Director, Cost Accounting

4 weeks ago


Muntinlupa, Philippines Allegro MicroSystems, LLC Full time

Director, Cost Accounting page is loaded## Director, Cost Accountinglocations: Alabang, Muntinlupa City, Philippinestime type: Full timeposted on: Posted 2 Days Agotime left to apply: End Date: December 31, 2025 (30+ days left to apply)job requisition id: R5836The Allegro team is united by a clear purpose—advancing technologies that make the world safer, more efficient, and more sustainable. With over 30 years of experience in semiconductor innovation, we bring that purpose to life across every part of the business—from breakthrough product development and customer success to how we show up for each other and the communities we serve.**The Opportunity**The Cost Accounting Director is a strategic and operational leader responsible for all aspects of cost accounting across Allegro MicroSystems' global manufacturing operations. This role involves developing, implementing, and maintaining robust cost accounting systems, policies, and procedures to ensure accurate product costing, inventory valuation, and manufacturing variance analysis. The Director will provide critical financial insights to operations, engineering, and product management teams, supporting strategic decision-making, cost reduction initiatives, and profitability improvement**What You Will Do*** Lead the development and execution of strategic cost accounting initiatives, including systems transformation, process automation, and analytics capabilities.* Partner with Finance leadership to align cost accounting with company strategy, profitability goals, and margin optimization.* Oversee policy development for product costing, inventory valuation, standard costs, and overhead absorption methodologies.* Understand and develop process for unique areas that impact cost accounting, e.g., Vendor Managed Inventory.* Provide executive-level insights into cost structures, manufacturing efficiency, and supply chain performance.* Drive change management, including evaluation and adoption of new technologies or ERP systems (Oracle upgrade).* Ensure compliance with U.S. GAAP, internal controls, and SOX requirements.* Align with cost accounting sr. Manager to oversee cost accounting, inventory, fixed assets and related month-end close processes for all entities worldwide.* Oversee cost accounting sr. Manager to ensure accurate roll-up and update of Oracle standard cost and calculation of transfer price.* Reviews and understand Probe/Assembly/Test variance to standards, PPV and trends.* Reviews and understand job lot variance, assembly yield variance, cycle time and trends.* Develops cost projections for COGS and COGS components.* Understand cost analyses and accounting entries of the cost, inventory and fixed asset teams.* Ensures that issues on raw material shortage in shop floor, expiration and usage rate are attended to.* Participates in streamlining and managing an effective cost accounting system, cost and budget analysis and review.* Supports adhoc projects, and other duties as assigned by the immediate head.* Mentor and develop cost accounting leaders and build a strong pipeline of talent.**What You Will Bring*** Bachelor of Science in Accountancy* Certified Public Accountant is an advantage* At least 12 years of relevant work experience in Cost Accounting in a manufacturing set up* At least 5 years managerial experience* Deep knowledge of manufacturing cost accounting, inventory, and variance analysis* Strong track record of driving strategic projects, system implementations, and process improvements* Unquestionable integrity* Strong leadership skills* Excellent verbal and written communication skills* Excellent interpersonal skills and ability to easily relate with people in various levels of the organization.* Strong planning, organizational and analytical skills* Accuracy and attention to details* Takes initiative to make improvements* Cooperates and collaborates with colleagues* Acute sense of professionalism and confidentiality* Formulates strategy and sets clear direction* In-depth knowledge of entire finance and accounting functions including techniques, practices in costing, and inventory management* Keen on details and ability to explain them* Ability to establish and execute financial controls* Thorough knowledge of local finance and accounting practices* Abreast with government and industry practices* A firm grasp of all accounting functions* Ability to comply with all legal and regulatory requirement* Formulates strategy and sets clear direction* Influences, communicates and presents effectively* Develops financial and resource plans* Manages budget and allocates resources effectively* Ability to manage and execute tasks in a high-pressure environment* Assesses team success and addresses problems* Conducts performance reviews* Builds collaboration with other departments* Investigates problems, find solutions and make sound decision**Allegro MicroSystems (NASDAQ: ALGM)** is a global leader in sensing and power semiconductor solutions, committed to driving e-mobility, clean energy, automation, and robotics forward. Through **Real Innovation**, we're developing intelligent technologies that move the world toward a safer, more sustainable, and autonomous future. Our acquisition of Crocus Technology further strengthens our leadership in magnetic sensing, bringing cutting-edge TMR technology to our world-class portfolio.At Allegro, your work creates **Real Impact**. Our advanced magnetic position and current sensors, power management ICs, brushless motor drivers, and LED lighting drivers are at the heart of critical systems worldwide. From extending the range of electric vehicles and enabling smarter factories to powering efficient data centers and enhancing autonomous driving, our solutions touch lives every day. If you're driving a car, using cloud services, or receiving a package, you're interacting with Allegro's technology in action.We believe in **Real Connection**. With a diverse team of over 4,400 employees across 17 countries and headquartered in Manchester, NH (USA), Allegro fosters a truly global and collaborative environment. Our engineering, manufacturing, and support teams worldwide are united by a shared mission, working together with trust, respect, and purpose. We encourage you to think differently, take informed risks, and build what's next. Our dedication to pioneering solutions is reflected in our extensive portfolio of over 1,400 worldwide patents.Allegro is not just building technology; we're building careers where your contributions matter, your growth is valued, and you can make a lasting difference. Our unwavering commitment to excellence is underscored by our IATF16949:2016 and ISO14001:2015 certifications and the quality awards we've received globally.Join us and help shape the future – where your innovation, impact, and connection will drive what's next#J-18808-Ljbffr



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