Finance Manager, OSAT

MACOM


Date: 2 weeks ago
City: Ipoh
Contract type: Contractor
Company Overview:

MACOM designs and manufactures semiconductor products for Data Center, Telecommunication and Industrial and Defense applications. Headquartered in Lowell, Massachusetts, MACOM has design centers and sales offices throughout North America, Europe and Asia. MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard.

MACOM has more than 65 years of application expertise with multiple design centers, Si, GaAs and InP fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, and Asia. Click here to view our facilities. In addition, MACOM offers foundry services that represents a key core competency within our business.

MACOM sells and distributes products globally via a sales channel comprised of a direct field sales force, authorized sales representatives and leading industry distributors. Our sales team is trained across all of our products to give our customers insights into our entire portfolio.

MACOM is an Equal Opportunity Employer.

We consider applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital status or veteran status or any other legally protected status.

Job Purpose:

  • Responsible for management of MACOM worldwide Offshore, Assembly & Test (OSAT) finance activities, located at Malaysia Corporate facility, with responsibility for OSAT sites in Malaysia, Thailand & Vietnam.
  • To strengthen and complement the global finance team.
  • To provide information, analysis and support to the OSAT Leadership, VP Finance, VP Supply Chain & Teams.

Main Duties and Responsibilities:

  • Key business partner for Operations, Supply Chain and Finance teams. Will provide guidance and direction for improving operational and financial performance.
  • Supervision of OSAT accounting function include inventory analysis, product cost reporting, and inventory excess & obsolescence.
  • Responsible for OSAT inventory valuation in a standard cost environment as well as variance analysis utilizing SAP ERP.
  • Monitor inventory existence and accuracy cycle count reporting process and physical inventory procedures.
  • Operational reviews of manufacturing variances and annual standard costing updates presenting findings and recommendation to Business Unit and operational Managers.
  • Manage preparation and evaluation of annual budgets for OSAT operational teams.
  • Assist in annual validation standard rates overhead as well as standard costs for sub-contract assemblies; 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.
  • Provide Financial and management support to Local Management and finance support staff, including relevant Financial Accounting related 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.
  • Ad hoc duties as required

Key Competencies Required:

  • Effective Communicator
  • Planning and organisational skills
  • Good interpersonal skills
  • Confidentiality
  • Team Player and willing work in a flexible environment
  • Working on own initiative required, with ability to prioritise
  • Ability to relate well to Operating, Financial and Management
  • Flexible to Travel across International locations as / when the business requires
  • Ability to identify and implement process improvements

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.
  • Familiarity with Workday/Adaptive Forecasting systems.
  • Semiconductor / Electronics Industry experience preferred, especially Offshore Assembly & Test operations
  • Proficient in Excel, POWER BI & Analytical tools.

Minimum Qualifications:

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

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