Job Title: Senior Cost Accountant
Location: Middlefield, CT, US, 06455
Business Unit: Zygo
Posting Date: Oct 24, 2024
Job Description:
Come join a company where what you do makes a difference. For over 50 years, Zygo Corporation, located in Middlefield, CT has been a global leader in the design and manufacture of advanced optical metrology systems and ultra-precise optical components and assemblies. We are a worldwide supplier of optical metrology instruments, high precision optical components, and complex electro-optical system design and manufacturing services. Recognized as a valued partner by its customers for innovative technology, application expertise, product reliability, and responsiveness, ZYGO has been driven by a passion for innovation, as evidenced by approximately 750 patents awarded since its foundation.
We are dedicated to helping you grow your career by using all your talents, insights and experiences in a welcoming team environment. Bring your passion, commitment and curiosity and come grow with us as together we work to make our world a better place.
Position Summary:
Function as a business partner with the company’s operating units in the development and analysis of manufacturing standard costs and project costs across multiple product lines. As a liaison for the Finance department, position is responsible for actively working with production personnel to assist in identifying cost reduction opportunities based on operational experience on the shop floor. Position also plays a key departmental role with month-end financial close responsibilities, financial reporting, forecasting and the annual budgeting process.
Responsibilities:
- Evaluate product line profitability against standard cost performance via analysis of monthly production variances and absorption results on a full cost and variable cost basis. Review results with key operational personnel to ensure staff has a thorough understanding of causal factors. Identify opportunities and recommend improvements in recognizing and managing factory costs. Correct costing errors as required.
- Highlight major project cost activities through active participation in business unit review of key initiatives. Identify opportunities for improvement in internal controls associated with the management and execution of projects.
- Perform month-end financial closing activities including, but not limited to, cost of goods sold calculations, preparation of variance analyses, project cost tracking, reconciliation of inventory and liability accounts and preparation/posting of related journal entries and month end reports. Identify continuous improvement opportunities that will lead to reduction of the monthly financial closing cycle.
- Audit inventory cycle-count activities, timekeeping results as necessary.
- Assist manufacturing units in the development of annual budgeted departmental labor rates.
- Assist with the annual inventory cost roll-up on General Ledger system.
- Special projects as required.
Requirements:
Bachelor’s degree in accounting or finance
Minimum 5 years of related manufacturing cost accounting experience; background in project cost management and government contracts a plus.
Working knowledge of finance and accounting principles. Clear understanding of financial statements including Balance Sheets.
Strong analytical and problem-solving skills.
Proactive communication and ability to effectively collaborate cross-functionally
Planful and results driven.
Attention to detail to accurately and efficiently meet aggressive deadlines.
Experience with an ERP General Ledger environment is key. MRP exposure is a plus.
Database report writing experience is essential.
Flexible and adaptable to changes in work assignments and/or priorities.
Occasional domestic travel may be required.
Due to the nature of Zygo’s programs and products, applicants must have the legal right to work in the US and additionally must be legally authorized to access export-controlled information and source code.
Compensation
Salary Minimum: $100,000
Salary Maximum: $120,000
Incentive: No
Disclaimer: Where a specific pay range is noted, it is a good faith estimate at the time of this posting. The actual salary offered will be based on experience, skills, qualifications, market / business considerations, and geographic location.
AMETEK, Inc. is a leading global provider of industrial technology solutions serving a diverse set of attractive niche markets with annual sales over $7.0 billion.
AMETEK is committed to making a safer, sustainable, and more productive world a reality. We use differentiated technology solutions to solve our customers’ most complex challenges. We employ 21,000 colleagues, in 35 countries, that are grounded by our core values: Ethics and Integrity, Respect for the Individual, Inclusion, Teamwork, and Social Responsibility. AMETEK (NYSE:AME) is a component of the S&P 500. Visit www.ametek.com for more information.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should call 1 (866) 263-8359.
Nearest Major Market: Hartford