Inventory and Cost Accountant I

2 weeks ago

Memphis, United States Bioventus Full time

**Description**

At Bioventus, our business depends on developing our people. We invest in you and challenge you to be the best. We value our colleagues for their different perspectives and individual contributions, and our leaders listen. Our success rests on working together to achieve shared goals and rewards. Join a diverse team of global colleagues driven to help patients resume and enjoy active lives.

Who is

We are the market leader in developing clinically proven and cost-effective solutions for pain treatment & joint preservation, restorative therapies and bone graft substitutes with products recognized for their safety, innovation and effectiveness.

$425 + million in annual revenue

11 00+ employees worldwide

Helping 7 00 ,000+ people every year

The Bioventus team always puts patients at the forefront, and their needs are the priority in the choices we make and actions we take.

Inventory & Cost Accountant I

Full time Office Based

Cordova, TN

This position is responsible for the general ledger accounting and month end close process related to the Companys cost of sales and inventory accounting, and following appropriate controls to ensure timely and accurate financial reporting in accordance with GAAP.

What youll be doing

Ideal candidates are self-starters, with strong interpersonal skills and experience working in a global, cross-functional organization. They have passion for communications as a function and an understanding of managing it among varying audiences

* Prepare the GL accounting entries and reconciliations related to the cost of goods sold and inventory in US domiciled Plants.

* Run weekly and monthly reports to ensure timely resolution and reconciling items.

* Complete monthly, quarterly, and annual close processes.

* Assist colleagues with execution of the annual physical count process.

* Ensure Inventory and Cost accounting properly follows all Company policies and procedures.

* Detailed review, analysis, and coding of cost of goods sold entries and invoices.

* Assist in maintaining the standard cost system in coordination with Operations to verify the accuracy and integrity of the bills of materials, manufacturing routings, and purchasing information records.

* Accountable for the recording and reporting of purchase price variances and manufacturing variances.

* Assist management with reporting Unit cost for manufactured productions and other variance analysis.

* Maintain collaborative relationships across functions and with external parties.

* Work with management on all requirements related to external financial audit and other third party compliance requirements (e.g. FDA / Quality procedures)

* Coordinate with Operations to ensure appropriate rigor in the physical inventory verification process, and the coordination with external auditors regarding the results of the control process.

* Work with Management on special projects as needed.

* Provide support to liaison with the Operations Function, improve and evolve the weekly / monthly operations reporting to ensure appropriate information is reported on a timely basis.

* Follow and maintain internal controls to safeguard companys assets and ensure transactions are executed in accordance with company guidelines.

What youll bring to the table

** Bachelors in Finance, Accounting, or related field.**

* Proven accounting knowledge and ability under US GAAP

* Team player with effective verbal and written communication skills

* Strong attention to detail.

* Strong accounting and analytical/problem solving skills

* Ability to multi-task working multiple projects that are complex in nature where professional judgment is required in solving problems and making recommendations.

* Excellence within MS Office Suite Excel (pivot, v-look up), PowerPoint, Word, Outlook

* Working knowledge of SAP or similar ERP system is preferred

* 1 to 3 years accounting experience in a public company environment is preferred.

What youll receive

* The satisfaction of driving real change in the industry and peoples lives .

* A diverse global community of people who are driven by a shared purpose to help patients .

* A business that acts with integrity in all interactions with co-workers, leaders and customers .

* We value others and build success by appreciating differences in thought, opinion, background, skills and perspectives .

* An environment of cont inuous learning and development.

* Flat organizational structures which elevate employees level of responsibility .

* Meaningful opportunities for professional development and mentoring .

* Competitive compensation package, including bonus .

* Exciting benefits package, including 18 days vacation; medical, dental and vision benefits; Student Debt Program; life insurance; and a 401(k) plan

Apply now Hit the Apply button to send us your resume and cover letter.

Bioventus requires proof that new hires be fully vaccinated against COVID-19, unless you are approved for a reasonable accommodation based on disability, medical condition, pregnancy, or religious belief that prevents you from being vaccinated where allowable under the law. Documentation is required to be uploaded within the first week of employment.

Bioventus is committed to fostering an inclusive and diverse community of employees with a strong sense of belonging. We believe we are bettered by all forms of diversity, and take pride in working with top talent from every walk of life. In the spirit of inclusivity, qualified applicants will be considered without regard to age, ethnicity, ability, gender, gender expression, gender identity, nationality, race, religion or sexual orientation. All individuals, regardless of personal characteristics, are encouraged to apply.

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