Cost and Inventory Senior Manager
About the Company
Solidigm is a multibillion-dollar global company in the memory industry, headquartered in Rancho Cordova, California, with international presence in Asia, Europe, and the Americas. The company combines the elements of an established technology company with the agility of a start-up, and aims to lead the world in innovating new memory technologies, with aspirations to be the #1 NAND memory company. Solidigm fosters a diverse, equitable, and inclusive culture that embraces individual uniqueness and empowers employees to bring their best selves to deliver excellence.
About the Role
Solidigm is seeking a senior Finance Cost & Inventory Manager to join the Cost of Sales team. This role oversees multiple direct reports and covers cost and inventory forecasting, inventory reserves, and optimizing the company's multi-billion dollar manufacturing spend. The position is a critical finance business partner to senior leaders, requiring disciplined forecasts, accurate Close, high-quality insights, and influencing of investment decisions. Cost and Inventory touches nearly all areas of the company, requiring partnership across organizations, managing multiple stakeholders, and influencing complex decisions. As a young, rapidly growing company, Solidigm offers opportunities to grow with the company, define new business processes, deploy new systems, and determine where and how to apply AI. The ideal candidate is passionate about the industry and the role, confidently leads in the unknown, is an avid problem solver, and invests in employees and the team. The manager is expected to provide clear expectations, grow and develop employees, deliver high-impact results through others, and foster a team culture consistent with Solidigm values. This is a unique opportunity to join a young company and shape the direction, culture, and utility of the Finance organization.
Responsibilities
- Leading the monthly forecasting process for cost and inventory, including unit cost and COGS, gross inventory, inventory reserves, variance analysis, slide preparation, and presenting to leadership, including the CFO. Reporting is done in GAAP, Non-GAAP, and IFRS.
- Scenario planning and WIF (What-If) analysis for short- and long-range forecasting.
- Calculating Inventory Reserves for both forecast and actuals.
- Owning multiple SOX controls and working with internal and external auditors to ensure proper controls and compliance.
- Driving continuous improvement in capabilities and processes for forecasting and reporting.
- Decision analytics in support of the Global Operations team, including NPVs/ROIs, make vs. buy, vendor selection support, and supply chain optimization.
- Margin analysis and partnership with Sales Ops on pricing strategy.
Decision Impact
Direct influence on financial reporting, financial forecasts, cost structure, margins, and investment priorities.
Requirements
- Bachelor's degree in Finance, Accounting, Economics, or Business with 7+ years of applicable experience, or a Master's, MBA, or CPA with 5+ years of applicable experience.
- Strong knowledge of cost management, accounting principles, financial reporting, and inventory valuation methods.
- Thorough understanding of SOX controls, compliance requirements, and accounting standards (GAAP, Non-GAAP, and IFRS).
- Process management expertise and proven track record of driving process efficiencies.
- Experience building and managing complex models in Excel, comfortable using complex formulas and lookups, and ability to organize and analyze data for insights.
- Strong leadership or management experience with ability to guide and energize teams.
- Pursues work with enthusiasm, drive, and a possibility mindset; says "yes" to a challenge without necessarily knowing how to solve it.
- Ability to work autonomously in a fast-paced, dynamic environment; manages multiple priorities effectively.
- Ability to collaborate across functions, quickly builds rapport and trust with business partners, and works effectively across geographically and culturally diverse teams.
- Natural curiosity and desire to learn the NAND business.
- Must be legally authorized to work in the United States on a permanent basis.
Compensation
The compensation range for this role is $116,240 – $186,000. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location. This position is also eligible to participate in Solidigm's restricted stock unit (RSU), restricted cash unit (RCU), and cash bonus programs.
Benefits
- Medical, dental, and vision insurance
- Supplemental life and AD&D insurance
- Short- and long-term disability
- Healthcare and dependent care flexible spending accounts
- Company match on eligible 401(k) plan contributions
Schedule
This is a hybrid role reporting out of Rancho Cordova, CA at least 3 days per week. As an alternative, this role could also be based out of San Jose, CA 3 days per week.