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Cost Accountant III

3 months ago


Hercules, United States Bio-Rad Laboratories Full time

As a Senior Cost Accounting Analyst, you'll play a key role on Bio-Rad's Global Supply Chain (GSC) Finance team. You'll work on cost accounting & manufacturing FP&A activities and serve as a liaison between Hercules 4000 & Richmond's chemical manufacturing team and finance. You'll be the key Cost Accountant for critical processes such as standard setting & cycle counts and partner with functional and business leaders to prepare budgets, forecasts and provide ad hoc financial analysis to support decision making as needed. You'll be expected to have in-depth knowledge of your customer business unit or function in order to provide cost accounting responsibilities and provide accurate forecast. You should have a strong analytical background with strict attention to detail. You are a highly motivated, technically proficient person with a strong sense of ownership and business ethics to deliver quality work on a daily basis. You'll also share your financial expertise and drive process improvements within the Global Finance Group.

How You Will Make an Impact:

  • Perform monthly close activities (accruals, reviews, journal entries) and review meetings with business partners.
  • Prepare monthly variance analysis (spends, absorption, ppv, work orders, inventory driven costs) of actuals to forecast and budget, explain and investigate any major discrepancies, and understand key business drivers.
  • Position manufacturing team for success by leading and supporting our functional teams in cost analysis and operating budget and forecast processes to ensure our financial stability.
  • Supports Standard Cost for multiple locations and ensures Plant Managers & Controller understand the costing data (labor, material, ovhd, costing lost size).
  • Prepare quarterly work papers for internal and external audit for key processes such as cycle counts, narratives, accruals, etc.
  • Build strong relationships with manufacturing partners, acting as a trusted subject matter expert and yielding your influence to create alignment between the business and finance.

What you Bring:

While this list of qualifications may help an employee to succeed in this position, capable candidates may have a wide range of backgrounds or skills. If you have experience that aligns with the responsibilities of this role, we encourage you to apply

  • At least 5+ years experience in Cost Accounting or equivalent experience and a BS/BA in Finance, Accounting, Economics or related field.
  • Technical proficiency providing accurate forecasts (and reviewing underlying assumptions), translating GAAP terms for non-accounting partners, and using Excel (PivotTables, Sumifs, Sumproduct).
  • Detail oriented with attention to process and documentation to ensure both compliancy and that accurate information is provided to the business partners.
  • Strong analytical, and communication skills and a hands-on, detail-oriented approach with an eagerness to take ownership, influence business partners, and make an immediate impact in a dynamic environment.
  • Strong written and oral communication skills.
  • MS Office Software; including strong Excel skills.
  • SAP experience preferred.

Total Rewards Package: At Bio-Rad, we're empowered by our purpose and recognize that our employees are as well. That's why we offer a competitive and comprehensive Total Rewards Program that provides value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Bio-Rad's robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees and their families through the various stages of an employee's work and life cycle.

Benefits: We're proud to offer a variety of options, including competitive medical plans for you and your family, free HSA funds, a new fertility offering with stipend, group life and disability, paid parental leave, 401k plus profit sharing, an employee stock purchase program, a new upgraded and streamlined mental health platform, extensive learning and development opportunities, education benefits, student debt relief program, pet insurance, wellness challenges and support, paid time off, Employee Resource Groups (ERG's), and more

Compensation: The estimated base salary range for this position is $91,500 to $125,900 at the time of posting. Actual compensation will be provided in writing at the time of offer, if applicable, and is based on several factors we believe fairly and accurately impact compensation, including geographic location, experience, knowledge, skills, abilities, and other job permitted factors. This position is eligible for a variable annual bonus, which is dependent upon achievement of your individual objectives and Company performance.

Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.

EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with physical or mental disabilities, and people of all race, color, sex, sexual orientation, gender identity, religion, national origin and citizenship status are encouraged to apply.

Agency Non-Solicitation:Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resumes.

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Legal Entity: (USA_1000)Bio-Rad Laboratories, Inc.