SENIOR COST ACCOUNTANT

LGM Pharma; Irvine (CA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, dental, vision

Company matching 401K

Job summary

LGM Pharma in Irvine, CA is seeking a Senior Cost Accountant to direct product costing, manufacturing analysis and inventory valuation. The role provides recommendations to senior leadership to help achieve company goals.

Responsibilities include month-end close, actual vs. budget analyses, and maintaining standard costs in the ERP system while driving cost efficiencies and ensuring GAAP compliance.

Qualifications

• Bachelor's degree in Accounting/Finance (Master's preferred).
• Minimum 5 years in cost accounting, general accounting and manufacturing.
• 3+ years operational experience with inventory and GAAP knowledge.

Responsibilities

• Direct month-end close activities including inventory reconciliations and variances.
• Prepare actual vs. budget analyses for manufacturing costs and inventory.
• Analyze design changes and methods for cost impact and variance reporting.
• Maintain standard costs for materials and labor in ERP.
• Lead excess/obsolete inventory review and ERP accuracy initiatives.
• Develop policies, internal controls, and cross-functional reporting.

Skills

SAP S/4HANA

Advanced Excel

Power BI

GAAP knowledge

Education

Bachelor's degree in Accounting/Finance

Master's degree preferred

Job description

We are looking for a Senior Cost Accountant to direct activities of product costing, product manufacturing analysis, and inventory valuation. The position provides recommendations to senior leadership in support of the achievement of Company goals.

Primary Duties & Responsibilities:

• Perform month end close activities (inventory reconciliations, tracking, variance analysis, etc)
• Prepare actual vs. budget analysis. Prepare various financial analysis related to manufacturing costs, inventory, and expense information.
• Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs.
• Responsible for maintaining standard costs for materials and labor
• Records cost information for use in controlling expenditures.
• Prepares estimates of new and proposed product or service costs.
• Recommends cost efficiencies in new product layouts.
• Provides management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Develop and maintain standard costs of finished goods and production components in enterprise resource planning (ERP) system.
• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
• Lead and manage the excess and obsolete inventory review process.
• Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.
• Assist in developing and documenting policies and procedures, including system requirements and internal controls.
• Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc.
• Analyze and recommend costs and cost savings.
• Comply with Generally Accepted Accounting Principles (GAAP) for financial statements.
• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs.
• Assist in audits and general ledger preparation.
• Other ad hoc reporting

Education/Experience:

• Bachelor's degree in Accounting, Finance or equivalent, Master's Degree preferred
• Minimum of 5-years of experience in cost accounting, general accounting, and manufacturing operations.
• 3+ years of operational experience, especially with inventory
• Solid foundational knowledge of GAAP

Required Knowledge, Skills, & Abilities:

• Hands-on ERP experience. SAP S/4HANA preferred.
• Advanced Excel. Power BI or a comparable reporting tool preferred;
• Ability to research, compile, analyze, and interpret data, and to explain the result to people who are not accountants;
• Ability to manage several assignments at once and hold the close calendar in a fast-moving environment;
• \"Roll up your sleeves\" type personality - High ownership and accountability, with the ability to execute with minimal oversight;
• Clear written and verbal communication, and the confidence to challenge a number that looks wrong;
• Enjoy challenges and take pride in being capable of driving positive change within an organization;
• Solid communication, organizational and interpersonal skills.

At LGM Pharma, we always take pride in putting our people first. We are an equal opportunity employer. We offer medical, dental, vision and company matching 401K.

All suitably qualified candidates will receive consideration for employment based on objective work-related criteria and without regard for the following: age, disability, ethnic origin, gender, marital status, race, religion, responsibility of dependents, sexual orientation, or gender identity or other characteristics in accordance with the applicable governing laws.