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Corporate Cost Accountant

Connecting and Protecting People, Microwave Products Group (MPG) is a leading global provider of mission-critical engineered electronic components and subsystems comprised of five business units in six manufacturing locations. Our brand names are recognized globally including: BSC Filters, York, UK; Dow-Key Microwave, Ventura, CA; Pole/Zero, West Chester, OH; Espy, Austin, TX; and K&L Microwave, Salisbury, Maryland and Dominican Republic.Our expertise is the design and manufacture of communications-based specialty products – engineered components and subsystems – for demanding military, space, commercial aerospace/industrial, and telecom infrastructure applications where function and reliability are crucial.Are you a Corporate Cost Accountant with a passion for supporting our nation’s military communications? If so, we want to speak with you about this opportunity!Summary:As a Corporate Cost Accountant at Microwave Products Group in West Chester, OH, you will support the military community by being responsible for managing and analyzing cost structures to ensure accurate financial reporting and strategic cost management across the MPG Group. This role will play a critical part in maintaining standard costs and providing detailed cost analysis to support decision-making processes and improve financial performance. The Cost Accountant will work across multiple companies to improve and align costing structures for the group.Why work for us?We prioritize innovation and creativity, career advancement opportunities, a collaborative culture, work-life balance, and competitive compensation and benefits. The backbone behind our collection of outstanding businesses is a team of dedicated employees who protect and enhance our valued reputation for quality and delivering what we promise. It’s our values that defines us to all of our key audiences: our shareholders, customers, prospective employees and especially ourselves.Primary Responsibilities:• Responsible for managing and maintaining the cost accounting systems across multiple companies, incorporating an understanding of manufacturing operations and Generally Accepted Accounting Principles (GAAP)• Work across diverse companies and product lines to align costing systems and policies• Work with international intercompany partners to ensure that costing systems/inventory valuations are aligned with IFRS requirements for local reporting• Ensure compliance with international transfer pricing policies and tolling agreements• Performs annual cost roll and inventory revaluation, works with closely with other departments to enhance accuracy of cost components• Provide detailed cost analysis and reports for management, including product costing, pricing strategies, and profitability analysis• Analyze cost variances and provide insights into cost behavior and trends• Develop and track key performance indicators (KPIs) related to cost efficiency and profitability• Recommend and implement process improvements to increase efficiency and accuracy• Identify cost-saving opportunities and recommend strategies for cost reduction• Conduct regular cost audits and reviews to ensure compliance and accuracy• Collaborate with other departments to gather cost estimates and financial projectionsKnowledge, skills and abilities strongly preferred include:• Strong cost accounting skills, including a thorough understanding of US GAAP costing methodologies• Strong financial analysis skills• Excellent verbal and written communication skills required• Advanced proficiency of Microsoft Office Suite required (especially Excel)• Strong mathematical skills required• Strong attention to detail and a high level of confidentiality required• Knowledge of an integrated ERP system is a plusRequirements Include:• Must be a US person (US Citizen or Permanent Resident/Green Card Holder)• Bachelor’s degree in accounting or finance required• Minimum of 5-10 years of previous cost accounting experience, preferably in a corporate setting• Knowledge of Generally Accepted Accounting Principles (GAAP) and Sarbanes Oxley (SOX) regulations• Experience with foreign currency required• Experience with intercompany transactions preferred• Experience with IFRS preferred• Experience with international tolling agreements highly desired• Experience within a manufacturing environment highly desired• Experience with Government Contracts preferred• CPA or CMA certification highly desiredBenefits of joining our team!• Annual incentive plan (bonus)• Paid vacation and sick time• Up to 10 paid holidays/year• 4 hours voluntary time off to volunteer for your favorite charity• Health, dental, and vision insurance, subject to applicable premium deductions• Short-term and long-term disability insurance – 100% company paid• Other ancillary insurance options available• 401(k) retirement account with matching MPG contributions & profit sharing (if applicable)• Profit Sharing Plan - potential up to 3% of base salary• Educational Reimbursement up to $5,250 per year• Gym membership reimbursement up to $120 per year#LI-HT1Work Arrangement : HybridSalary Range : -We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position’s responsibilities, a candidate’s work experience, a candidate’s education/training, the position’s location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact accommodations@mpgdover.com for assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.Job Function :
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What You Should Know About Corporate Cost Accountant, Dover Corporation

Are you ready to dive into an exciting opportunity as a Corporate Cost Accountant at Microwave Products Group in West Chester, OH? At MPG, we pride ourselves on connecting and protecting people through our mission-critical engineered electronic components and subsystems. In this role, you'll play a crucial part in managing and analyzing cost structures while supporting military communications. Your expertise will be essential in maintaining standard costs and providing detailed cost analyses that directly influence our decision-making processes. You'll collaborate across diverse companies to enhance the accuracy of our accounting systems and ensure compliance with both US GAAP and international reporting standards. What truly sets MPG apart is our commitment to innovation, career development, and a positive workplace culture. With competitive compensation and benefits, including a robust incentive plan, generous vacation, and educational reimbursement, you’ll find not just a job but a fulfilling career path. We believe in giving back to the community too—there's even paid time off to volunteer for your favorite charity! If you’re passionate about financial analysis and looking to make a meaningful impact in the defense sector, we’re eager to connect with you. Join us and contribute to the integrity and performance of our financial operations!

