Principal Cost Accountant

A Day in Your Life at MKS:

As a Principal Cost Accountant, you will support multiple manufacturing sites & distribution centers across the PSD European operations. This role involves collecting data, allocating costs, and preparing reports on labor, equipment, depreciation, assembly, and other operating expenses. You will also prepare journal entries, maintain and reconcile ledger accounts, and prepare financial statements and variance reports. Additionally, you may conduct analyses and prepare special reports for management.

Key Responsibilities:

• Lead and participate in month-end close activities and variance analysis, including monthly Purchase Price Variance analysis and related capitalization and amortization entries for multiple factories.
• Prepare weekly and monthly reports on inventory, labor efficiency, and manufacturing costs.
• Manage part costing, item setup, and standard cost updates for materials, labor, overhead, and BOMs.
• Perform inventory analysis and reserve reviews, including excess, obsolete, MRB, aged, demo, and service inventory.
• Interface with group management on new product cost development and inventory controls.
• Ensure accuracy of standard cost of sales, variances, scrap, and other recurring journal entries detailing cost of sales and inventory.
• Fully support the internal controls process, including audit support, control monitoring, and execution of POs, cycle counts, periodic physical inventories, month-end reconciliation of accounts, revenue classifications, and other controls as required.
• Coordinate inventory audits and support external auditors on valuation and reserve matters.
• Report on asset utilization and inventory count accuracy.
• Support budgeting and forecasting activities across multiple facilities.
• Support the business planning and forecasting process, review forecast vs. actual results with department managers, and explain variances.
• Perform other duties as required.

Qualifications:

• Master’s Degree
• Minimum of 7 - 10 years of manufacturing finance or cost accounting experience
• Fluency in English
• Strong working knowledge of SAP and MS Office
• Experience with Business Objects and Hyperion Financial Management (HFM) preferred
• Self-starting, self-directed, detailed, team-oriented professional with ability to independently determine the direction of work required and priority of projects
• Strong analytical, organizational, and problem-solving skills.
• Experienced financial analysis and communication skills and the ability to successfully interact with management, international teams, and all reporting stakeholders
• Ability to work cooperatively with others within and across functions and demonstrate a positive attitude

About us:

Our collective curiosity drives us to be an innovation leader in many industries. Our products drive technology advancements across a wide range of applications such as 5G, augmented/virtual reality, autonomous vehicles, clean drinking water and space exploration. We are a team of collaborators who value fresh thinking and believe in mutual respect, constructive candor, diversity and inclusion. As a valued and trusted partner to our customers, we are continually pushing the boundaries of possibility. We believe in creating technology that transforms our world and are looking for like-minded individuals to join our team. If this is appealing to you, we want to meet you.

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Globally, our policy is to recruit individuals from wide and diverse backgrounds. However, certain positions require access to controlled goods and technologies subject to various export control regulations.  Applicants for these positions may be limited (by, for example, their countries of citizenship, country of origin, or immigration status) where required by law or governmental contact, and/or employment made contingent upon the issuance of appropriate governmental licensing.

MKS Inc. and its affiliates and subsidiaries (“MKS”) is an affirmative action and equal opportunity employer: diverse candidates are encouraged to apply. We win as a team and are committed to recruiting and hiring qualified applicants regardless of race, color, national origin, sex (including pregnancy and pregnancy-related conditions), religion, age, ancestry, physical or mental disability or handicap, marital status, membership in the uniformed services, veteran status, sexual orientation, gender identity or expression, genetic information, or any other category protected by applicable law. Hiring decisions are based on merit, qualifications and business needs. We conduct background checks and drug screens, in accordance with applicable law and company policies. MKS is generally only hiring candidates who reside in states where we are registered to do business.

MKS is committed to working with and providing reasonable accommodations to qualified individuals with disabilities. If you need a reasonable accommodation during the application or interview process due to a disability, please contact us at: [email protected].

If applying for a specific job, please include the requisition number (ex: RXXXX), the title and location of the role