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The ideal candidate will possess 10+ years of corporate accounting experience, ideally in manufacturing and pharma. As a Cost Accounting Manager, you will be responsible for overseeing product costing for multiple entities. You will ensure all costs, both direct and indirect, are fully accounted for, and maintain control over inventory at their outsource manufacturing partners.
Job Responsibility:
Oversee the accurate determination of production costs associated with subcontracting
Serve as a liaison with procurement and accounting department operations teams to gather relevant cost data for correct reporting
Develop and maintain detailed product costing systems, including material costs, labor rates, and overhead allocations
Support in the creation of cost sheets and financial models for product costing
Lead cost analysis and control processes for operational departments, ensuring all cost categories are tracked, reported, and optimized
Collaborate with procurement and production teams to review and update cost structures, ensuring consistency across business units
Oversee the integration of the costing system for the acquisition of target products, merging costing models, budgeting, and financial reporting systems
Conduct variance analysis by comparing actual costs with budgeted figures, identifying deviations, and providing insights to senior management
Work with IT and finance teams to ensure the successful migration of costing data and systems following a merger
Prepare detailed cost reports for senior management, highlighting key trends, potential savings, and areas for improvement
Manage and update cost databases, ensuring accuracy and timely input of cost information for manufacturing and product development
Perform other tasks as required by management
Requirements:
Minimum 10 years of experience in the field of cost accounting, preferably within the Health Pharm/Biotech industry
Proficient in Cost Accounting and Standard Costing practices
Demonstrated experience with Inventory Variance, Inventory Planning & Reporting
Deep understanding of Cost of Goods Sold (COGS) and Bill of Materials (BOM)
Ability to develop and manage Cost Models for diverse product lines
Expertise in Financial Reporting, ensuring accuracy and compliance
Proven skills in Variance Analysis to identify cost drivers and suggest improvements
Experience in Budgeting and Forecasting to support strategic decision-making
Proficiency in using SAP for accounting and financial management purposes
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