Senior Cost Accountant

The Company is seeking a highly analytical and detail-oriented Cost Accountant to support our manufacturing and supply chain operations in Rochester, New York. This role is responsible for maintaining accurate product costing, inventory accounting, manufacturing variance analysis, and financial reporting for a dynamic biotechnology manufacturing environment.

The Cost Accountant will partner closely with Operations, Supply Chain, Manufacturing, Procurement, and Finance to ensure accurate inventory valuation, support cost control initiatives, and provide meaningful financial insights that drive operational decision-making.

• Maintain and update standard costs for raw materials, work-in-process, and finished goods.
• Analyze manufacturing costs and monitor inventory valuation accuracy.
• Perform monthly inventory reconciliations and prepare supporting schedules.
• Monitor inventory reserves, excess and obsolete inventory, and cycle count adjustments.
• Review inventory transactions for accuracy and compliance with company policies.
• Assist with physical inventory counts and cycle count programs.
• Material usage variances
• Purchase price variances
• Labor variances
• Production yield variances
• Investigate significant variances and provide recommendations to management.
• Partner with Manufacturing leaders to identify opportunities for cost savings and process improvements.
• Develop and maintain cost reports, KPIs, and operational metrics.

• Prepare monthly journal entries related to inventory, manufacturing costs, and accruals.
• Assist with month-end, quarter-end, and year-end close activities.
• Reconcile inventory and manufacturing-related balance sheet accounts.
• Support internal and external audit requests.
• Prepare schedules supporting financial statement disclosures and audit requirements.

• Support annual budgeting and periodic forecasting processes.
• Assist in developing manufacturing cost models and production forecasts.
• Analyze actual performance against budget and forecast expectations.
• Prepare management reports summarizing manufacturing financial performance.

• Maintain accurate costing data within Dynamics 365 Finance (D365) or other ERP systems.
• Support improvements to costing methodologies, inventory controls, and reporting processes.
• Assist in ERP system enhancements, testing, and implementation projects.
• Document cost accounting procedures and internal controls.

• Maintain the company's fixed asset subledger and ensure accuracy and completeness of fixed asset records across all locations.
• Review and account for capital expenditures in accordance with U.S. GAAP and company capitalization policies.
• Evaluate expenditures for capitalization versus expense treatment and prepare supporting documentation.
• Record additions, transfers, retirements, disposals, and sales of fixed assets.
• Calculate and record monthly depreciation and amortization entries.
• Reconcile fixed asset subledger balances to the general ledger on a monthly basis.
• Monitor construction-in-progress (CIP) projects and coordinate timely placement into service.
• Perform periodic reviews for indicators of asset impairment and assist with impairment analyses when required.
• Prepare accounting analyses and journal entries associated with asset sales, disposals, abandonments, and impairments.

• Maintain fixed asset records and support schedules used for insurance reporting purposes.
• Coordinate annual updates of property insurance schedules, including replacement cost and Schedule of Values (SOV) reporting.
• Work with Operations, Facilities, Engineering, and external insurance brokers to validate insured asset values.
• Prepare fixed asset reports and supporting analyses required for property tax filings and personal property tax assessments.
• Support state and local property tax audits and information requests.
• Maintain detailed records supporting insured values, asset locations, classifications, and useful lives.

• Ensure compliance with company fixed asset…