Sr. Cost Financial Analyst

Posted 2 Days Ago
Santa Ana, CA
76K-127K Annually
1-3 Years Experience
Appliances • Industrial
The Role
The Sr. Cost Financial Analyst at TTM Technologies supports the Finance Business Partner by analyzing performance metrics, preparing budgets, and conducting cost analysis. Responsibilities include inventory valuation, standard cost analysis, maintaining system setups, and preparing financial reports. The role requires strong analytical skills, experience in standard costing, and proficiency in Excel. A BS degree in Accounting or Finance with 2-5 years of experience in a manufacturing environment is required.
Summary Generated by Built In

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 Cost SFA 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.

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.


Compensation and Benefits:

TTM offers a variety of health and well-being benefit programs. Benefit options include medical, dental, vision, 401k, flexible spending and health savings accounts, accident benefits, life insurance, disability benefits, paid vacation & holidays. Benefits are available on the 1st of the month following date of hire. For some positions, only PTO and holiday benefits are offered.

Compensation ranges for roles at TTM Technologies varies depending on a wide array of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At TTM Technologies, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on each individual set of circumstances. A reasonable estimate of the current range is:

$76,442 - $127,404

Additional compensation: An annual or quarterly company bonus may apply based on position assignment. Positions hired for alternative shift may be eligible for a shift premium based on the assigned shift and location.

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.

Top Skills

Oracle
SQL
The Company
HQ: Santa Ana, CA
5,209 Employees
On-site Workplace
Year Founded: 1998

What We Do

TTM Technologies, Inc. is a leading global manufacturer of technology solutions including mission 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

At TTM, you can be part of a company built upon honesty, integrity, performance and clear communication. No matter what discipline you are interested in, whether it is manufacturing, engineering, sales, finance, human resources, management, or many others, the global team at TTM collaborates to achieve the best solutions and superior service for our customers. With over 25,000 employees in factories and offices located around the world, you can create a future at TTM that will provide growth and opportunity. Visit our website at https://www.ttm.com/ and learn more about our winning team.

Mission: Deliver superior value, growth and profit by providing customers with market leading, differentiated solutions and an extraordinary customer experience!

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