Hybrid Finance Director – Cost and Inventory

Posted last week

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About the role

  • Finance Cost and Inventory Director at GlobalFoundries directing cost and inventory planning across multiple global fabs. Leading financial processes and fostering cross-functional alignment among various departments.

Responsibilities

  • Accountable for the development and implementation of robust cost accounting process & tools ensuring accuracy in product costing and margin analysis
  • Provides company-wide tools and processes that ensure transparency and accountability in the definition of next generation product designs and manufacturing flows
  • Manages inventory balances, valuation and reconciliation; Leads implementation of best practices to minimize discrepancies and financial risks to the company
  • Prepares and presents financial reports, audits, and maintains compliance with company and regulatory standards
  • Advocates projects focused on process efficiencies, system upgrades, and digital initiatives, driving business transformation and modernizing financial operations
  • Manages and develops direct line and matrix reports globally across finance and accounting professionals; Role model for innovation and operational excellence
  • Leads cost accounting and inventory activities during the integration of newly acquired entities, ensuring alignment of policies, systems, and controls

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field (Master’s or CPA/CMA preferred)
  • 10+ years in cost accounting for complex manufacturing (semiconductor) with global multi‑site experience and direct leadership of senior managers/staff
  • Deep expertise in product costing standards, variance analysis (PPV, utilization, labor/overhead), and inventory valuation across MES and ERP systems
  • Proven success designing audit ready controls and leading SOX/external walkthroughs; authoring technical memos and control narratives
  • Demonstrated leadership in ERP transformation (Oracle EBS, SAP S/4HANA, Ariba) and resolving cross-system reporting/interface issues
  • Excellent executive communication and stakeholder management across Manufacturing, Finance, Engineering, Procurement, Supply Chain and Product Business Lines

Benefits

  • Health insurance
  • Retirement plans
  • Paid time off
  • Flexible work arrangements
  • Professional development
  • Equipment allowances

Job title

Finance Director – Cost and Inventory

Job type

Experience level

Lead

Salary

$146,000 - $267,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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