Sr. Accountant - Costing

Employer
Enphase Energy
Location
Bangalore
Posted
May 22, 2024
Closes
May 30, 2024
Ref
4703258924
Level
Staff, Senior
Work Mode
Work from office
Hours
Full Time
Organization Type
Corporate
Enphase Energy is a global energy technology company and leading provider of solar, battery, and electric vehicle charging products. Founded in 2006, Enphase transformed the solar industry with our revolutionary microinverter technology, which turns sunlight into a safe, reliable, resilient, and scalable source of energy to power our lives. Today, the Enphase Energy System helps people make, use, save, and sell their own power. Enphase is also one of the fastest growing and innovative clean energy companies in the world, with approximately 68 million products installed across more than 145 countries.

We are building teams that are designing, developing, and manufacturing next-generation energy technologies and our work environment is fast-paced, fun and full of exciting new projects.

If you are passionate about advancing a more sustainable future, this is the perfect time to join Enphase!

About the role:

Responsible for all inventory & cost accounting, including responsibilities associated with inventory cost analysis, the monthly financial close, maintaining a strong internal control environment and maintaining the accuracy of physical inventory. This position requires excellent analytical skills, ERP system skills, advanced Excel skills, experience in inventory management, and the ability to perform at a high level in a fast-paced, dynamic environment.

What you will be doing:
  • Ensure the timeliness, accuracy, and completeness of month-end close activities for inventory and all COGS transactions, including journal entries, account reconciliations, and roll forwards along with required SOX documentation.
  • Preparation and analysis for effective understanding for inventory reserves, inventory adjustments and manual accruals for pending RGs.
  • Freight cost analysis against forecast and post required journal entries during month end close.
  • Working with Finance, Operations, IT and Engineering teams during design and implement process and system updates in support of new initiatives with an impact on inventory & costing.
  • Work on year-end physical inventory and regular cycle count process with Operations team and auditors.
  • Daily/Weekly review of production BOM cost analysis against forecasted BOM.
  • Ad Hoc reporting and analytical support for Operations and Finance teams.

Who you are and what you bring:
  • Qualified CMA/CA/CPA with min 2 years of experience OR MBA from reputed university with min 6 years in Inventory accounting and Cost accounting.
  • Solid accounting and finance foundation surrounding supply chain operations, inventory accounting and procure-to-pay process.
  • Previous Oracle or SAP or any standard ERP experience is required.
  • Advanced Excel skills are required.
  • Strong communicator, analytical mind and always thinking of ways to streamline and improve processes.
  • Knowledge on Cost accounting and detailed understanding of US GAAP.
  • Strong personal integrity and highest ethical standards