Job Description The focus of this position is to serve as a financial steward of subcon operations in support of the OSAT Finance Legacy Cypress (LCY) Manager.
Situated in the heart of Finance Operations Penang, this position entails close collaboration with regional stakeholders as necessary for effective cost controlling and forecasting driven by a productivity-centric mindset.
In this role, your responsibilities include, but are not limited to the following: Cost Center Controlling, Forecasting, and Financial Reporting Drive effective cost center controlling and forecasting to deliver value-added contributions towards achieving the productivity and forecast accuracy targets for the overall OSAT segment.
Participate in month-end closing review meeting with OSAT Finance Management to provide analyses and explanations on the reported financial results against the Financial Rolling Forecasts (FRFC) and Outlook.
Co-steer the annual Total Cost Roadmap (TCR) preparation based on the IFX methodology, including liaisons with internal stakeholders (e.g.
HQ Finance, Logistics, Operations Planning Control, Procurement) to derive conclusive cost calculations.
Analyze and apply the financial effects arising from risks and opportunities in a highly dynamic business environment, including changes in price/volume, subcon charging model, and organizational strategies.
Perform key month-end closing activities, including journal entries preparation and balance sheet reconciliation on the relevant accounts.
Product Costing Support Prepare standard costing based on the IFX methodology for OSAT adders for inventory valuation purpose.
Support the LCY Product Costing team with product cost requests.
Collaborate closely with the LCY Product Costing team to achieve synergy through process improvements.
Financial and Business Compliance Validate/Approve purchase requisitions against forecast commitments with a productivity-driven approach.
Monitor maintenance and consumable expenses in both actuals and forecasts, including the management of open purchase orders (PO) and timely closure of unused POs.
Coordinate subcon inventory cycle count based on the IFX Test 10methodology, including collaborations with the Operations team to ensure timely and accurate count performance with supporting documentation.
Ensure compliance with the SOX internal controls requirements for relevant processes.
Additional Involvements Prepare analyses in response to ad-hoc requests from internal stakeholders, including Division Finance.
Support the digitalization of incumbent processes in line with the strategic excellence roadmap for OSAT.
Manage one SAP costing and reporting tasks progressively alongside the overall system integration plan.
Your Profile You are best equipped for this task if you have: Bachelor's Degree in Finance or Accounting; MBA/CPA/CIMA is a plus.
5 to 7 years of manufacturing/operations finance, FP&A and/or cost accounting experience, preferably in semiconductor or high-tech industries with a multinational environment.
Proficient in Oracle system; SAP system knowledge is a plus.
Advanced MS Excel spreadsheet skills with an affinity or passion for IT tools and digitalization, including Tableau.
Detail-oriented, well-organized and accurate business sense in utilizing structured financial data to influence corporate decision-making.
Strong interpersonal skills with the ability to convey complex financial topics to Management and collaborate cohesively and effectively across all relevant stakeholder groups.
Good command of English with the versatility in communicating across regions and time zones when required.
Prior exposure to cross-functional team collaboration and/or functional leadership is a plus.
Highly motivated by productivity achievements with a deep-rooted interest in continuous process improvements.
Keen to gain knowledge on semiconductor markets, financial-driven interrelations, as well as our products and the technical aspects of semiconductors.
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