Cost Accountant

Posted 3 Hours Ago
Be an Early Applicant
7 Locations
In-Office or Remote
Junior
Hardware • Semiconductor • Manufacturing
The Role
Performs monthly and quarterly close, inventory valuation, audits, intercompany pricing, cycle count coordination, inventory aging monitoring, and compliance with GAAP and internal controls. Collaborates with finance, operations, procurement, IT, and factory leadership to standardize costing procedures, improve automation and accuracy, support inventory initiatives, and train stakeholders. The role also contributes to strategic process improvements supporting semiconductor manufacturing expansion.
Summary Generated by Built In

What you will gain from this role:

  • Strategic partnerships across TMG sites in the regions as well as US inventory team. Engagement with sites leadership while maintaining billion-dollar inventory valuations and leading transformational process improvements that directly support TI’s must dos
  • Functional understanding of cost accounting and related systems and processes 
  • Cross-functional teaming for inventory-related process improvements 
  • In depth understanding of TI manufacturing processes 

Responsibilities include:

  • Monthly and quarterly close, inventory valuation, audits, intercompany pricing, and full compliance with Internal Control Checklist (ICC), TI Policies & Procedures, and GAAP 
  • Participating in process standardization efforts to harmonize costing procedures across A/T factories
  • Executing cycle count planning, coordination, and follow-up across factory
  • Supporting Cycle Count Consolidation initiative—streamline procedures, improve accuracy, reduce manual effort
  • Monitoring inventory aging and compliance
  • Coordinating with site procurement and operations teams on inventory compliance requirements
  • Collaborating with finance and management teams on periodic reviews and ad hoc analysis 
  • Continuously seeking process improvements, including but not limited to automation, efficiency, accuracy, and increased robustness
  • Driving strategic vision for how accounting processes and control requirements can support future factory expansion and increasing production volumes
  • Leading and participating on a variety of priorities teams and initiatives with close partnership with IT, including a worldwide project to evaluate and redesign TI’s approach to inventory ownership and costing
  • Training individuals within the team or other functions on the inventory accounting or compliance to ensure understanding and alignment on each function’s objectives and requirements.

This role is open to employees in Org193 in U.S.,China, Taiwan, Mexico, Philippines and Malaysia

Qualifications

Minimum requirements:

  • Bachelor's degree in Finance, Operations, Accounting, Business, Engineering or related field
  • 2+ years of relevant Experience (TI systems and processes, operational experience, etc..)

Preferred Qualifications:

  • Proficiency in SAP, Excel, BPC, Spotfire, and Business Objects 
  • Fundamental understanding of semiconductor manufacturing processes 
  • General knowledge of accounting principles and internal controls, including GAAP and inventory accounting
  • Strong organizational, strategic, and critical thinking skills 
  • Advanced time management and prioritization abilities 
  • Strong understanding of internal control principles and accounting policies and procedures 
  • Ability to influence and collaborate across broad levels of management and functions 
  • Strong verbal and written communication skills 
  • Strong presentation skills 
  • Demonstrated strong analytical and problem-solving skills 
  • Ability to work in teams and collaborate effectively with people in different functions 
  • Ability to take initiative and drive results 
  • Effective communication and teamwork skills 
  • Ability to work effectively in a fast-paced and rapidly changing environment 
  • Demonstrated ability to build strong, influential relationships 
About Us
Why TI?
  • Engineer your future. We empower our employees to truly own their career and development. Come collaborate with some of the smartest people in the world to shape the future of electronics.
  • We're different by design. Diverse backgrounds and perspectives are what push innovation forward and what make TI stronger. We value each and every voice, and look forward to hearing yours. Meet the people of TI
  • Benefits that benefit you. We offer competitive pay and benefits designed to help you and your family live your best life. Your well-being is important to us. Please find our country-specific benefits here

About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.

Texas Instruments is an equal opportunity employer and supports a diverse, inclusive work environment.

If you are interested in this position, please apply to this requisition.

Skills Required

  • Bachelor's degree in Finance, Operations, Accounting, Business, Engineering, or a related field
  • At least 2 years of relevant experience, including experience with TI systems and processes or operational experience
  • Proficiency in SAP, Excel, BPC, Spotfire, and Business Objects
  • Fundamental understanding of semiconductor manufacturing processes
  • Knowledge of accounting principles and internal controls, including GAAP and inventory accounting
  • Strong organizational, strategic, critical-thinking, analytical, and problem-solving skills
  • Advanced time management and prioritization abilities
  • Ability to influence and collaborate across management levels and functions
  • Strong verbal, written, and presentation skills
  • Ability to work effectively in teams and collaborate across functions
  • Ability to take initiative and drive results
  • Ability to work effectively in a fast-paced and rapidly changing environment
  • Ability to build strong, influential relationships

Texas Instruments Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Texas Instruments and has not been reviewed or approved by Texas Instruments.

  • Strong & Reliable Incentives Profit sharing and annual bonuses are portrayed as a meaningful, formula-linked upside that can materially lift total earnings in strong years. An employee stock purchase plan with a discount further reinforces recurring, wealth-building incentives.
  • Retirement Support A 401(k) match is described as a stable core benefit, with some references to additional legacy employer contributions and even pension-like elements for certain cohorts. This framing positions long-term savings support as a notable part of the overall rewards package.
  • Healthcare Strength Medical coverage is depicted as broadly comprehensive, with preventive care and access to HSA/FSA features cited as value-adds. Company-seeded HSA contributions are repeatedly characterized as an important offset to the plan design for those enrolled.

Texas Instruments Insights

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The Company
HQ: Dallas, TX
25,059 Employees

What We Do

Texas Instruments develops semiconductor and computer technology for cellular handsets, digital signal processors and analog semiconductors. Texas Instruments has been making progress possible for decades. We are a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips. Our more than 80,000 products help over 100,000 customers efficiently manage power, accurately sense and transmit data and provide the core control or processing in their designs, going into markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – opening new markets and making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It’s what we do and have been doing for decades. Learn more https://news.ti.com/index.cfm

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