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Senior Cost Accountant

2 months ago

Westford, United States Materion Precision Optics and Thin Film Coatings Inc Full time
At Materion, everyone is included, respected and offered opportunity to grow. Join us

Under the leadership of the Plant Controller, the primary responsibility is to forge strong business partnerships and provide cost analysis and decision support to the functional leaders of Materion Precision Optics Westford and Tyngsboro. The role works to improve the accuracy of standard costs and enhance systems and processes for the business. The Senior Cost Accountant will provide value added cost analysis, insights, and recommendations to drive cost reductions and process improvements.

You Will Have the Opportunity to:

Perform daily and month-end closing activities. This includes preparation of journal entries, management reports, and account reconciliations.

Conduct review and analysis related to production order activity, spending variances, inventory valuation accuracy, and the need for plant required accruals and reserves.

Monitor budget and actual spend throughout the year and work with cost center owners on variances to budget and forecasts.

Develop standard rates for cost centers and work with engineering on maintenance of plant BOM’s and routers.

Work with the planning team to develop monthly manufacturing cost and absorption forecasts based on forecasted demand.

Assist the operations team on development of business plans to justify large capital projects.

Assist with the annual physical inventory process

Maintain compliance with US GAAP and all company accounting policies.

Maintain procedural documentation for Sarbanes-Oxley compliance initiatives.

Assist with requirements of both internal and external auditors during annual audit.

Monitor yield performance and work with commercial and corporate accounting to ensure revenue is recognized according to conditions identified in the customer contract.

Assist with special projects as needed

Education/Experience

Bachelor's degree in accounting or finance required

Minimum of five years of accounting or finance experience required; manufacturing or plant accounting experience is preferred

Solid understanding of generally accepted accounting principles (GAAP) and ability to accurately apply the principles.

Experience with Visual Manufacturing ERP system and Microsoft Power BI is a plus

Highly proficient at Microsoft Excel, Word, and Power Point.

#HP

The selection of the person to be hired for this position is contingent on the candidate having export compliance eligibility for access to U.S. controlled technology which comes under the licensing jurisdiction of the U.S. Department of State, International Traffic in Arms Regulations (ITAR) and the U.S. Department of Commerce, Export Administration Regulations (EAR).

The candidate selected will have to qualify as either a U.S. citizen, a U.S. National, a lawful permanent resident of the U.S., a Person Admitted into the U.S. as an Asylee or Refugee., a National of a country that is not prohibited from having access to U.S. controlled technology (via a letter of assurance), or a Person to be approved for an export license by the governing agency whose technology comes under its jurisdiction. Please understand that any job offer that requires approval of an export license will be conditional on Materion’s determination that it will be able to obtain an export license in a time frame consistent with Materion’s business requirements.

Materion Corporation and its subsidiaries (the “Company”) is an equal employment opportunity employer. It is the Company’s policy to not unlawfully discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances. The Company also prohibits harassment of applicants and employees based on any of these protected categories. It is also the Company’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions. The information collected by this application is solely to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on the Company. Please inform the Company’s personnel representative if you need assistance completing any forms or to otherwise participate in the application process.

Materion’s Veteran Employee Resource group supports veterans and promotes the benefits of hiring veterans in the workplace. We honor all those who have served and are a military friendly company. Veterans are encouraged to apply and military experience and skills are transferrable to Materion careers.

Please provide complete information. An incomplete application may affect your consideration for employment.