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Nokia

Makes network gear for carriers and data centers

FAB Controller

Cost & Management AccountingConfirmed live in the last 24 hours
Full-timeUnited StatesIn-person

About the Job

Requirements

  • A bachelor's degree in Finance, Accounting, Economics, or a related field is required.
  • Significant experience in finance, controlling, or cost accounting within a manufacturing environment is required.
  • Strong understanding of standard costing, inventory accounting, manufacturing variances, and financial planning is required.
  • Experience supporting monthly close, forecasts, budgeting, and management reporting is required.
  • Strong analytical skills and the ability to interpret large data sets and translate them into actionable business insights are required.
  • Ability to work cross-functionally with operations, engineering, supply chain, and senior leadership is required.
  • Strong communication and presentation skills are required.
  • Proficiency in enterprise resource planning (ERP) systems and Excel-based financial modeling is required.

Responsibilities

  • Lead monthly, quarterly, and annual close activities for FAB operations.
  • Prepare and review journal entries, accruals, reconciliations, and financial reporting related to manufacturing operations.
  • Ensure timely and accurate reporting of factory financial results, including manufacturing variances and operational spend.
  • Support management reviews with clear financial commentary on actuals versus forecast, budget, and prior periods.
  • Own and analyze manufacturing cost performance, including labor, overhead, materials, purchase price variance, scrap, yield, and absorption.
  • Monitor standard cost versus actual cost and explain key drivers of variances.
  • Support standard cost updates and maintain accuracy of cost assumptions for factory-produced materials and finished goods.
  • Partner with operations to identify and track cost reduction opportunities and corrective actions.
  • Oversee inventory accounting for raw materials, work-in-process, finished goods, reserves, and excess and obsolete inventory.
  • Ensure inventory balances are accurate, properly reconciled, and compliant with accounting requirements.
  • Support cycle count, physical inventory, and inventory reserve processes.
  • Monitor manufacturing-related balance sheet accounts and drive timely issue resolution.
  • Lead FAB budgeting, quarterly forecasting, and long-range planning processes.
  • Develop cost forecasts for factory spend, variances, headcount, and capital investments.
  • Model financial impact of production volume, utilization, ramp plans, yield changes, and operational scenarios.
  • Support business planning for new capacity, technology ramps, and strategic manufacturing initiatives.
  • Track manufacturing capital expenditures against plan and support capital forecasting and reporting.
  • Partner with operations and engineering to evaluate the financial impact of new tools, equipment, and facility investments.
  • Monitor depreciation-related impacts and support capitalization decisions in line with policy.
  • Provide financial support for major fab expansion or strategic investment programs.
  • Act as the key finance partner to FAB leadership, manufacturing, engineering, supply chain, and procurement teams.
  • Translate operational issues into financial implications and support data-driven decision-making.
  • Challenge assumptions, highlight risks and opportunities, and support accountability for factory financial performance.
  • Participate in regular operational and financial review meetings.
  • Maintain a strong internal control environment for manufacturing finance processes.
  • Ensure compliance with accounting policies, internal controls, and audit requirements.
  • Support internal and external audit requests related to inventory, cost accounting, capital expenditures, and manufacturing transactions.
  • Help drive remediation and process improvements where control gaps or inefficiencies are identified.
  • Improve reporting, forecasting, and analytics for factory finance.
  • Support ERP, costing, and reporting system enhancements affecting manufacturing finance.
  • Drive simplification, standardization, and automation of recurring finance processes.
  • Strengthen data quality and transparency across manufacturing and finance reporting.

Desired Qualifications

  • Experience in semiconductor, high-tech, or advanced manufacturing environments.
  • Knowledge of FAB-specific metrics such as yield, scrap, cycle time, utilization, and cost absorption.
  • Experience with capital expenditure-intensive manufacturing operations.
  • Familiarity with internal controls, audit support, and compliance processes.
  • CPA, CMA, or MBA is a plus.

About the Company

Nokia

Makes network gear for carriers and data centers

Nokia makes the equipment and software that mobile carriers, cloud companies, and businesses use to run networks, from cell-tower radios to fiber links between AI data centers. From 1998 to 2011 it was the world's largest mobile phone maker; it sold that business to Microsoft in 2014, and HMD Global, a separate company, makes Nokia-branded phones under license. Its network unit sells optical systems that send data over fiber, internet routers, and broadband gear, and its mobile unit sells radios and the core software that runs 5G networks. Nokia earns money from equipment and service contracts and from licensing its patents to phone makers and carmakers. It was founded in 1865 as a wood pulp mill and is based in Espoo, Finland.

Company size
10,001+
Company stage
IPO
Headquarters
Espoo, Finland
Founded
1865

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