The Cost Accountant is responsible for setting up and maintenance of accurate process cost information, reconciliation of inventory accounts, participating in the month end close and budgeting process, and assisting the Controller in clinical accruals.

Responsibilities

Maintain inventory subledger and standard cost memo

Collaborates with Supply Chain and Finance to monitor inventory during the production and delivery cycle

Prepares journal entries to support month-end financial close deliverables

Plans, collects and analyzes data to drive the annual inventory standard cost and revaluation process

Update quarterly inventory reserve workpaper

Maintain contract summaries for manufacturing contracts

Ascertain invoices agree to manufacturing contracts before payment

Prepare budget for inventory and cost of goods sold

Prepare monthly reconciliations for inventory

Work with contract manufacturers to obtain inventory balances

Analyze and investigate material and price variances

Responsible for the accounting of accruals for clinical trial costs and related project accounting

Ensures SOX compliance for responsible area, including implementing improvements to improve the efficiency of current controls

Assist in ad-hoc projects

Conducts physical inventory audits, as required

Required / Education / Training / Certifications:

BS degree in accounting, with Masters/MBA preferred.

CMA certification required.

CPA License preferred.

Cost management experience required.

Comprehensive knowledge of GAAP, ability and aptitude to review all aspects of journal entry processing.

High attention to detail and deadlines.

Ability to effectively manage multiple projects and timelines and prioritize work.

Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies.  Overall good team player.

Self-motivated and energetic.

Advanced quantitative and analytical skills.

 

 Preferred Skills and Experience:

 

Strong interpersonal and communications skills.

Experience working in a manufacturing environment, Biotech/Pharma preferred.

3+ years relevant accounting/financial experience.

Experience with Great Plains / Microsoft Dynamics GP, preferred.

Advanced proficiency in Microsoft Word, PowerPoint, and Excel.

Ability and desire to work in a fast-paced environment.