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Sr. Cost Accountant

Company: Radius Health
Location: Waltham
Posted on: November 12, 2020

Job Description:

Radius Health

Radius Health is an equal opportunity employer. EEO/Disabled Individuals/Veterans. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request to HRconnect@radiuspharm.com. Click here to navigate to the EEO is the Law poster. Click here to navigate Radius Health's Pay Transparency Policy.

Sr. Cost Accountant

US-MA-Waltham | US-MA-Waltham

Job ID: 2020-2111

Type: Regular Full-Time

# of Openings: 1

Category: Accounting


Primarily responsible for inventory and standard costing of activities related to our manufacturing operations. Major responsibilities include developing and maintaining product and standard costs, calculating overheads, operational analysis and inventory valuation. This includes month-end financial closing, reconciliations and reporting.


Calculate product cost and ensure standard costs are set prior to commercial launch

Monitors the accuracy of inventory related transaction postings from the General Ledger to third party reports; investigates and resolves discrepancies

Performs accurate and timely inventory related account reconciliations and analyzes / communicates variances; validates Cost of Goods Sold at month-end

Conducts Variance Analysis of Inventory related balance sheet accounts

Reviews and calculates inventory reserve related to excess, expired and obsolescence

Complete other monthly / quarterly financial tasks relating to inventory value, entering journal entries as required

Assist with physical inventory counts and other special projects as assigned

Aid in the creation and maintenance of strong internal controls and process documentation; participating in the review and testing of Sarbanes Oxley controls to ensure compliance

Assist the team in preparing for the quarterly and annual reviews and audit conducted by our independent auditors.

Assist in assembling the documentation required to support the quarterly Form 10-Qs and annual Form 10-K to be filed with the Securities and Exchange Commission.

Coordinate with outside service providers to monitor receivables, ensure appropriate cash application and supervise the reconciliation of customer balances as necessary.

Prepare various financial statements and reports as assigned.

Assist with special projects, technical accounting analysis, and ad-hoc reporting (as assigned).

Position will require travel of approximately 20%


Bachelor’s degree in Accounting, Finance or Business is required. CPA, or other financial certifications are preferred.

Minimum of 3+ years relevant experience

Biotech/pharma experience required

Experience with major ERP financial systems, Dynamics AX, is a plus

Work Environment

The work is performed in a typical office environment with heavy computer duties. The noise level in the work environment is usually quiet. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the employee is regularly required to use hands to type, handle paperwork and sort, file or manipulate documents. The employee is occasionally required to stand and walk. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.

Specific vision abilities required by this position include close vision, distance vision, color vision peripheral vision, depth perception and ability to adjust focus.



Keywords: Radius Health, Waltham , Sr. Cost Accountant, Other , Waltham, Massachusetts

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