Oversee standard costing, budgeting, sales and COGS reconciliation, inventory accounting, variance analysis, transfer pricing, SOX controls, ERP cost accuracy, revenue recognition, obsolescence, physical counts, and capital expenditure tracking. The role requires preparing product cost models and budgets based on bills of materials while ensuring consistency between MFGpro and QAD.
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 Senior Cost Analyst to join our Finance team on a full-time basis:
Major Responsibilities:
- Ensure the standard price update in QAD with proper calculation for Purchase or Manufacturer item number as per budget parameters.
- Sales Reconciliation including Revenue Recognition along with respective COG’s reconciliation including major variance
- Inventory movement and reconciliation along with physical count March & December including cycle count process.
- Review the controls required for SOX compliance.
- To prepare accurate costing for the new relocation & R&D models
- Inventory obsolescence, Locom, Inventory revaluation impact and Transfer Price adjustment quarterly.
- To review the Standard Cost and Actual Costs for any inaccuracies in ERP system
- To validate the cost of goods sold
- Preparing accurate budget workings based on Bill of Materials for individual product and to analyze for the Top variances, ensuring Transfer Price for each product is very accurate
- Ensuring Tm1 vs QAD are perfectly matching including analysis major variance of Income statement.
- Capital expenditure tracking.
RequirementsAcademic/Professional Education: Commerce Graduate with qualified ICWA / CA
Relevant Experience: 12 + years’ experience in Costing, Budgeting, Accounting
Technical Skills/Knowledge: Knowledge in MFGpro & MS office
BenefitsBest in the industry
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