GlobalFoundries · 6 days ago
Finance Cost and Inventory Director
GlobalFoundries is a leading full-service semiconductor foundry providing design, development, and fabrication services. The Finance Cost and Inventory Director is responsible for leading cost and inventory planning functions, ensuring accurate financial reporting, and driving system transformation initiatives to modernize financial processes.
ElectronicsManufacturingSemiconductor
Responsibilities
Accountable for the development and implementation of robust cost accounting process & tools ensuring accuracy in product costing and margin analysis. Includes flux analysis for products in high volume production
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. Coordinates global optimization including minimizing reserves
Prepare and present financial reports, audits, and maintain compliance with company and regulatory standards
Lead and advocate 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
Perform all activities in a safe and responsible manner and support all Environmental, Health, Safety & Security requirements and programs
Qualification
Required
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
Company
GlobalFoundries
GlobalFoundries is a full-service semiconductor foundry that manufactures integrated circuits in high volume.
H1B Sponsorship
GlobalFoundries 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 (114)
2024 (76)
2023 (66)
2022 (100)
2021 (87)
2020 (187)
Funding
Current Stage
Public CompanyTotal Funding
$4.39BKey Investors
European CommissionU.S. Department of CommerceU.S. Department of Defense
2025-12-11Grant· $579.33M
2024-11-20Grant· $1.5B
2024-05-22Post Ipo Secondary· $750M
Recent News
2026-01-03
vermontbiz.com
2026-01-03
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