Cost Accountant

Job Description

Ichor Systems is seeking a detail-oriented and analytical Cost Accountant to join our team at our Sauk Rapids, MN facility. In this on-site role, you will play a key part in analyzing manufacturing costs, maintaining accurate inventory valuations, and supporting financial decision-making across the organization. The ideal candidate will bring strong cost accounting expertise within a manufacturing environment, excellent analytical skills, and a passion for driving efficiency and cost improvements. If you thrive in a fast-paced, collaborative setting and enjoy turning data into actionable insights, we want to hear from you

What We Offer

• PTO - 3 weeks annually, with accrual starting day one
• Strong health care plans available for both individuals and family.
• Employee Stock Purchase Plan (ESPP) - Buy company stock at a discount through payroll deductions
• 401(k) Match - Ichor Systems will match 50% of your contributions up to 8%.
• Vesting is immediate, ensuring you have full ownership of both your contributions and the matching funds from the company.
• Dental, Vision, Disability Insurance - Plus paid holidays, including a floating holiday
• Tuition Reimbursement - For approved professional development
• Competitive Pay - Includes shift differentials for swing shift and weekends

What You will Do:

• Analyze manufacturing variances including work order variance, scrap, purchase price variance, etc., and prepare regular reports highlighting these costs and identify inaccuracies.
• Gathers and compiles cost information and maintains database concerning expenses.
• Review and close work orders while communicating the drivers of any variances to the management team.
• Prepare cost estimates for new or proposed products and manufacturing processes.
• Work closely with production, engineering, and procurement teams to identify and implement cost-saving initiatives.
• Analysis of cost of operations including standard margin by part#, product line and customer.
• Responsible for overseeing cycle and physical count programs. Investigate and explain adjustments needed.
• Assist in month-end and year-end closing by posting journal entries related to revenue, inventory, COGS, accruals, etc.
• Assist in the preparation of monthly financial statements, ensuring cost-related accounts are accurate and properly stated.
• Reviews, analyzes, and reports actual profit margins.
• Determines and recommends cost-saving solutions.
• Assist in yearly standard cost updates ensuring accuracy in inventory valuation.

What You Will Bring

• Bachelor's degree in accounting or business administration required.
• 3 - 5 years of experience in cost accounting required.
• Strong cost accounting experience in a manufacturing environment required.
• Solid understanding of cost accounting, inventory valuation, and manufacturing processes.
• Excellent verbal and written communication skills.
• Proficient in Microsoft 365 or related software as well as accounting and ERP systems such as Oracle.
• Thorough understanding of accounting procedures.
• Thorough understanding of Generally Accepted Accounting Principles (GAAP).
• Excellent analytical, organizational skills and time management skills, with close attention to detail.
• Ability to work collaboratively with others in identifying resources and sharing the allocation of resources; anticipate potential problems as they develop and escalate appropriately.
• Ability to work independently, with minimal supervision.
• Ability to manage confidential information.

For candidates based in Minnesota, the pay range for this salaried exempt position is $70,300 - $119,500.

Our pay ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional job-related factors, including knowledge, skills, experience, tenure, and relevant education or training. The pay scale is subject to change depending on business needs. Your recruiter can share more about the specific range for your location during the hiring process.

Ichor is committed to supporting your personal well-being and professional development. Our benefits are designed to help you maintain a healthy work-lifebalance, provide peace of mind, and prepare for your future. We offer medical, dental, and vision plans across all locations, allowing team members to selectthe coverage that best meets their healthcare needs and budget. Our benefits also include a paid time-off program and paid holidays to support your timeaway from work. A summary of our Benefits will be provided during the interview process.

ITAR ONLY The business site where this position is located is an ITAR-compliant operation. Due to ITAR regulations, Ichor Systems is only able to employ US Persons. A US person is a lawful permanent resident (immigrant with "green card" permanent authorization to work document) or who is a protected person (a citizen, a national, a refugee, or a person granted asylum). Non-citizens with other visas are not eligible for hire at this location.

Ichor Systems Inc. is an Equal Employment Opportunity Employer

About Us

Ichor is an experienced leader in the critical subsystems and turnkey process equipment marketplace. Our capabilities enable the design and creation of a complete outsourced solution ranging from product concept to turnkey manufacturing to legacy service.

Ichor offers world-class process engineering, value added manufacturing, materials management and testing capabilities. Our 1500+ employees are strategically located to provide our customers with the highest level of customer service and support from our program management, sales, engineering, and executive management teams.

Our continued expansion of capabilities in South East Asia better aligns our production facilities with our customers' supply chain strategies. This further enables our expansion into new products and markets.

Ichor is headquartered in Fremont, California with manufacturing locations in Oregon, Texas, Singapore, Malaysia and the UK. Our sales and engineering office is strategically located in Silicon Valley, California.

About the Team

Precision machining is Ichor Precision Machining's heritage and core strength. IPM's skilled and dedicated employees deliver the most complex, extreme tolerance, and superior surface finish components at unsurpassed quality levels. Joining the team at IPM means working with dedicated, highly skilled employees that drive continuous improvement and ensure we deliver superior results to our customers. IPM is excited to share that we are now a part of the Ichor Systems family of companies. Ichor is headquartered in Fremont, California with manufacturing locations in Minnesota, Arizona, Nevada, Oregon, Texas, Mexico, Singapore, Malaysia and the UK. Our sales and engineering office is strategically located in Silicon Valley, California.

Ichor Precision Machining (IPM) is an ITAR-compliant operation. Due to ITAR regulations, Ichor Systems is only able to employ US Persons. A US person is a lawful permanent resident (immigrant with "green card" permanent authorization to work document) or who is a protected individual (a citizen, a national, a refugee, or a person granted asylum). Individuals with temporary visas are not eligible for hire.

Ichor Systems provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Ichor Systems will provide reasonable accommodations for qualified individuals with disabilities.

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