Cost Analyst

Binoptics Corporation Lowell , MA 01850

Posted 2 months ago

Company Overview:

Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has multiple design centers, Si, GaAs and InP fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia. In addition, MACOM offers foundry services that represents a key core competency within our business. The foundry provides access to, and control of our broad range of proprietary technologies in an asset light, cost effective structure.

MACOM sells and distributes products globally via a sales channel comprised of a direct field sales force, authorized sales representatives and leading industry distributors. Our sales team is trained across all of our products to give our customers insights into our entire portfolio.

Our global organization of skilled engineers is driven every day to solve the world's most demanding wireless and wireline application challenges. We're proud of our more than sixty years' of hands-on experience designing and building analog semiconductor technology across the RF to Light spectrum.

MACOM is an Equal Opportunity Employer.

We consider applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital status or veteran status or any other legally protected status.

Cost Analyst

Job Purpose:

  • To strengthen and complement the global finance team.

  • Key business partner for Operations, Supply Chain, Manufacturing and Finance teams.

  • Will provide guidance and direction for improving operational and financial performance.

  • Preparation of monthly and quarterly analysis of financial results to management.

  • Global role supporting worldwide activities

Job Description:

  • Partner with business units, manufacturing, and supply chain management to lead reviews of manufacturing variances and standard costing updates. Present findings and recommendation and additional ad hoc reporting.

  • Gather financial data required to complete budget and forecast activities. Deliver accurate budget projections for all financial flows and transactions involved in the production process. Challenge the status quo, streamline processes and deliver reliable financial forecasts

  • Monitor and report on key inventory balances and reserves on a monthly and quarterly basis, identify and report on exceptions for processes such as inventory levels by product group or business unit, excess & obsolescence reserves, lower of cost of market, POV, PPV, absorption, etc.

  • Support the preparation of standard costs for products moving through the internal and external supply organizations in compliance with Company policies.

  • Monitor and report distributor channel inventory levels.

  • Responsible for critical internal controls regarding cycle counts, physical inventory procedures, precious metals, etc. and working with external auditors as needed.

  • Perform month-end closing activities including preparation and submission of journal entries and account reconciliations, monitoring and validation of accruals, analysis and validation of manufacturing variances to standard costs and calculation and booking of capitalization of variances to standard costs.

  • Assist with the preparation of month-end reporting and providing monthly commentary to explain variances between actual results and / or budget / forecasts.

Key Competencies Required:

  • Strong business acumen essential.

  • Ability to interact competently with all departments and management levels.

  • Working on own initiative required, with ability to prioritize workload.

  • Ability to identify process improvements across the finance function.

  • Advanced Excel and analytical skills.

Qualifications:

  • BS in Accounting or Finance. CMA, CPA or MBA preferred

  • Minimum of 5 years finance experience, with strong manufacturing, inventory, cost and operations focus.

  • Substantial working knowledge of US GAAP, internal controls and financial modeling.

  • Exposure to an organization with multiple operating entities including international operations.

  • SAP FI/CO experience preferred.

  • Limited US and International travel may be required.

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VIEW JOBS 2/20/2020 12:00:00 AM 2020-05-20T00:00 Company Overview: Headquartered in Lowell, Massachusetts, MACOM is certified to the ISO9001 international quality standard and ISO14001 environmental management standard. MACOM has multiple design centers, Si, GaAs and InP fabrication, manufacturing, assembly and test, and operational facilities throughout North America, Europe, Asia and Australia. In addition, MACOM offers foundry services that represents a key core competency within our business. The foundry provides access to, and control of our broad range of proprietary technologies in an asset light, cost effective structure. MACOM sells and distributes products globally via a sales channel comprised of a direct field sales force, authorized sales representatives and leading industry distributors. Our sales team is trained across all of our products to give our customers insights into our entire portfolio. Our global organization of skilled engineers is driven every day to solve the world's most demanding wireless and wireline application challenges. We're proud of our more than sixty years' of hands-on experience designing and building analog semiconductor technology across the RF to Light spectrum. MACOM is an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital status or veteran status or any other legally protected status. Cost Analyst Job Purpose: * To strengthen and complement the global finance team. * Key business partner for Operations, Supply Chain, Manufacturing and Finance teams. * Will provide guidance and direction for improving operational and financial performance. * Preparation of monthly and quarterly analysis of financial results to management. * Global role supporting worldwide activities Job Description: * Partner with business units, manufacturing, and supply chain management to lead reviews of manufacturing variances and standard costing updates. Present findings and recommendation and additional ad hoc reporting. * Gather financial data required to complete budget and forecast activities. Deliver accurate budget projections for all financial flows and transactions involved in the production process. Challenge the status quo, streamline processes and deliver reliable financial forecasts * Monitor and report on key inventory balances and reserves on a monthly and quarterly basis, identify and report on exceptions for processes such as inventory levels by product group or business unit, excess & obsolescence reserves, lower of cost of market, POV, PPV, absorption, etc. * Support the preparation of standard costs for products moving through the internal and external supply organizations in compliance with Company policies. * Monitor and report distributor channel inventory levels. * Responsible for critical internal controls regarding cycle counts, physical inventory procedures, precious metals, etc. and working with external auditors as needed. * Perform month-end closing activities including preparation and submission of journal entries and account reconciliations, monitoring and validation of accruals, analysis and validation of manufacturing variances to standard costs and calculation and booking of capitalization of variances to standard costs. * Assist with the preparation of month-end reporting and providing monthly commentary to explain variances between actual results and / or budget / forecasts. Key Competencies Required: * Strong business acumen essential. * Ability to interact competently with all departments and management levels. * Working on own initiative required, with ability to prioritize workload. * Ability to identify process improvements across the finance function. * Advanced Excel and analytical skills. Qualifications: * BS in Accounting or Finance. CMA, CPA or MBA preferred * Minimum of 5 years finance experience, with strong manufacturing, inventory, cost and operations focus. * Substantial working knowledge of US GAAP, internal controls and financial modeling. * Exposure to an organization with multiple operating entities including international operations. * SAP FI/CO experience preferred. * Limited US and International travel may be required. Macom Lowell MA

Cost Analyst

Binoptics Corporation