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Manufacturing Accountant – Cost Specialist

IPG Photonics

Huntsville, Alabama

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JOB DETAILS
SKILLS
Accounting, Accounting Policies, Accounting Software, Analysis Skills, Best Practices, Bill of Materials (BOM), Business Support, Cost Accounting, Cost Analysis, Cost Control, Detail Oriented, Employee Retention, Finance, Financial Analysis, Financial Reporting, Generally Accepted Accounting Principles (GAAP), Leadership, Maintain Compliance, Manufacturing, Manufacturing Cost, Microsoft Office, Microsoft Product Family, Multitasking, Organizational Skills, Performance Metrics, Photonics, Physical Inventory, Power Amplifier, Pricing, Problem Solving Skills, Process Management, Product Costing, Production Control, Production Costing, Profit & Loss Analysis, Reconciliation, Revenue Forecasting, Sarbanes-Oxley Act (SOX), Staff Training, Standard Operating Procedures (SOP), Transaction Processing/Management
LOCATION
Huntsville, Alabama
POSTED
1 day ago
Thank you for your interest in positions at IPG Photonics. All applicants must apply on our company website to be considered. Please visit www.ipgphotonics.com and click on the “Company” tab. We look forward to seeing your application soon!
 
IPG Photonics is revolutionizing the laser industry as the pioneering developer and leading producer of fiber lasers and amplifiers. Headquartered in Marlborough, MA, IPG has over 4,800 employees in more than 30 locations around the world. We aspire to work together with our employees and customers to apply light in ways that improve life.  
 
Our mission is to develop innovative laser solutions to make the world a better place. To accomplish this mission, we are committed to attracting and retaining the best talent and an engaged and thriving workforce that drives a sustainable future for our company and society.
 
Working at IPG Photonics you can expect challenging projects, a motivating and friendly environment, and competitive benefits.
 

Position Overview

The Manufacturing Accountant – Cost Specialist will play a pivotal role in supporting both business groups and corporate functions. As a key member of the accounting team, you will deliver vital accounting and financial insights that inform critical business unit decisions. The role requires the capacity to identify and resolve high-level issues while also managing detailed transactional processes.

Primary Objectives

  • Analyze financial results to provide actionable insights
  • Support business unit leadership on annual operating plan, forecasts and revenue
  • Perform costing and pricing analysis on touch labor and projects 
  • Interface with business unit to align SOP’s and best practices
  • Produce standard and ad hoc reports as required by management
  • Analyze work-in-process inventory for effective tracking and management
  • Make and implement recommendations to enhance accounting processes and procedures
  • Ensure compliance with SOX and other internal control policies
  • Perform physical inventory counts to verify stock and reconcile discrepancies
  • Train manufacturing personnel in the use of inventory systems for improved efficiency
  • Analyze and monitor production cost variances to support cost control initiatives
  • PPV Analysis
  • Conduct product costing and bill of materials (BOM) analysis
  • Perform margin analysis to evaluate profitability
  • Support performance metrics and KPIs

Requirements

  • Experience with Microsoft Business Central is preferred
  • Bachelor’s degree (BS or BA) in Finance or Accounting
  • Five to seven years of experience in a similar cost accounting role within a manufacturing environment
  • Detail-oriented with a strong commitment to accuracy
  • Sound knowledge of Generally Accepted Accounting Principles (GAAP)
  • Proficiency in MS Office and standard accounting software
  • Flexibility and a willingness to learn new technologies
  • Ability to work effectively both independently and as part of a team
  • Strong analytical and problem-solving skills
  • Organized and capable of managing multiple tasks efficiently
 
 

About the Company

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IPG Photonics