Senior Cost Accountant

Description

This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week. No relocation is provided for this opportunity. At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O.

West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?

The Senior Cost Accountant is responsible for ensuring the accuracy and integrity of product costing, inventory valuation, manufacturing cost analysis, and related financial reporting within a manufacturing environment. This role coordinates with Operations, Supply Chain, Commercial, FP&A, and Finance teams to support business decision-making, maintain strong financial controls, drive process improvements, and ensure compliance with corporate policies and US GAAP.

• Manage standard costing activities, including new material costing, annual standard cost rollout processes, and maintenance of accurate product costs.
• Support monthly and quarterly financial close processes through parked invoice accruals, Open PO reviews, cost allocations, intercompany recharges and capitalization of variances.
• Perform financial analysis at month end including review of Purchase Price Variance (PPV), Production variance, scrap, labor cost and other expenses in the income statement.
• Reconcile inventory balances at month end including inventory balance at third party warehouse and in transit.
• Ensure inventory reserves and write-offs are recorded and approved as per Corporate policies.
• Analyze plant financial results and provide meaningful variance commentary and insights to FP&A and business leadership.
• Support inventory control processes including ABC classification, annual stock count and cycle counts
• Ensure compliance of SOX controls, US GAAP and Corporate accounting policies
• Drive standardization of cost accounting process across multiple plants
• Support UAT testing for manufacturing processes migrating to S4 HANA.
• Support Continuous process improvement initiatives and Power BI solutions
• Coordinate with Commercial, Supply Chain, and Operations teams to support budgeted costing requests, demand planning reviews, and business initiatives.
• Coordinate with supply chain, process engineers, warehouse managers and FP&A at plant
• Support internal, external, and statutory audits.
• Support and assist other functions within the business as required
• Other duties as assigned

• Bachelor’s Degree in Accounting or Business with concentration in Accounting/Finance or equivalent experience.

• 5+ years of experience in a manufacturing environment using SAP or other ERP

• Strong understanding of US GAAP and Sarbanes-Oxley 404
• Experience with SAP required and HFM preferred
• Strong knowledge of and ability to learn and apply technical accounting concepts in accordance with US GAAP and internal controls over financial reporting
• Strong analytical skills and ability to summarize conclusions and make recommendations to management
• Unquestioned integrity, moral character, ethics and values - one whom an organization can trust without reservation
• Ability to effectively prioritize and
  ** escalate
  * * issues

• Finance and Accounting ertified Public Accountant (CPA) active CPA license preferred

• Position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. May need to stand or sit for extended periods of time
• While performing the duties of this job, the employee is regularly required to talk or hear.
• Use written and oral communication skills
• Read and interpret data, information and documents
• Must maintain the ability to…