FAB Controller

The FAB Controller is responsible for financial control, reporting, forecasting, and cost analysis for semiconductor fabrication operations. This role partners with factory leadership, operations, engineering, supply chain, and finance teams to provide accurate financial reporting, strong cost governance, inventory control, and actionable business insights. The FAB Controller plays a key role in managing manufacturing performance, supporting capital investments, and ensuring compliance with accounting policies and internal controls.

Financial reporting and close

• Lead monthly, quarterly, and annual close activities for FAB operations.
• Prepare and review journal entries, accruals, reconciliations, and financial reporting related to manufacturing operations.
• Ensure timely and accurate reporting of factory financial results, including manufacturing variances and operational spend.
• Support management reviews with clear financial commentary on actuals versus forecast, budget, and prior periods.

Cost accounting and manufacturing variance analysis

• Own and analyze manufacturing cost performance, including labor, overhead, materials, purchase price variance, scrap, yield, and absorption.
• Monitor standard cost versus actual cost and explain key drivers of variances.
• Support standard cost updates and maintain accuracy of cost assumptions for factory-produced materials and finished goods.
• Partner with operations to identify and track cost reduction opportunities and corrective actions.

Inventory control and valuation

• Oversee inventory accounting for raw materials, work-in-process, finished goods, reserves, and excess and obsolete inventory.
• Ensure inventory balances are accurate, properly reconciled, and compliant with accounting requirements.
• Support cycle count, physical inventory, and inventory reserve processes.
• Monitor manufacturing-related balance sheet accounts and drive timely issue resolution.

Forecasting, budgeting, and planning

• Lead FAB budgeting, quarterly forecasting, and long-range planning processes.
• Develop cost forecasts for factory spend, variances, headcount, and capital investments.
• Model financial impact of production volume, utilization, ramp plans, yield changes, and operational scenarios.
• Support business planning for new capacity, technology ramps, and strategic manufacturing initiatives.

Capital expenditure and asset management

• Track manufacturing capex against plan and support capital forecasting and reporting.
• Partner with operations and engineering to evaluate the financial impact of new tools, equipment, and facility investments.
• Monitor depreciation-related impacts and support capitalization decisions in line with policy.
• Provide financial support for major fab expansion or strategic investment programs.

Business partnering with operations

• Act as the key finance partner to FAB leadership, manufacturing, engineering, supply chain, and procurement teams.
• Translate operational issues into financial implications and support data-driven decision-making.
• Challenge assumptions, highlight risks and opportunities, and support accountability for factory financial performance.
• Participate in regular operational and financial review meetings.

Controls, compliance, and audit support

• Maintain a strong internal control environment for manufacturing finance processes.
• Ensure compliance with accounting policies, internal controls, and audit requirements.
• Support internal and external audit requests related to inventory, cost accounting, capex, and manufacturing transactions.
• Help drive remediation and process improvements where control gaps or inefficiencies are identified.

Process improvement and systems support

• Improve reporting, forecasting, and analytics for factory finance.
• Support ERP, costing, and reporting system enhancements affecting manufacturing finance.
• Drive simplification, standardization, and automation of recurring finance processes.
• Strengthen data quality and transparency across manufacturing and finance reporting.

Required

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Significant experience in finance, controlling, or cost accounting within a manufacturing environment.
• Strong understanding of standard costing, inventory accounting, manufacturing variances, and financial planning.
• Experience supporting monthly close, forecasts, budgeting, and management reporting.
• Strong analytical skills with the ability to interpret large data sets and translate them into actionable business insights.
• Ability to work cross-functionally with operations, engineering, supply chain, and senior leadership.
• Strong communication and presentation skills.
• Proficiency in ERP systems and Excel-based financial modeling.

Preferred

• Experience in semiconductor, high-tech, or advanced manufacturing environments.
• Knowledge of FAB-specific metrics such as yield, scrap, cycle time, utilization, and cost absorption.
• Experience with capex-intensive manufacturing operations.
• Familiarity with internal controls, audit support, and compliance processes.
• CPA, CMA, or MBA is a plus.