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Cost Accounting Manager

Waltham, MA 02451

Posted: 03/02/2023 Employment Type: Direct Hire/Perm Job Category: Accounting & Finance Job Number: 539176 Country: United States Is job remote?: No

Job Description

Exciting, well founded, growing Biotech company is seeking a Cost Accounting Manager. The accounting team helps the manufacturing businesses to understand all the costs and the pricing strategy.

  • Develop the costing methodology for inventory and management cost reporting
  • Create and update standard costs for all raw materials, and finished goods
  • Maintain standard costs in ERP system and ensure accuracy of BOMs
  • Review manufacturing spend and evaluate against budget
  • Prepare monthly management reporting package including KPI analysis
  • Responsible for building and maintaining a costing model to support pricing for cost plus and fixed price contracts
  • Research purchase price and production variances, investigate causes and drive corrections
  • Work closely with relevant groups to discuss and resolve issues in the areas of production, purchasing and receiving
  • Partner with FP&A team in annual budgeting process including costing for all revenue generating activities
  • Support short-term and long-term forecast process including margin analysis at the company and product level
  • Coordinate with supply chain on inventory reserves and ensure compliance with periodic cycle counts
  • Responsible for general ledger account reconciliations of all inventory and cost of goods sold accounts
  • Perform month-end close responsibilities accurately and in compliance with closing schedules
  • Provide support for the annual physical inventory counts as needed
  • Assist with interim and annual financial audits
  • Document inventory policies and procedures, standardize and streamline related processes
  • Ensure compliance with company policies and procedures as well as Sarbanes-Oxley; and review and update applicable SOX documentation as necessary
Minimum Qualifications
  • Bachelor’s degree in Accounting/Finance/Business required
  • Knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
  • Approximately 6+ years of relevant cost accounting experience
  • Exceptional financial acumen including strong analytical, financial modeling, budgeting, and forecasting skills
Great opportunity at a growing company, for a Cost accounting manager!
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