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Senior Product Costing Analyst
Formfactor. Develop, maintain, and continuously improve product cost models and standard costing methodologies .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in product costing, financial analysis, and operational performance within the semiconductor industry, with a strong focus on cost modeling, profitability improvement, and cross-functional collaboration.
Highest-signal resume keywords
Product Costing ExperienceFinancial AnalysisERP ExperienceProject ManagementStage-Gate Product Development
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Cost ModelingVariance AnalysisFinancial ModelingManufacturing ProcessesData-Driven Decision MakingROI AnalysisCost-Impact AssessmentOperational Performance AnalysisManufacturing FinanceNew Product Introduction
Soft Skills
Cross-Functional CollaborationCommunicationFinancial DisciplineOperational AccountabilityContinuous Improvement
Tools & Technologies
Power BISQLOracleBusiness IntelligenceERP Systems
Industry Keywords
Semiconductor IndustryWafer FabricationProbe Card ManufacturingAdvanced PackagingMEMS
Tech Stack
Tools & technologiesERPOracleSQL
About the role
Key responsibilities & impact- Develop, maintain, and continuously improve product cost models and standard costing methodologies
- Lead standard cost development, updates, reviews, and variance analysis
- Analyze material, labor, overhead, and manufacturing process costs to improve cost accuracy and profitability
- Evaluate product-level profitability, margin performance, cost drivers, and business risks
- Support pricing, product portfolio, and profitability decisions through financial analysis
- Partner with Product Management, Engineering, and Operations on new product opportunities
- Develop business cases, cost estimates, ROI analyses, and investment justifications
- Support stage-gate and phase-gate reviews throughout product development
- Assess cost, capacity, yield, and operational impacts of new product introductions
- Collaborate with Engineering and Manufacturing teams to understand production processes, routings, yields, cycle times, labor requirements, and capacity constraints
- Analyze 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
- Drive cross-functional cost reduction and profitability improvement initiatives
- 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 decisions and operational improvement programs
- Present financial and operational insights to management and executive stakeholders
- Act as a trusted advisor to engineering, operations, supply chain, and finance leaders
- Lead complex analyses and high-visibility projects
- Promote financial discipline, operational accountability, and continuous improvement
Requirements
What you’ll need- 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
- 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
- Financial analysis experience for candidates from Manufacturing Engineering, Industrial Engineering, Operations, Supply Chain, or other technical disciplines
- Skills in 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, and supply chain
Benefits
Comp & perks- Medical insurance
- Dental insurance
- Vision insurance
- Employee Assistance Program (EAP)
- Short-term disability
- Long-term disability
- Life insurance
- Flexible spending and savings accounts
- 401(k)
- Employee Stock Purchase Plan (ESPP)
- Paid time off