Cost Management Lead

Foxconn-PCE Technology•El Paso, TX

About The Position

The Cost Management Lead oversees financial planning, budgeting, forecasting, cost management, and financial reporting to support accurate tracking of financial performance and compliance with headquarters procedures. The role leads the PBU Cost Management team, manages inventory and fixed-asset controls, drives cost optimization and process improvements, and ensures timely month-end closing and progress toward financial targets. It works with senior management and cross-functional teams to provide financial insights, support strategic decisions, and improve business performance and cost efficiency.

Requirements

  • Bachelor's degree in finance, accounting, or a related field.
  • At least 10 years of experience in financial planning and analysis, budgeting, and forecasting.
  • Strong knowledge of accounting principles, financial regulations, and industry best practices.
  • Experience with ERP systems and proficiency in financial data extraction, analysis, and reporting.

Nice To Haves

  • Master's degree or professional certification, such as CPA.
  • Experience with SAP.
  • Prior experience with a Big Four accounting firm.

Responsibilities

  • Refine AP, inventory, cost, AR, and overseas-expense transactions, ensuring local processes comply with headquarters procedures.
  • Manage inventory and fixed assets, conduct physical counts, and maintain accurate book records.
  • Oversee month-end closing and deliver accurate, timely financial reports, including variance analysis, financial statements, and management reports.
  • Lead financial planning and analysis, including budgeting, forecasting, financial modeling, and reporting.
  • Lead the PBU Cost Management team by defining its organization and providing guidance, coaching, training, and performance feedback.
  • Monitor key financial performance indicators, identify trends, and communicate insights and recommendations to senior management.
  • Collaborate with senior management on financial strategies and targets, strategic initiatives, investment evaluations, pricing decisions, and cost optimization.
  • Build and maintain relationships with stakeholders across departments to foster effective communication and collaboration.
  • Improve financial planning and analysis processes through technology and automation.
  • Define and implement business and functional financial indicators, drive the organization toward its targets, and support ad hoc assignments.
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