Manufacturing Accountant - Cost Specialist

Job Description

Job Description

Thank you for your interest in positions at IPG Photonics. All applicants must apply on our company website to be considered. Please visit 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.