Associate Director, Cost Accounting

Summit Therapeutics, Inc.; Menlo Park (CA); On-site; USD 174,000 - 204,500; Full time

Job summary

A biopharmaceutical oncology company is seeking an Associate Director, Cost Accounting to manage product cost accounting and oversee inventory management. Candidates should possess a Bachelor's degree and at least 8 years of relevant experience, demonstrating leadership ability and exceptional communication skills. This full-time role is located in Menlo Park, CA, with a salary range of $174,000–$204,500 annually. The company values integrity and process improvement as part of its mission to impact serious unmet medical needs.

Qualifications

• Minimum 8+ years of relevant experience.
• Demonstrated ability to operate in a fast-paced environment.
• Impeccable integrity and a strong work ethic.

Responsibilities

• Establish and manage full product cost accounting.
• Oversee the standard cost set-up and lead the monthly COGS analytics.
• Develop methodology for calculating material costs and labor.

Skills

Leadership ability

Exceptional writing skills

Communication skills

Organizational skills

Analytical skills

Education

Bachelor’s degree

Job description

Join to apply for the Associate Director, Cost Accounting role at Summit Therapeutics, Inc.

Location: Menlo Park, CA / Princeton, NJ / Miami, FL (ON SITE)

About Summit

Summit Therapeutics Inc. is a biopharmaceutical oncology company with a mission focused on improving quality of life, increasing potential duration of life, and resolving serious unmet medical needs. At Summit, we believe in building a team of world class professionals who are passionate about this mission, and it is our people who drive this mission to reality. Summit’s core values include integrity, passion for excellence, purposeful urgency, collaboration, and our commitment to people. Our employees are truly the heart and soul of our culture, and they are invaluable in shaping our journey toward excellence.

Overview of Role

The Associate Director, Cost Accounting is a key role in the company’s accounting function. This role supports the monthly and quarterly closing activities, audit, and inventory management.

Responsibilities

• Establish and manage full product cost accounting. Including inventory cost adjustments, average cost analysis, inventory reserve management
• Complete inventory journal entries, balance sheet reconciliations, variance review, inventory analysis
• Coordinate physical inventory counts and cycle counts to ensure accurate reporting
• Oversee the standard cost set-up, lead the monthly COGS analytics and actual cost variances
• Manage monthly meetings and partner with CMC and Supply Chain to analyze inventory for potential excess and obsolete reserves and make related entries in accordance with the company’s policies
• Develop and maintain a methodology for calculating and applying material costs, labor costs, and overhead rates as required by generally accepted accounting principles
• Support business partners in their daily tasks, while collaboratively seeking opportunities for continued process improvement
• Ensure a strong internal control environment for the assigned business areas
• All other duties as assigned

Experience, Education, and Skills

• Bachelor’s degree is required
• Minimum 8+ years of relevant experience
• Demonstrated ability to operate in a fast-paced environment
• Leadership ability, with a track record of building and motivating high-performing teams
• Exceptional writing, communication, interpersonal & presentation skills
• Attention to detail, accuracy and confidentiality
• Excellent organizational, management, analytical & decision-making skills
• An ability to work well cross functionally and across geographies
• Impeccable integrity and a strong work ethic

Pay range for this role is $174,000-$204,500 annually. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. This may be different in other locations due to differences in the cost of labor. The total compensation package for this position may also include bonus, stock, benefits and/or other applicable variable compensation.

Summit does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact Summit’s Talent Acquisition team at [e-mail] to obtain prior written authorization before referring any candidates to Summit.

Seniority Level

• Mid-Senior level

Employment Type

• Full-time

Job function

• Accounting/Auditing and Finance

Industries

• Biotechnology Research and Pharmaceutical Manufacturing