Finance Manager-Manufacturing

Job Title: Finance Manager - Manufacturing
Reports to: VP Finance, Operations
Department: Finance
Job Purpose:

• Responsible for management of MACOM worldwide foundry (FAB) manufacturing & operations finance activities, located at Lowell, Massachusetts Corporate facility, with responsibility for US manufacturing sites.
• To strengthen and complement the global finance team.
• To provide information, analysis and support to the Manufacturing Site leaders, VP Finance, VP Operations and the wider management team.

Main Duties and Responsibilities:

• Key business partner for Operations, Manufacturing and Finance teams. Will provide guidance and direction for improving operational and financial performance.
• Supervision of FAB accounting functions include inventory analysis, product cost reporting, and inventory excess & obsolescence.
• Responsible for WAFER inventory valuation in a standard cost environment as well as variance analysis utilizing SAP ERP.
• Monitor cycle count reporting process and physical inventory procedures.
• Operational reviews of manufacturing variances and annual standard costing updates presenting findings and recommendations to Business Unit and operational Managers.
• Manage preparation and evaluation of annual budgets for FAB operational teams.
• Revise and validate standard rates for labor and overhead as well as standard costs for wafers, sub-assemblies and finished goods; measure inventory impact; review with management.
• Cost structure analysis including actual vs forecast, fixed/variable components, absorption and utilization.
• Investigate operational issues while developing and implementing operational and financial controls to improve processes and drive cost savings.
• Perform financial modelling for operational capital expenditures /investments to achieve strategic objectives. Support CHIPS related finance activities & planning.
• Provide financial support to local management and relevant FP&A duties.
• Ownership of critical internal controls and procedures, working closely with external auditors as needed.
• Ensure business operations are compliant with company policies and best practices.
• Prepare internal reporting package including operating metrics, financial controls and performance indicators that will help in improving business performance.
  

Key Competencies Required:

• Effective Communicator.
• Planning and organizational skills.
• Good interpersonal skills.
• Confidentiality.
• Team Player and willing work in a flexible environment.
• Ability to prioritize.
• Ability to relate well to Operating, Financial and Management.
• Flexible to Travel across US & International locations as / when the business requires.

Previous Relevant Work Experience:

• 6 -10 years relevant experience in a similar role, within a multinational manufacturing environment.
• Good understanding of ERP system operation.
• SAP FI/CO experience preferred.
• Semiconductor / Electronics Industry experience preferred.
• Proficient in Excel, POWER BI & Analytical tools.

Minimum Qualifications:

• Membership of a recognized accountancy body.
• Bachelor’s Degree with major concentration in Accounting or Finance.