Assistant Controller

About MP Biomedicals:

MP Biomedicals is a global life science company with headquarters in California and regional offices across the globe. The company offers a diverse portfolio of life science products, fine chemicals, and diagnostics used in industries ranging from basic research to clinical diagnostics and pharmaceuticals. Over the past 50 years, we have provided quality tools and expert services to assist our customers in making breakthrough discoveries and achieving scientific excellence.

Company Misson Statement:

Our mission is to empower global research that unlocks life-changing solutions and inspires a meaningful life.

Company Values:

• Respect
• Meaningful Work
• Career Development
• Accountability
• Honesty

MP Biomedicals Benefits:

• Bonus Pay
• Monthly Childcare Credit
• Free breakfast on Mondays
• Free Catered Lunches Tuesday-Friday
• Paid Vacation
• Paid PTO Hours
• 10 Paid Company Holidays per Year
• 401k with Company Match
• Competitive Healthcare Benefits
• HSA
• Company Paid Life Insurance and Short-term Disability
• Learning and Development Program
• Employee Referral Program
• Employee Assistance Program
• Employee Discounts
• And so much more!

Position Summary

We are seeking an experienced Assistant Controller to support the financial operations of a growing manufacturing organization. This role will be responsible for the month-end close activities, cost accounting, inventory management, financial reporting, and internal controls while partnering closely with operations to drive efficiency and profitability.

Key Responsibilities

Financial Reporting & General Accounting

• Assist in managing the monthly, quarterly, and annual close process.
• Ensure accurate and timely preparation of financial statements in accordance with U.S. GAAP.
• Review journal entries, account reconciliations, and supporting schedules
• Support external audits, tax filings, and regulatory reporting requirements.
• Analyze financial results and explain variances from budget, forecast, and prior periods.
• Maintain accounting policies and procedures documentation.

Manufacturing Cost Accounting

• Responsible for product costing, standard costing, and inventory valuation processes.
• Analyze manufacturing variances, including:
• Labor variances
• Material usage variances
• Purchase price variances
• Production efficiency variances
• Overhead absorption variances
• Monitor standard cost updates and annual cost roll processes.
• Partner with operations to improve inventory accuracy and cost visibility.
• Support margin analysis by product line, customer, and manufacturing facility.

Inventory Management & Controls

• Ensure inventory is accurately accounted for and valued.
• Manage cycle count programs and physical inventory observations.
• Investigate inventory discrepancies and recommend corrective actions.
• Maintain controls over raw materials, work-in-process (WIP), and finished goods.
• Monitor excess, slow-moving, and obsolete inventory reserves.

Internal Controls & Compliance

• Maintain and enhance internal control procedures.
• Support SOX compliance activities (if applicable).
• Ensure adherence to company policies and accounting standards.
• Assist in risk assessments and implementation of control improvements.
• Participate in ERP and process improvement initiatives.

Budgeting, Forecasting & Analysis

• Assist with annual budgeting and periodic forecasting processes.
• Develop financial models to support strategic initiatives.
• Analyze manufacturing KPIs and operational performance.
• Support capital expenditure planning and tracking.
• Provide ad hoc financial analysis for management.

Qualifications

• Bachelor’s degree in Accounting or Finance
• CPA Encouraged
• 5+ years of accounting experience, including 3+ years in a manufacturing environment.
• Experience in Financial Planning & Analysis and Budgeting
• Advanced knowledge of Excel
• Strong communication and analytical skills.
• Ability to communicate effectively with employees of all levels

Competencies