Cost Accountant
Job Summary
Job Description
The Cost Accountant will be responsible for month-end journal entries to close inventory and cost, inventory reconciliation and reporting, including inventory turns. They will perform worldwide inventory standard cost roll-up and update in Oracle, handle amortization of capitalized variance, prepare inventory reserve calculations, and participate in Oracle cost and inventory projects. The role involves managing auditors’ queries, performing inventory and distributor audits, managing zero cost updates and cost roll-up, reviewing and approving Discrepant Material Requisitions (DMR), and managing customer sample accruals. The position may also involve future development to perform revenue and accounts receivable duties.
Must have:
- Degree with Chartered Accountant (CA) or Cost Accountant (CMA)
- 5 to 7 years of Costing experience in a manufacturing environment
- Cost accounting skills, knowledge, and experience
- Advanced Excel skills
- Accounting period-end close experience
Good to have:
- Oracle experience
- Relevant high-tech or semiconductor working experience
- Other accounting experience (G/L, revenue, A/R)
3 skills required
Job Details
Cost Accountant
Description
- Month end journal entries to close inventory and cost
- Inventory reconciliation and inventory reporting including inventory turns, etc.
- Perform worldwide inventory standard cost roll-up and update in Oracle
- Amortization of capitalized variance including calculating and journal entries
- Preparation of inventory reserve calculations
- Participate and manage Oracle cost and inventory projects
- Manage auditors’ queries on specific items related to duties specified
- Perform inventory and distributor audits (travel required)
- Any other future duties as assigned by Manager or Director
- Manage zero cost update and cost roll up (BOM)
- Discrepant Material Requisition (DMR) review and approval
- Manage customer sample accrual
- Potential future development to perform revenue and A/R duties
Requirements:
- Degree with Chartered Accountant (CA) or Cost Accountant (CMA)
- 5 to 7 years’ Costing experience in a manufacturing environment
- Cost accounting skills, knowledge, and experience
- Advanced Excel skills required, Oracle a plus
- Accounting period-end close experience
- Any other relevant high-tech or semiconductor working experience a plus
- Other accounting experience (G/L, revenue, A/R) a plus
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About The Company
Power Integrations competes for the best talent. Our compensation packages consist of salary and equity, and they are commensurate with accomplishment. We offer a full suite of benefits. It is the policy of Power Integrations to provide equal employment opportunity for all employment applicants and employees without regard to prohibited considerations of race, color, religion, gender, gender identity, gender expression, sexual orientation, age, physical disability, mental disability, marital status, or any other classification protected by applicable local, state or federal laws.
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