Cost Analyst

Reposted 10 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu, IND
In-Office
Senior level
Hardware • Semiconductor • Industrial • Manufacturing
The Role
Responsible for financial reporting, product cost data, inventory valuation, manufacturing performance analysis, variance analysis, labor and overhead rate calculations, and audit support at a manufacturing facility. The role supports product line performance analysis and ad hoc financial projects while maintaining accurate material, labor, subcontract, and overhead costing records.
Summary Generated by Built In
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 Cost Analyst to join our Finance team on a full-time basis:

Major Responsibilities:

  • Responsible for the overall accuracy and timelines of the monthly, quarterly and annual financial reporting related to our product line at our manufacturing facility in the India. This will include reconciliation and analysis of Sales, costs & Inventory.
  • Prepare and maintain product cost data like material / labor / Subcontract / variable & fixed overhead.
  • Report on quantities, valuation, sales and usage of inventory, Product Changeover / Engineering change note.
  • Report on financial performance and manufacturing statistics
  • Provide analysis of variances with written comments
  • Support the Product Line Manager in analyzing the product line performance and ad hoc reports and projects.
  • Maintain and calculate direct labor and overhead rates and perform quarterly analysis of standard vs actual.
  • SOX audit documentation and IGAAP audit supporting to Manager.

 Technical Skills/Knowledge:

Excel – Must

English – Must

QAD ERP and Hyperion TM1 are added advantage.

Requirements

Academic/Professional Education: Ideally Degree with ICWA qualified by experience- Must

Relevant Experience:

  • Proficient excel skills, communication, and overall, 10 + years of experience above tasks.
  • Have experience in a similar manufacturing cost accounting role
Benefits

Best In Industry

Skills Required

  • Degree or equivalent academic/professional education
  • ICWA qualification by experience
  • 5 to 8 years of experience performing similar cost accounting and financial analysis tasks
  • Experience in a similar manufacturing cost accounting role
  • Proficient Excel skills
  • Strong communication skills and English proficiency
  • QAD ERP experience
  • Hyperion TM1 experience
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The Company
2,700 Employees
Year Founded: 2010

What We Do

Vishay Precision Group (VPG) is a global provider of precision measurement sensing technologies. It designs and manufactures sensors, weighing solutions, and measurement systems built for accuracy, reliability, and repeatability. Its engineering expertise supports applications including vehicle and aircraft design and safety, advanced medical equipment, and consumer products, helping customers make products and operations safer, smarter, and more productive across multiple industries.

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