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Cost Accountant - Urgent

Immediate & Urgent requirement

Location: Freemont, CA


Establish and manage cost accounting function within the Company including policies and procedures

Manage day-to-day cost accounting related activities including standard cost maintenance, inventory management, and month-end close.

Lead standard cost quarterly updates, review and approval process

Review and analyze PPV, standard cost variances, material variances and scrap

Update and maintain cost models, E&O reserve, product gross margin, CM Liability, Deferred COGs and cosigned inventory WIP.

Calculate Royalty, Warranty Reserves and Overhead calculation.

Recommend cost reduction plans to Management to improve product GM

Manage and interface with the Supply chain group for the Year-end Physical Count and periodic cycle counts.


Perform monthly commission calculation

Prepare monthly standard journals

Review and analyze balance account accounts, especially accruals

Prepare monthly reporting package to parent company

Oracle system maintenance

Special projects

Kiran Menon , OrbITPeople Inc.
T: 504-475-4726 | 
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BS in Accounting or Finance

Minimum 4 year General Ledger and financial reporting experience, with minimum 2 year Cost Accounting experience is preferred; Semiconductor MFG experience highly preferred.

Oracle 11i or 12R experience a must

Advanced Excel User, with ability to Mine/Manage Data

Hands on and attention to detail

Excellent oral and written communication skills

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