Director, Corporate Manufacturing Finance
FormFactor, Inc.
Livermore, CA
In a world driven by the increased demand of technology, semiconductor manufacturers require a trusted partner to pioneer the frontiers of advanced integrated circuits (ICs). FormFactor, Inc (FFI) is the world's leading supplier of semiconductor test and measurement products that power electronic systems used in computing, consumer-technology, automotive, Artificial Intelligence (AI) and other applications. Our cutting-edge solutions are the driving force behind the testing of ICs that power electronic systems across computing, consumer technology, automotive, Artificial Intelligence (AI), and myriad other applications.
As a leading player in the semiconductor industry, FormFactor actively seeks out individuals who are not just employees, but passionate contributors eager to thrive in an ever-evolving landscape. At FormFactor, we are not just shaping the future of semiconductors; we are rewriting the narrative of innovation itself.
Our commitment extends beyond the technical realm to the very fabric of our culture. Rooted in our core values-Focus on the Customer, Ownership & Accountability, Respectfully & Effectively Communicate, and Motivate & Develop People-we foster an environment where diverse perspectives are not only welcomed but celebrated. Join us in experiencing the exhilaration of collaborating with a dynamic team, pushing the boundaries of what's possible, and contributing to a workplace where your voice is not just heard but valued and empowered. Become an integral part of our journey as we collaboratively Form Our Future Together, setting the stage for a new era in semiconductor excellence.
Position Summary:
The Director of Corporate Manufacturing Finance will lead the financial strategy, business partnering activities, forecasting and manufacturing finance operations and cost accounting activities for the global manufacturing operations. This role will serve as a key member of the worldwide finance and accounting team and as a strategic partner to SVP of Global Operations. This position is key in providing financial leadership, business analytics, and performance management to ensure operational excellence and growth in addition to reporting and analysis of the results of financial operations. The ideal candidate will have a strong background in manufacturing finance and business partnering activities, including cost accounting concepts, deep industry knowledge, and experience working within a global, multi-site organization, preferably in the semiconductor or related industries.
Key Responsibilities:
- Financial Strategy & Leadership:
- Develop and execute the financial strategy for global manufacturing operations to support business growth and profitability.
- Partner with the manufacturing leadership team to drive cost efficiency, productivity, and performance improvements. Provide financial guidance on initiatives such as pricing, inventory management, and product development strategies.
- Lead budgeting, forecasting, and long-range planning for manufacturing operations, ensuring alignment with corporate financial goals.
- Implement cost control strategies, including margin improvement and waste reduction initiatives across multiple manufacturing sites.
- Oversee and optimize manufacturing-related capital expenditures and resource allocation to ensure effective use of assets.
- Analyze key financial metrics related to production, such as direct and indirect costs, to enhance decision-making. Support executive decision-making through robust financial analysis and reporting of operational KPIs.
- Manage monthly, quarterly, and annual transactional processes and reporting for manufacturing, providing clear and actionable insights to leadership.
- Lead the preparation of variance analyses, identifying trends and recommending corrective actions.
- Drive continuous improvement in financial processes, systems, and reporting tools to streamline data flow and increase accuracy.
- Serve as the key liaison between finance, operations, supply chain, and other functional teams to ensure financial alignment across the business.
- Lead and mentor a team of finance professionals, fostering a culture of accountability, collaboration, and continuous learning.
- Support talent development and succession planning within the finance organization.
Experience, Education and Skills Required:
- Bachelor's degree in Finance, Accounting, or a related field. MBA, CMA or CPA preferred.
- 10+ years of progressive finance experience in a complex manufacturing environment, with at least 5 years in a leadership role and demonstrated excellence in serving as a key business partner for the manufacturing function.
- Experience within the semiconductor or electronics industry strongly preferred.
- Experience leading, and success growing and retaining a diverse team.
- Proven success as a transformative leader with key roles in global initiatives.
- Strong knowledge of cost accounting, financial modeling, and operational KPIs.
- Proven experience managing financial operations for global, multi-site manufacturing facilities.
- Expertise in ERP systems and financial reporting tools; Oracle experience preferred.
- Exceptional analytical, problem-solving, and decision-making skills.
- Strong interpersonal and communication skills, with the ability to influence stakeholders at all levels.
- Ability to work in a fast-paced, dynamic environment and manage multiple priorities.
Competencies:
- Strategic thinking with the ability to balance short-term goals with long-term objectives.
- Ability to drive cross-functional collaboration and lead through influence.
- Demonstrated experience in leading high-performing teams and managing change.
The pay range for this role in Livermore, CA is between $183,400 and $240,765. The pay range may differ in other locations. FormFactor maintains broad salary ranges for its roles in order to account for variations in education, training, skills, relevant work experience, business needs and market demands. Candidates are typically placed into the range based on the preceding factors as well as internal peer equity. Benefits offered for this role include medical, dental, vision, EAP, short-term and long-term disability, life insurance, flexible spending and savings accounts, 401(k), ESPP and paid time off.
FormFactor is committed to providing a work environment where everyone is treated with dignity and respect. We are an Equal Employment Opportunity (EEO) employer and are committed to compliance with all Federal, State, and local laws that prohibit employment discrimination on the basis of age, race, color, sex (including breastfeeding and related conditions), gender (including gender identity and gender expression), national origin, ancestry, sexual orientation, religion, physical or mental disability, marital status, registered domestic partner status, medical condition, military or veteran status, genetic characteristics or information, or any other legally protected characteristic. These protections extend to all employment and management decisions including, but not limited to, recruiting, hiring, training, promotions, pay practices, benefits, disciplinary actions and terminations, and all other terms and conditions of employment.
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FormFactor, Inc.
life insurance, paid time off, 401(k)
Jan 15, 2025