Responsible for financial reporting, product cost data, inventory valuation, manufacturing performance analysis, variance analysis, labor and overhead rate calculations, and audit support at a manufacturing facility. The role supports product line performance analysis and ad hoc financial projects while maintaining accurate material, labor, subcontract, and overhead costing records.
Description
As a global leader in precision measurement sensing technologies, VPG addresses an expanding array of applications in which accuracy, reliability, and repeatability make the difference. Whether in the design and safety of new generations of cars, trucks, and planes or optimizing advanced medical equipment and consumer products, VPG’s deep engineering expertise makes the world safer, smarter, and more productive.
We are seeking a highly motivated Cost Analyst to join our Finance team on a full-time basis:
Major Responsibilities:
- Responsible for the overall accuracy and timelines of the monthly, quarterly and annual financial reporting related to our product line at our manufacturing facility in the India. This will include reconciliation and analysis of Sales, costs & Inventory.
- Prepare and maintain product cost data like material / labor / Subcontract / variable & fixed overhead.
- Report on quantities, valuation, sales and usage of inventory, Product Changeover / Engineering change note.
- Report on financial performance and manufacturing statistics
- Provide analysis of variances with written comments
- Support the Product Line Manager in analyzing the product line performance and ad hoc reports and projects.
- Maintain and calculate direct labor and overhead rates and perform quarterly analysis of standard vs actual.
- SOX audit documentation and IGAAP audit supporting to Manager.
Technical Skills/Knowledge:
Excel – Must
English – Must
QAD ERP and Hyperion TM1 are added advantage.
RequirementsAcademic/Professional Education: Ideally Degree with ICWA qualified by experience- Must
Relevant Experience:
- Proficient excel skills, communication, and overall, 5 to 8 years of experience above tasks.
- Have experience in a similar manufacturing cost accounting role
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