Cost Accountant

Job Title

Strategic Inventory Management Role

Job Description

What you will gain from this role:

Strategic partnerships across TMG sites in the regions as well as US inventory team. Engagement with sites leadership while maintaining billion-dollar inventory valuations and leading transformational process improvements that directly support TI's must dos

Functional understanding of cost accounting and related systems and processes

Cross-functional teaming for inventory-related process improvements

In depth understanding of TI manufacturing processes

Responsibilities Include:

Monthly and quarterly close, inventory valuation, audits, intercompany pricing, and full compliance with Internal Control Checklist (ICC), TI Policies & Procedures, and GAAP

Participating in process standardization efforts to harmonize costing procedures across A/T factories

Executing cycle count planning, coordination, and follow-up across factory

Supporting Cycle Count Consolidation initiativestreamline procedures, improve accuracy, reduce manual effort

Monitoring inventory aging and compliance

Coordinating with site procurement and operations teams on inventory compliance requirements

Collaborating with finance and management teams on periodic reviews and ad hoc analysis

Continuously seeking process improvements, including but not limited to automation, efficiency, accuracy, and increased robustness

Driving strategic vision for how accounting processes and control requirements can support future factory expansion and increasing production volumes

Leading and participating on a variety of priorities teams and initiatives with close partnership with IT, including a worldwide project to evaluate and redesign TI's approach to inventory ownership and costing

Training individuals within the team or other functions on the inventory accounting or compliance to ensure understanding and alignment on each function's objectives and requirements.

This role is open to employees in Org193 in U.S., China, Taiwan, Mexico, Philippines and Malaysia

Qualifications

Minimum requirements:

Bachelor's degree in Finance, Operations, Accounting, Business, Engineering or related field

2+ years of relevant Experience (TI systems and processes, operational experience, etc..)

Preferred Qualifications:

Proficiency in SAP, Excel, BPC, Spotfire, and Business Objects

Fundamental understanding of semiconductor manufacturing processes

General knowledge of accounting principles and internal controls, including GAAP and inventory accounting

Strong organizational, strategic, and critical thinking skills

Advanced time management and prioritization abilities

Strong understanding of internal control principles and accounting policies and procedures

Ability to influence and collaborate across broad levels of management and functions

Strong verbal and written communication skills

Strong presentation skills

Demonstrated strong analytical and problem-solving skills

Ability to work in teams and collaborate effectively with people in different functions

Ability to take initiative and drive results

Effective communication and teamwork skills

Ability to work effectively in a fast-paced and rapidly changing environment

Demonstrated ability to build strong, influential relationships

About Us

Why TI?

Engineer your future. We empower our employees to truly own their career and development. Come collaborate with some of the smartest people in the world to shape the future of electronics.

We're different by design. Diverse backgrounds and perspectives are what push innovation forward and what make TI stronger. We value each and every voice, and look forward to hearing yours. Meet the people of TI

Benefits that benefit you. We offer competitive pay and benefits designed to help you and your family live your best life. Your well-being is important to us. Please find our country-specific benefits here

About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, data center, personal electronics and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com. Texas Instruments is an equal opportunity employer and supports a diverse, inclusive work environment.