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Senior Cost Accountant

3 months ago

Billerica, Massachusetts, United States Quanterix Full time

Quanterix is a company that is digitizing biomarker analysis with the goal of advancing the science of precision health. The company's ultra-sensitive detection solution, Simoa, has the potential to change the way in which healthcare is provided today by giving researchers the ability to closely examine the role of biomarkers in the continuum of health to disease. Quanterix' technology is designed to enable much earlier disease detection, better prognosis and precise treatment methods to improve the quality of life and longevity of the population for generations to come. The technology is currently being used for research applications in several therapeutic areas, including oncology, neurology, cardiology, inflammation and infectious disease.

ROLE SUMMARY:

We are looking for an experienced and highly motivated Senior Cost Accountant to join our Accounting team. This individual will lead the areas of inventory, standard costing, and cost of goods. This role will report to the Cost Accounting Manager. This is a hybrid position that may require you to be onsite 2-3/week.

WHAT YOU'LL DO:

  • Maintain the standard cost system to ensure accuracy of inventory valuation and all standard cost updates
  • Lead the preparation of month-end close journal entries for inventory and cost of goods sold and SOX compliant reconciliations
  • Manage and track key variances: PPV, Material, Labor, and OH variances. Develop relationships with the supply chain, manufacturing, and distribution/warehouse teams in support of leading periodic meetings to resolve questions over variances
  • Support BOM analysis and maintenance as required
  • Partner with supply chain, manufacturing, and distribution/warehouse departments to discuss and resolve issues in areas such as production, purchasing, accounts payable, receiving, and shipping
  • Partner with team to develop and maintain understanding on global inventory transactions and valuation, including E&O exposure
  • Prepare monthly Inventory and COGS Reporting; monthly and quarterly flux analysis
  • Maintain GAAP compliance and controls for cost accounting function
  • Key player in the development and maintenance of SOX controls related to costing and inventory, including training cross functional teams
  • Lead the development of monthly metrics that enhance the operations department's and FP&A's review of gross margins
  • Serve as the liaison to the operations team to implement an effective cycle count program
  • Participate and support the financial audit process; includes driving annual physical inventory procedures as well as the gathering and explanation of supporting documentation.
  • Drive cost accounting and operations digital / automation transformation efforts, using prior cost accounting experience in scaling a cost accounting function
  • Continual improvement and refinement of costing procedures and systems that align with the changing business
  • Ad hoc special projects as required

BASIC QUALIFICATIONS:

  • Bachelor's degree
  • 4+ years of cost accounting experience in publicly traded companies
  • Experience in a manufacturing environment
  • U.S. GAAP and SOX compliance

PREFERRED QUALIFICATIONS:

  • Ability to multitask & work in a time-sensitive environment
  • Advanced computer skills, including Microsoft Office Suite, to include advanced Excel formulas and data analyses
  • Ability to create business processes and assume ownership of tasks, projects, and assignments
  • Attention to detail

EXPECTATIONS, SKILLS & ABILITIES:

  • This is a hybrid position that may require you to be onsite 2-3/week.

WHY YOU'LL LIKE WORKING FOR US:

Our Technology:Quanterix' technology is designed to enable much earlier disease detection, better prognoses and enhanced treatment methods to improve the quality of life and longevity of the population for generations to come. The technology is currently being used for research applications in several therapeutic areas. The company was established in 2007 and is in Billerica, Massachusetts. For additional Information, please

Our Commitment to Employees:At Quanterix, we take pride in our employees' incredible work ethic, and we want to reward and recognize that by offering competitive compensation and a 401k plan with an employer match, as well as competitive health, dental, and vision benefits for employees and their dependents. We also offer an unlimited vacation policy to all exempt employees, and a generous PTO policy for non-exempt employees. All employees are eligible to be awarded Equity, and we have an Employee Stock Purchase Plan, a Performance Bonus, and 1:1 Financial Counseling/Planning. We also offer Tuition Assistance. We have a free, state-of-the-art

onsite fitness center for all employees. To keep you fueled up, we provide onsite employees free snacks and drinks every day

DIVERSE & INCLUSIVE WORKPLACE: Quanterix is committed to a Diverse and Inclusive workplace. We strive to recruit candidates who will bring inclusive mindsets and contribute to our values.

Quanterix is an Equal Opportunity Employer and does not discriminate based on race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Quanterix will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.

#LI-KR1 #LI-Hybrid

Quanterix is committed to a diverse and inclusive workplace. Quanterix is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Quanterix will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.