Cost Management Analyst

Job Title: Cost Analyst

FSLA Status (Exempt or Non-exempt): Exempt

Location (City, State): Houston, TX

Reports To: Cost Manager

Direct Reports (Yes, No): No

Company Overview:

Established in Taiwan in 1974, Hon Hai Technology Group, commonly known as Foxconn, is the world's largest electronics manufacturer and leading provider of technological solutions with a network of over 200 campuses across 24 countries. In the US, Foxconn employs 6,500 across 40 different sites with manufacturing operations in Virginia, Wisconsin, Ohio, Indiana, Texas and California. As of 2023, Foxconn ranks 32nd among the Fortune Global 500 and reported a revenue of approximately USD $213 billion in 2024.

The company's diverse product offerings span four major segments: smart consumer electronics, cloud and networking solutions, computing and various other components. Foxconn makes 40% of the consumer electronics that we find in our everyday lives. In recent years, Hon Hai has adopted the 3+3 strategy, focusing on three emerging industries - electric vehicles, digital health solutions, and robotics - while leveraging three key technologies: next-generation communications, artificial intelligence (AI), and semiconductors. Together these initiatives position the company as a leader for innovation in the 21st century.  

Hon Hai Technology Group is deeply committed to championing environmental sustainability within its manufacturing processes. By integrating sustainability into its operations framework, the company strives to serve as a best-practice model for global enterprises, enhancing corporate responsibility while meeting the growing demand for environmentally conscious productions methods. 

Job Summary:

This role will work with cost management and finance teams to arrange the funding and financing of operations, also monitors each site's daily function and enforce compliance in according to company policy.

Duties and Responsibilities:

• Process various check request, petty cash, purchase requisition, purchase order (inventory/MRO) and invoice from each site.
• Ensure each document is issued under correct entity, cost code and GL account to comply with company approval process regulations.
• Review pricing file for purchase orders to ensure accurate invoicing and reasonable profit margin.
• Check on vendor balance in SAP for invoice payment status, work with local procurement and accounting to resolve various receipt and invoice payment issues with vendor.
• Review and process freight payment, work with carrier company AP to resolve billing account errors.
• Maintain freight expense detail log and classify freight type for rebill. 
• Issue FI billing in SAP for each project, send out monthly billing report and aging statement for management review.
• Resolve various invoice problem and aging issues with local operation team and customer.
• Coordinate with local teams to review and approve required documents to set up customer/vendor account.
• Notify each site on the month-end closing schedule, perform month-end closing activity.
• Process expense cost transfer.
• Distribute weekly Inventory Aging Report to operation teams. Assist in year-end physical inventory count.
• Issue fixed asset# in SAP.
• Review temp employee timecards and process temp agency payroll invoice.
• Keep track on temp employee status change in each site, verify working hour and time-off records to ensure accurate payroll posting.
• Review Personnel Action Form for temp employee hiring process, work with responsible supervisor to correct any error.
• Perform other duties as requested or assigned.

Education:

• Bachelor's degree or a related technical field. 

Experience:

• 3-5 years accounting/finance experience.
• SAP FI/CO module preferred.

EEOC Statement

Foxconn is an equal opportunity employer that is committed to diversity and inclusion in the workplace. Foxconn prohibits discrimination and harassment of any kind and provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, gender, religion, sex, sexual orientation, ethnicity or national origin, age, disability, marital status, genetics, pregnancy, or any other protected characteristic as outlined by federal law. In addition to federal law requirements, Foxconn complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, and transfer, leaves of absence, compensation, and training.