Finance Manager

Job Description

Job Description

We are looking for an experienced Finance Manager to serve as a strategic partner to our Operations, Manufacturing, and Finance teams. This role involves analyzing financial data, overseeing accounting functions, and implementing strategies to enhance operational efficiency while optimizing financial outcomes. The ideal candidate will possess strong leadership skills and a deep understanding of cost analysis and budgeting processes.

Responsibilities:
• Collaborate with Operations and Manufacturing teams to provide actionable financial insights and recommendations that improve efficiency and profitability.
• Supervise accounting functions, including inventory analysis, cost of goods reporting, and management of excess and obsolete inventory.
• Lead wafer inventory valuation processes within a standard cost framework, performing variance analyses to ensure accurate financial reporting.
• Oversee cycle count reporting and physical inventory procedures to maintain compliance and accuracy.
• Conduct thorough reviews of manufacturing variances and spearhead annual updates to standard costing, presenting findings to Business Unit leaders and Operations Managers.
• Direct the budgeting process, including preparation, evaluation, and variance analysis, for operational activities.
• Update and manage standard labor and overhead rates, as well as costs for wafers, sub-assemblies, and finished goods.
• Perform detailed analyses of cost structures, including fixed and variable costs, actual versus forecast comparisons, and utilization metrics.
• Identify inefficiencies in operations and develop internal controls to improve processes and achieve measurable cost savings.• Minimum of 5 years of experience in finance or accounting roles, preferably within manufacturing or operations environments.
• Expertise in budgeting processes, financial reporting, and cash flow forecasting.
• Proficiency in month-end close procedures and cost analysis.
• Strong analytical skills with the ability to conduct detailed inventory and variance analyses.
• Familiarity with standard costing frameworks and inventory valuation.
• Exceptional communication and presentation skills to effectively convey financial insights to stakeholders.
• Advanced proficiency in financial software and tools.
• Demonstrated ability to design and implement process improvements for operational efficiency and cost savings.