Lam Research · 5 days ago
Finance Manager
Fremont, CA
Full-time
Hybrid
Senior Level, Lead/Staff
$114K/yr - $253K/yr
8+ years expLam Research is a high-performing company that focuses on cost accuracy and financial integrity in manufacturing. As a Finance Manager, you will be responsible for driving insights into production performance and cost trends, while collaborating with various teams to enhance operational efficiency and transparency.
CleanTechManufacturingSemiconductor
Responsibilities
Monitor, analyze, and reconcile production orders, including WIP evaluation, settlement, and closure
Perform detailed variance analysis (PPV, usage, routing/BOM variances, scrap, labor efficiencies, and overhead absorption)
Partner with Operations and Production Management to investigate root causes and drive corrective action
Review labor routing standards and support updates based on time studies or efficiency trends
Analyze labor and machine-hour absorption; identify accuracy issues, bottlenecks, or under-absorption trends
Validate overhead allocations and ensure alignment with production volumes and cost-center budgets
Prepare monthly absorption reporting with commentary for leadership and FP&A
Review billed materials (BOMs) for accuracy, completeness, and alignment with engineering standards
Support cost roll processes, including BOM audits, routing verification, and standard cost updates
Analyze material usage trends and scrap levels; collaborate with Engineering and Supply Chain to resolve inconsistencies
Execute monthly cost accounting close, including journal entries, reconciliations, inventory valuation, and variance reporting
Support internal and external audit requests, ensuring full documentation and GAAP compliance
Prepare management reporting on cost performance trends and operational drivers
Partner with Supply Chain, Operations, Manufacturing Engineering, and FP&A on initiatives impacting cost accuracy and efficiency
Improve ERP reporting, cost flows, and accounting processes to enhance transparency and control
Lead or support special projects such as cost modeling, new product introduction costing, or system enhancements
Qualification
Required
Bachelor's degree in Finance, Accounting, or business-related field with 12+ years of experience; or Master's degree or equivalent certification (MBA, CPA, CFA, CA, CMA, or equivalent) with 8+ years' experience; or equivalent experience
Preferred
Bachelor's degree in Accounting, Finance, or related field
12+ years of experience in manufacturing or cost accounting, ideally in a high-volume or complex production environment
Strong knowledge of standard costing, production order accounting, BOM/routing structures, and inventory valuation
Advanced Excel skills; experience with ERP systems such as SAP (CO/PP/MM) strongly preferred
Ability to interpret operational data, communicate insights clearly, and influence decision-making
Strong problem-solving skills with a continuous improvement mindset
Ability to manage multiple priorities in fast-paced environments with accuracy and attention to detail
Benefits
At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.
Company
Lam Research
Lam Research supplies wafer fabrication equipment and services to the worldwide semiconductor industry.
10001+ employees
H1B Sponsorship
Lam Research has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (242)
2024 (239)
2023 (170)
2022 (216)
2021 (242)
2020 (182)
Funding
Current Stage
Public CompanyTotal Funding
unknown1984-05-11IPO
Leadership Team
Tim Archer
President and CEO
Rick Gottscho
Exec VP and CTO
Recent News
Benzinga.com
2026-01-16
2026-01-16
Morningstar.com
2026-01-09
Company data provided by crunchbase