Sr. Product Costing Analyst at Form Factor in Farmers Branch, TX

Job description

• Do you enjoy working at the intersection of operations, engineering, and finance? Are you passionate about understanding how products are built, how manufacturing processes perform, and how operational decisions drive profitability?
• We are seeking a Sr. Product Costing Analyst to partner with Engineering, Operations, Product Management, Supply Chain, and Finance to support new product introductions, product costing, manufacturing performance, and profitability improvement initiatives.
• This role extends beyond traditional finance responsibilities. The ideal candidate will combine strong financial and analytical acumen with a deep understanding of manufacturing operations to evaluate product economics, identify cost improvement opportunities, challenge assumptions, and influence strategic decision-making across the organization.
• Candidates with semiconductor manufacturing experience are strongly preferred, especially those who have partnered closely with engineering and operations teams to improve yields, productivity, product costs, and overall business performance.

Responsibilities

• Product Costing & Financial Analysis
• Develop, maintain, and continuously improve product cost models and standard costing methodologies.
• Lead standard cost development, updates, reviews, and variance analysis activities.
• Analyze material, labor, overhead, and manufacturing process costs to identify opportunities for improved cost accuracy and profitability.
• Evaluate product-level profitability and provide insights on margin performance, cost drivers, and business risks.
• Support pricing, product portfolio, and profitability decisions through comprehensive financial analysis.
• New Product Introduction (NPI) Support
• Partner with Product Management, Engineering, and Operations to evaluate new product opportunities.
• Develop business cases, cost estimates, ROI analyses, and investment justifications for new products and manufacturing initiatives.
• Support stage-gate and phase-gate reviews throughout the product development lifecycle.
• Assess cost, capacity, yield, and operational impacts associated with new product introductions.
• Manufacturing Operations Partnership
• Collaborate with Engineering and Manufacturing teams to understand production processes, routings, yields, cycle times, labor requirements, and capacity constraints.
• Analyze manufacturing performance metrics including utilization, throughput, labor efficiency, cycle time, scrap, and yield performance.
• Support routing reviews, router maintenance, process changes, and cost-impact assessments.
• Translate operational performance into financial impacts and actionable recommendations.
• Cost Improvement & Strategic Initiatives
• Drive cross-functional cost reduction and profitability improvement initiatives across manufacturing operations.
• Identify, quantify, prioritize, and track operational cost-saving opportunities.
• Evaluate capital investments, automation projects, process improvements, and manufacturing optimization initiatives.
• Provide financial leadership and analytical support for strategic business decisions and operational improvement programs.
• Business Partnership & Leadership
• Present financial and operational insights to management and executive stakeholders.
• Influence decision-making by leveraging data-driven analysis and business acumen.
• Act as a trusted advisor to engineering, operations, supply chain, and finance leaders.
• Lead complex analyses and projects with significant visibility and impact across the organization.
• Promote financial discipline, operational accountability, and continuous improvement throughout the business.

Requirements

• Business Cases, Communication, Cross-Functional Collaboration, Data-Driven Decision Making, Financial Modeling, Manufacturing Finance, Manufacturing Processes, Marketing ROI Analysis, New Product Introduction (NPI), Product Costing, Supply Chain
• Minimum of 12 years of related experience with a Bachelor’s degree; or 8 years and a Master’s degree; or a PhD with 5 years experience; or equivalent experience | Required
• Product costing experience in the semiconductor industry strongly preferred.
• Semiconductor test, probe card manufacturing, wafer fabrication, advanced packaging, MEMS, or related semiconductor manufacturing experience highly desirable.
• Experience with stage-gate product development processes.
• Experience supporting manufacturing routing development and maintenance.
• ERP, business intelligence, Power BI, SQL, Oracle, or related analytics experience.
• Project management experience.
• Candidates from Manufacturing Engineering, Industrial Engineering, Operations, Supply Chain, or other technical disciplines with demonstrated financial analysis experience are encouraged to apply.

Skills

Required

• Financial Modeling
• Manufacturing Finance
• Product Costing
• Data-Driven Decision Making
• Cross-Functional Collaboration
• Communication
• Business Cases
• Manufacturing Processes
• Marketing ROI Analysis
• New Product Introduction (NPI)
• Supply Chain

Preferred

• ERP
• Business Intelligence
• Power BI
• SQL
• Oracle
• Project Management