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Lead Cost Accounting Strategist
2 months ago
We appreciate your interest in exploring opportunities with Dechra.
Dechra is a prominent global entity specializing in veterinary pharmaceuticals. Our focus lies in the creation, production, marketing, and distribution of high-quality products exclusively for veterinary professionals worldwide.
At Dechra, our core values are deeply ingrained in our culture and resonate within our team of nearly 2000 colleagues across the globe. Our principles of (D)edication, (E)njoyment, (C)ourage, (H)onesty, (R)elationships, and (A)mbition guide our daily operations and business practices.
Key Responsibilities
In this role, reporting to the Site Finance Business Partner, you will play a crucial part in supporting the Finance department, collaborating with various teams, and contributing to the achievement of tactical goals that align with our divisional and corporate strategies. Your responsibilities will include:
- Overseeing accurate inventory valuation from a physical inventory standpoint for all on-hand inventories. Lead the comprehensive annual physical inventory across the company and manage the monthly physical inventory of finished goods.
- Ensuring precise inventory valuation from a pricing and standard costing perspective, with regular updates to standard costs for raw materials and finished goods.
- Managing inventory valuation concerning excess and obsolescence exposure and lower of cost or market (LCM) considerations.
- Guaranteeing that all manufacturing expenses are accurately recorded in the appropriate accounting period.
- Completing all accounting close tasks promptly.
- Analyzing variances in manufacturing, spending, and operational performance.
- Preparing monthly operational reports that highlight manufacturing performance metrics and inventory status (including raw materials shelf life, months of inventory on hand, excess and obsolescence, etc.).
- Collaborating with external financial auditors to support and clarify the valuation and reporting of inventory and cost of goods sold in financial statements.
- Participating in weekly management meetings to discuss business performance.
- Working closely with operations and quality management to ensure accurate recording of inventory transactions.
- Partnering with operations management to conduct capacity planning.
- Driving enhancements in the purchasing and cost accounting processes to ensure effective segregation of duties, process efficiency, and robust preventive and detective controls.
At Dechra, we value diversity and inclusivity in our workforce and welcome candidates from all backgrounds. We are particularly interested in individuals who possess:
- A Bachelor's degree in accounting or finance, with a strong emphasis on cost accounting coursework.
- Desirable CMA designation.
- A minimum of 5 years of experience as a cost accounting manager within a manufacturing setting, with a preference for experience in pharmaceutical manufacturing.
- Proficiency in Microsoft Office applications, particularly Excel, and familiarity with ERP systems.
- A solid understanding of cost accounting principles.
- Exceptional verbal and written communication skills.
We are committed to a people-first, values-driven culture that prioritizes the physical and mental well-being of our employees. We offer flexible work arrangements and a competitive employer 401k match, along with comprehensive salary packages designed to promote financial wellness. Our extensive range of health, financial, and voluntary benefit programs reflects our recognition as a Best Place to Work.