Altera · 4 days ago
Cost Management Product Owner
San Jose, CA
Full-time
Onsite
Senior Level, Lead/Staff
$179K/yr - $259K/yr
10+ years expAltera is seeking an experienced Product Owner to lead and manage the support and enhancement for Oracle ERP Cloud Fusion Cost Management. The role involves driving efficiency and value across finance and supply chain operations while partnering closely with various teams to model cost structures and support decision-making throughout the product lifecycle.
Enterprise SoftwareManufacturingSemiconductorSoftware
Responsibilities
Design and configure Oracle Fusion Cost Management for semiconductor flows from wafter to finished goods distribution for FPGA products
Set up and maintain standard costing for wafers, dies, assemblies and finished FPGA parts, including cost elements related to foundry, OSAT, test, royalties, and licenses
Build and maintain cost profiles and valuation structures that reflect multi‑stage semiconductor manufacturing
Integrate Cost Management with Inventory, Procurement, Manufacturing, Order Management, and General Ledger to capture material, conversion, and overhead costs
Support NPI and engineering by setting up prototype/engineering items and lots
Analyze cost variances related to wafers, yields, scrap, rework, and test failures, and provide root‑cause insights and recommendations to operations, planning, and finance
Develop and maintain cost reports and dashboards and partner with business teams to simulate cost impacts
Own period close activities for Cost Management and support cost accounting and reconcile inventory by location and stage and align COGS and inventory with General Ledger
Qualification
Required
Bachelor's or Master's Degree in Information Technology, Computer Science, Business Administration, or equivalent
10+ years' experience in hands‑on experience with Oracle Fusion Cost Management, Inventory, and Procurement in discrete manufacturing, ideally in semiconductor, FPGA or related high‑tech hardware
Solid understanding of semiconductor cost structures
Background in cost accounting and experience configuring and troubleshooting subledger accounting for manufacturing and inventory transactions, and reconciling cost distributions to General Ledger
Excellent communication skills to work effectively with engineering, operations, supply chain, finance, and external manufacturing partners such as foundries, OSATs and 3PLs
Experience with fabless semiconductor business models and exposure to NPI/engineering build processes
Preferred
Experience in working with teams for large-scale global systems implementations across multiple countries
Knowledge of Agile Project Management methodologies
Strong analytical and problem-solving skills
Ability to work in a fast-paced, dynamic environment and manage multiple priorities
Company
Altera
Altera provides programmable logic devices and design software for various applications. It is a sub-organization of Intel.
1001-5000 employees
H1B Sponsorship
Altera 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 (67)
Funding
Current Stage
Public CompanyTotal Funding
unknown2025-04-14Acquired
1988-03-31IPO
Leadership Team
Raghib Hussain
Chief Executive Officer
Recent News
Business Wire
2025-11-25
2025-11-19
Company data provided by crunchbase