Cost Accountant

The HORIBA Group which consists of 47 companies in 28 countries and regions provides analytical and measurement solutions throughout the world. Our business is evolving with our innovative analysis and measurement technologies in the three megatrend fields of Energy & Environment Bio & Healthcare and Materials & Semiconductor which are essential to our lives. Our technologies are employed in various areas including the utilization of hydrogen and other new energy sources carbon dioxide capture research & development and quality control in the pharmaceutical field as well as the advancement of semiconductor manufacturing processes. We believe it is our mission to contribute to creating a sustainable society by offering optimal solutions for customers needs.

With our corporate motto of Joy and Fun we have incorporated the desire to spend our days with more Joy and Fun into our company principle in the spirit handed down since the company was founded. Around the world there are approximately 8900 HORIBARIANs (our term for HORIBA employees) who embody their own unique spirit of Joy and Fun.

HORIBA Instruments Incorporated is looking for the ideal individual to join our team as Cost Accountant at our corporate headquarters in Irvine CA.

Key Responsibilities include:

Cost Monitoring & Analysis

• Monitor collect update analyze summarize and evaluate cost-related information.
• Develop and maintain cost models for pricing and profitability analysis.
• Conduct Work-in-Progress (WIP) Analysis to monitor and evaluate costs associated with unfinished goods ensuring accurate allocation of labor materials and overhead to WIP inventory.
• Perform Purchase Price Variance (PPV) Analysis to assess and explain the differences between actual and standard purchase costs identifying reasons for variances and recommending corrective actions.

Inventory & Cost of Goods Sold (COGS) Management

• Maintain sub-ledger activities including inventory work-in-progress (WIP) and bills of materials (BOMs).
• Partner with Warehouse/Inventory Control on cycle counts and physical inventories.
• Work with Supply Chain to reduce aged and obsolete inventory.
• Analyze and maintain inventory valuation and cost fluctuations.
• Review monthly inventory details to identify excess/obsolete items and record related journal entries (e.g. maintaining E&O reserve).
• Compile analyze and communicate monthly scrap and shrinkage results by plant identifying areas for scrap reduction.

Financial Close & Reporting

• Assist with the monthly financial close process ensuring accuracy in system-generated transactions and manual entries.
• Prepare journal entries and account reconciliations for month-end close.
• Assist in preparing month-end and year-end reports including inventory reconciliations journal entries and cost of goods sold analysis.
• Manage SAP FICO close processes.

Process Improvement & Compliance

• Provide full support during company financial audits and respond to internal/external audit requests.
• Collaborate with cross-functional teams (manufacturing supply chain procurement etc.) to address issues and optimize processes.

Additional Responsibilities

• Perform various ad hoc financial reports and analyses as needed.
• Responsibly manage customer issues responding promptly and honoring commitments.
• Adapt to unexpected changes in situations or circumstances.

Key Qualifications and Competencies include:

• Bachelors degree in Accounting
• 5 years of job-related work experience.
• Expertise in SAP FICO and financial close processes.
• Proficiency in Microsoft Excel (VLOOKUP PivotTable SUMIF) and financial reporting tools.
• Ability to work under pressure and meet tight deadlines.
• Knowledge of SAP is a plus.
• Professionalism: Approaches others tactfully reacts well under pressure accepts responsibility and follows through on commitments.
• Ethics: Treats others with respect keeps commitments inspires trust and works with integrity.
• Communication: Speaks persuasively listens actively responds well to questions and participates effectively in meetings.

Compensation Package:

HORIBA Instruments Incorporated offers a competitive compensation package that includes a 401(k) plan with match; employee group dental vision life and disability (short and long-term) paid for by the company; medical insurance family dental and vision insurance and supplemental life insurance available with reasonable employee contributions; employee assistance program; paid holidays vacation and sick time; flexible spending accounts; and educational reimbursement and commuter benefit programs. Qualified candidates can expect to earn between $85k - $108K in this role depending on experience.

If you are an individual with a disability and need an accommodation during the application/hiring process please email or call for assistance. HORIBA will provide reasonable accommodations upon request to support individuals with disabilities to be able to participate in the hiring process. HORIBA is committed to making our workplace accessible for individuals with disabilities.

Proud to be an Equal Opportunity Employer EEO/Veteran Status/Disabilities