Cost Analyst & Treasurer

Description

Nova is seeking a highly analytical, proactive, and collaborative Cost Analyst and Treasurer to join our dynamic finance team within the semiconductor equipment manufacturing industry. You will be joining the Materials Metrology Division

• Our Materials Metrology Division is a highly collaborative, team-oriented environment where individuals contribute both independently and collectively to drive business success.
• We operate at the forefront of semiconductor innovation, analyzing materials at nanometric and atomic levels to deliver critical insights to customers.
• Our work directly enables advanced chip manufacturing, and each team member plays a meaningful role in shaping the future of technology.

Pay range: $120,000 - 135,000

Why Nova:

• Certified Great Place to Work: Recognized in 2022-2026 based on employee feedback, and consistently ranked among the Top 30 companies in our industry for workplace excellence.
• Customer-Focused Environment: Be the face of Nova. We value strong relationships, and you’ll work closely with customers to understand their needs and deliver high-impact solutions.
• Culture of Continuous Learning: At Nova, growth never stops. You'll work with cutting-edge metrology tools, work with top engineers, and participate in ongoing industry training programs.

Role Responsibilities

The Cost Accountant & Treasurer will be responsible for the following duties, including but not limited to:

Costing:

• Responsible for inventory work papers and balances in the financial statements with SOX compliance.
• Responsible for reviewing and executing the inventory valuation and write off based on the company inventory policy (capitalizing inventory and inventory write off) and agreed methodologies.
• Prepare quarterly Costing, COGS and inventory analysis.
• Support and instruct the operations department on professional accounting aspects related to inventory maintenance/recording, in coordination with the FP&A team, including goods receiving, shipment, transfers and disposals.
• Review of debrief service calls and defected returns.
• Prepare cost reports and management presentations.
• Review inventory reserves, excess and obsolete inventory analysis, and inventory valuation.
• Support month-end and quarter-end close activities related to inventory and cost accounting.
• Conduct financial audit of the inventory balances.
• Responsible for maintaining and updating the inventory related memo’s.
• Partner with Operations and Supply Chain teams for ad hoc projects.
• Maintain and update standard costs, bills of materials (BOMs), labor rates, and overhead allocations.
• Perform monthly cost variance analysis, including material, labor, and overhead variances.
• Review and approve the overhead calculations made by the FP&A department and execute them on quarterly basis.
• Support new product introductions by developing cost estimates and business case analysis.

Treasurer:

• Daily management of daily bank and cash management.
• Process vendor payments through ACH, wire transfers, checks, and other electronic payment methods.
• Match customer receipts, invoices, and payment transactions to ensure completeness and accuracy.
• Ensure payments are processed accurately and in accordance with company policies and approval requirements.
• Maintain daily visibility of cash balances.
• Review and process vendor invoices and payment requests within the APRO system.
• Manage daily cash positioning and forecast short-term and long-term liquidity needs
• Develop and maintain cash flow forecasts to support operational planning

Other ad hoc tasks as required.

Requirements

Education

• Bachelor's degree in Accounting, Finance, Economics, Business, or related field.

Experience

• 5-7 years of experience in cost accounting, financial analysis, manufacturing finance, or related roles.
• Experience in manufacturing, semiconductor, technology, or industrial environments preferred.
• Experience with ERP systems such as Oracle, SAP, Apro preferred.

Get to know us better:

Nova (NASDAQ: NVMI) is a global company and a leading provider of innovative metrology solutions for process control in semiconductor manufacturing. With a team of ~1200 people in three R&D centers and 27 field offices, we bring insights into the world’s most advanced industry. We leverage multiple technology fields such as physics, optics, chemistry, and algorithms to develop hardware and software solutions that measure almost every advanced computer chip built in the world. Nova dives deep into dimensions and layers at the atomic level to extract unique insights and provide our customers with crucial decision-making data, managing critical challenges by providing unique, differentiated solutions. Our outstanding people-focused and innovative culture means every person at Nova has the power to make an impact and significantly redefine what people can achieve through technology. Join us if you are A dreamer and brilliant high aimer who sees the impossible as the starting point and loves working in a multidisciplinary global team to create innovative breakthroughs. If you need assistance due to a disability, you may contact us at talent@novami.com