Job Details
Job Description:
Altera Semiconductor is seeking a highly motivated
FP&A Financial Controller to lead financial planning, cost control, and inventory management for our Penang operations. This role will oversee the local finance team and partner closely with operations, supply chain, and regional/global finance stakeholders to ensure strong financial governance, accurate reporting, and effective decision support.
The ideal candidate brings a strong blend of FP&A and controllership experience, with deep expertise in
manufacturing cost structures, inventory controls, and variance analysis in a semiconductor or high-tech manufacturing environment.
Key Responsibilities
Financial Planning & Analysis (FP&A)
- Drive annual operating plan (AOP), rolling forecasts, and long-range financial planning with Penang finance team.
- Provide timely and insightful financial analysis, including cost trends, margin analysis, and operational KPIs.
- Partner with operations and supply chain to support business decisions with fact-based financial insights.
- Prepare and present financial results, forecasts, and variance explanations to senior management.
Cost Management
- Drive strong cost discipline across manufacturing, including standard cost setting, cost roll-ups, and cost variance analysis.
- Analyze manufacturing variances (PPV, usage, yield, labor, overhead absorption) and work with stakeholders to identify root causes and corrective actions.
- Support productivity initiatives, cost reduction programs, and continuous improvement efforts.
Inventory & Working Capital Management
- Monitor inventory levels, turns, excess and obsolete (E&O) reserves, and slow-moving inventory.
- Partner with supply chain and operations to improve inventory accuracy, planning, and working capital efficiency.
Financial Controllership & Compliance
- Ensure accurate and timely month-end close, financial reporting, and account reconciliations.
- Maintain strong internal controls and compliance with corporate policies and applicable accounting standards.
- Support internal and external audits and address audit findings promptly.
People & Stakeholder Management
- Lead, coach, and develop the local FP&A and finance team in Penang.
- Foster a strong culture of accountability, collaboration, and continuous improvement.
- Act as a key finance business partner to site leadership and regional/global finance teams.
Qualifications
Qualifications & Experience
- Bachelor's degree in Finance, Accounting, or related field; CPA, ACCA, CIMA, or equivalent preferred.
- 812 years of progressive finance experience, including FP&A and controllership roles in manufacturing; semiconductor or high-tech industry experience strongly preferred.
- Proven expertise in cost accounting, inventory management, and manufacturing finance.
- Strong analytical, problem-solving, and communication skills.
- Experience leading and developing teams.
- Proficiency in ERP systems (e.g., Oracle) and advanced Excel; experience with financial planning tools is a plus.
Key Competencies
- Strong business partnering mindset
- Deep understanding of manufacturing cost drivers
- Hands-on, detail-oriented with strategic perspective
- Ability to influence cross-functional stakeholders
- High integrity and commitment to financial excellence
Job Type
Regular
Shift
Shift 1 (Malaysia)
Primary Location:
Penang 14, Penang, Malaysia
Additional Locations:
Posting Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.
