What are the responsibilities and job description for the Senior Cost Analyst position at Vicor?
Job Summary
Vicor is a place where employees see the impact of their work every day. We’re an American manufacturer of advanced 48V centric DC-DC converters with industry-leading power and current density, enabling breakthrough power delivery performance. As an engineering-focused company, we provide an opportunity to be part of the team that further innovates, markets, sells and supports the power modules that drive key advancements in AI, electric vehicles, and aerospace.
In this role the Senior Cost Analyst 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
Vicor is an EO employer – M/F/Veteran/Disability
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.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. Vicor is an Equal Opportunity employer – M/F/Veteran/Disability.
Vicor is a place where employees see the impact of their work every day. We’re an American manufacturer of advanced 48V centric DC-DC converters with industry-leading power and current density, enabling breakthrough power delivery performance. As an engineering-focused company, we provide an opportunity to be part of the team that further innovates, markets, sells and supports the power modules that drive key advancements in AI, electric vehicles, and aerospace.
In this role the Senior Cost Analyst 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.
- 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
Vicor is an EO employer – M/F/Veteran/Disability
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.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. Vicor is an Equal Opportunity employer – M/F/Veteran/Disability.
Salary : $102,000 - $125,000