Kester is a leading global supplier of assembly materials to the electronic assembly, component and microelectronic marketplaces. Our products include an array of basic and high-tech attachment materials including traditional soldering chemicals, bar and wire solder and paste products. We serve a worldwide customer base with facilities in North America, Germany and China. We are an Illinois Tool Works (ITW) Company. ITW is a leading diversified manufacturing company with more than 100 years of history and over 800 decentralized business units in nearly 60 countries.
Kester is in search for a Financial Analyst who will need to apply knowledge of GAAP standards and manufacturing accounting to our global manufacturing operation. The main objective is to ensure accurate financial reporting, inventory costing, and margins as well as identify areas of opportunity in partnership with General Management, Operations, Purchasing & Strategic Sourcing.
Manage periodic Sales Reporting throughout the month for management review.
Ensure inventory standards (and thus margins) are accurate.
Manage Weekly, Monthly, Annual Revaluations of Inventory.
Inventory reconciliation of perpetual to GL.
Itasca Materials Analysis & Report Out in conjunction with month-end close.
Global margins analysis highlighting the 80 shift in customer & product mix among & within Product Line.
Manage inventory recycling & reclaim accounting.
Calculate Quarterly Inventory Grading (Reserve) & Quarterly Direct Costing (Capitalization of Variable & Overhead Costs).
Shadow & Support Manager of Physical Inventory Count & Reconciliation for annual October count according to ITW policy.
Manage global consolidation process in Excel combining results for 4 international locations & Itasca location (Month End & Outlook).
Partner with Operations, Quality & Supply Chain to:
Reduce / reuse / recycle before Excess & Obsolete as well as Expired inventory creates a financial impact.
Improve utilization of variable costs.
Periodic Freight Analysis, costs by product line; confirm rates we charge to customers recovers cost where appropriate.
Oversee Physical Inventory Count & Reconciliation for annual October count according to ITW policy.
Continuous Review of BOMs with Engineers.
Anticipate impacts of commodity materials & related revaluations on P&L as well as future pricing decisions.
Additional duties as assigned.
Accounting Degree required
CPA certification; in process or planned will also be considered
Minimum of 4 to 8 years of experience in manufacturing environment and 2 years of experience withinventory costing
Demonstrated analytical ability & success with cross functional projects
Ability to develop & implement process improvements
Comfort with strong Excel tools: Sumif, Pivot Tables, Vlookup.
Self-Starting, Independent & Team Player
Strong Communication Skills
Attention to Detail
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Kester, an Illinois Tool Works Company, is a leading global supplier of assembly materials to the electronic assembly, component and microelectronic marketplaces. Our products include an array of basic and high-tech attachment materials including traditional soldering chemicals, paste, wire and bar products. We serve a worldwide customer base with facilities in North America, Europe and Asia. Kest...er offers the following solutions:
Liquid Solder Flux
Tacky Solder Flux (TSF)
SE-CURE™ Advanced Materials for Semiconductor Packaging
A full spectrum of global customer technical support
Throughout the world, Kester’s products are known for their high quality and advanced technology. Kester’s ISO-14001 and ISO-9001 certifications ensure Kester’s partners of this dedication to quality and environmental responsibility. Our goal is to provide product solutions for the electronics assembly, semiconductor and automotive industries across the world.
We Are ITW
Since our founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables and related service businesses. ITW businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. The company has operations in 57 countries that employ more than 50,000 women and men who adhere to the highest ethical standards. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 17,500 granted and pending patents.
The company was founded in 1899 as the Chicago Solder Company to produce flux-cored solder.This patented Kester manufacturing process has had a major impact in the electronics industry to this day. ITW acquired Kester in 2006, and is now part of ITW’s Test & Measurement and Electronics business segment. Kester recognized the importance of being a global supplier in the electronics industry by establishing manufacturing facilities in Singapore (1969) and in Germany (1972) to better service the Asian and European markets, respectively.