About the role

AI summarised

Senior Product Cost Manager responsible for overseeing product costing and cost analysis for a semiconductor/electronics manufacturing company. The role involves managing cost models, analyzing variances, and driving cost reduction initiatives across the supply chain and manufacturing operations.

Consumer ElectronicsFull-time

Key Responsibilities

Lead product costing activities including cost model development, maintenance, and analysis for new and existing products.
Perform detailed variance analysis between actual costs and standard costs, identifying root causes and driving corrective actions.
Collaborate with cross-functional teams (engineering, supply chain, manufacturing) to support cost reduction and profitability improvement initiatives.
Develop and maintain cost standards for materials, labor, and overhead in alignment with manufacturing processes.
Provide financial analysis and recommendations for product pricing, make vs. buy decisions, and capital investments.
Support monthly closing processes related to inventory valuation, cost of goods sold, and margin analysis.
Drive continuous improvement in costing processes and systems, including SAP cost module enhancements.
Prepare and present cost analysis reports to senior management, highlighting key trends and opportunities.
Mentor and develop junior cost analysts within the team.

Requirements

Bachelor's degree in Finance, Accounting, Business, Supply Chain Management, or related field.
Minimum 8 years of experience in product costing, cost accounting, or financial analysis in a manufacturing environment.
Strong knowledge of cost accounting principles, standard costing, and variance analysis.
Proficiency in SAP or other ERP systems, with hands-on experience in cost module.
Advanced Excel skills including pivot tables, VLOOKUP, and financial modeling.
Experience in semiconductor or electronics manufacturing industry preferred.
CMA, CPA, or CFA certification is a plus.
Excellent analytical and problem-solving skills with attention to detail.
Strong communication and presentation skills, able to convey complex financial data to non-finance stakeholders.
Ability to work cross-functionally and influence decision-making.
Proven track record of driving cost reduction and process improvement initiatives.
Occasional travel may be required to support plant locations.