Sr Accountant

Who We Are

BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.

Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.

Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we've produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.

About Technical Operations

BioMarin's Technical Operations group is responsible for creating our drugs for use in clinical trials and for scaling production of those drugs for the commercial market. These engineers, technicians, scientists and support staff build and maintain BioMarin's cutting-edge manufacturing processes and sites, provide quality assurance and quality control to ensure we meet regulatory standards, and procure the needed goods and services to support manufacturing and coordinating the worldwide movement of our drugs to patients.

BioMarin is seeking a highly motivated Senior Cost Accountant to join our Technical Operations (TOPS) Finance team. The Senior Cost Accountant will be part of the Consolidated Reporting team within the TOPS Finance organization. This team has global responsibility for TOPS reporting including inventory costing, excess & obsolescence, SOX compliance, US GAAP audits, intercompany profit elimination and balance sheet reconciliations. The Senior Cost Accountant will be part of a team responsible for global manufacturing and supply chain finance operations for BioMarin's products throughout multiple stages of production and distribution.

This position will be a key member of a cross-functional accounting team, collaborating extensively with regional and global finance teams and technical operations teams.

RESPONSIBILITIES

• Month-end close responsibilities include appropriate treatment of operating overhead, balance sheet reconciliations in accordance with US GAAP and submission of close deliverables.
• Accounting for manufacturing activity including material purchases, overhead absorption and contract manufacturing costs.
• Ensure correct accounting for Buy/Sell entities and all intercompany inventory transactions, including calculating and recording Profit in Inventory (PII) eliminations.
• Develop an understanding of material flow from bulk manufacturing through to fill/finish stage to ensure accuracy of inventory values.
• Monitor production plans for bulk manufacturing and CMO activity to ensure accurate inventory valuation and completeness of overhead absorption.
• Conduct data mining and analysis, interpreting and communicating information to relevant stakeholders in a meaningful and actionable way.
• Evaluate inventory balances for excess and obsolescence and determine need for inventory reserves.
• Review and analyze inventory variances on a monthly basis and work with business functions to understand drivers.
• Participate in the annual standard cost setting process.
• Assist with preparation of consolidated financial management reporting for TOPS for balance sheet and P&L inventory areas.
• Review and maintain cycle counts and initiate action on any discrepancies. Work closely with CMO, supply chain and manufacturing departments to ensure inventory accuracy at all locations.
• Maintain internal controls in line with corporate standards, GAAP and Sarbanes Oxley requirements. Work with internal and external auditors as required.
• Establish relationships with Corporate & Regional Finance teams to ensure all reporting requirements are performed timely and accurately.
• Represent TOPS Finance in local and global projects and initiatives. Engage in continuous improvement initiatives to drive process efficiencies and participate in transformation projects as required.
• Collaborate with ERP and global finance teams to identify and introduce process enhancements to improve efficiency.
• Interact and collaborate effectively within workgroup and area of expertise. Participate effectively on cross-functional teams, offering views and actively solicits ideas from others in seeking sound business solutions.
• Encourage others in fostering effective teamwork. Demonstrate very strong customer service orientation.

EDUCATION

ACA/ACCA/CIMA/CPA qualification.

EXPERIENCE

• Experience in a multi-national organization is required and costing experience highly desirable.
• Demonstrate experience in process improvement initiatives and working on own initiative.
• Knowledge of US GAAP, Sarbanes Oxley and internal control environment desirable.
• Experience with an integrated ERP system, general ledger functions, sub-ledger processes, and period closing. Understanding of relationship of other accounting functions to manufacturing accounting. Oracle and/or SAP experience is a distinct advantage.

Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.

Equal Opportunity Employer/Veterans/Disabled

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

In the U.S, the salary range for this position is $ 31 to $ 50 per hour. The base pay actually offered will take into account internal equity, and may also vary depending on candidate's geographic region, job-related knowledge, skills, and experience amongst other factors. The salary range for this position is: $31 to $50. BioMarin considers a variety of factors when determining base compensation, including experience, qualifications, and geographic location. These considerations mean actual compensation will vary. This position may also be eligible for a discretionary annual bonus, discretionary stock-based long-term incentives (eligibility may vary based on role), paid time off, and a benefits package. Benefits include company-sponsored medical, dental, vision, and life insurance plans.

For additional benefits information, visit:

• Eligible employees may participate in benefit plans, subject to the terms and conditions of the applicable plans.