Senior Cost Accountant
- Full-time
Job Description
Position Summary: Client is seeking a Senior Cost Accountant with strong manufacturing accounting experience in the medical device industry. Reporting to the Corporate Controller, this role will be responsible for cost accounting, inventory valuation, and financial reporting related to manufacturing operations. The ideal candidate brings deep knowledge of standard costing, cost of goods sold (COGS), and variance analysis, paired with hands-on NetSuite experience.
The Cost Accountant will play a key role in ensuring financial accuracy and transparency as Jupiter scales from product development through commercialization.
This is an in-office role.
Responsibilities
Cost Accounting & Analysis:
Develop, own and oversee standard costing, variance analysis, and cost allocations across manufacturing operations.
Establish and maintain cost accounting policies, procedures, and internal controls.
Lead and review monthly close activities related to inventory, COGS, and manufacturing variances including cost roll-ups and gross margin reporting.
Support cost-of-goods-sold (COGS) analysis for clinical and commercial products
Maintain accurate standard cost models for manufactured products in collaboration with cross-functional teams.
Analyze manufacturing variances, including purchase price, labor, and overhead variances, and report findings to management.
Reconcile inventory sub-ledgers to the general ledger and ensure accurate COGS reporting in line with U.S. GAAP.
Conduct inventory valuation reviews and analyze inventory trends, including obsolescence and slow-moving items.
Analyze production orders, and ensure timely recognition of manufacturing costs.
Inventory & Manufacturing Accounting:
Maintain accurate inventory valuation for raw materials, WIP, and finished goods.
Lead physical inventory counts and cycle count programs.
Partner with Manufacturing, Supply Chain, and R&D to understand cost drivers and improve cost accuracy.
Ensure proper capitalization and expensing of manufacturing-related costs.
Financial Reporting & Compliance:
Support monthly close activities related to inventory, COGS, and manufacturing variances
Ensure compliance with GAAP, SOX (if applicable), and internal controls.
Assist with audit requests related to inventory, cost accounting, and manufacturing transactions.
Support implementation and maintenance of ERP and cost accounting systems.
Serve as a primary point of contact for auditors on cost accounting and inventory-related matters.
Prepare and post journal entries related to inventory, accrued costs, and cost adjustments.
Ensure accurate financial reporting through account reconciliations and variance analysis.
Support corporate accounting in month-end close and reporting cycles.
Budgeting & Forecasting:
Assist in manufacturing cost forecasts and annual budgets.
Monitor actual costs versus budget and provide variance analysis.
Support long-range planning related to scale-up, tech transfer, and commercialization.
Process Improvement & Cross-Functional Collaboration:
Partner with operations, manufacturing, and supply chain to enhance cost visibility and streamline accounting processes.
Drive continuous improvement initiatives in cost tracking, reporting accuracy, and financial system utilization.
Support audit activities and ensure strong internal controls for manufacturing accounting.
Qualifications:
Bachelor's degree in Accounting, Finance, or a related field.
7+ years of cost accounting experience in a manufacturing environment, preferably in the medical device industry.
Strong understanding of standard costing, inventory accounting, and variance analysis
Experience working with ERP systems – NetSuite is highly desirable.
Strong understanding of U.S. GAAP and cost accounting principles (standard costing, variance analysis, absorption costing).
Proficiency in Excel and ability to analyze large data sets efficiently.
Exceptional accuracy, attention to detail, and organizational skills.
Strong communication and collaboration abilities to interface with cross-functional teams in a dynamic startup environment.
High attention to detail and accuracy.
Strong analytical and problem-solving skills.
Ability to manage multiple priorities in a fast-paced environment.
Experience supporting clinical stage to commercial transition.
Additional Information
All your information will be kept confidential according to EEO guidelines.