DescriptionNova is seeking a highly analytical, proactive, and collaborative Cost Analyst and Treasurer to join our dynamic finance team within the semiconductor equipment manufacturing industry.
You will be joining the Materials Metrology Division- Our Materials Metrology Division is a highly collaborative, team-oriented environment where individuals contribute both independently and collectively to drive business success.
- We operate at the forefront of semiconductor innovation, analyzing materials at nanometric and atomic levels to deliver critical insights to customers.
- Our work directly enables advanced chip manufacturing, and each team member plays a meaningful role in shaping the future of technology.
Pay range: $120,000 - 135,000
Role ResponsibilitiesThe
Cost Accountant & Treasurer will be responsible for the following duties, including but not limited to:
Costing:- Responsible for inventory work papers and balances in the financial statements with SOX compliance.
- Responsible for reviewing and executing the inventory valuation and write off based on the company inventory policy (capitalizing inventory and inventory write off) and agreed methodologies.
- Prepare quarterly Costing, COGS and inventory analysis.
- Support and instruct the operations department on professional accounting aspects related to inventory maintenance/recording, in coordination with the FP&A team, including goods receiving, shipment, transfers and disposals.
- Review of debrief service calls and defected returns.
- Prepare cost reports and management presentations.
- Review inventory reserves, excess and obsolete inventory analysis, and inventory valuation.
- Support month-end and quarter-end close activities related to inventory and cost accounting.
- Conduct financial audit of the inventory balances.
- Responsible for maintaining and updating the inventory related memo's.
- Partner with Operations and Supply Chain teams for ad hoc projects.
- Maintain and update standard costs, bills of materials (BOMs), labor rates, and overhead allocations.
- Perform monthly cost variance analysis, including material, labor, and overhead variances.
- Review and approve the overhead calculations made by the FP&A department and execute them on quarterly basis.
- Support new product introductions by developing cost estimates and business case analysis.
Treasurer:- Daily management of daily bank and cash management.
- Process vendor payments through ACH, wire transfers, checks, and other electronic payment methods.
- Match customer receipts, invoices, and payment transactions to ensure completeness and accuracy.
- Ensure payments are processed accurately and in accordance with company policies and approval requirements.
- Maintain daily visibility of cash balances.
- Review and process vendor invoices and payment requests within the APRO system.
- Manage daily cash positioning and forecast short-term and long-term liquidity needs
- Develop and maintain cash flow forecasts to support operational planning
Other ad hoc tasks as required.
RequirementsEducation- Bachelor's degree in Accounting, Finance, Economics, Business, or related field.
Experience- 5-7 years of experience in cost accounting, financial analysis, manufacturing finance, or related roles.
- Experience in manufacturing, semiconductor, technology, or industrial environments preferred.
- Experience with ERP systems such as Oracle, SAP, Apro preferred.
