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Senior Cost Accountant

West Pharmaceutical Services

  • Exton, PA
  • 6 days ago
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    Skills

    • Acceptance Testingunmatched
    • Accountingunmatched
    • Accounting Certificationsunmatched
    • Accounting Closeunmatched
    • Accounting Policiesunmatched
    • Analysis Skillsunmatched
    • Billingunmatched
    • Budgetingunmatched
    • Business Planunmatched
    • Business Supportunmatched
    • Certified Public Accountant (CPA)unmatched
    • Communication Skillsunmatched
    • Compensation and Benefitsunmatched
    • Copying Machinesunmatched
    • Corporate Policiesunmatched
    • Cost Accountingunmatched
    • Cost Allocationunmatched
    • Cost Analysisunmatched
    • Cost Controlunmatched
    • Cross-Functionalunmatched
    • Decision Supportunmatched
    • Demand Forecasting/Planningunmatched
    • Diversityunmatched
    • Establish Prioritiesunmatched
    • External Auditunmatched
    • Fax Machinesunmatched
    • Financeunmatched
    • Financial Analysisunmatched
    • Financial Controlunmatched
    • Financial Planning and Analysis (FP&A)unmatched
    • Financial Reportingunmatched
    • Generally Accepted Accounting Principles (GAAP)unmatched
    • Governmentunmatched
    • Healthcareunmatched
    • Income and Expenditure Statementunmatched
    • Internal Auditunmatched
    • Inventory Costingunmatched
    • Inventory Cycle Countsunmatched
    • Inventory Managementunmatched
    • Leadershipunmatched
    • Maintain Complianceunmatched
    • Manufacturingunmatched
    • Manufacturing Analysisunmatched
    • Manufacturing Costunmatched
    • Manufacturing/Industrial Processesunmatched
    • Medical Productsunmatched
    • Multitaskingunmatched
    • Office Equipmentunmatched
    • Operational Supportunmatched
    • Patient Careunmatched
    • Photocopyunmatched
    • Power BIunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Process Engineeringunmatched
    • Process Improvementunmatched
    • Product Costingunmatched
    • Quality Assurance Methodologyunmatched
    • Reconciliationunmatched
    • SAPunmatched
    • SAP ECC (fka SAP R/3 and SAP ERP)unmatched
    • SOX 404unmatched
    • Sarbanes-Oxley Act (SOX)unmatched
    • Schedule Developmentunmatched
    • Standard Costingunmatched
    • Supply Chainunmatched
    • Supply Chain Operationsunmatched
    • Sustainabilityunmatched
    • Team Playerunmatched
    • Technical Accountingunmatched
    • Volunteer Experienceunmatched
    • Warehousingunmatched
    • Willing to Travelunmatched
    • Writing Skillsunmatched

    Description

    This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week.

    No relocation is provided for this opportunity.

    At West, we're a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West's indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?

    There's no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.

    We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.

    Job Summary

    The Senior Cost Accountant is responsible for ensuring the accuracy and integrity of product costing, inventory valuation, manufacturing cost analysis, and related financial reporting within a manufacturing environment. This role coordinates with Operations, Supply Chain, Commercial, FP&A, and Finance teams to support business decision-making, maintain strong financial controls, drive process improvements, and ensure compliance with corporate policies and US GAAP.

    Essential Duties and Responsibilities

    • Manage standard costing activities, including new material costing, annual standard cost rollout processes, and maintenance of accurate product costs.
    • Support monthly and quarterly financial close processes through parked invoice accruals, Open PO reviews, cost allocations, intercompany recharges and capitalization of variances.
    • Perform financial analysis at month end including review of Purchase Price Variance (PPV), Production variance, scrap, labor cost and other expenses in the income statement.
    • Reconcile inventory balances at month end including inventory balance at third party warehouse and in transit.
    • Ensure inventory reserves and write-offs are recorded and approved as per Corporate policies.
    • Analyze plant financial results and provide meaningful variance commentary and insights to FP&A and business leadership.
    • Support inventory control processes including ABC classification, annual stock count and cycle counts
    • Ensure compliance of SOX controls, US GAAP and Corporate accounting policies
    • Drive standardization of cost accounting process across multiple plants
    • Support UAT testing for manufacturing processes migrating to S4 HANA.
    • Support Continuous process improvement initiatives and Power BI solutions
    • Coordinate with Commercial, Supply Chain, and Operations teams to support budgeted costing requests, demand planning reviews, and business initiatives.
    • Coordinate with supply chain, process engineers, warehouse managers and FP&A at plant
    • Support internal, external, and statutory audits.
    • Support and assist other functions within the business as required
    • Other duties as assigned

    Education

    • Bachelor's Degree in Accounting or Business with concentration in Accounting/Finance or equivalent experience.

    Work Experience

    • 5+ years of experience in a manufacturing environment using SAP or other ERP

    Preferred Knowledge, Skills and Abilities

    • Strong understanding of US GAAP and Sarbanes-Oxley 404
    • Experience with SAP required and HFM preferred
    • Strong knowledge of and ability to learn and apply technical accounting concepts in accordance with US GAAP and internal controls over financial reporting
    • Strong analytical skills and ability to summarize conclusions and make recommendations to management
    • Unquestioned integrity, moral character, ethics and values - one whom an organization can trust without reservation
    • Ability to effectively prioritize and escalate issues

    License and Certifications

    • Finance and Accounting\Certified Public Accountant (CPA) active CPA license preferred

    Additional Requirements

    • Position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. May need to stand or sit for extended periods of time
    • While performing the duties of this job, the employee is regularly required to talk or hear.
    • Use written and oral communication skills
    • Read and interpret data, information and documents
    • Must maintain the ability to work well with others in a variety of situations
    • Must be able to multi-task, work under time constraints, problem solve, and prioritize
    • Ability to make independent and sound judgments
    • Observe and interpret situations, analyze and solve problems
    • Must be able to work scheduled work week, plus overtime and/or irregular hours as required to complete assignments #LI-JJ1 #LI-HYBRID

    Travel Requirements

    5%: Up to 13 business days per year

    Physical Requirements

    Sedentary-Exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

    What We Offer

    This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week

    Community Involvement: West encourages volunteerism through its West without Borders initiative and other charitable programs that make a difference in local communities.

    Continuous Learning & Development: Opportunities for professional growth through training programs, tuition assistance, leadership development, and skill-certification initiatives.

    Global Career Opportunities: With facilities across North America, Europe, and Asia-Pacific, employees have opportunities for international exposure and cross-functional collaboration.

    Inclusive & Collaborative Culture: A global workforce that values diversity, equity, and inclusion-where all voices are heard and respected in a supportive environment.

    West is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, or disability status. If you have a special need that requires accommodation in order to apply to West, please send an email to Apply.Accommodation@westpharma.com. Where permitted by law, an offer of employment with West Pharmaceutical Services, or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of background screening.

    Numbers & Facts

    LocationExton, PA
    IndustryBiotechnology/Pharmaceuticals
    Company Size100 to 499 employees
    Websitehttp://www.westpharma.com/

    About Company

    Leadership in Drug Administration Systems and Components Pharmaceutical, biopharmaceutical and medical device companies around the world rely on West Pharmaceutical Services, Inc. for standard-setting systems and device components for parenterally administered medicines.

    West applies proprietary materials science, formulation research and manufacturing innovation to advance the quality, therapeutic value, development speed and rapid market availability of pharmaceuticals, biologics, vaccines and consumer healthcare products.

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