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Sr. Cost Accountant
US-MA-Waltham | US-MA-Waltham
Job ID: 2020-2111
Type: Regular Full-Time
# of Openings: 1
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
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
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
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
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
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
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.