Manager, Cost Accounting

3 weeks ago


Ipoh, Malaysia SiTime Corporation Full time

Location : Ipoh, Taipei, Ukraine

**About SiTime**

SiTime Corporation, a MEMS analog semiconductor company and a wholly owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875), offers MEMS-based silicon timing solutions that replace legacy quartz products. SiTime’s configurable solutions enable customers to differentiate their products with higher performance, reduced size and better reliability. The rich feature set and flexibility of SiTime’s solutions allow customers to consolidate their supply-chain, reducing cost of ownership and time to market. By using standard semiconductor processes and high volume packaging, SiTime offers the best availability and shortest lead times in the industry. With 90% market share and over 350 million devices shipped, SiTime is driving the electronics industry to use 100% silicon-based timing.

**Job Summary**

The **Cost Accounting Manager** will be a key member of the Accounting team that will provide the support for the monthly accounting close process mainly Inventory related and own some of daily functionality.

**Responsibilities**:

- Own the inventory balance and reconciliation by working closely with Operations and Accounting team
- Oversee inventory at all locations including Malaysia, Taiwan, Thailand, and US.
- Help in forecasting inventory balances and helping to forecast of gross margins
- Work closely with Operations on inventory movements, purchases, and new product introductions
- Perform other month-end close activities including Purchase price variance, Yield Variances, Material Transfer
- Prepare journal entries and monthly balance sheets account reconciliations
- Maintain quarterly standard cost updates and provide variance analysis to management
- Assist with E&O Reserve
- Conducts physical inventory count globally including contract manufacturers in Taiwan, Thailand, US.
- Identify operational opportunities and implement best processes and practices.
- Assist with external and internal audits
- Participate in ad-hoc projects as required including system implementation
- Drive continuous improvement of business processes and system

**Qualifications & Requirements**:

- Bachelor’s degree in Accounting or Finance
- 7+ years of cost accounting in manufacturing industry experience is required
- Semiconductor industry experience is plus
- Experience working with manufacturing personnel on the development and analysis of cost standards
- Experience working with global accounting or operations teams preferred
- Oracle Cloud experience is a plus
- Excellent oral and written communication skills
- Strong, advanced-level Excel skills; MS Word skills
- Team player and have the ability to work independently


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