Jobs · Accounting · California

Director, Cost Accounting

Semtech · Alhambra, CA · 2 wk ago
On-siteAccounting$195k–$235k/yrFull-time

Job Summary

Responsible for leading and directing the global corporate cost accounting function in an SAP environment. The Director will set strategic direction for cost accounting operations, drive process improvements, and ensure the integrity of financial data across all manufacturing and business units.

Responsibilities

  • Establish, govern, and continuously improve standard material, labor, and overhead costing methodologies across the enterprise
  • Direct the preparation of complex journal entries and oversee reconciliation of inventories to the balance sheet
  • Provide strategic oversight of inventory reserve policies and ensure adjustments align with accounting standards and business conditions
  • Lead the analysis and executive-level presentation of gross margin, cost of sales, inventory trends, turnover ratios, and production yield data
  • Deliver actionable gross margin and inventory insights to senior and executive leadership to support strategic business decisions
  • Deliver GAAP and non-GAAP P&L results through detailed executive-level analysis of cost of sales and operating expense functional areas
  • Lead the analysis of variances arising from production and purchasing activities and drive root-cause resolution in partnership with Operations and Procurement
  • Champion SAP Product Costing and COPA system integrity; partner with IT and system owners on enhancements, upgrades, and process automation initiatives

Qualifications

  • B.S. degree in Accounting, Finance, Information Systems, or related field required; CPA, CMA, or MBA strongly preferred
  • 12+ years of progressive cost accounting experience, including 4+ years in a people leadership role managing managers and professional staff
  • Demonstrated experience driving cost accounting strategy in a complex, multi-site manufacturing environment (semiconductor industry or similar electronics manufacturing environment preferred)
  • 7+ years of hands-on SAP experience, with deep expertise in Product Costing and COPA modules
  • Proven ability to communicate complex financial information clearly to executive and non-finance audiences
  • Strong track record of process improvement, system optimization, and internal control design
  • Experience working in a public company environment with SOX compliance requirements

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