Experienced Finance Cost Engineer
Samsung Electronics is hiring an Experienced Finance Cost Engineer in Austin, United States. It pays $95k-$120k a year and Level rates it ; you can apply on Samsung Electronics.
Level's read on this job
- Level rates this role Little AI ●○○○: aI is not part of the work.
- The posting mentions Excel, VBA and cost control among its tools and skills.
- Level classes it as a senior role.
- Samsung Electronics has 617 other open roles on Level.
AI in this role
Manages financial operations, capital expenditures, and cost controls for semiconductor infrastructure construction projects.
About Samsung Austin Semiconductor
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.
Come innovate with us!
Position Summary
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.You partner closely with project management, procurement, and compliance teams to mitigate financial risks and resolve cost disputes quickly. You will rely on being a proactive problem solver who thrives in a fast-paced, high-pressure, and constantly changing environment and you will deploy your collaborative mindset in building strong alignment between finance, procurement, and compliance groups.
Role and Responsibilities
Here’s What You’ll Be Responsible For:
- 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.
Skills and Qualifications
Here's what you'll need:
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.
The current base salary range for this role is between $95,000 - $120,000. Individual base pay rates will depend on factors including duties, work location, education, skills, qualifications and experience. Total compensation for this position will include a competitive benefits package and may include participation in company incentive compensation programs, which are based on factors to include organizational and individual performance.
Total Rewards
At Samsung Austin Semiconductor, base pay is just one part of our total compensation package. The base compensation for this role will depend on education, experience, skills, and location.
We offer a comprehensive benefits package, including:
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 and MORE
Eligible full-time employees (salaried or hourly) may also receive MBO bonuses based on company, division, and individual performance.
All positions at Samsung Austin Semiconductor are full-time on-site.
U.S. Export Control Compliance
This role may require access to information subject to U.S. export control laws. Applicants must be authorized to access such information or eligible for government authorization.
Trade Secrets Notice
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.
* Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here.
* 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.
How we rate this
Experienced Finance Cost Engineer at Samsung Electronics rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where cost control was part of your work. What did you do?
- Tell me about a project where capital expenditures was part of your work. What did you do?
- Tell me about a project where financial forecasting was part of your work. What did you do?
- Tell me about a project where construction accounting was part of your work. What did you do?
- Tell me about a project where variance analysis was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Cost Control, Capital Expenditures, Financial Forecasting, Construction Accounting, and Variance Analysis. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
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