Cost Accounting Manager

2 days ago


Rancho Santa Margarita, California, United States Applied Medical Full time
Job Title: Cost Accounting Manager

Applied Medical is a leading medical device company with a strong commitment to innovation and excellence. We are seeking a highly skilled Cost Accounting Manager to join our team.

Job Summary:

The Cost Accounting Manager will be responsible for managing the financial closing process, preparing and reviewing journal entries and account reconciliations, and providing explanations for fluctuation analysis of worldwide gross margins. The successful candidate will have a comprehensive understanding of manufacturing variances, overhead absorption, and standard costs.

Key Responsibilities:
  • Manage monthly, quarterly, and annual financial closing process for costing and inventory modules
  • Prepare and review inventory and cost accounting journal entries and account reconciliations
  • Provide explanations for fluctuation analysis of worldwide gross margins
  • Review manufacturing variances and collaborate with operations teams to reduce them
  • Generate accurate and timely inventory and costing reports for operations teams
  • Analyze standard costs and review standard cost roll-ups for new products and production operations
  • Investigate and resolve large variances before finalizing rolling standards
  • Collaborate with operations teams to analyze inventory for potential excess and obsolete reserves
  • Interact with internal/external auditors and provide analysis and audit schedules
  • Ensure compliance with internal control procedures
  • Provide management oversight to the cost accounting team and offer informal feedback and coaching
  • Conduct annual performance reviews for team members
Requirements:
  • Bachelor's degree in Accounting or Finance with an emphasis in Accounting
  • At least five years of experience using a standard cost model in a manufacturing industry
  • At least three years of hands-on management experience, including overseeing and supervising cost accountants
  • Comprehensive understanding of manufacturing variances, overhead absorption, and standard costs
  • Detailed experience with inventory and Cost of Goods Sold (COGS) accounts reconciliations and related accounting
  • Experience with month-end closing and working in a fast-paced environment
  • Experience with inventory cycle count process
  • Advanced skills in Microsoft Excel, creating Pivot Tables, V-LookUps, data merges, filters, and if statements
  • Advanced Microsoft Word skills
  • Excellent written and verbal communication skills and ability to communicate with a variety of other functional areas including operations, material planning, and warehouse teams
Preferred:
  • Experience with Systems, Applications, and Products in Data Processing (SAP)
Benefits:

The base compensation range for this role is $130,000 per year. The total compensation package may also include bonuses and/or other applicable incentive compensation plans. Our total reward package includes training and mentorship, on-campus wellness activities, comprehensive medical and dental and vision coverage, education reimbursement program, 401(k) program with discretionary employer match, generous vacation accrual and paid holiday schedule.


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