Senior Cost Analyst

2 Months ago • 5 Years + • Finance • $100,000 PA - $161,000 PA

Job Summary

Job Description

NVIDIA seeks a Senior Cost Analyst to support manufacturing operations and supply chain. Responsibilities include reviewing BOMs and production routing data for cost accuracy, managing obsolete inventory, preparing journal entries for production costs and COGS, performing account reconciliations and COGS analysis, forecasting manufacturing spending, partnering with Operations and Engineering, identifying process improvements, working with IT on cost accounting systems, and ensuring compliance with accounting policies. The role requires strong analytical skills, proficiency in Excel and financial applications (SAP, Power BI, Tableau), and experience in a global hardware technology company.
Must have:
  • Review BOMs and production routing data
  • Manage obsolete inventory
  • Prepare journal entries for production costs and COGS
  • Perform account reconciliations and COGS analysis
  • Partner with Operations and Engineering
  • Proficiency in Excel and financial applications
  • 5+ years experience in Accounting and Finance in a global hardware technology company
Good to have:
  • CPA/CMA or advanced degree
  • Cost accounting experience
  • Semiconductor industry knowledge
  • Experience with SAP, Power BI, Tableau
Perks:
  • Highly competitive salaries
  • Comprehensive benefits package

Job Details

NVIDIA is the world leader in Accelerated Computing. We are passionate about four markets: Gaming, Automotive, Enterprise Graphics and HPC/Cloud Datacenters; in addition to our traditional OEM business. We are well positioned as the ‘AI Computing Company’, and our GPUs are the brains powering Deep Learning software frameworks, accelerated analytics, big data, modern data centers, and driving autonomous vehicles.

We are looking for a Senior Cost Accountant to support NVIDIA's manufacturing operations and supply chain functions. As part of NVIDIA's Finance organization, the overarching responsibilities will be to build and deepen teamwork between Operations and Finance teams to strategically analyze product costs and inventory to provide insights and actionable information for business decisions. This is a role for an energetic and self-driven individual who thrives in a multifaceted and fast-paced environment and who has excellent critical thinking skills.

What you’ll be doing:

  • Review bill of materials (BOM) and production routing data to ensure cost accuracy for inventory valuation.
  • Oversee the evaluation and management of obsolete and excess inventory and support the inventory reserve and reserve release process.
  • Prepare journal entries related to production costs, inventory valuations, and cost of goods sold (COGS).
  • Perform accurate, timely and efficient account reconciliations and detailed COGS analysis each month-end / quarter-end close, including detailed fluctuation analysis. Forecast and analyze OSAT manufacturing spending; obsolete or excess inventory.
  • Partner across Operations, Engineering and/or Business Units to analyze financial performance from the perspective of product costs, inventory, and supply management.
  • Continuously identity and drive process improvements and automation for better efficiency in reporting and analyzing financial information.
  • Work with IT teams to ensure cost accounting systems are accurate and up to date and reporting is robust to allow for ad hoc analysis.
  • Ensure compliance with accounting policies, internal controls, and external audit requirements regarding inventory and cost of goods sold.
  • Complete ad hoc inventory valuations analyses.

What we need to see:

  • BS/BA in Accounting or Finance (or equivalent experience), CPA/CMA or advanced degree in related fields a plus.
  • 5+ years experience in Accounting and Finance within a global hardware technology company, with focus in manufacturing operations and/or business units.
  • Knowledge of manufacturing, supply chain, and operational flows.
  • Advanced proficiency with Excel. Experience with SAP, Power BI, Tableau, or other finance applications or visualization tools.
  • Detailed oriented with the highest regard for accuracy and completeness.
  • Ability to multi-task, work independently and in teams to identify and tackle problems enthusiastically and clearly identify key issues of importance for team resolution.
  • Strong analytical skills in big data and processes.

Ways to stand out from the crowd:

  • Cost accounting experience.
  • Strong product cost and manufacturing knowledge with semiconductor industry.
  • Excellent communication and interpersonal skills, with proven track record of establishing relationships with cross functional business partners.
  • Self-motivated and passionate in driving continuous improvement of systems and processes.
  • Enjoy working in fast-paced environment with supreme skills of prioritization.

Widely considered to be one of the technology world’s most desirable employers, NVIDIA offers highly competitive salaries and a comprehensive benefits package. We have some of the most forward-thinking and hardworking people in the world working for us and if you're creative and autonomous, we want to hear from you! As you plan your future, see what we can offer to you and your family www.nvidiabenefits.com/.

The base salary range is 100,000 USD - 161,000 USD. Your base salary will be determined based on your location, experience, and the pay of employees in similar positions.

You will also be eligible for equity and benefits. NVIDIA accepts applications on an ongoing basis.

NVIDIA is committed to fostering a diverse work environment and proud to be an equal opportunity employer. As we highly value diversity in our current and future employees, we do not discriminate (including in our hiring and promotion practices) on the basis of race, religion, color, national origin, gender, gender expression, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by law.

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About The Company

Since its founding in 1993, NVIDIA (NASDAQ: NVDA) has been a pioneer in accelerated computing. The company’s invention of the GPU in 1999 sparked the growth of the PC gaming market, redefined computer graphics, ignited the era of modern AI and is fueling the creation of the metaverse. NVIDIA is now a full-stack computing company with data-center-scale offerings that are reshaping industry.

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