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Director, Cost Accounting

Allegro Micro

Director, Cost Accounting

Allegro Micro

Alabang, Muntinlupa City, Philippines

·

On-site

·

Full-time

·

1w ago

The Allegro team is united by a clear purpose—advancing technologies that make the world safer, more efficient, and more sustainable. With over 30 years of experience in semiconductor innovation, we bring that purpose to life across every part of the business—from breakthrough product development and customer success to how we show up for each other and the communities we serve.

The Opportunity

The Cost Accounting Director is a strategic and operational leader responsible for all aspects of cost accounting across Allegro Micro Systems' global manufacturing operations. This role involves developing, implementing, and maintaining robust cost accounting systems, policies, and procedures to ensure accurate product costing, inventory valuation, and manufacturing variance analysis. The Director will provide critical financial insights to operations, engineering, and product management teams, supporting strategic decision-making, cost reduction initiatives, and profitability improvement

What You Will Do

  • Lead the development and execution of strategic cost accounting initiatives, including systems transformation, process automation, and analytics capabilities.
  • Partner with Finance leadership to align cost accounting with company strategy, profitability goals, and margin optimization.
  • Oversee policy development for product costing, inventory valuation, standard costs, and overhead absorption methodologies.
  • Understand and develop process for unique areas that impact cost accounting, e.g., Vendor Managed Inventory.
  • Provide executive-level insights into cost structures, manufacturing efficiency, and supply chain performance.
  • Drive change management, including evaluation and adoption of new technologies or ERP systems (Oracle upgrade).
  • Ensure compliance with U.S. GAAP, internal controls, and SOX requirements.
  • Align with cost accounting sr. Manager to oversee cost accounting, inventory, fixed assets and related month-end close processes for all entities worldwide.
  • Oversee cost accounting sr. Manager to ensure accurate roll-up and update of Oracle standard cost and calculation of transfer price.
  • Reviews and understand Probe/Assembly/Test variance to standards, PPV and trends.
  • Reviews and understand job lot variance, assembly yield variance, cycle time and trends.
  • Develops cost projections for COGS and COGS components.
  • Understand cost analyses and accounting entries of the cost, inventory and fixed asset teams.
  • Ensures that issues on raw material shortage in shop floor, expiration and usage rate are attended to.
  • Participates in streamlining and managing an effective cost accounting system, cost and budget analysis and review.
  • Supports adhoc projects, and other duties as assigned by the immediate head.
  • Mentor and develop cost accounting leaders and build a strong pipeline of talent.

What You Will Bring

  • Bachelor of Science in Accountancy
  • Certified Public Accountant is an advantage
  • At least 12 years of relevant work experience in Cost Accounting in a manufacturing set up
  • At least 5 years managerial experience
  • Deep knowledge of manufacturing cost accounting, inventory, and variance analysis
  • Strong track record of driving strategic projects, system implementations, and process improvements
  • Unquestionable integrity
  • Strong leadership skills
  • Excellent verbal and written communication skills
  • Excellent interpersonal skills and ability to easily relate with people in various levels of the organization.
  • Strong planning, organizational and analytical skills
  • Accuracy and attention to details
  • Takes initiative to make improvements
  • Cooperates and collaborates with colleagues
  • Acute sense of professionalism and confidentiality
  • Formulates strategy and sets clear direction
  • In-depth knowledge of entire finance and accounting functions including techniques, practices in costing, and inventory management
  • Keen on details and ability to explain them
  • Ability to establish and execute financial controls
  • Thorough knowledge of local finance and accounting practices
  • Abreast with government and industry practices
  • A firm grasp of all accounting functions
  • Ability to comply with all legal and regulatory requirement
  • Formulates strategy and sets clear direction
  • Influences, communicates and presents effectively
  • Develops financial and resource plans
  • Manages budget and allocates resources effectively
  • Ability to manage and execute tasks in a high-pressure environment
  • Assesses team success and addresses problems
  • Conducts performance reviews
  • Builds collaboration with other departments
  • Investigates problems, find solutions and make sound decision

Why Allegro?

Join Allegro and become part of a team where your contributions truly matter.

We foster a culture of Real Innovation, empowering you to push boundaries, develop cutting-edge solutions, and drive continuous improvement.Your work will create a Real Impact by solving complex real-world challenges that fuel our success and shape the future of technology.You’ll experience Real Connection, collaborating with talented colleagues around the globe in an environment built on trust, respect, and a shared purpose.Join us—and help build what’s next.

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About Allegro Micro

Allegro Micro

Allegro MicroSystems is a semiconductor company that designs and manufactures high-performance power and sensing solutions for automotive and industrial applications.

1,001-5,000

Employees

Iowa

Headquarters

Reviews

3.9

41 reviews

Work Life Balance

3.6

Compensation

4.2

Culture

3.9

Career

4.0

Management

3.7

71%

Recommend to a Friend

Pros

Good work-life balance and flexible environment

Competitive compensation and benefits

Opportunity for career growth

Cons

Some organizational bureaucracy

Room for improvement in processes

Work-life balance varies by team

Salary Ranges

123 data points

Junior/L3

Mid/L4

Senior/L5

VP

Director

Junior/L3 · Production and New Product Introduction NPI Planner

1 reports

$95,910

total / year

Base

$83,400

Stock

-

Bonus

-

$95,910

$95,910

Interview Experience

48 interviews

Difficulty

3.4

/ 5

Duration

14-28 weeks

Offer Rate

35%

Experience

Positive 62%

Neutral 24%

Negative 14%

Interview Process

1

Phone Screen

2

Technical Interview

3

Hiring Manager

4

Team Fit

Common Questions

Technical skills

Past experience

Team collaboration

Problem solving