Cost Accountant

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what’s possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

Novanta is one global team with over 26 offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

Company Overview

Build a career powered by innovations that matter! At Novanta, our innovations power technology products that are transforming healthcare and advanced manufacturing—improving productivity, enhancing people’s lives and redefining what is possible. We create for our global customers engineered components and sub-systems that deliver extreme precision and performance for a range of mission-critical applications—from minimally invasive surgery to robotics to 3D metal printing.

Novanta is a global team with over twenty-six offices located in The Americas, Europe and Asia-Pacific. Looking for a great place to work? You have found it with a culture that embraces teamwork, collaboration and empowerment. Come explore Novanta.

Job Summary

As the Cost Accountant, your performance and contributions will help the department achieve the following goals and objectives: (1) Transform Processes: your support will lead us to continue to streamline our close process; (2) Improve Working Capital: provide insights to operations to reduce DIO; (3) Support Revenue Growth: your support related to integration of new acquisitions will help drive topline growth, and (4) Career Development work with your manager to develop a career roadmap creating a clear path to be a future accounting leader.

Primary Responsibilities

• Analyze work order variances and articulate findings to Cost Accounting Managers.
• Record all standard monthly cost entries, including but not limited to; manufacturing variances; cost reclasses, demo inventory management, inventory accruals, and Inventory reserves.
• Provides weekly cost of poor-quality reporting to Operations
• Support Cost Accounting Managers with annual standard cost setting process
• Monitors cycle count program. Ensures counts are being performed and alerts the Cost Accounting Managers of non-compliance
• Plays a key role in annual physical inventories.
• Supports inventory reserve analysis by providing various monthly reports to Operations for slow moving inventory reviews.

Required Experience, Education, Skills and Competencies

• A Bachelor’s Degree in Accounting or Management Information Systems
• 2-3 years of relevant cost accounting experience.
• Advanced Excel skills.
• ERP standard costing/inventory experience, strong preference for Oracle and SAP experience

Travel Requirements

• 5%

Physical Requirements

• Mobility to work in a standard office setting and to use standard office equipment, including a computer.
• Ability to use vison to read computer screen and read printed materials

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Novanta is proud to be an equal employment opportunity and affirmative action workplace. We consider all qualified applicants without regard to race, color, religion, sex (including pregnancy), sexual orientation, gender identity or expression, national origin, military and veteran status, disability, genetics, or any other category protected by federal law or Novanta policy.

Please call +1 781-266-5700 if you need a disability accommodation for any part of the employment process.