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Sr. Cost Accountant/Analyst

TTM Technologies
life insurance, flexible benefit account, 401(k)
United States, Connecticut, Stafford
Nov 06, 2024

TTM Technologies, Inc. - Publicly Traded US Company, NASDAQ (TTMI) - Top-5 Global Printed Circuit Board Manufacturer

About TTM

TTM Technologies, Inc. is a leading global manufacturer of technology solutions including engineered systems, radio frequency ("RF") components and RF microwave/microelectronic assemblies, and quick-turn and technologically advanced printed circuit boards ("PCBs"). TTM stands for time-to-market, representing how TTM's time-critical, one-stop manufacturing services enable customers to shorten the time required to develop new products and bring them to market.

Additional information can be found at www.ttm.com

Scope:

The Sr. Cost Accountant/Analyst supports the Finance Business Partner at multiple sites

Duties and Responsibilities:

  • Analyze performance metrics inclusive of those above and others to understand plant performance and make recommendations to Finance Business Partner and General Manager.
  • Work with operational department managers to understand cost performance, analyze period variances from standards or forecast.
  • Support Finance Business Partner in preparation of Budget/Forecast/Period End Variance Analysis cycle.
  • Support conversion of ERP systems to Oracle
  • Inventory valuation:
    • Prepare inventory reconciliation
    • Calculate Prod Cost % quarterly
    • Calculate reserves for Excess & Obsolete inventory
    • Analyze WIP aging and work with operations to address old work orders
  • Standard Cost Analysis:
    • Analyze over/under absorption
    • Review job close variances
    • Review PPV variances
    • Update Standard cost rates
    • Perform profitability analysis (by PN and/or by Customer)
  • Maintain/Update system set ups:
    • If a new department is added, determine if it is costed or not with Oracle SME
    • If a new department is costed, determine cost drivers and rates with Oracle SME
    • Set up new resources, Overhead and rates in Oracle
    • If WIP costing is done outside of Oracle, ensure that Oracle and other systems are in sync (e.g. have same rates and calculate same product cost )
  • Prepare Virtual P&L by Market and report variances
  • Month end close tasks:
    • Open/close inventories
    • Prepare inventory related journal entries
    • Coordinate/execute Quarter sample audits of Raw, WIP & FG inventory

Essential Knowledge and Skills:

  • Strong research and analytical skills
  • Standard costing experience
  • Advanced skills in Excel
  • Highly motivated, a creative problem solver and a strategic thinker.
  • Able to work independently.
  • Able to communicate effectively with all levels of management.
  • Knowledge of SQL and/or Access a plus

Education and Experience:

* BS degree in Accounting or Finance with 2-5 Years of experience in a manufacturing environment.

#LI-EC1

Compensation and Benefits:

TTM offers a variety of health and well-being benefit programs. Benefit options include medical, dental, vision, 401K, Flexible Spending Account, Health Savings Account, accident benefits, life insurance, disability benefits, paid vacation & holidays. Benefits are available 1st of the month following date of hire.

Compensation for roles at TTM Technologies varies depending on a wide array of factors including but not limited to the specific office location, role, skill set and level of experience. As required by local law, TTM provides a reasonable range of compensation for roles that my be hired in New York, California and Colorado. For California-based roles, compensation ranges are based upon specific physical locations.

Export Statement:
Must comply with TTM Export Control Policies and Procedures and all applicable laws including ITAR, EAR and OFAC including but not limited to: a) being able to identify ITAR product on the manufacturing floor and understand that access to these products and related technical data is restricted to only US Citizens and US Permanent Residents; b) recognition ofForeign Person visitors by badge differentiation; c) understand and follow authorization procedures for bringing foreign visitors into facilities (VAL); d) understand the Export and ITAR requirements for shipments leaving the US; e) manage vendor approvals for ITAR manufacturing and services.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.

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