Senior Engineer/Engineer, Cost Management and Planning

Job Description:

We are seeking an experienced and detail-oriented Cost Management and Planning Engineer to support the planning, estimating, budgeting, and cost management of semiconductor fab. The role will be responsible for establishing and maintaining expense management control systems, monitoring fab expenditures and commitments, preparing cost forecasts, managing changes and variations, and providing timely cost performance information to management team. The successful candidate will work closely with engineering teams, material management and project teams to identify cost-saving opportunities without compromising safety, quality, reliability, or Fab requirements objectives.

Job Responsibilities:

• Establish and maintain cost management procedures, systems, processes and benchmarking data.
• Develop and maintain the Cost Breakdown Structure (CBS) and cost coding system in alignment with the Work Breakdown Structure (WBS).
• Track actual expenditures against approved budgets and identify potential cost overruns at an early stage.
• Analyse actual expenditure, commitments, accruals, and remaining budget to determine the fab financial position.
• Identify cost variances and develop recommendations for corrective actions.
• Prepare monthly expenditure reports, yearly budget forecasts, and management dashboards.
• Prepare biweekly financial rolling forecast and periodic cost down projects report for management review.
• Coordinate with finance to ensure commitments are accurately captured.
• Identify potential budget shortfalls and unused funds.
• Support budget transfers, reallocations, and management reserve control in accordance with fab requirement.
• Maintain accurate and up-to-date cost down projects records throughout the project lifecycle.

Job Requirements:

• Bachelor’s degree in industrial engineering, Manufacturing Engineering, or a related field.
• Knowledge in semiconductor manufacturing, with exposure to wafer fab operations.
• Prior experience in capacity planning, cycle time management, WIP control, and productivity optimization within a fab environment would be an added advantage.
• Knowledge of IE methodologies, including line balancing, bottleneck management, and cost modelling.
• Proficient in data analysis tools and systems (e.g., JMP, SQL, Tableau/Power BI, MES such as PROMIS) would be an added advantage.
• Good communication and presentation skills, with the ability to translate complex data into actionable insights.
• High level of accountability, adaptability, and ability to thrive in a fast-paced manufacturing environment.