Department Manager, Shared Services, Cost, Inventory, and Fixed Assets Accounting
Allegro MicroSystems
APAC/Oceania, Philippines, Muntinlupa
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Salary
$104,000 - $178,000 Per Year
Rank
Senior Manager
Responsibility
Functional Tower Lead
Scope
Regional
Workplace
Hybrid
Functions
Finance
IT
Legal
Reports to
Level
-2
Travel Max:
0%
Posting Date
09-18-2024
Description
The Allegro team is passionate about providing intelligent solutions that move the world toward a safer and more sustainable future. With more than 30 years of experience developing advanced semiconductor technology, innovation with purpose touches every aspect of our business. From customer engagement and employee recognition to technology advancement and serving the local communities in which we maintain offices, innovation consistently drives our mission and definition of success.
Key Responsibilities
- Manages cost, inventory, fixed asset and related month-end close processes for both AML and AMPI set of books
- Manages accurate roll-up and update of Oracle standard cost and calculation of transfer price.
- Reviews Probe/Assembly/Test/Grind/RM Freight variance to standards, PPV and trends
- Reviews job lot variance, assembly yield variance, cycle time and trends
- Manages fixed asset and reviews related reports on CIP, depreciation and others
- Develops cost projections for COGS and COGS components
- Manages and controls inventory valuations, reserve calculations, cycle count, raw material shortage and expiration alerts, physical inventory, and reconciliations
- Reviews cost analyses and accounting entries 9. Ensures that issues on raw material shortage in shop floor, expiration and usage rate are attended to
- Recommends and develops accounting procedures and system enhancement
- Promotes a discipline of continuous process improvement to seek opportunities for increased effectiveness and efficiency
- Ensures statutory and SOX compliance and provides support to internal and external audits
- Participates in streamlining and managing an effective cost accounting system, cost and budget analysis and review
- Coordinates and responds to queries and concerns of operations, support departments, finance other groups in US.
- Manages capex system and monitors capital spending against plan
- Supports, develops and elicits skills and capabilities of the team members for personal and company’s growth
Qualification & Requirements
- Bachelor of Science in Accountancy
- Certified Public Accountant is an advantage
- At least 10 years of relevant work experience in Finance or Cost Accounting
- At least 3 years managerial experience
- In-depth knowledge of entire finance and accounting function including techniques, practices in costing, inventory and fixed asset management
- Keen on details and ability to explain them
- Ability to establish and execute financial controls
- Thorough knowledge of local finance and accounting practices
- Abreast with government and industry practices
- A firm grasp of all accounting functions
- Thorough knowledge of Philippine tax laws and other government regulations
- Ability to comply with all legal and regulatory requirement
- Formulates strategy and sets clear direction
- Influences, communicates and presents effectively
- Develops financial and resource plans
- Manages budget and allocates resources effectively
- Ability to manage and execute tasks in a high-pressure environment
- Assesses team success and addresses problems
- Conducts performance reviews
- Builds collaboration with other departments
- Investigates problems, find solutions and make sound decisions
Benefits
- Insurance, Health & Wellness
- Financial & Retirement
- Family & Parenting
- Vacation & Time Off
- Other Perks & Benefits…
Company Profile
Allegro MicroSystems
Industry
Semiconductors
Revenue
$1.07B
Employees
4,687
Fortune 500 Rank
NA
Global 500 Rank
NA
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