Career Opportunities

Success Starts Here

As a leading global supplier of wafer fabrication equipment and services to the semiconductor industry, Lam Research develops innovative solutions that help our customers build smaller, faster, and more power-efficient devices.

We are a company comprised of people who work hard, deliver outstanding results and maintain a sense of humor during even the most challenging times. Our success results from our employees' diverse technical and business expertise, which fuels close collaboration and ongoing innovation. We know that our dynamic, global team of exceptional employees is essential to our continued growth.

Join the Lam Research team, where you can play a vital role in the future of electronics and write your own success story.

FP&A and Costing Manager

Date: May 10, 2021

Location: Bayan Lepas, Penang, MY, 11900

Req ID: 155513

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Job Responsibilities

This role manages and leads the FP&A and Costing and associated fiduciary responsibilities. Responsibilities include forecasting and analysis of profit & loss statements, inventory valuation cost roll, cost accounting and inventory management in the manufacturing business. Other portfolio includes cost center budgeting, execution & monitoring, managing capital budgeting, supporting various aspects of the financials and is always expected to establish a comprehensive understanding of the entity’s financial position. The incumbent is expected to provide regular financial reporting to the management and will support variance analysis, drill-downs of revenue/COGs/OPEX trends. Lead the company’s inventory valuation cost roll. Manage cost & inventory accounting in the Malaysia manufacturing plant. Overseeing the production labor absorption business processes through interactions with the manufacturing executives;

Other Job Responsibilities

  • Provide support to the staff and business partners to
  • Analyze and review Bills of Material (BOMs) to ensure accurate product costing;
  • Provide inputs in projects and cost reduction initiatives, etc. as the subject matter expert for cost accounting;
  • Perform variance analysis such as production order variance and work order variance analysis, etc. and work with Operations to resolve issues quickly;
  • Support finance, product groups and other organizations in cost related areas.
  • Oversees the preparation of annual budgets. Drive the annual, quarterly and monthly forecasting processes to ensure integrity of information and performance measurements that are consistent and meaningful to the management.
  • Collaborate cross functionally on projects that impact cost and related areas pertaining to the role.
  • Assist with review and updates of controls, processes and procedures related to manufacturing finance and cost accounting and ensure SOX 404 compliance.
  • Assist with and ensure successful quarterly and year end audits and other internal/external reporting requirements.
  • Storyboarding of key headlines to senior management team on quarterly financial movements. Provide active support to ensure major decisions are made with accurate financial information in a timely manner. Prepare financial analysis and ratios on scenario planning, financial modeling for future business projection, as required.
  • Active business partnering with all internal key stakeholders. Closely engage Corporate Global Operations teams, and Corporate Finance function teams to understand business, manufacturing activities with financial impact & costing concerns.
  • Any other duties as assigned by the Immediate Supervisor.

Minimum Qualifications

  • Bachelor’s degree in Business/Accountancy.
  • CPA will be an added advantage.
  • At least 15 years in the Finance role, with > 7 years of relevant experience in FP&A and Costing scope with good exposure and understanding of accounting and standards.
  • At least 5 years of SAP Manufacturing accounting in a manufacturing environment (subject matter expert in SAP cost accounting);
  • People Management experience within the last 7 years.
  • Conversant in use of Microsoft office applications, especially good knowledge of Power Point  & advanced knowledge of Excel and ERP skills with the ability to manipulate large amounts of data.
  • Flair for systems development, demonstrated past success as subject matter expert in system solutions.

Preferred Qualifications

  • Ability to understand the manufacturing environment and the associated financial processes.
  • Ability to effectively analyze transactional level detail in an enterprise resource planning system.
  • Strong business skills and effective understanding of financial, distribution and manufacturing systems.
  • Meticulous and with a keen sense of business acumen, curiosity. Strong Thought-process to work through problem-solving. Analytical, continuous learner, creative thinker.
  • Strong inter-personal, communication and business partnering skills.
  • Demonstrates strong ability in liaison with many levels of people, with skill, tact and diplomacy.
  • Must be able to collaborate and build positive relationships with other teams within Finance as well as departments outside Finance to effectively make recommendations, implement process improvements, etc.
  • Strong leader, with initiative and effective decision-making skills. Demonstrates a high level of professionalism, commitment and resilience to multi-task.

Our Commitment


Our work is everywhere you look – even if you can’t actually see it. Lam Research goes deeper than software or chips to the heart of the process that enables chip creation. So if you want to help power the components that empower everything, join us.


All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or on the basis of disability.

We Look Forward to Your Application

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