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Cost Management Accountant

2 months ago


Madison, Wisconsin, United States The Ladders Full time
JOB TITLE: Cost Accountant
DEPARTMENT: Finance
FOCUS: Cost Accounting and support for the accounting team

JOB SUMMARY
For over 25 years, Mirus Bio has been at the forefront of developing transfection reagents and proprietary technologies for nucleic acid delivery applications. We pride ourselves on our innovative and agile approach, which allows us to adapt to the latest trends in the industry. Our work is both technical and pioneering, fostering a culture that values creativity, initiative, accountability, and respect. Our dedicated team is motivated by the goal of empowering our customers to achieve excellence in scientific research.

OUR MISSION: Empower Discovery. Enable Innovation. Improve Life.

Mirus Bio is seeking a skilled Cost Accountant to join our finance team, reporting directly to the Director of Finance. The primary responsibility of this role will be to manage and oversee the cost accounting processes and reporting within our ERP system, ensuring compliance with generally accepted accounting principles (GAAP). The Cost Accountant will conduct in-depth analyses comparing estimated costs to actual costs and prepare various budget reports. This role will also involve collaboration with departments such as Product Development, Operations, and Quality.

The secondary responsibility will include providing support to the accounting team. Responsibilities may vary and will likely encompass assisting in the preparation of financial reports, month-end and quarter-end close processes, budgets, and forecasts, as well as offering support for critical accounting functions.

We are looking for a proactive individual who thrives in a collaborative and fast-paced environment. If you are eager to contribute to the future of our industry and be part of a team that continuously pushes boundaries, we encourage you to consider this opportunity. This is a full-time on-site position that requires cross-functional collaboration with all departments within Mirus Bio.

DUTIES & RESPONSIBILITIES
  • Cost Accounting
    • Ensure robust cost accounting processes are understood and adhered to across relevant functions.
    • Establish and maintain Bills of Materials (BOMs), routing, labor, and overhead rates.
    • Determine fixed costs such as salaries, rent, and insurance.
    • Forecast, plan, and document variable costs including raw material purchases, labor, and operational expenses, with a keen understanding of industry standards regarding Cost of Goods Sold (COGS).
    • Analyze actual costs against estimated costs, identify discrepancies, and report on variances.
    • Review and report actual profit margins at both product family and SKU levels.
    • Prepare necessary departmental and company-wide budgeting reports.
    • Enhance and implement financial controls to ensure accurate accounting of assets and accounts.
    • Become proficient in the ERP system, addressing transactional issues as they arise and leading improvements and upgrades.
  • Staff Accounting
    • Provide support and backup for Accounts Payable (A/P), Accounts Receivable (A/R), and Payroll.
    • Assist with month-end financial closing processes, including account reconciliation for accuracy, particularly inventory.
    • Prepare financial reports and various accounting statements.
    • File tax forms with federal, state, and local agencies.
    • Assist with audits by gathering necessary account information and documentation.
    • Take ownership of various projects as needed.
    • Exhibit behavior consistent with the Mirus Bio Employee Handbook.
    • Perform other duties as assigned by your supervisor.
REQUIREMENTS
Education:
  • Bachelor's degree in accounting or a related field is required.
Professional:
  • A minimum of three years of experience in cost accounting is required.
  • Strong verbal and written communication skills.
  • Proficient in Microsoft Office Suite.
  • Experience with ERP systems, preferably Microsoft Business Central.
  • Comprehensive understanding of accounting procedures and GAAP.
  • Excellent analytical and organizational skills with a strong attention to detail.
  • Ability to manage confidential information.
This position offers a competitive salary range based on experience.

OUR CORE VALUES
Mirus Core Values:
  • Empower
  • Passion
  • Integrity
  • Compassion
  • Collaboration
  • Innovation
Our commitment is to provide our customers and the scientific community with the best transfection products, methods, and applications.

Mirus offers a comprehensive benefits package that includes health care, paid time off, retirement savings, and opportunities for professional development.

Mirus Bio is an equal opportunity employer dedicated to fostering diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by applicable laws.

This commitment applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, and training. Mirus Bio makes hiring decisions based solely on qualifications, merit, and business needs at the time.

The functions described above are representative of the types of work performed by employees in this job classification. Management reserves the right to modify, change, or rescind work assignments and to make reasonable accommodations as needed. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.