Senior Cost Accountant

Silicon Labs (NASDAQ: SLAB) is the leading innovator in low-power wireless connectivity, building embedded technology that connects devices and improves lives. Merging cutting-edge technology into the world’s most highly integrated SoCs, Silicon Labs provides device makers the solutions, support, and ecosystems needed to create advanced edge connectivity applications. Headquartered in Austin, Texas, Silicon Labs has operations in over 16 countries and is the trusted partner for innovative solutions in the smart home, industrial IoT, and smart cities markets. Learn more at www.silabs.com.

What We are Looking For?

This role supports global cost and inventory accounting operations, including quarterly inventory costing, standard cost updates, and fixed asset management. The position involves maintaining product cost models, analyzing variances, and ensuring alignment with manufacturing processes. Responsibilities also include journal entries, month/quarter-end closings, and reporting on cost of sales and logistics. The role partners closely with Operations to drive cost efficiency, improve processes, and deliver accurate management reporting.

Skills you’ll need:

• Support global cost and inventory accounting and reporting activities

• Participate in quarterly inventory costing activities including standard cost update and standard cost forecast

• Maintain product cost model and examine variances to ensure model remains aligned to manufacturing environment

• Manage fixed asset forecast, additions, depreciation, and reconciliation

• Monitor factory activities and test production absorption rate

• Post journal entries for internal test factory and report allocation and absorption

• Perform month end / quarter end closing activities in the inventory/manufacturing area

• Seek and act on opportunities to reduce costs, improve processes and streamline workflows

• Partner with Operations team to forecast and analyze cost of sales and freight/logistics expenses

• Management reporting of actuals vs. forecast/plan

Other Activities:

• Annual physical inventory count for manufacturing suppliers

• Annual fixed assets impairment testing

• Semi-annual Financial Assessment for manufacturing suppliers

• Liaise with Internal & External auditors

• Process improvement and automation project where applicable

• Build and maintain effective data visualizations using Tableau

• Any other activities being assigned

Required Experience & Skills:

• Degree in Accounting or equivalent, with at least 3 years of working experience in Costing or Inventory

• Knowledge of accounting & MS office software; SAP experience will be a plus

• Meticulous and organized

• Willingness to take on job rotation

• Good interpersonal skills and a team player

• Excellent command of English, both spoken and written

• Experience in multi-national environment and/or semi-conductor industry preferred

Benefits & Perks:

Not only will you be joining a highly skilled and tight-knit team where every engineer makes a significant impact on the product; we also strive for good work/life balance and to make our environment welcoming and fun.

• Employee Stock Purchase Program (ESPP)

• Medical and dental insurance coverage including spouse and child(ren)

• Bi yearly health screening and flu vaccination

• Office location is above Tai Seng MRT station

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Silicon Labs is an equal opportunity employer and values the diversity of our employees. Employment decisions are made on the basis of qualifications and job-related criteria without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status, or any other characteristic protected by applicable law.