Director Cost Accounting

• Represent the Cost Accounting team in working with FP&A Team and Operations leadership in implementing new strategic initiatives and provide both technical and operational advice.
• Efficiently lead and mentor staff in sub-functional areas, developing, and retaining a team of qualified accounting and financial professionals to maximize performance while fostering an environment of collaboration, growth, learning and achievement.
• Serve as the primary liaison for Finance and Operations to ensure the bill of materials and routings are accurate in the ERP System, overseeing all aspects of the annual standard cost roll and providing analysis on cost revaluation that ensures inventory is valued properly after standard cost roll.
• Oversee monthly and quarterly cost accounting activities and related financial reporting to reconcile perpetual inventory to GL inventory balances with inventory accounts including raw materials, work-in-progress, finished goods and trunk stock. 
• Prepare monthly flux analysis on COGS and manufacturing absorption, including manufacturing variances, inventory adjustments, scrap, labor & overhead costs.
• Provide financial analysis to aid manufacturing and product development in decision-making
• Define and obtain organizational alignment for policies and procedures for all cost accounting and inventory activities and ensure adherence to them but staff and others across the company.
• Oversee company's cycle count and year-end physical inventory programs.  Analyse excess and obsolesce inventory and adjust inventory reserves quarterly.
• Oversee ERP manufacturing, costing and inventory systems; responsible for continuous improvement to maximize productivity and flexibility to support the business.
• Evaluate, recommend and implement improvements to systems/processes to improve efficiency.

• Bachelor’s degree in accounting, finance or related discipline and a minimum of 10 years of experience, including 3+ years of managerial experience overseeing a cost accounting sub-function; or a combination of education/training and experience.
• FDA regulated manufacturing environment or medical device/pharmaceutical/biotech field experience is preferred.
• Experience with ERP software (preferably QAD) and proven record working with Operations and R&D.
• Proven ability to lead a team, manage multiple projects, and meet deadlines in a fast-paced environment.
• Ability to be very flexible, adaptable, and to work under pressure.
• Self-motivated and self-directed; conscientious approach to work assignments.
• In-depth knowledge of manufacturing accounting and strong Excel skills.
• Ability to clearly and concisely communicate and collaborate with non-accounting professionals
• Demonstrated leadership with expertise in decision-making and driving change across the organizations with a sense of urgency in a growth environment, independent of reporting structure.
• Ability to learn quickly and complete ownership of area of responsibility.
• High degree of integrity and ability to successfully handle sensitive or confidential information.
• CMA or CPA a plus.
• Excellent verbal/written communication, interpersonal and presentation skills is required.

Last updated on Oct 24, 2024