Job Summary
The Cost Accounting Manager collaborates with business units for inventory and cost management, and drives product profitability to achieve business growth objectives. The role is also primarily responsible for financial planning and analysis activities, support business units in budgeting and forecasting exercises and analyzing financial data to facilitate business decisions. This is a business partnering role.
Responsibilities
Cost Accounting and Inventory Management
- Responsible for periodic cost accounting close, balance sheet reconciliation review (inventory), variances analysis for financial reporting and flux review.
- Collaborate with cross-functional teams to analyze manufacturing cost variances, product margin and drive improvement initiatives to improve operational efficiency and product margin.
- Review margin report on weekly basis to identify product group/items with unreasonably low margin/loss making/missed billings/missed COGS etc.
- Review work orders and manufacturing variances periodically, identify root causes and drive for solutions to improve variances.
- Support annual cost roll exercise, review cost data and cost simulation.
- Support global team to develop and implement effective costing methodologies and processes to enhance accuracy and efficiency.
- Work with Inventory Control team for quarterly E&O review exercise.
- Support inventory management for annual physical counts and daily cycle counts activities.
- Review and ensure inventory transactions are approved and performed in accordance with Finance policies and procedures.
- Business partnering with Operations to drive efficiency and integrity in inventory transactions.
- Review published reports (weekly sales, gross margin analysis, inventory report, manufacturing costs analysis, work order variances dashboard etc), highlight and drive business for improvement if deviated trend is noted.
- Monitor and evaluate key performance indicators (KPIs) to assess the effectiveness of cost management strategies.
Financial Planning and Analysis (FP&A)
Support annual operating plan (AOP) and forecast flash process for Singapore manufacturing plant, align budget/forecast target with global goals.
- Work with business units on resources and capacity planning for manufacturing costs budget.
- Participate in the quarterly business review, perform cost variances analysis against forecast.
- Provide detailed cost reports and forecasts, identifying trends and proposing strategies to minimize cost variances.
Others
- Maintain strong internal controls and compliance with Sarbanes-Oxley (SOX) regulations.
- Support US GAAP, SOX, tax and statutory audits.
- Drive continuous improvement initiatives to improve operational efficiency and eliminate non-value added activities.
- Partner with IT and project team to resolve and enhance cost accounting system and processes related to end to end supply chain and manufacturing process.
Review monthly survey and annual census for EDB reporting
Requirements
- Recognized degree, ACCA graduate or other equivalent professional accounting qualification.
- At least 8 years of cost accounting experience in a manufacturing environment.
- Audit experiences from established public practices will be an advantage.
- Strong management accounting knowledge and analytical skills.
- Independent, mature, self-motivated and possess ‘can-do’ attitude.
- High attention to details, organizational skills, and problem-solving abilities.
- Advanced proficiency in Microsoft applications (Excel/Powerpoint), other data analysis tools (Power BI) and ERP systems (preferably Oracle Cloud).
- Excellent communication and interpersonal skills, with ability to collaborate across departments.
Skills Required
- Recognized degree, ACCA graduate or other equivalent professional accounting qualification
- At least 8 years of cost accounting experience in a manufacturing environment
- Strong management accounting knowledge and analytical skills
- Advanced proficiency in Microsoft applications (Excel/PowerPoint), other data analysis tools (Power BI) and ERP systems (preferably Oracle Cloud)
Ichor Systems, Inc. Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ichor Systems, Inc. and has not been reviewed or approved by Ichor Systems, Inc..
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Affordable Benefits — A premium‑free medical plan fully covered by the employer is available for eligible U.S. employees, with indications of premium‑free family coverage in some contexts. Coverage breadth includes medical, dental, vision, and tax‑advantaged HSA/FSA options.
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Retirement Support — A 401(k) match of 50% on the first 8% with immediate vesting supports long‑term savings. Life and disability insurance further reinforce financial protection.
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Equity Value & Accessibility — An Employee Stock Purchase Plan at a 15% discount enables broad participation in ownership. Plan availability is described as global, subject to standard plan terms.
Ichor Systems, Inc. Insights
What We Do
We are a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. Our product offerings include gas and chemical delivery systems and subsystems, collectively known as fluid delivery systems and subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. Our gas delivery subsystems deliver, monitor, and control precise quantities of the specialized gases used in semiconductor manufacturing processes such as etch and deposition. Our chemical delivery systems and subsystems precisely blend and dispense the reactive liquid chemistries used in semiconductor manufacturing processes such as chemical-mechanical planarization, electroplating, and cleaning. We also provide precision-machined components, weldments, e‑beam and laser-welded components, precision vacuum and hydrogen brazing and surface treatment technologies, and other proprietary products. This vertically integrated portion of our business is primarily focused on metal and plastic parts that are used in gas and chemical systems, respectively. We are strategically located to provide the highest level of customer service and support from our program management, sales, engineering, and executive management teams. Ichor is headquartered in Fremont, California, and we have production facilities in California, Oregon, Texas, Nevada, Minnesota, Singapore, Malaysia, Korea, Mexico, and the UK, staffed by our 2000+ team members.