Frequently Asked Questions (FAQs) for Corporate Cost Accountant Role at Dover Corporation
What are the main responsibilities of a Corporate Cost Accountant at Microwave Products Group?

As a Corporate Cost Accountant at Microwave Products Group, your primary responsibilities include managing cost accounting systems, analyzing cost structures, and ensuring accurate financial reporting. You'll play a vital role in maintaining standard costs, collaborating across multiple business units, and providing detailed cost analysis that drives our strategic decision-making. Understanding manufacturing operations and compliance with both GAAP and IFRS standards are essential in this role.

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What qualifications do I need to become a Corporate Cost Accountant with MPG?

To be considered for the Corporate Cost Accountant position at Microwave Products Group, you should possess a Bachelor’s degree in accounting or finance. Additionally, a minimum of 5-10 years of cost accounting experience in a corporate setting is required. Proficiency in US GAAP, along with strong financial analysis skills, advanced Excel capabilities, and experience with international transactions, will set you apart as a candidate.

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How does Microwave Products Group support professional development for Corporate Cost Accountants?

Microwave Products Group is dedicated to professional development for Corporate Cost Accountants. We offer educational reimbursement of up to $5,250 per year, allowing you to pursue additional certifications or courses that enhance your skills. Moreover, our collaborative culture fosters mentorship and career advancement opportunities, ensuring you grow both personally and professionally within our organization.

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What software and tools does a Corporate Cost Accountant at MPG typically use?

As a Corporate Cost Accountant at Microwave Products Group, proficiency in Microsoft Office Suite, particularly Excel, is essential for data analysis and reporting. Familiarity with integrated ERP systems will also be advantageous, as you will manage and maintain cost accounting systems across several companies. Understanding these tools will help streamline processes and enhance the accuracy of financial data.

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What is the work-life balance like for a Corporate Cost Accountant at MPG?

At Microwave Products Group, we emphasize the importance of work-life balance for our employees, including Corporate Cost Accountants. We offer a hybrid work arrangement, competitive vacation policies, and flexible hours, enabling you to maintain your personal commitments while being dedicated to your work. Our supportive culture encourages well-being, allowing you to thrive both at work and outside of it.

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Common Interview Questions for Corporate Cost Accountant
Can you explain how you manage cost accounting systems within a corporate environment?

In your response, discuss your familiarity with managing cost accounting systems, highlighting any specific software or methodologies you've used. Provide examples of how you aligned costing across diverse departments or product lines, reinforcing your ability to maintain accuracy and compliance with industry standards.

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What strategies do you use for analyzing cost variances?

In answering this question, describe your approach to identifying and analyzing cost variances. Highlight your analytical mindset and tools you utilize to track cost behavior and trends while providing examples of how your recommendations led to successful cost-saving initiatives.

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How do you ensure compliance with GAAP and IFRS standards in your accounting practices?

Discuss your understanding of GAAP and IFRS standards and emphasize your commitment to upholding compliance in all financial reporting. Share experiences where you performed audits or implemented changes to align with these standards, showcasing your attention to detail and ethical responsibility.

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Describe a situation where you identified a significant cost-saving opportunity.

Use the STAR method (Situation, Task, Action, Result) to outline a specific scenario where you discovered a cost-saving opportunity. Focus on the actions you took to implement changes and contribute to the overall financial health of the organization, demonstrating your proactive nature.

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What roles do you see collaboration playing in the Corporate Cost Accountant position?

Collaboration is key in this role, so explain how you work with other departments to gather cost estimates and financial projections. Discuss any specific projects or successful collaborations that highlight your ability to communicate effectively and add value to your team.

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How do you handle discrepancies in inventory valuations?

Discuss your systematic approach to addressing discrepancies in inventory valuations. Highlight problem-solving techniques you would employ, such as conducting thorough audits or liaising with relevant departments, to rectify issues promptly and maintain financial integrity.

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Can you provide an example of how you analyzed a pricing strategy?

Highlight a specific instance where you conducted pricing analysis. Talk about the criteria you used, how you evaluated competitive pricing, and the outcomes of your analysis. This will illustrate your analytical skills and your ability to drive profitability through effective pricing strategies.

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What key performance indicators (KPIs) do you think are essential for cost efficiency?

Discuss KPIs that you believe are crucial for measuring cost efficiency, such as cost per unit produced, variance analysis, and return on investment. Explain how you utilize these metrics to recommend improvements and monitor performance over time.

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What steps do you take to foster a culture of continuous improvement in cost management?

Outline active strategies you employ to promote continuous improvement in cost management, such as conducting regular reviews, encouraging feedback, and staying updated on best practices. Emphasizing your commitment to innovation can make you stand out as a candidate committed to excellence.

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How do you prioritize tasks when managing multiple accounting projects?

Describe your time management strategies, such as utilizing software tools, setting deadlines, and creating task lists. Provide an example of a time when you successfully juggled multiple projects, explaining how you maintained productivity and met deadlines.

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Since our founding in 1955, our business philosophy has remained remarkably consistent—build the company by acquiring strong businesses with solid fundamentals and market leading positions. An intense focus on the customer, combined with the lever...

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December 5, 2024

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