Experienced Finance Cost Engineer at Samsung Electronics | Austin, TX, US | Rezi

Experienced Finance Cost Engineer at Samsung Electronics

Experienced Finance Cost Engineer

Samsung Electronics · Austin, TX, US

1 weeks ago

Experienced Finance Cost Engineer

Samsung Electronics · Austin, TX, US

8 days ago
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About the Role

The Finance Cost Engineer manages financial operations and cost controls for infrastructure construction projects at our semiconductor foundry facility. You oversee all financial aspects of construction ensuring projects stay on budget and meet strict financial goals by tracking capital expenditures (CapEx), forecasting cash flow, and reviewing pay applications.

Responsibilities

  • Build and maintain dynamic cost-tracking databases and project-level cost breakdown structures (CBS).
  • Review contractor and vendor billing applications against physical progress on the job site.
  • Perform independent cost estimates (ICE) for major change orders and contractor variation claims.
  • Conduct monthly variance analysis comparing actual spend and forecasts against baseline budgets.
  • Coordinate project close-out financial audits, final accounting reconciliations, and retention releases.
  • Implement value compliance processes in partnership with construction managers to optimize CapEx efficiency.

Requirements

  • Advanced understanding of capital project lifecycle stages from schematic design through commissioning and close-out.
  • Deep knowledge of construction contracting methods (e.g. Lump Sum, Cost Plus, Time & Material) and mechanics' liens laws.
  • Strong working knowledge of standard industry accounting principles and CapEx depreciation rules.
  • Expert-level spreadsheet skills (advanced Excel modeling, pivot tables, macros/VBA).
  • Exceptional analytical and mathematical capabilities for handling large, complex data sets.
  • Applicants must be authorized to access such information or eligible for government authorization.
  • By submitting an application, you agree not to disclose to Samsung—or encourage Samsung to use—any confidential or proprietary information (including trade secrets) belonging to a current or former employer or other entity.

Skills

  • Excel modeling
  • Pivot tables
  • Macros/VBA

Location

  • Austin

Work Type

  • On-site
  • Full-time

Salary/Compensations

  • $95,000 - $120,000

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and 401(k) matching with immediate vesting
  • Onsite café(s) and workout facilities
  • Paid maternity and paternity leave
  • Paid time off (PTO) + 2 personal holidays and 10 regular holidays
  • Wellness incentives
  • MBO bonuses based on company, division, and individual performance

About the Company

  • Samsung is a world leader in advanced semiconductor technology, founded on the belief that the pursuit of excellence creates a better world.
  • At Samsung Austin Semiconductor, we are Innovating Today to Power the Devices of Tomorrow.

Equal Opportunity

  • Samsung Electronics America, Inc. and its subsidiaries are committed to Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.