What are the responsibilities and job description for the Senior Cost Accountant position at Spirent Communications?
Job Responsibilities
- Analysis of inventory and cost transaction details, including preparing journal adjustments and monthly account reconciliations.
- Preparation and presentation of inventory and cost trend information in management reports and for monthly calls with the Supply Chain team.
- Quarterly analysis of slow-moving and obsolete inventory, providing summary to business partners.
- Monthly analysis of CAPEX equipment and equipment on loan for inventory reserve adjustments.
- Oversee standard costing, cost revaluations, and royalty accruals.
- Analysis of sales orders for appropriate revenue recognition following IFRS guidelines, reviewing purchase orders, statements of work, customer terms and conditions, and other contractual documents.
- Work with Sales and Sales Administration to understand complex deals.
- Ensure data governance and quality control for completeness and accuracy of data around revenue and cost of sales.
- Gross and product margin analysis.
- Review applicable processes, propose, and implement process improvements as appropriate. Continually look to improve "Best Business Practices."
- Budget to Actual COS analysis
- Solve problems relating to orders, revenue, and cost of sales.
- R&D pre-production material spend analysis.
- Warranty provision calculation.
- Material absorption analysis & true-up.
- Work in fast moving, deadline driven environment.
- Set a consistent and standard way to measure and present KPIs for the department.
- Strategic business partnering with Supply Chain, Product Development, FP&A, IT, and Accounting
Job Requirements
Pay Transparency : Annualized Salary Wage Range : $97,000 - $116,500
Spirent applies geographic differentials to its pay ranges. The pay range assigned to this role will be based on the geographic location from which the role is performed. Starting pay is commensurate with relevant experience at or in line with the minimum requirements. Spirent offers the following benefits to eligible employees : Medical, Dental, Vision, 401(k), Employee Stock Purchase Plan, Paid Time Off, Floating Holidays, Volunteer Time Off, Paid Holidays, Short-Term Disability, Long-Term Disability, Life and AD&D insurance, Tuition Reimbursement, Flexible Savings Accounts, and Commuter Benefits. Spirent benefits programs are subject to eligibility requirements.
Salary : $97,000 - $116,500