Vicor Corporation

Sr. Cost Accountant

Vicor Corporation$102K — $125K *
Manufacturing & Automotive
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or Economics
  • 10+ years' experience in process manufacturing and ERP systems
  • Strong analytical and interpersonal communication skills
  • Ability to work independently with limited daily supervision
  • Proficiency in Excel, Word, PowerPoint and SAP or other ERP systems

Responsibilities

  • Define and implement cost collection and application system for Plating Operations costs
  • Set and manage Standard Costs across Picor Operations
  • Valuate and control Picor Inventory through physical inventories and cycle counting
  • Execute monthly financial close processes including inventory reconciliations and variance analysis
  • Conduct Warranty Analysis and manage reserve settings
  • Ensure compliance with SOX controls and respond to audit requests
  • Perform internal reporting and analysis on Revenue, Costs, and Margins
  • Develop modeling tools for business management and profitability improvement

Benefits

  • Collaborative work environment across multiple functions
  • Opportunity to support ERP system implementation
  • Chance to enhance workflow and efficiency in a fast-paced setting
  • 10% regional travel to the Lincoln, RI facility
  • Significant autonomy in managing projects and analyses
Full Job Description
Job Summary

In this role the Senior Cost Accountant will play an integral role and be responsible for properly setting standard costs, valuing of inventory, internal reporting and analysis, cost collection and application systems and controls, financial close and audit / SOX internal control processes, with the ability to analyze, interpret, and communicate information effectively to all levels of the organization. This is a great opportunity for a highly energetic and effective communicator to come in and work cross functionally throughout the organization!

Job Description

  • Responsible for the cost collection and application system for Plating Operations costs, including initial process definition and implementation.
  • Set Standard Costs of Picor Operations; outside processing, materials, labor, overhead and yield etc.
  • Responsible for Picor Inventory valuation and controls including periodic Physical Inventories and/or cycle count programs, both on site and at outside vendors.
  • Perform monthly financial close process including WIP valuations, Inventory reconciliations, E&O processes, reserves, variance analysis, production levels, etc.
  • Perform Warranty Analysis and ensure reserves are properly set.
  • Ensure all SOX control processes are in place and working (cycle counting, WIP audits, transaction integrity reserves, etc.) Remediate any issues discovered. Respond to all audit requests as required.
  • Responsible for Internal reporting and analysis of Revenue, Costs, Variances and Gross Margins.
  • Establish baseline analysis and modeling tools to facilitate business management and profit improvements.
  • Analyze Manufacturing Variances for reasonableness with an eye to reducing variances.
  • Use SAP Query tools for reporting and ad-hoc analyses as required.
  • Respond to management decision making needs with Ad Hoc analysis and modeling.
  • Assist in forecasting process of costs and capital expansions. Update Actual to Forecast monthly.
  • Provide Key support to the new ERP system implementation.
  • Continuously look for ways to improve workflow, efficiency and streamline processes and controls
  • Assist in other projects and analysis requirements as requested by business management.


Education / Qualifications

  • Bachelor's degree in Accounting, Finance, or Economics
  • Ability to work independently with limited daily supervision.
  • 10+ years' experience, possessing thorough knowledge of process manufacturing and ERP standard cost and transactional systems.
  • Up to 10% Regional Travel required to support our Lincoln, RI facility.
  • Strong analytical and interpersonal communication skills.
  • Self-starter with high energy and commitment. Keen attention to detail.
  • Ability to interact with different levels of personnel, including senior management.
  • Proficiency in Excel, Word, PowerPoint and SAP or other ERP systems


Compensation Data

$102,000 - $125,000

Please note: This range is based on our current market driven pay structures. Individual salaries are determined based upon a variety of factors including but not limited to, a candidates overall qualifications, such as skills, education, and experience as well as company internal equity.

About Vicor Corporation

Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting electrical power worldwide. The company offers a range of brick-format DC-DC converters and configurable products; complementary components; and input and output voltage, and output power products, as well as electrical and mechanical accessories. Its products are used in aerospace and defense electronics, enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, and vehicles and transportation markets applications. The company markets its products through a direct sales force, independent sales representatives, and distributors in the United States, Europe, the Asia Pacific, and internationally. Vicor Corporation was founded in 1981 and is headquartered in Andover, Massachusetts.
Learn more about Vicor Corporation
Size
1,027 employees
Market Cap
$2.2 billion
Industry
Net Income
$17.9 million
5 Year Trend
+12.4%
Revenue
$296.5 million
NASDAQ

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