and time off plans.

SiTime is an Equal Opportunity Employer . We treat each person fairly and we do not tolerate discrimination or harassment against anyone on the basis of any protected characteristics, including race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, pregnancy, political affiliation, protected veteran status, protected genetic information, or marital status or other characteristics protected by law. SiTime participates in the E-Verify program.

Learn More about SiTime:

• Innovation on Top – Philosophies of Innovation with Rajesh Vashist
• Fabrication Knowledge – An Interview with Rajesh Vashist
• SiTime Corporation – YouTube