Cost Accountant

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Ichor Systems has an immediate need for 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!

$70,300.00/yr - $/yr

• 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

• Analyze manufacturing variances including work order variance, scrap, purchase price variance, etc., and prepare regular reports highlighting these costs and identify inaccuracies.
• Gather and compile cost information and maintain 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.
• Analyze 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.
• Review, analyze, and report actual profit margins.
• Determine and recommend cost‑saving solutions.
• Assist in yearly standard cost updates ensuring accuracy in inventory valuation.

• 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 evolve 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.

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.

Mid‑Senior level

Full‑time

Accounting/Auditing

Semiconductor Manufacturing and Manufacturing

Ichor Systems Inc. is an Equal Employment Opportunity Employer.

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