Senior Cost Accountant
Waltham, MA - USA
Job Summary
A dynamic fast growing highly profitable Bioprocessing public company is seeking a highly motivated resourceful detail-oriented professional to join our growing Finance team. The candidate will be responsible for all aspects of cost accounting inventory oversight and analysis for the Companys US plants. This is a hands-on position working directly with members of the finance and operations teams and will report directly to the Sr. Accounting Manager. The candidate must have the ability to multi-task cross train and improve processes in a rapidly changing environment.
Responsibilities:
- Manage the monthly close processes related to inventory and COGS including the preparation of journal entries accruals account reconciliations excess and obsolete inventory analysis in transit inventory accrual inventory fluctuations analysis etc.
- Partner with operations leaders to analyze and report on manufacturing variances spending and other manufacturing metrics to drive operational efficiencies and cost savings.
- Responsible for the annual standard cost roll. Working with the Purchasing and Planning groups validate standard costs (including overhead rates) and analyze inventory revaluation impact. Work with Financial Planning to align updated costs to the budget/forecast.
- Partner with Financial Planning and operations teams to coordinate budgeting and forecasting including materials labor and overhead expense forecasting etc.
- Assist operations with quarterly physical inventory count process and assist in transition to cycle count program.
- Assist with monthly gross margin analysis by product line including variance commentary and identification of process and cost saving opportunities.
- Perform or support inventory transactions (e.g. standard cost changes inventory adjustments scrap transactions etc.)
- Assist with integrating future acquisitions inventory and financial processes to comply with the Companys standard policies.
- Work with international locations to monitor global inventory balances.
- Monitor inventory-related SOX controls and perform self-testing as required.
- Perform special accounting analysis reporting and projects as requested.
Qualifications:
- BA/BS with a major in Accounting.
- 5 years experience in cost and inventory accounting in a manufacturing company.
- Understanding of US GAAP and SOX internal controls related to inventory reporting.
- Strong interpersonal verbal and written communication skills.
- Strong Excel skills and attention to detail (pivot tables large data set manipulation etc.)
- SAP experience a plus.
Our mission is to inspire advances in bioprocessing as a trusted partner in the production of biologic drugs that improve human health worldwide. Focused on cost and process efficiencies we deliver innovative technologies and solutions that help set new standards in bioprocessing. The estimated base salary range for this role based in the United States of America is $86000-$131100. Compensation decisions are dependent on several factors including but not limited to an individuals qualifications location internal equity and alignment with market data. Additionally employees are eligible to participate in one of our variable cash programs (bonus or commission) and eligible roles may receive equity as part of the compensation package. We offer a wide range of benefits such as paid time off health/dental/vision retirement benefits and flexible spending accounts. All compensation and benefits information will be confirmed in writing at the time of offer.
Required Experience:
Senior IC
About Company
Our mission is to inspire advances in bioprocessing as a trusted partner in the production of biologic drugs that improve human health worldwide.