What are the responsibilities and job description for the Cost Accountant position at Palomar Technologies?
Palomar Technologies is a leader in enabling the connected world by providing a Total Process Solution™ for advanced photonic and microelectronic device packaging used in cutting-edge smart technologies. The company’s comprehensive solutions include die attach bonders, wire and wedge bonders, vacuum reflow systems, and support services offered through its Innovation Centers to enhance production efficiency, quality, and ROI. With over 40 years of expertise, Palomar serves global industries such as 5G, electric vehicles, IoT, autonomous vehicles, and mission-critical communication technologies. Headquartered in Carlsbad, California, Palomar has a global presence with offices in the USA, Germany, Singapore, and China.
This is a full-time, on-site position for a Cost Accountant, located in San Diego, CA. The Cost Accountant will be responsible for performing in-depth financial analyses to monitor cost structures, maintaining cost accounting systems, preparing cost reports, and ensuring the accuracy of inventory valuations and cost allocations. The role also involves working closely with cross-functional teams to provide insights that drive cost management, setting product standards, and supporting budgeting and forecasting processes.
- Strong accounting knowledge, including Cost Accounting, Financial Reporting, and Variance Analysis.
- Experience with maintaining and improving Inventory Management and ERP systems.
- Proficiency in Budgeting, Forecasting, and Financial Analysis.
- Excellent skills in Microsoft Excel and other financial tools.
- Bachelor’s degree in Accounting, Finance, or a related field.
- Highly analytical mindset with attention to detail and strong problem-solving abilities.
- Experience in manufacturing or technology industries is a plus.
- Professional certifications such as CPA or CMA are advantageous but not required.