Manufacturing Cost Analyst
Malta, NY
About GlobalFoundries:
GlobalFoundries is a leading full-service semiconductor foundry providing a unique combination of design, development, and fabrication services to some of the world’s most inspired technology companies. With a global manufacturing footprint spanning three continents, GlobalFoundries makes possible the technologies and systems that transform industries and give customers the power to shape their markets. For more information, visit www.gf.com.
Summary of Role:
Participate in all aspects of the product costing process at GlobalFoundries.
Essential Responsibilities:
Participate in all aspects of the product costing process at GlobalFoundries. This includes assisting with the build up of cost for specific products, budget P&L preparation support as well as monitoring actual performance against the budget, and involvement in strategic business case support as part of our long range planning process. Support team members located in the US, Germany and Singapore. Support monthly forecasting, actuals and variance analysis. Develop product specific cost for products manufactured at our factories in the USA, Germany and Singapore. Interact with factory leaders to understand and help describe operational issues that affect GF’s cost efficiency. Report to executive leadership the monthly financial results with a focus on cost performance Drive diligent cost analytics in support of new product business cases. Maintain and support cost information that feeds the GF Long Range Strategic Planning process. Ad hoc analysis and reporting defined by the needs of the business.
Other Responsibilities:
· Perform all activities in a safe and responsible manner and support all Environmental, Health, Safety & Security requirements, and programs.
Required Qualifications:
· Education – Master’s Degree in Accounting, Finance, a related field, or foreign equivalent.
· Experience 2 years of post-baccalaureate experience in job offered or any related finance roles. Applicants must possess at least 2 years of experience in the following: (1) manufacturing finance or cost accounting; (2) monthly close process including journal entries and account reconciliations; (3) ERP systems such as Oracle or SAP to create inventory and cost reports; (4) performing analysis of variances including the absorption of fixed cost and impact of volumes; (5) create forecast models and tools for tactical and strategic planning; (6) presenting materials to both finance and non-finance stakeholders; and (7) variance accounting.
· Telecommuting permitted less than 50% per week within the same geographic location as the assigned GlobalFoundries office location.
Expected Salary Range
Salary range: $92,700 –$ 120,700/year
The exact Salary will be determined based on qualifications, experience and location.
If you need a reasonable accommodation for any part of the employment process, please contact us by email at [email protected] and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.
An offer with GlobalFoundries is conditioned upon the successful completion of pre-employment conditions, as applicable, and subject to applicable laws and regulations.
GlobalFoundries is fully committed to equal opportunity in the workplace and believes that cultural diversity within the company enhances its business potential. GlobalFoundries goal of excellence in business necessitates the attraction and retention of highly qualified people. Artificial barriers and stereotypic biases detract from this objective and may be illegally discriminatory.
All policies and processes which pertain to employees including recruitment, selection, training, utilization, promotion, compensation, benefits, extracurricular programs, and termination are created and implemented without regard to age, ethnicity, ancestry, color, marital status, medical condition, mental or physical disability, national origin, race, religion, political and/or third-party affiliation, sex, sexual orientation, gender identity or expression, veteran status, or any other characteristic or category specified by local, state or federal law
Skills Required
- Master's Degree in Accounting, Finance, or a related field (or foreign equivalent).
- At least 2 years of post-baccalaureate experience in the role offered or related finance roles.
- Experience in manufacturing finance or cost accounting.
- Experience with monthly close process including journal entries and account reconciliations.
- Experience with ERP systems such as Oracle or SAP to create inventory and cost reports.
- Experience performing variance analysis including absorption of fixed cost and impact of volumes.
- Experience creating forecast models and tools for tactical and strategic planning.
- Experience presenting materials to both finance and non-finance stakeholders.
- Experience with variance accounting.
GlobalFoundries Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about GlobalFoundries and has not been reviewed or approved by GlobalFoundries.
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Healthcare Strength — Comprehensive medical, dental, vision, life, disability, and mental health support is presented as a meaningful part of the package. Wellness programs and an Employee Assistance Program add to the sense of broad health coverage.
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Retirement Support — A 401(k) with matching from day one and access to an employee stock purchase program are positioned as notable financial benefits. Retirement provisions are repeatedly framed as a strong counterweight to other compensation concerns.
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Leave & Time Off Breadth — Time-off provisions are described as generous, including high annual vacation accrual, dedicated sick time, and additional personal days. Extended paid parental leave frameworks are also outlined as a substantial leave benefit.
GlobalFoundries Insights
What We Do
GlobalFoundries (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development, and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com. GlobalFoundries is an Equal Employment Opportunity/Affirmative Action (EEO/AA) employer Minorities/Female/Disabled/Veteran (M/F/D/V).#CB
