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Cost Accountant

1 month ago

Central Islip, New York, United States Cipla Full time
About Cipla

Cipla is a leading global pharmaceutical company, dedicated to delivering high-quality, branded, and generic medicines to healthcare professionals and patients worldwide. With a strong presence in India, South Africa, the U.S., and other emerging markets, we have established ourselves as a trusted partner in the pharmaceutical industry.

Job Title: Cost Accountant

As a Cost Accountant at Cipla, you will play a critical role in ensuring the accuracy and efficiency of our financial operations. Your primary responsibilities will include:

Key Responsibilities:
  • Conducting inventory analysis and accounting to ensure accurate valuation and reconciliation.
  • Preparing and maintaining material COGS reconciliation and inventory ageing analysis.
  • Reviewing existing controls around inventory and product costing to identify areas for improvement.
  • Evaluating procurement and consumption of excipients, stores, and spares to optimize inventory levels.
  • Ensuring timely GRN of goods and following up with the warehouse team on any delays.
  • Managing product costing sheets for all products with live updates of cost data.
  • Reviewing and updating costing information, including recipe and cycle time, to ensure up-to-date product costing.
  • Computation of key activity rates for overheads costing and inventory valuation.
  • Supporting monthly and year-end book closing and financial statement finalization.
  • Preparing and analyzing reports and schedules for audit and analysis.
Requirements:
  • BS in Accounting or Finance.
  • Minimum 5 years of quality work experience in a manufacturing setup or plant-based role.
  • Strong technical background and knowledge of GAAP.
  • Solid written and verbal communication, analytical, and management skills.
  • Knowledge of SAP ERP is required.
  • Proficiency in Microsoft Office Suite (Excel, Word, & PowerPoint).
What We Offer:

Cipla offers a comprehensive benefits package, including a 401(k) savings plan and matching, health insurance, flexible spending account, paid time off, paid holidays, short-term disability, long-term disability, parental leave, paid and unpaid family leave, employee discounts, and other benefits.

No remote work is available for this position. Relocation is available.

Cipla USA and its U.S. Affiliates are committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.