Job Description

Sr. Cost Accountant (or Supervisor)

Job Responsibilities

• Analyze monthly financial results of the company and determine/explain material variances of actuals vs budget, vs prior month or vs prior year\'s result. Propose adjustments as needed.
• Develop accurate & timely financial trend analysis showing the company\'s KPIs (Key Performance Indicators) to facilitate management decisions.
• Responsible for monitoring inventory control activities including but not limited to reconciling physical vs perpetual records, cycle counts, material transfers, determining excess, obsolete & scrap materials, validating the various inventory balances (raw materials, work in process (WIP) and finished goods) as well as the cost of goods sold.
• Participate in month-end process and responsible for posting all adjustments related to inventory and preparing reconciliation workpapers for each inventory balance sheet accounts.
• Responsible in maintaining standard cost (materials & labor) updates as needed.
• Assist in creating a model to capture actual manufacturing cost (materials, labor & overhead) in order to determine product pricing.
• Develop automated reporting and forecasting tools for efficient use of data.
• Take an active role during budget process in preparing data to be used as basis by department heads to create their budget for the following year.
• Serve as liaison with other department ensuring the timely completion of budget & communicating any questions or feedback from higher management.
• Provide auditors (internal/external) schedules & explanations as needed for any inquiries related primarily on inventory or manufacturing cost.
• Work closely with finance accounting team providing feedback on proper treatment/posting of overhead expenses.
• Coordinate with manufacturing & materials management team to ensure proper procedures are established to account for inventory movements & assist them to be audit ready.
• Performs other related duties or projects as business needs require at the direction of management.

Requirements

Supplementary Responsibilities:

• Assist on the Board and shareholder meetings materials preparation.
• Execute ad-hoc reports or projects as requested by Accounting Manager or Controller.

Education and experience:

\xc2\xb7 BS Degree in Accounting, Finance or Economics.

\xc2\xb7 Minimum 3-5 years cost accounting/financial analysis experience required.

\xc2\xb7 Pharmaceutical Manufacturing experience a must.

Knowledge, skills, and abilities:

• Strong understanding of accounting theories and/or US GAAP.
• Detail oriented, highly organized and self-starter who sets and achieve aggressive goals.
• Ability to meet deadlines with a sense of urgency.
• Adapts to new situations & work in a fast-paced environment.
• Demonstrates analytical thinking and problem-solving ability.
• Excellent written & verbal communication skills.
• Experience with the pharmaceutical industry or other life science businesses preferred.
• Proficiency with Microsoft Office applications and computer skills.
• Experienced in ERP and financial system.

Robert Half