Cost Accountant

1 month ago

Northbrook, Illinois, United States DiaSorin Full time
Diasorin is a global leader in diagnostic solutions, pushing the boundaries of science and technology to create cutting-edge tools that improve healthcare worldwide. With a legacy spanning over 50 years, we've earned our reputation for excellence by developing innovative diagnostic assays and instruments that are trusted by healthcare providers around the world.
Our broad offering of diagnostic tests and Licensed Technology solutions, made available thanks to ongoing investments in research, positions us as the player with the widest range of specialty solutions in the sector and identifies us as the "Diagnostics Specialist."
Why Join Diasorin?
  • Impactful Work: When you join Diasorin, you become part of a team that's dedicated to improving lives. Your contributions will directly impact patient care, making a meaningful difference in the world.
  • Global Reach & Innovation: Our work transcends borders. Joining Diasorin means collaborating with colleagues from all over the world, expanding your horizons, and contributing to global healthcare solutions at the forefront of the diagnostic industry.
Diverse and Inclusive Culture: We believe in the strength of diversity, and our inclusive culture reflects this commitment. We value your unique perspective and offer a supportive, collaborative environment where everyone can thrive.
Join Our Team: If you're passionate about innovation, diversity, and making a positive impact on healthcare, Diasorin is the place for you. We're looking for passionate and talented individuals who are ready to embrace new challenges and drive healthcare solutions forward.
Are you ready to be part of a dynamic team that's shaping the future of diagnostics? Join Diasorin and become a catalyst for change in the world of healthcare. Apply today and be a part of our exciting journey toward a healthier, more connected world. Together, we can make an impact

Job Scope

The Industrial Cost Accountant, reporting Directly to the Industrial Controlling Manager, is a key member of the plant industrial controlling team and is responsible for:

  • Managing the plant's day-to-day cost accounting functions.
  • Advising Industrial Controlling Manager of potential risks on controlling the assets and inventories at the facility.

Key Responsibilities and Duties

  • Partnering with operations to timely update the BOM's as needed.
  • Setting up the standard cost for new materials as needed and updating the standard costs once a year according to the company policies.
  • Monitor and maintain part numbers in Oracle.
  • Reviewing and closing job orders timely, summarizing and reviewing the variances with the operations team and Industrial Controlling Manager.
  • Assist to analyze and review the purchase price variance report
  • Work closely with the accounting team and the Industrial Controlling Manager to perform the month end closing timely and accurately.
  • Monthly reconcile third party / outside inventory locations.
  • Perform monthly inventory reconciliations, review and reconcile any discrepancies with the Industrial Controlling Manager and Operations team.
  • Review and track the inventory cycle counts, summarize and discuss variances with the Industrial Controlling Manager, ensuring any material write off was properly approved according to the policies and procedures.
  • Assist inventory personnel to ensure proper accounting on manual movement types in Oracle.
  • Review the monthly obsolescence calculation / reserve, analyze the data and discuss with the Industrial Controlling Manger any future exposure or risk.
  • Review monthly spending by cost center and recommend necessary accruals.
  • Provide training and assistance to operations personnel to enhance their understanding of all components of product costs and their understanding of the cost center reporting.
  • Assist in the preparation of the company's annual operating plan with respect to preparing the data for inventory costing, manufacturing cost, variances and trends.
  • Assist with internal and external audits.
  • Ensure compliance with internal controls.
  • Complete ad hoc reporting to support manufacturing team as needed

Education, Experience, and Qualifications

  • Bachelor's degree in accounting
  • 3-5 years of experience in a manufacturing cost accounting system.
  • Knowledge of and skill using personal computer equipment and related software such as Microsoft Word for Windows and Excel
  • Knowledge of and skill in using automated general ledger systems. Knowledge of Oracle is preferred.
  • Verbal communication skills such as the ability to be diplomatic under adverse conditions; ability to be sensitive and respond with a sense of urgency to requests for information.
  • Strong analytical skills such as the ability to identify current and future trends necessary to maintain an efficient inventory system and minimize risk.
  • Problem solving ability such as the ability to utilize appropriate resources to resolve an issue; ability to follow an issue through to resolution.

Diasorin is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status, and will not be discriminated against on the basis of disability.
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and Canada and to complete the required employment eligibility verification document form upon hire.
Diasorin is committed to providing reasonable accommodations for qualified individuals with disabilities. If you are a US or Canada candidate and require assistance or accommodation during the application process, please contact the North America Talent Acquisition Team at or to request an accommodation.
The above job description is intended to describe the general content, identify the essential functions, and set forth the requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements.
Diasorin reserves the right to modify or amend this job posting as needed to comply with local laws and regulations.
Please note that offers of employment at Diasorin may be contingent upon successful completion of a pre-employment background check and drug screen, subject to applicable laws and regulations.
This position is not eligible for partnership with a third-party search firm vendor without expressed, written consent from the Diasorin Human Resources Department.

We are an equal opportunity employer that values diversity at all levels. All individuals, regardless of personal characteristics, are encouraged to apply.

This contractor and subcontractor shall abide by the requirements of 41 CFR a), 41 CFR a) and 41 CFR a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

DiaSorin Inc and DiaSorin Molecular LLC are Affirmative Action and Equal Opportunity Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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