Cost Accounting Manager

Country

United States

Shift

1st

Werfen

Werfen is a growing, family-owned, innovative company founded in 1966 in Barcelona, Spain. We are a worldwide leader in specialized diagnostics in the areas of Hemostasis, Acute Care Diagnostics, Transfusion, Autoimmunity, and Transplant. Through our Original Equipment Manufacturing (OEM) business line, we research, develop, and manufacture customized assays and biomaterials. We operate directly in 30 countries, and in more than 100 territories through distributors.

Our Headquarters and Technology Centers are located in the US and Europe, and our workforce is more than 7,000 strong.

Our success comes from a specific focus in these rapidly evolving diagnostic areas, our commitment to customers, and our dedication to innovation and quality. We’re passionate about providing healthcare professionals the most valuable and complete solutions to improve hospital efficiency and enhance patient care.

Position Summary:

Responsible for an array of accounting activities pertaining to the manufacturing operations of the business, including but not limited to, product cost oversight, monitoring and analyzing departmental spending, analyzing manufacturing variances, inventory analysis and identifying areas of risk and opportunity for improvement. Prepares all related reporting information, performs financial analysis, prepares manufacturing forecasts and budgets and participates in special projects.

The salary range for this position is currently $120,000- $150,000 annually. Individual compensation is based on the candidate’s qualifications for the position, including experience, skills, knowledge, education, certifications, internal equity, budget, and/or other business and organizational needs.

Key Accountabilities

• Completes month-end accounting close and presents to senior management. Provides monthly financial reporting of the manufacturing operations.
• Ensures the execution of standard cost roll-up processes for both actuals and budget cycles.
• Analyzes product costing results and variances to standard cost.
• Controls inventory valuation and reserve requirements.
• Ensures integrity and completeness of bills of materials (BOMs) and routings.
• Provides weekly forecasts for current month’s manufacturing results.
• Prepares annual budgets for Manufacturing department.
• Interprets financial operating results, analyzes departmental spending and variances, and makes recommendations for cost reduction and profit improvement.
• Generates reports as needed, including but not limited to, standard cost information, production details, absorption, variance analysis, product family data, inventory, and related reserves analysis; perform ad hoc financial analysis as directed.
• Calculates periodic KPIs, to include turns, days in inventory, scrap volume, etc.
• Continually enhances the quality, reliability and responsiveness of the information provided.
• Identifies and implements opportunities for process improvement and cost reduction.
• Evaluates the financial impact of strategic and operational actions being considered
• Identifies, assigns and/or leads financial projects as required.
• May manage one or more Financial Analysts or Cost Accountants.
• Resonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
• Other duties as assigned.

Networking/Key relationships

• VP & Directors of assigned departments
• For Operations support:
  Production Line and Line Supervisors
• For Commercial:
  Field Personnel and Client Services
• Information Technology

Minimum Knowledge & Experience for the position:

• Bachelor's Degree in Accounting, Finance, or related field.
• Minimum of five (5) years of experience in a professional environment in a cost accounting, FP&Aor related field required.
• Ability to interact and comfortably detail and explain complex data to Senior Management required
• Familiarity with Standard Cost setting process preferred
• Experience with functional management preferred
• Strong working knowledge of the concepts, principles, and practices of accounting and financial reporting
• Demonstrated expertise with Microsoft Excel
• SAP…