Philips Cost Accountant 

United States, Colorado 

977981478

Cost Accountant

Your role:

• Accountable for reliability, timeliness and accuracy of the standard deliverables defined in the scope.
• Ensures quality, accuracy and integrity of information stored in our systems, enabling a single source of truth. The role is critical to assure we can support transformation projects as well as company's financial results across 5 locations.
• Support inventory reporting, cycle counts, analysis, and variance to address root cause and process improvement. Analyze Inventory and Work Orders activity to ensure accuracy and explain major variances.
• Conduct Excess and Obsolescence Analysis as well as other inventory reserves review to determine any potential adjustment.
• Support the annual overhead rates and cost allocations to be used in the standard cost calculation.
• Track and evaluate standard cost analysis through absorption reviews and reporting.
• Works on problems of moderate scope where analysis of situations or data requires a review of a variety of factors using Root Cause Analysis.
• Exercises judgment within defined procedures/practices to determine appropriate action, while building productive internal/external working relationships.
• Prepare and book journal entries as needed and ensure month end deadlines are consistently met.
• Prepare reports on weekly metrics to track activity on absorption, labor hours, scrap, PPV as well as month end reports.
• Assist with Ad-Hoc analysis and special projects as required and assist SOX and external auditors with information gathering during quarterly and annual audits.

the right fit if:

• 3 years of progressive working experience and roles in e.g. Finance, FP&A, financial control, management reporting and analysis, preferably within an international environment.
• Excel proficient to develop forward looking analysis.
• SAP knowledge preferred.
• Bachelor’s degree in a Finance and/or Accounting orientated study.
• Excellent communication skills and team spirit, with a trust but verify attitude.
• Possesses forward-looking ad-hoc analysis to drive improvement.
• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position.

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

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If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion .

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US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

be provided for this position. For this position, you must reside in