Manager, Cost Accounting

SUMMARY

The Manager of Cost Accounting will own the accounting for the Company's inventory and cost accounting, to ensure accurate, efficient reporting of the Company's Cost of Goods Sold and related accounts. The role will work closely with the Accounting and Reporting team, operational accounting and FP&A team, as well as with Procurement, Supply Chain and Manufacturing. You will also be responsible for ensuring and supporting the most efficient implementation of a systematic cost accounting module within NetSuite. This is a full-time hybrid position (3 days a week) in our Somerville - Assembly Row, Massachusetts office.

RESPONSIBILITIES

• Accounting for and supporting the operational aspects for the Inventory cycle including COGs, Bill of Materials (BOM's), inventory management & reconciliations, variance
• Responsibility for all aspects of the implementation of the inventory and COGS modules of NetSuite
• Managing and improving cost accounting models
• Managing the monthly, quarterly, and annual financial close process for costing and inventory module, to ensure accuracy of transactions, journal entries, account
• Generating accurate and timely inventory and costing reports to support continuous improvement initiatives
• Collaborating with the finance team when preparing financial analysis of manufacturing variances, gross margin, and excess and obsolete inventory
• Reviewing standard costs quarterly
• Successfully partnering with FP&A, technical accounting and the functional business owners in the annual budgeting and quarterly forecasting of manufacturing costs, monthly close and reporting of actual cost versus the budget and the most recent forecast and preparation of and explanation for key performance indicators
• Driving and supporting internal manufacturing finance controls and processes with a continuous improvement methodology
• Interacting with internal and external auditors, providing various analysis and audit schedules to ensure compliance with internal control procedures
• Other related tasks as needed

QUALIFICATIONS

• 7+ years of experience in cost accounting, with at least a Bachelor's degree
• Certification in Cost Accounting preferred but not required
• Experience in cost accounting for the biotech / pharmaceutical manufacturing industries that has both internal and external manufacturing and testing costs
• Experience building and leading a team
• Familiar with NetSuite
• Excellent business partnership and team development
• Results-orientation with the proven ability to execute on collaborative projects and develop subject matter expertise.