Product Cost Accounting Manager

3 weeks ago

Morristown, Tennessee, United States TriOptus LLC Full time
Job Summary

As a highly skilled Manager of Inventory Accounting and Reporting, you will be responsible for assisting multiple aspects of the accounting and reporting for goods, as well as reporting for inventories in production at plant facilities. This role requires a strong understanding of financial accounting and reporting, auditing, and financial process engineering, with a focus on control and compliance.

Key Responsibilities

  • Manage month end close review process by reviewing account reconciliations and performing checks by running a month over month balance sheet analysis and write off analysis. Ensure all balance sheet and income statement inventory accounts are correctly represented at month end.
  • Manage the Product Margin Reporting (PMR) process, including cost, BoM, Income Statement and Inventory download, analysis and upload.
  • Manage Product costing in SAP by creating excel templates and running costing cycles in SAP. Manage the product cost budgeting process, prepare and run budget costing cycles and upload into NPMR.
  • Help drive operational excellence with full alignment with all business, compliance and audit requirements.
  • Manage monthly inventory reserve process, including booking auto trade reserve program and manual journal entries. Manage product reval/deval impacting inventory reserves.
  • Collaborate with stakeholders, including cross-divisional business colleagues, both internal and external accounting authorities/auditors, and Division and Group Financial Reporting and Accounting, and ensure appropriate communication with these stakeholders when questions regarding Inventory accounting/reporting matters arise.
  • Ensure the effective application of related control procedures within the Inventory Accounting function.
  • Provide timely statutory and country reporting information to internal and external stakeholders, including regional finance officers.
  • Manage compliance and audit reporting processes, provide analysis of financial information (monthly, quarterly and annual data) and ensure provision of necessary data to internal and external authorities.
  • Reporting of technical complaints / adverse events / special case scenarios related to products within 24 hours of receipt.

Requirements

  • Undergraduate degree in Accounting and/or Finance
  • 5+ years of financial experience, preferably in Big 4 public accounting, and the healthcare industry
  • Extensive knowledge of IFRS (GAAP), accounting and financial reporting requirements
  • Strong Enterprise systems knowledge (SAP) and strong proficiency in Microsoft Excel
  • Significant experience in financial accounting and reporting, auditing and financial process engineering, with record of strong control focus
  • Work effectively in a multi-national, matrix organization, and build mutually productive business partner

Desirable Requirements

  • CPA and/or CMA
  • Advanced degree in Finance, Accounting or Business

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