Cost Controller Manager
3 weeks ago
As a key member of the Ferring Pharmaceuticals Inc. team, we are seeking a highly skilled Cost Controller Manager to join our Parsippany, NJ location. In this role, you will be responsible for managing and developing item-level standard costs, preparing and analyzing manufacturing financial variances, and managing monthly book closing processes and internal controls. You will also be responsible for calculating cost estimates for new product launches and line extensions, maintaining costing master data, and providing backup of journal entries to the shared service accounting team.
Responsibilities:
- Manage and develop item-level standard costs and associated processes
- Prepare, report, and analyze manufacturing financial variances
- Manage monthly book closing processes and internal controls
- Calculate cost estimates for new product launches and line extensions
- Maintain costing master data
- Provide backup of journal entries to the shared service accounting team
- Responsible for inventory management
- Assist in development of forecasts and annual budget
- Liaise with manufacturing and supply chain to improve productivity
- Support Financial Controller with ad-hoc analysis requests
- Manage yearly external audit and quarterly internal audit assessments
- Calculate transfer prices for items and provide tax cross-charges calculations to verify profit ranges
- Prepare monthly cash flow to verify available cash for supplier payments
- Prepare ROI for new projects to assist in decision-making
Requirements:
- Bachelor's degree in Accounting, Finance, or relevant field
- Minimum five years of manufacturing cost accounting experience in a manufacturing facility
- Proficiency in financial analysis, budgeting, and cost accounting methodologies
- Strong ERP and systems knowledge (SAP a plus)
- Excellent understanding of Microsoft Excel, Word, and PowerPoint
- Ability to interact with various levels of leadership
- Excellent communication and interpersonal skills
- Attention to detail and strong analytical skills
- Ability to adapt to changing priorities
- High degree of tenacity and efficiency-oriented
- Ability to work within stringent deadlines
About Ferring:
Ferring Pharmaceuticals Inc. is a privately-owned, biopharmaceutical company that pioneers and delivers life-changing therapies to help people build families and live better lives. We are a recognized leader in the industry, identified as one of the 'World's Most Innovative Companies' by Fast Company and honored by Fortune with inclusion on its 'Change the World List.' We offer a competitive total compensation package, including comprehensive healthcare, a 401(k) plan, and company match, as well as opportunities for professional growth and development.
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