Senior Cost Accountant Job Description
We are seeking a skilled Senior Cost Accountant to join our global finance operations team in a leading biopharmaceutical organization.
Key Responsibilities:
* Perform month-end close responsibilities, including balance sheet reconciliations and submission of close deliverables in accordance with US GAAP.
* Account for manufacturing activity, including material purchases, overhead absorption, and contract manufacturing costs.
* Ensure correct accounting for Buy/Sell entities and intercompany inventory transactions, including Profit in Inventory (PII) eliminations.
* Develop an understanding of material flow from bulk manufacturing through to fill/finish stage to ensure accuracy of inventory values.
* Monitor production plans for bulk manufacturing and CMO activity to ensure accurate inventory valuation and completeness of overhead absorption.
* Conduct data mining and analysis, interpreting and communicating information to relevant stakeholders in a meaningful and actionable way.
* Evaluate inventory balances for excess and obsolescence and determine need for inventory reserves.
* Review and analyze inventory variances on a monthly basis and work with business functions to understand drivers.
* Participate in the annual standard cost setting process.
* Assist with preparation of consolidated financial management reporting for TOPS for balance sheet and P&L inventory areas.
Candidates will have experience working in a multi-national organization and knowledge of US GAAP, Sarbanes Oxley, and internal control environment. Proficiency in integrated ERP systems, general ledger functions, sub-ledger processes, and period closing is also desirable. Oracle and/or SAP experience is a distinct advantage.
Requirements:
* ACA/ACCA/CIMA/CPA qualification.
* Experience in a multi-national organization is required.
* Costing experience highly desirable.
The ideal candidate will be a team player with excellent communication skills, strong analytical skills, and a keen eye for detail. They will be able to work effectively in a fast-paced environment and prioritize tasks to meet deadlines.