Cost Accounting Analyst

As a result of the combination of the BD Biosciences and Diagnostic Solutions business with Waters Corporation (NYSE: WAT), by applying to this role, you will be applying for a position with Waters. Waters is a global leader in life sciences, dedicated to accelerating the benefits of pioneering science through analytical technologies, informatics, and service. With a focus on regulated, high-volume testing environments, Waters’ innovative portfolio harnesses deep scientific expertise across biology, chemistry, and physics.

Waters collaborates with analytical laboratories around the world to advance the release of effective, high-quality medicines, assure the safety of food and water, and drive better patient outcomes by detecting diseases earlier, managing routine infections, and combatting growing antibiotic resistance. Through a shared culture of relentless innovation, Waters’ passionate team of approximately 16,000 colleagues partner with customers to turn scientific challenges into breakthroughs that improve lives worldwide.

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BD is one of the largest global medical technology companies in the world. Advancing the world of health™ is our Purpose, and it’s no small feat. It takes the imagination and passion of all of us—from design and engineering to the manufacturing and marketing of our billions of Med Tech products per year—to look at the impossible and find transformative solutions that turn dreams into possibilities.

The Cost Accounting Analyst will be responsible for overseeing cost accounting activities ensuring accurate and timely financial reporting related to inventory, cost of goods sold, and manufacturing variances. This role will play a critical part in optimizing financial performance through insightful analysis and process improvements.

• Oversee the accurate and timely calculation of standard costs for all products, ensuring alignment with bill of materials and routing information.
• Analyze manufacturing variances (material, labor, overhead) and provide detailed explanations to management.
• Develop and implement robust inventory valuation methodologies, including cycle counting and physical inventory procedures.
• Prepare and analyze monthly, quarterly, and annual cost of goods sold reports.
• Collaborate with production, supply chain, and R&D teams to understand cost drivers and identify cost reduction opportunities.
• Participate in the annual budgeting and forecasting processes for cost of goods sold and inventory.
• Ensure compliance with GAAP and internal accounting policies related to cost accounting.
• Develop and implement internal controls over inventory and cost accounting processes.
• Support financial audits by providing necessary cost accounting documentation and explanations.
• Prepare ad-hoc financial analysis and reports as requested by senior management.
• Drive continuous improvement initiatives within the cost accounting department.

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 2-3 years of progressive experience in cost accounting within a manufacturing environment.
• Strong understanding of GAAP and cost accounting principles.
• General knowledge of ERP systems.
• Advanced Excel skills.
• Demonstrated ability to analyze complex financial data and translate it into actionable insights.
• Excellent leadership, communication, and interpersonal skills.
• Ability to work independently and as part of a team in a fast-paced environment.
• Proven track record of driving process improvements and achieving financial objectives.
• Strong attention to detail and accuracy.

• CPA or CMA certification
• Cost accounting experience within the life sciences industry
• Proficiency in ERP systems (e.g., SAP, Oracle)

At BD, we prioritize on-site collaboration because we believe it fosters creativity, innovation, and effective problem-solving, which are essential in the fast-paced healthcare industry. For most roles, we require a minimum of 4 days of in-office presence per week to maintain our culture of excellence and ensure smooth operations, while also recognizing the…