Plant Controller
$165k - $180kSemtech
Location: Alhambra CA (Onsite) Job Summary: The Plant Controller is an individual contributor embedded within the SPP Business Unit, providing day-to-day financial support to the General Manager and plant operations team. Reporting to the SR Controller SIP, this role is responsible for executing plant-level cost accounting, financial reporting, and operational analysis. Strategic financial decisions and senior stakeholder engagement are led by the SR Controller SIP; the Plant Controller ensures the accuracy, timeliness, and integrity of financial data that informs those decisions and supports the smooth running of the site. Responsibilities: Day-to-Day Operational Finance Support
The intent of this job description is to describe the major duties and responsibilities performed by incumbents of this job. Incumbents may be required to perform job-related tasks other than those specifically included in this description. All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. A reasonable estimate of the pay range for this position is $165,000 - $180,000. There are several factors taken into consideration in determining base salary, including but not limited to: job-related qualifications, skills, education and experience, as well as job location and the value of other elements of an employee's total compensation package. #LI-onsite
- Serve as the day-to-day financial point of contact for the SPP BU General Manager, providing timely operational financial data and analysis
- Support the General Manager with plant-floor cost visibility, including labor, material, overhead, and subcon fee tracking
- Assist in preparing and communicating financial results, variance summaries, and operational KPIs to site leadership on a regular cadence
- Coordinate with the SR Controller SIP to ensure alignment between plant-level financial activity and broader business unit strategy
- Support monthly, quarterly, and ad hoc financial planning activities as directed by the SR Controller SIP
- Execute and maintain the standard costing system, including material, labor, subcon fees, and overhead cost structures
- Prepare journal entries and reconcile inventory to balance sheet and ledger accounts
- Perform analysis of gross margin, cost of sales, inventory trends, turnover ratios, and production yield data
- Ensure compliance with Sarbanes-Oxley (SOX) documentation requirements and support the maintenance of a strong internal control environment
- Support HC and other COGS/Manufacturing Variance P&L Forecast in Adaptive Insights
- Plan and execute physical inventories in coordination with Manufacturing
- Reconcile physical inventories to SAP for all applicable locations
- Review and validate vendor reconciliations performed by the logistics team; follow up on discrepancies as required
- Monitor inventory movements and communicate P&L impact to plant leadership and the SR Controller SIP
- Validate GAAP and non-GAAP P&L results through detailed cost-of-sales analysis
- Perform product and customer margin analysis; review and reconcile SAP transactions driving BU P&L reporting across P&L accounts, profit centers, and company codes
- Analyze variances arising from production and purchasing activities, including production order variances and purchase price variances (PPV)
- Maintain operational reporting and KPI tracking to support plant management decisions
- Ensure timely completion of month-end close processes, including settlement and review of production orders
- Support maintenance of standard cost updates, activity and overhead rate updates, and the annual cost roll
- Apply ERP (SAP) best practices in daily financial operations; identify and flag process improvement opportunities to the SR Controller SIP
- B.S. degree in Accounting, Finance, or related field; CPA or CMA a plus
- 6+ years of progressive finance/accounting experience in a manufacturing environment, with strong cost accounting exposure
- Semiconductor industry or high-mix electronics manufacturing experience strongly preferred
- Strong understanding of standard costing, manufacturing cost structures, and inventory accounting
- Proficiency in large ERP systems; SAP experience required
- Solid knowledge of Sarbanes-Oxley (SOX) compliance and internal controls
- Strong analytical and communication skills; comfortable presenting financial data to operational (non-finance) audiences
- Ability to work independently as an individual contributor in a fast-paced plant environment
- Experience with Adaptive Insights or comparable FP&A/forecasting tools preferred
The intent of this job description is to describe the major duties and responsibilities performed by incumbents of this job. Incumbents may be required to perform job-related tasks other than those specifically included in this description. All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. A reasonable estimate of the pay range for this position is $165,000 - $180,000. There are several factors taken into consideration in determining base salary, including but not limited to: job-related qualifications, skills, education and experience, as well as job location and the value of other elements of an employee's total compensation package. #LI-onsite
Vacancy posted 5 days ago
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