A Day in Your Life at MKS:
As a Senior Cost Accountant at MKS you will work cross-functionally across Finance, Operations, Engineering, and other groups to enhance costing activities at our Romania site, while also providing support to other locations.. In this role, you will report to the Senior Cost Accounting Manager.
What you'll do
Lead and participate in month-end close activities and variance analysis, including monthly Purchase Price Variance analysis and related capitalization and amortization entries for multiple factories.
Prepare and publish weekly and monthly operations reports covering inventory, labor hours earned, and various manufacturing costs (e.g., scrap, manufacturing variances, warranty).
Perform new part costing and item setups as required. Conduct periodic standard cost resetting for purchased parts, labor, overhead costs, and BOM revisions in accordance with corporate policies and procedures.
Execute inventory analyses and reserve policies, including excess and obsolescence, MRB, and aged-inventory analyses, as well as used equipment, demo, and service inventories.
Interface with group management on new product cost development and inventory controls.
Ensure accuracy of standard cost of sales, variances, scrap, and other recurring journal entries detailing cost of sales and inventory.
Fully support the internal controls process, including audit support, control monitoring, and execution of POs, cycle counts, periodic physical inventories, month-end reconciliation of accounts, revenue classifications, and other controls as required. Collaborate closely with material control to develop and monitor inventory control procedures.
Liaise with external auditors for audits on inventory, reserves, and valuation issues.
Report on asset utilization, cycle count accuracy, and completeness.
Participate in annual budgeting and forecasting processes across multiple facilities as requested by Operations and/or BU Finance staff.
Support the business planning and forecasting process, review forecast vs. actual results with department managers, and explain variances.
Perform other duties as required.
Travel Requirements: No Travel is required.
Skills You Bring:
Master’s Degree
Minimum of 5 years of manufacturing finance or cost accounting experience
Fluency in English
Strong working knowledge of SAP
Experience with Business Objects and Hyperion Financial Management (HFM) preferred
Advanced proficiency in MS Office
Excellent communication skills
Detail-oriented
Proven ability to thrive in a team environment with tight deadlines
Highly analytical, execution-focused, and committed to delivering results
#LI-IM1
Globally, our policy is to recruit individuals from wide and diverse backgrounds. However, certain positions require access to controlled goods and technologies subject to various export control regulations. Applicants for these positions may be limited (by, for example, their countries of citizenship, country of origin, or immigration status) where required by law or governmental contact, and/or employment made contingent upon the issuance of appropriate governmental licensing.
MKS Inc. and its affiliates and subsidiaries (“MKS”) is an affirmative action and equal opportunity employer: diverse candidates are encouraged to apply. We win as a team and are committed to recruiting and hiring qualified applicants regardless of race, color, national origin, sex (including pregnancy and pregnancy-related conditions), religion, age, ancestry, physical or mental disability or handicap, marital status, membership in the uniformed services, veteran status, sexual orientation, gender identity or expression, genetic information, or any other category protected by applicable law. Hiring decisions are based on merit, qualifications and business needs. We conduct background checks and drug screens, in accordance with applicable law and company policies. MKS is generally only hiring candidates who reside in states where we are registered to do business.
MKS is committed to working with and providing reasonable accommodations to qualified individuals with disabilities. If you need a reasonable accommodation during the application or interview process due to a disability, please contact us at: accommodationsatMKS@mksinst.com .
If applying for a specific job, please include the requisition number (ex: RXXXX), the title and location of the role