Manager, Cost Accounting | Pharmacuetical Manufacturing Report to: Finance Executive Leadership Are you ready to lead a critical financial transformation at a rapidly growing organization? We are seeking a results-driven Cost Accounting leader to redefine our function for tracking product costs and spearhead a complex new financial system implementation. This is a high-impact role requiring deep technical expertise in cost accounting within a manufacturing environment. Impact and Scope of Work: Cost System Leadership Lead the design and launch of a new cost accounting structure that aligns with our production operations and the capabilities of the new financial system. Serve as the main finance expert for the costing and production parts of the new system, from planning and design through testing, launch, and stabilization. Act as the expert for all aspects of product costing, raw material inventory tracking, and manufacturing accounting within the new financial system. Product Cost Management Develop and manage a complete framework for calculating standard product costs that supports multiple business units and production methods. Review and validate the components used in cost calculations—including materials, labor, machine use, and overhead expenses—to ensure accuracy. Lead the annual process of updating all standard product costs, managing the timeline, validation, and communication. Analyze costs across the manufacturing process to provide recommendations for efficiency and cost reduction, especially related to material usage and purchasing. Cost Analysis and Reporting Lead monthly reporting on the differences between actual and standard costs (cost variances), including labor and overhead, with a focus on analyzing costs related to specific production batches. Identify the main drivers of costs, emerging financial trends, and opportunities for savings. Provide clear, useful information to support key business decisions like pricing, outsourcing, and justifying spending on new equipment. Inventory and Production Accounting Oversee the financial valuation of all inventory and ensure the integrity and reconciliation of inventory records across all locations. Work with site finance teams to ensure materials, partially finished products, and final goods are valued accurately. Maintain and validate financial reserves for potential inventory issues like being outdated or slow-moving. Ensure all inventory and product cost records comply with standard accounting policies and internal financial guidelines. System Implementation and Process Improvement Define all financial requirements and set up the configurations for costing, manufacturing, and inventory accounting within the new system. Lead the final testing phase for the costing and manufacturing parts of the system, ensuring reliable results from start to finish. Develop new internal controls, accounting policies, and process documentation for our highly regulated environment. Drive standardization and automation across the organization for all costing and operational finance processes. Act as a leader of change across the operations, supply chain, and finance teams during the major system launch. Financial Management and Controls Support the monthly financial closing process by ensuring cost entries and account reconciliations are timely and accurate. Contribute to the annual budgeting and forecasting processes for production costs. Strengthen internal controls and improve our readiness for external and internal audits across all costing and inventory processes. What We Offer: Career Trajectory: Exceptional opportunities for advancement within a high-growth company. Culture: A dynamic, team-focused, and diverse culture where your work is visible and highly valued. Compensation Benefits: Highly competitive pay and a comprehensive benefits package, including medical, prescription drug, dental, vision, and telehealth services. Retirement: A generous 401(k) plan with a strong company match. Wellness: Support for health and wellness, including regular company contributions to your Health Savings Account. Time Off: Generous Paid Time Off, Paid Holidays, Sick Time, and two Company-Wide Breaks (Summer Winter). Qualifications: Bachelor's degree in Accounting, Finance, or a related field; professional certification is a plus. Minimum 5+ years of increasing responsibility in cost accounting within a manufacturing or production setting. Proven experience designing or implementing costing structures, not just maintaining existing ones, with a focus on material and production batch costing. Direct experience with enterprise-level financial system costing modules is strongly preferred. Experience supporting major system implementations or large finance transformation projects in a highly controlled environment. Expert knowledge of standard costing and inventory accounting. Strong data analysis and spreadsheet skills. Ability to create and document accounting policies and processes, with an emphasis on internal controls and compliance.
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