Cost Manager at TTM Technologies in Stafford Springs, Connecticut

Posted in Management 29 days ago.

Job Description:


The Cost Analyst supports the Finance Business Partner at the site level.

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.

  • Inventory valuation:

    • Prepare inventory reconciliation

    • 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

    • If a new department is costed, determine cost drivers and rates

    • 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 )

  • Support VPL (with Controller either contributing or just reviewing)

  • 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.

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 of Foreign 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.