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Open nowPosted 38 days ago

Cost and Inventory Senior Manager

Solidigm39 open roles

Pay
$116,240 – $186,000 a year
Where
Rancho Cordova, CA, United States
Work mode
Hybrid
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Your applicationOpen nowCost and Inventory Senior ManagerSolidigm · Rancho Cordova, CA, United States

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The clock on this job

Early applications get read.

8.0% of postings close within 7 days. Measured by our own scanner across the market. Solidigm postings stay open a median of 28 days.

Share of postings closed within
  1. 1.6%1 day
  2. 3.6%3 days
  3. 8.0%7 days
  4. 15.0%14 days
  5. 34.2%30 days
This job: posted 38 days ago

Solidigm median: 28 days open

The posting

Company Description

Join a multibillion-dollar global company that brings together amazing technology, people, and operational scale to become a powerhouse in the memory industry. Headquartered in Rancho Cordova, California, Solidigm combines elements of an established, successful technology company with the spirit, agility, and entrepreneurial mindset of a start-up. In addition to the U.S. headquarters and other facilities in the U.S., the company has international presence in Asia, Europe, and the Americas. Solidigm will continue to lead the world in innovating new Memory technologies with aspirations to be the #1 NAND memory company in the world. At Solidigm, we view problems as opportunities to define innovative solutions that hold the power to change the world and unleash the potential technological needs that the future holds. At Solidigm, we are One Team that fosters a diverse, equitable, and inclusive culture that embraces individual uniqueness and empowers us to bring our best selves to deliver excellence in support of Solidigm's vision and mission to be the go-to partner for optimized data storage solutions. You can be part of the takeoff of an innovative business that develops cutting-edge products, delivers strong business value for customers, provides an engaging workplace for its employees, and serves a greater impact on the world. This is a golden opportunity for the right applicant to join us and help design, build, and lead Solidigm. We want a diverse team of dedicated professionals who will not just be Solidigm team members but contribute to how we shape the future of the organization. We are seeking applicants who will grow and thrive in our culture; be customer inspired, trusting, innovative, team-oriented, inclusive, results driven, collaborative, passionate, and flexible.

Job Description

Solidigm is seeking a senior Finance Cost & Inventory Manager to join our Cost of Sales team. This role oversees multiple direct reports and will Cost and Inventory forecasting, inventory reserves, and optimizing our multi-billion dollar manufacturing spend. This role is a critical finance business partner to senior leaders, requiring disciplined forecasts, accurate Close, high-quality insights, and influencing of investment decisions. Cost and Inventory touches nearly all areas of the company, requiring partnership across orgs, managing multiple stakeholders, and influencing complex decisions. Solidigm is a young, rapidly growing company, and this role will present multiple opportunities to grow with company, define new business processes, deploy new systems, and determine where and how to apply AI. The ideal candidate is passionate about the industry and the role, confidently leads in the unknown, is an avid problem solver, and invests in employees and the team. As a manager, you will be expected to provide clear expectations, grow and develop employees, deliver high-impact results through others, and foster a team culture consistent with Solidigm values. This is also a unique opportunity to join a young company and shape the direction, culture, and utility of the Finance organization. This role comes with a great benefits package and has a hybrid office policy.

Specific responsibilities include:

  • Leading monthly forecasting process for cost and inventory including unit cost and COGS, gross inventory, inventory reserves, variance analysis, slide preparation, and presenting to leadership, including the CFO. Reporting is done in GAAP, Non-GAAP, and IFRS.
  • Scenario planning and WIF analysis for short- and long-range forecasting
  • Calculating Inventory Reserves for both forecast and actuals
  • Owning multiple SOX controls and working with internal and external auditors to ensure proper controls and compliance
  • Driving continuous improvement in capabilities and processes for forecasting and reporting
  • Decision analytics in support of the Global Operations team including NPVs/ROIs, make v buy, vendor selection support, and supply chain optimization
  • Margin analysis and partnership with Sales Ops on pricing strategy
  • Decision impact: Direct influence on financial reporting, financial forecasts, cost structure, margins, and investment priorities

Qualifications

  • Bachelors degree in Finance, Accounting, Economics, or Business with 7+ years of applicable experience, or a Masters, MBA, or CPA with 5+ years of applicable experience.
  • Strong knowledge of cost management, accounting principles, financial reporting, and inventory valuation methods
  • Thorough understanding of SOX controls, compliance requirements, and accounting standards (GAAP, Non-GAAP, and IFRS)
  • Process management expertise and proven track record of driving process efficiencies
  • Experience building and managing complex models in Excel, comfortable using complex formulas and lookups, and ability to organize and analyze data for insights
  • Strong leadership or management experience with ability to guide and energize teams
  • Pursues work with enthusiasm, drive, and a possibility mindset. Someone who says “yes” to a challenge without necessarily knowing how to solve it.
  • Ability to work autonomously in a fast-paced, dynamic environment; manages multiple priorities effectively
  • Ability to collaborate across functions, quickly builds rapport and trust with business partners, and works effectively across geographically and culturally diverse teams
  • Natural curiosity and desire to learn the NAND business

Candidates must be legally authorized to work in the United States on a permanent basis.

Additional Information

This position is also eligible to participate in Solidigm's restricted stock unit (RSU), restricted cash unit (RCU), and cash bonus programs. In addition, Solidigm offers a benefits package that includes medical, dental, vision, supplemental life and AD&D insurance; short- and long-term disability; healthcare and dependent care flexible spending accounts, and a company match on eligible 401(k) plan contributions.

The compensation range for this role is $116,240 - $186,000. Actual compensation is influenced by a variety of factors including but not limited to skills, experience, qualifications, and geographic location.

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