Director, Cost Accounting

Role Summary

Director, Cost Accounting to lead and oversee all inventory and cost-related accounting functions. Responsible for ensuring accurate financial reporting of inventory across the global supply chain. This cross-functional role collaborates with Supply Chain, Quality, FP&A, and auditors to ensure inventory is fairly stated and cost of goods sold is accurately classified.

Responsibilities

• Lead and manage the inventory accounting function for pipeline products, including monthly, quarterly, and annual close processes related to inventory and cost of goods sold
• Review and approve journal entries, account analyses, and reconciliations related to inventory and cost of goods sold for pipeline products
• Review current product costing methodology and oversee standard cost updates for pipeline products, variance analysis, and inventory reserve analysis
• Function as the finance business owner of the SAP Supply Chain Module; ensure accurate product costs, inventory valuation, overhead and variance analysis; identify opportunities for automation and process improvement
• Collaborate with supply chain and FP&A teams to understand production schedules, contracts, inventory movements, and other supply chain matters to assess the impact on inventory accounting and ensure fair statement and classification
• Provide support for quarterly and annual financial reporting and disclosures related to inventory and cost of goods sold
• Collaborate with third-party distribution provider and Head of Trade to manage and ensure accurate inventory counts
• Oversee and perform annual physical inventory count if necessary
• Provide technical guidance and mentoring to the cost accounting team to ensure consistent application of cost accounting principles
• Maintain and develop improvements for SOX controls related to costing and inventory
• Support internal and external audit processes related to inventory and cost of goods sold
• Demonstrate proficiency in financial analysis, reporting, and interpretation of data

Qualifications

• Required: BS/BA in Accounting/Finance and 10+ years of relevant accounting experience, including 5+ years in pharma cost accounting
• Required: Thorough knowledge of US GAAP as it relates to inventory valuation and cost of goods sold
• Required: Excellent computer skills, including advanced MS Excel (Pivot Tables, V-Lookups, data merges, filters, and IF statements) and MS Word
• Preferred: Experience working with SAP
• Required: High level of personal integrity consistent with company values

Education

• BS/BA in Accounting or Finance

Skills

• Financial analysis, reporting, and data interpretation
• SAP or similar ERP system experience
• Inventory valuation and cost accounting expertise
• SOX controls and internal/external audit coordination
• Cross-functional collaboration and mentorship