General Accountant
1 week ago
Littelfuse is one of America’s Best Mid-Sized Companies (Forbes) and has been named one of the Best Places to Work in Illinois (Best Companies Group) for 11 consecutive years. With its global headquarters in Chicago, Illinois, USA, Littelfuse is a leading, global manufacturer of electronic components serving more than 100,000 end customers across industrial, transportation, and electronics end markets. We have more than 17,000 employees with operations in 15 countries. From semiconductors to sensorsswitches to fuses and morewe produce billions of electronic components that help our customers empower a sustainable, connected, and safer world. In 2021, Littelfuse had net sales of $2.1 billion.
About the Job
- Prepare and deliver timely and accurate internal management reports to support strategic decision-making. Conduct in-depth inventory analysis, including short-term inventory levels, DPO (Days Payable Outstanding), and DIOH (Days Inventory on Hand), and propose improvement initiatives. Perform comprehensive sales performance analysis (internal and external), identify trends, evaluate financial impacts, and support business strategies. Evaluate business efficiency through key performance indicators such as:
- _ DL Absorption (Direct Labor Absorption)_
- _ MOH Absorption (Manufacturing Overhead Absorption)_
- _ PPV (Purchase Price Variance)_
- _ Labor cost structure and productivity analysis_
- Analyze historical financial and operational data to improve monthly forecasting accuracy and enhance overall financial planning.
- Collaborate closely with cross-functional teams (e.g., Supply Chain, Production, Sales, HR) to develop performance metrics, cost allocation models, and measurement dashboards.
- Build and maintain performance measurement reports (KPIs) to evaluate departmental and organizational efficiency.
- Drive cost management initiatives and identify opportunities for cost savings through variance analysis, process optimization, and waste reduction.
- Support the setup, review, and monitoring of standard costing systems; experience in standard costing is highly desirable.
- Participate in the preparation of budget plans and assist departments in achieving cost targets without compromising performance.
- Monitor financial compliance and assist in audits and internal controls as needed.
About You
- A positive, proactive work attitude is a top priority.
- Strong alignment with Littelfuse’s core values, culture, and long-term vision.
- Bachelor’s degree in Finance, Accounting, Business, or a related field.
- Excellent analytical and problem-solving skills with strong ownership and the ability to work independently.
- Experience in inventory analysis, cost management, and performance reporting.
- Proficient in Microsoft Excel and familiar with data analytics tools such as Power BI or SQL.
- Knowledge or hands-on experience with standard costing systems is an advantage.
- Strong communication skills and a collaborative, cross-functional mindset.
- Ability to work effectively under pressure and meet tight deadlines.
- Experience in VAT refund or tax compliance support is a plus.
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