Sr Manager, Cost Accounting *PC 691

Miltenyi Biotec; Gaithersburg (MD); On-site; USD 120,000 - 141,000; Full time

Benefits offered by this job

Health insurance

Vision & dental insurance

401(k) plan

Bonus potential

Job summary

Miltenyi Biotec North America is seeking a Sr. Manager, Cost Accounting to lead a growing cost accounting team and partner with plant, R&D, supply chain, and finance leadership.

The role influences manufacturing strategy, drives profitability, and ensures financial transparency across operations. The position oversees inventory, COGS, and gross margin analyses, supports operational excellence, and participates in FP&A and executive-level reporting.

Qualifications

• 5+ years of leadership experience in cost accounting or manufacturing finance.
• Experience with ERP platforms (SAP preferred) in a manufacturing environment.
• Strong analytical and problem-solving skills with cross-functional collaboration.
• Experience supporting multi-site manufacturing operations.

Responsibilities

• Manage, mentor, and develop Cost Accounting team while contributing hands-on when needed.
• Drive process improvements, automation, and best practices across cost accounting.
• Provide strategic guidance on manufacturing costs, inventory levels, capacity utilization, and efficiency.
• Support leadership decisions with robust financial analysis and reporting.
• Oversee analysis of manufacturing variances with manufacturing and supply chain teams.
• Lead bi-annual standard cost update and maintain standard costs for products.
• Lead manufacturing-related and R&D-related month-end close, forecasting, and budgeting.
• Collaborate with FP&A to insight costs, inventory, and spending trends.
• Apply GAAP and IFRS principles in all analyses.
• Lead special projects and ad hoc duties as assigned.

Skills

People leadership

Cost accounting

GAAP/IFRS expertise

Budgeting & forecasting

ERP systems (SAP)

Education

Bachelor’s degree in finance or accounting

Tools

SAP

Job description

Your Role:

We are seeking Sr. Manager, Cost Accounting to join our team. You will:

• Lead and develop a growing cost accounting team.
• Partner directly with plant and R&D leadership, supply chain executives, and finance leadership.
• Influence manufacturing strategy and profitability.
• Drive financial transparency across manufacturing operations.
• Own critical processes impacting inventory, COGS, and gross margin performance.
• Gain broad exposure to operational finance, FP&A, and executive leadership.
• Have a visible role in driving operational excellence and business growth.

This role offers a unique opportunity to shape cost management strategies, support business growth, and contribute directly to operational excellence within a dynamic biotech environment.

Essential Duties and Responsibilities:

• Manage, mentor, and develop Cost Accounting team, fostering a culture of accountability, continuous improvement, and operational excellence while being willing and able to contribute hands-on when needed.
• Drive process improvements, automation initiatives, and best practices across the cost accounting organization.
• Provide strategic guidance on manufacturing costs, inventory levels, capacity utilization, and operational efficiency initiatives.
• Support leadership decision-making through robust financial analysis and performance reporting.
• Oversee analysis of manufacturing variances and partner closely with manufacturing and supply chain teams to identify root causes, develop corrective actions, and track sustainable improvements.
• Lead the bi-annual standard cost update process and oversee development and maintenance of standard costs for new and existing products.
• Lead all manufacturing-related and R&D-related month-end close activities, forecasting, and annual budgeting.
• Partner with FP&A to provide insights into COGS, inventory, margin performance, and operational spending trends.
• Apply and have a deep understanding of GAAP and IFRS principles.
• Lead special projects and ad hoc duties as assigned.

Requirements:

• Bachelor’s degree in finance, Accounting, or related field; 5+ years of people leadership experience in Cost Accounting or Manufacturing Finance, including coaching and development of finance professionals.
• Experience working with ERP platforms (SAP preferred) in a manufacturing environment.
• Experience supporting multi-site manufacturing operations.

Strong understanding of:

• Standard Cost Accounting
• Inventory Accounting
• Manufacturing Variance Analysis
• Cost Allocations
• Inventory Reserves
• Budgeting and Forecasting
• Month-End Close Processes
• Apply and have a deep understanding of GAAP and IFRS principles
• Exceptional analytical and problem-solving skills, ability to collaborate effectively across non-financial departments and global teams.
• Team leadership proficiency, with focus on process simplification and driving alignment with the departmental and organizational goals.
• Advancedfluency in Microsoft Suite, including data modeling (in Excel) and visualization (in PowerBI); working knowledge of AI is a plus.
• Experience in identifying unmet needs and proactively partnering with others to develop solutions.

Physical Demands:

While performing the duties of this job, the employee is regularly required to walk; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is required to stand; climb or balance and stoop, kneel, crouch. The employee may occasionally lift and/or move up to 25 pounds. Must have ability to handle more than one task at a time and must work at a rapid pace while maintaining attention to detail.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. This job is performed in an office environment.

The hiring range for this position is expected to fall between $119,973-$141,085/year, reflecting the range candidates can reasonably expect to be considered for at time of offer, based on factors such as experience, internal equity, and qualifications.

The salary of the finalist(s) selected for this role will be set based on a variety of considerations, including but not limited to internal equity, experience, education, specialization, skills, abilities, and training. The above range represents the Company’s good faith and reasonable estimate of possible compensation at the time of posting.

In addition to your salary, the Company offers a comprehensive benefits package, including health, vision, and dental insurance, as well as a 401(k) plan. All benefits are subject to eligibility requirements. Certain positions may also be eligible for additional compensation such as bonuses or commissions.

EEO/Equal Opportunity

Miltenyi Biotec North America is an EO Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity.

Miltenyi Biotec, Inc. participates in E-Verify.

The Company will provide reasonable accommodations to candidates and employees, unless doing so would impose an undue hardship on the Company, in accordance with applicable law.

Are you ready to start revolutionizing biomedical research? When you join Miltenyi Biotec, you join a family that is passionate about making a real impact – one breakthrough at a time. For over 30 years, we have played a pivotal role in the design, development, manufacture, and integration of products for sample preparation, cell separation, cell analysis, imaging, and cell culture needs. These developments have led to cutting-edge cell and gene therapies – transformative methods that mobilize the body’s own cells and genetic blueprint to tackle diseases such as cancer and autoimmune conditions. Today, our more than 18,000 solutions play a vital role in paving the way for the medicine of tomorrow.