Sr. Cost Accountant

Overview

Ferrotec (USA) Corporation is a technology company with a worldwide presence covering various end products, manufacturing systems, and industries, primarily serving the semiconductor sector. We provide customers with advanced materials, components, systems, and manufacturing solutions. For more information visit

• Apply and maintain cost accounting practices in a dynamic manufacturing environment.
• Plan, collect, and analyze data to determine and report all cost factors affecting production including raw material purchases, inventory management costs, production labor, outside services, and machine shop activity.
• Track and report on raw materials, work in process, finished goods, and consignment inventory.
• Ensure accuracy and integrity of inventory cost data and maintain standard material costs and rates.
• Conduct annual evaluation of tiered pricing and purchasing patterns to determine if standard costs should be updated.
• Proactively review reports of items with a $0 standard cost and communicate with Operations to determine necessary updates.
• Identify and monitor potential obsolete and excess inventory and calculate necessary reserves for management review.
• Perform periodic review of labor and overhead rates to ensure proper product pricing.
• Prepare and distribute actual-to-budget cost center reports, inventory-related reports, and other month‑end management reports, including analysis, reconciliations, and explanations of results.
• Review and distribute PPV and WO variance reports to operations for review, explanation, and sign‑off.
• Communicate and partner with Operations on variance review as needed.
• Assist in periodic inventory counts and evaluate the adequacy of the inventory count program.
• Prepare month‑end cost accounting journal entries and reconcile perpetual inventory to the general ledger.
• Perform quarterly warranty reserve analysis for management review.
• Prepare monthly reconciliations of various general ledger accounts.
• Assist in the budget and forecasting processes related to cost of goods and manufacturing expenses.
• Manage accounting projects assigned from time to time.
• Prepare quarterly and year‑end audit documentation, including review of account balances and explanations of changes, based on requests from audit partners.
• Monitor cost accounting activities of others to ensure consistency in reporting and compliance with Ferrotec and J‑Sox Controls.
• Perform other related duties as reasonably assigned.
• Location:
  
  The position can work from our Livermore or San Jose office.
• Maintain an overriding commitment to quality and enable change within the organization.

• 7 years of cost accounting experience in a standard cost manufacturing environment.
• Experience in an advanced MRP II environment.
• Proficiency with Windows‑based PC software packages including spreadsheet and word processing applications (Excel, Word, etc.).
• Strong interpersonal and analytical skills, with proven problem‑solving capabilities.
• Excellent verbal and written communication skills.
• Ability to maintain strict confidentiality.
• Ability to prioritize and manage multiple projects and work independently.
• Attention to detail.

• Bachelor’s Degree in Accounting or Finance.
• Oracle experience.

• Competitive benefits package including medical, dental, vision, life & disability, 401(k) matching.
• Flexible work hours and tuition reimbursement.
• Leadership development and employee recognition programs.
• Travel and hotel discounts, paid time off, sick & wellness, and volunteer time.
• Employee engagement events hosted throughout the year.
• Virtual wellness activities and classes available to employees and family members.

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.