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Vishay Precision Group

Senior Cost Analyst

AS- Chennai12+ yrsPosted today

Job description

As a global leader in precision measurement sensing technologies, VPG addresses an expanding array of applications in which accuracy, reliability, and repeatability make the difference. Whether in the design and safety of new generations of cars, trucks, and planes or optimizing advanced medical equipment and consumer products, VPG’s deep engineering expertise makes the world safer, smarter, and more productive.

We are seeking a highly motivated Senior Cost Analyst to join our Finance team on a full-time basis:

Major Responsibilities:

Ensure the standard price update in QAD with proper calculation for Purchase or Manufacturer item number as per budget parameters.

Sales Reconciliation including Revenue Recognition along with respective COG’s reconciliation including major variance

Inventory movement and reconciliation along with physical count March & December including cycle count process.

Review the controls required for SOX compliance.

To prepare accurate costing for the new relocation & R&D models

Inventory obsolescence, Locom, Inventory revaluation impact and Transfer Price adjustment quarterly.

To review the Standard Cost and Actual Costs for any inaccuracies in ERP system

To validate the cost of goods sold

Preparing accurate budget workings based on Bill of Materials for individual product and to analyze for the Top variances, ensuring Transfer Price for each product is very accurate

Ensuring Tm1 vs QAD are perfectly matching including analysis major variance of Income statement.

Capital expenditure tracking.

Academic/Professional Education: Commerce Graduate with qualified ICWA / CA

Relevant Experience: 12 + years’ experience in Costing, Budgeting, Accounting

Technical Skills/Knowledge: Knowledge in MFGpro & MS office

Best in the industry

Apply on Vishay Precision Group