Cost Accountant II

Company Information You Matter to Cambrex.

Cambrex is a leading global contract development and manufacturing organization (CDMO) that provides drug substance development and manufacturing across the entire drug lifecycle, as well as comprehensive analytical and IND enabling services.

With over 40 years of experience and a team of 2,000 experts servicing global clients from North America and Europe, Cambrex offers a range of specialized drug substance technologies and capabilities, including continuous flow, controlled substances, liquid‑phase peptide synthesis, solid‑state science, material characterization, and highly potent APIs.

At Cambrex, we strive to build a culture where all colleagues have the opportunity to:

• engage in work that matters to our customers and the patients they serve
• learn new skills and enjoy new experiences in an engaging and safe environment
• strengthen connections with coworkers and the community

We’re committed to attracting and nurturing a passionate team of valued professionals in our fast‑paced and growing company. We offer a competitive benefits package that includes healthcare, life insurance, planning for retirement, and more!

Known for our customer‑focused scientific and manufacturing excellence, as well as our strong commitment to quality and safety, we offer a range of career and growth opportunities across our global network of locations. Together with our customers, we aim to improve the quality of life for patients around the world. Start a career where You Matter by applying today!

This position is an essential member of the Finance team responsible for providing timely and accurate cost accounting and profitability analysis for the Charles City site. Responsibilities of the role include standard product costing and ensuring proper reporting of earnings for all commercial manufacturing products. Site Management and other departments rely on this position to provide timely, reliable and relevant cost information to help drive business decisions.

Responsibilities include, but are not limited to:

• Maintain and update standard costs for production components and finished products, ensuring accuracy and alignment with site and corporate policies.
• Analyze production variances for commercial products, assist with investigation of root causes, and provide recommendations for corrective actions.
• Collaborate with cross‑functional teams (Sales, Engineering, Project Management, Procurement) to review cost estimates and support commercial pricing decisions.
• Perform the month‑end close of the SAP Production module. Prepare journal entries and account reconciliations related to product costing during month‑end close, including adjustments and accruals.
• Prepare monthly journal entries for Revenue and COGS adjustments following established company guidelines for ASC 606 recognition.
• Assist in developing activity rates and updating standard product costs for annual budget and monthly forecasting processes.
• Participate in financial forecasting by reviewing and updating planned Revenue and COGS for commercial products and contributing to profitability analysis.
• Identify cost‑saving opportunities and evaluate their financial impact, escalating significant findings to senior team members.
• Provide routine and ad hoc cost analysis reports to management, including variance explanations and profitability insights.
• Perform other accounting tasks as assigned including assistance with direct cash forecast, compiling data to submit for refunds/rebates, and compiling customer financial information for setting credit limits.
• Support compliance with GAAP and company policies, including proper cost recognition and documentation for audits.
• Assist with internal and external audits, tax reporting, and corporate requests as needed.

All employees are required to adhere to DEA, EPA, FDA and cGMP regulations as they relate to the operation of the Company; and to adhere to all company safety rules and procedures. All employees are expected to report to work regularly and promptly. Other duties relating to departmental mission, not specifically…