Cost Accountant II

Ferrotec; Bedford (NH); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Life & Disability Insurance

401K Matching

Flexible Work Hours

Tuition Reimbursement

Leadership Development

Travel & Hotel Discounts

Paid Time Off

Wellness Programs

Employee Recognition

Job summary

Ferrotec in Bedford, NH is seeking a Cost Accountant to support inventory and cost data integrity in a dynamic manufacturing environment. You will help maintain standard costs, analyze material and labor costs, and assist with JSOX controls.

The role requires 2–3 years in cost accounting within a standard cost-manufacturing setting, with strong Excel skills and familiarity with Oracle. Competitive benefits and a supportive team await.

Qualifications

• Bachelor’s Degree in Accounting and 2-3 years cost accounting experience in a standard cost-manufacturing environment.
• Experience with Oracle is helpful.
• Proficient in Windows-based PC software packages e.g. Excel and Word.

Responsibilities

• Assist in the accuracy and integrity of all inventory and production data.
• Assist in the maintenance of standard material costs. Update standards monthly with Procurement.
• Assist in reviewing and monitoring inventory movement for management review.
• Assist in annual review of labor and overhead rates to ensure proper pricing of products.
• Assist in over/under absorption to determine adjustments to inventory balances.
• Assist in reviewing and executing JSOX internal controls.
• Assist in monthly review of WIP inventory and production job closures and variance analysis.
• Assist in periodic cycle counts and evaluate cycle count program adequacy.
• Assist in preparing month-end cost accounting journal entries and reconciliations.
• Assist in inventory reconciliations.
• Assist in preparing monthly gross margin reports and investigating margins.
• Assist in preparing all inventory-related reports.
• Assist Senior Accountants in journal entries, reconciliations and other tasks.

Skills

Cost accounting

Inventory management

Data analysis

Standard costing

Education

Bachelor's degree in Accounting

Tools

Oracle

Excel

Word

Job description

Together we are a world-class diversified manufacturer with a commitment from our team to proudly provide pure precision solutions to our customers, delivering superior quality, value and service.

Ferrotec (USA) Corporation is a technology company with a worldwide presence in various end products, manufacturing systems, and industries serving primarily the semiconductor industry. We provide our customers with advanced materials, components, systems, and manufacturing solutions. Please visit www.ferrotec.com for a list of office locations.

HOW YOU MAKE AN IMPACT

Responsible for the application and integrity of cost accounting practices in a dynamic manufacturing environment. This includes, but is not limited to planning, collecting, and analyzing data to determine and report all cost factors affecting production such as raw material purchases, inventory management costs, production labor, outside services, and machine shop activity. Track and report on all raw materials, WIP, finished goods, and consignment inventory.

Achievement of objectives must include an overriding commitment to quality that must permeate the areas of responsibility. Enable and Drive Change in the Organization.

WHAT SUCCESS LOOKS LIKE

• Assist in the accuracy and integrity of all inventory and production data.
• Assist in the maintenance of standard material costs. This includes the updating of standards on a monthly basis (as needed and based on communication/partnering with Procurement). The individual must have the ability to analytically review the last receipt, to assist in conversations with Procurement.
• Assist in reviewing, identifying and monitoring inventory movement and provide analysis as necessary for management’s review.
• Assist in the annual review of labor and overhead rates to ensure proper pricing of the company’s products.
• Assist in the over/under absorption to determine whether adjustments (reserves) must be made to properly cost the inventory balances.
• Assist in the review and execution of JSOX internal controls.
• Assist in Monthly review of work-in-process inventory and review of production jobs for completeness and timeliness of closure and the analysis of manufacturing variances on closed jobs (etc. material usage, labor).
• Assist in performing periodic cycle counts (approvals) and participate in evaluating the adequacy of the cycle count program.
• Assist in preparing the month-end cost accounting journal entries and monthly reconciliation of perpetual inventory to the general ledger.
• Assist in Inventory reconciliations.
• Assist in preparing the monthly gross margin report and investigate all low/negative margins.
• Assist in the preparation of all inventory-related reports.
• Assist Senior Accountants in journal entries, reconciliations and other various tasks assigned by manager of accounting.

Not a comprehensive list of duties. Duties may change without notice at management’s sole discretion

WHAT YOU NEED TO BE SUCCESSFUL

• Bachelor’s Degree in Accounting and 2-3 years cost accounting experience in a standard cost-manufacturing environment.
• Experience with Oracle is helpful.
• Proficient in Windows-based PC software packages e.g. Excel and Word.

PERKS OF JOINING OUR TEAM

With positive values, a productive atmosphere, and a commitment to excellence, Ferrotec encourages employees to maximize and realize their potential.

Ferrotec is proud to offer a Competitive Benefits Package including Medical, Dental, Vision, Life & Disability, 401K Matching, Flexible Work Hours, Tuition Reimbursement, Leadership Development, Travel and Hotel Discounts, Paid Time Off, Sick & Wellness, and Volunteer Time, Employee Recognition Program, Employee Engagement & Appreciation Events hosted throughout the year. Virtual Wellness Activities and Classes are available to all employees & family members and Much More!

Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.