Director, Cost Planning

Micron TechnologySan Jose, CA
8d

About The Position

Our vision is to transform how the world uses information to enrich life for all. Micron Technology is a world leader in innovating memory and storage solutions that accelerate the transformation of information into intelligence, inspiring the world to learn, communicate and advance faster than ever. As the Director of the Cost Planning team at Micron Technology, Inc., you will manage a team handling planning, analysis, and reporting of global consolidated standard cost, manufacturing variance, and other cost of sales (OCOS). This is an outstanding opportunity to lead and innovate in a world-class organization at the forefront of technology and finance! You and your team will work with global finance departments such as Financial Planning & Analysis, Cost & Inventory Accounting, Front End Finance, Assembly and Test Finance, and Business Unit Finance. You will also collaborate with functions such as Global Operations, Supply Chain Planning, Procurement, and Product Engineering. Together, you will prepare forecasts every quarter, month, and week. You will report to Micron’s Vice President and communicate with executive management. Your role includes explaining cost trends and manufacturing variances, and offering insights to optimize cost performance using your knowledge of cost drivers.

Requirements

  • Bachelor and/or Master Degree or equivalent experience in Business Administration, Finance, Accounting or related field
  • Deep and broad product-costing experience and knowledge of related processes and systems (including ERP-systems like SAP)
  • At least 15 years of work experience in Finance, Accounting, Financial Controlling or related fields in the manufacturing industry (electronics manufacturing, semiconductors or other high-tech industries preferred)
  • At least 10 years of leadership experience

Nice To Haves

  • Standard cost setting experience
  • Ambitious and intellectually curious, with a high energy level, growth mindset and passion for identifying and implementing improvement opportunities
  • Strong analytical skills and discernment
  • Proven ability to perform in an environment characterized by volatility, uncertainty, complexity, and ambiguity (VUCA)
  • Strong influencing skills and the ability to build solid interpersonal relationships based on mutual trust
  • Demonstrated capability to build highly effective and engaged teams
  • Excellent written and verbal English-language communication and presentation skills

Responsibilities

  • Forecast and analyze overall Micron COGS plan.
  • Communicate insights effectively to executives and partners.
  • Analyze variance between actual COGS vs forecast
  • Responsible for setting standard costing rules and principles, and adapting to evolving business needs
  • Refresh standard cost based on planning cadence and help partners to understand the changes
  • Plan manufacturing variance along with standard cost refresh for each planning cycle.
  • Analyze and communicate insight to executives and partners
  • Capture and analyze actual manufacturing variance vs plan, partnering with accounting and manufacturing finance team
  • Plan OCOS and analyzing variance between actual and forecast

Benefits

  • Micron benefits are designed to help you stay well, provide peace of mind and help you prepare for the future.
  • We offer a choice of medical, dental and vision plans in all locations enabling team members to select the plans that best meet their family healthcare needs and budget.
  • Micron also provides benefit programs that help protect your income if you are unable to work due to illness or injury, and paid family leave.
  • Additionally, Micron benefits include a robust paid time-off program and paid holidays.
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