Director, Corporate Manufacturing Finance

$183,400 - $240,765/Yr

Formfactor - Livermore, CA

Full-time - Senior

Livermore, CA

Wholesale Trade Agents and Brokers

About the position

The Director of Corporate Manufacturing Finance at FormFactor, Inc. will lead the financial strategy and operations for global manufacturing, focusing on cost accounting, forecasting, and business analytics. This role is pivotal in providing financial leadership and performance management to ensure operational excellence and growth, while partnering with the SVP of Global Operations. The ideal candidate will possess extensive experience in manufacturing finance, particularly within the semiconductor industry, and will be responsible for driving cost efficiency and productivity improvements across multiple manufacturing sites.

Responsibilities

• Develop and execute the financial strategy for global manufacturing operations to support business growth and profitability.
• Partner with the manufacturing leadership team to drive cost efficiency, productivity, and performance improvements.
• Provide financial guidance on initiatives such as pricing, inventory management, and product development strategies.
• Lead budgeting, forecasting, and long-range planning for manufacturing operations, ensuring alignment with corporate financial goals.
• Implement cost control strategies, including margin improvement and waste reduction initiatives across multiple manufacturing sites.
• Oversee and optimize manufacturing-related capital expenditures and resource allocation to ensure effective use of assets.
• Analyze key financial metrics related to production, such as direct and indirect costs, to enhance decision-making.
• Support executive decision-making through robust financial analysis and reporting of operational KPIs.
• Manage monthly, quarterly, and annual transactional processes and reporting for manufacturing, providing clear and actionable insights to leadership.
• Lead the preparation of variance analyses, identifying trends and recommending corrective actions.
• Drive continuous improvement in financial processes, systems, and reporting tools to streamline data flow and increase accuracy.
• Serve as the key liaison between finance, operations, supply chain, and other functional teams to ensure financial alignment across the business.
• Lead and mentor a team of finance professionals, fostering a culture of accountability, collaboration, and continuous learning.
• Support talent development and succession planning within the finance organization.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field.
• MBA, CMA or CPA preferred.
• 10+ years of progressive finance experience in a complex manufacturing environment, with at least 5 years in a leadership role.
• Demonstrated excellence in serving as a key business partner for the manufacturing function.
• Experience within the semiconductor or electronics industry strongly preferred.
• Experience leading, and success growing and retaining a diverse team.
• Proven success as a transformative leader with key roles in global initiatives.
• Strong knowledge of cost accounting, financial modeling, and operational KPIs.
• Proven experience managing financial operations for global, multi-site manufacturing facilities.
• Expertise in ERP systems and financial reporting tools; Oracle experience preferred.
• Exceptional analytical, problem-solving, and decision-making skills.
• Strong interpersonal and communication skills, with the ability to influence stakeholders at all levels.
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities.

Benefits

• Employee stock purchase plan
• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Employee assistance program
• Vision insurance
• Life insurance