A Day in Your Life at MKS
As a Principal Cost Accountant, you will support multiple manufacturing sites & distribution centers across the PSD European operations. This role involves collecting data, allocating costs, and preparing reports on labor, equipment, depreciation, assembly, and other operating expenses. You will also prepare journal entries, maintain and reconcile ledger accounts, and prepare financial statements and variance reports. Additionally, you may conduct analyses and prepare special reports for management.
Key Responsibilities
•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 weekly and monthly reports on inventory, labor efficiency, and manufacturing costs.
•Manage part costing, item setup, and standard cost updates for materials, labor, overhead, and BOMs.
•Perform inventory analysis and reserve reviews, including excess, obsolete, MRB, aged, demo, and service inventory.
•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.
•Coordinate inventory audits and support external auditors on valuation and reserve matters.
•Report on asset utilization and inventory count accuracy.
•Support budgeting and forecasting activities across multiple facilities.
•Support the business planning and forecasting process, review forecast vs. actual results with department managers, and explain variances.
•Perform other duties as required.
Qualifications
•Master's Degree
•Minimum of 7 - 10 years of manufacturing finance or cost accounting experience
•Fluency in English
•Strong working knowledge of SAP and MS Office
•Experience with Business Objects and Hyperion Financial Management (HFM) preferred
•Self-starting, self-directed, detailed, team-oriented professional with ability to independently determine the direction of work required and priority of projects
•Strong analytical, organizational, and problem-solving skills
•Experienced financial analysis and communication skills and the ability to successfully interact with management, international teams, and all reporting stakeholders
•Ability to work cooperatively with others within and across functions and demonstrate a positive attitude
About us
Our collective curiosity drives us to be an innovation leader in many industries. Our products drive technology advancements across a wide range of applications such as 5G, augmented/virtual reality, autonomous vehicles, clean drinking water and space exploration.
