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Miltenyi Biotec · 1 week ago

Manager, Cost Accounting *PC 691

Gaithersburg, MD

Full-time

Onsite

Mid, Senior Level

$102K/yr - $120K/yr

5+ years exp

Miltenyi Biotec is a company focused on revolutionizing biomedical research, and they are seeking a Manager of Cost Accounting to lead the Cost Accounting team. This role involves overseeing cost accounting activities, managing month-end close processes, and supporting budget preparation while collaborating with various stakeholders.

BioinformaticsBiotechnologyHealth CareMedical

Hiring Manager

Shannon Harney

Responsibilities

Lead and support investigations into root causes of inventory cycle count variances, implementing corrective actions to resolve discrepancies

Mentor and manage a team of cost accountants, fostering a collaborative and high-performance work environment

Partner with cost center managers to drive cost reduction initiatives through strategic data analysis and reporting

Perform month-end journal entries as part of the month-end closing process

Reconcile Goods Receipt/Invoice Receipt (GR/IR) accounts, identify variances, and implement corrective measures

Analyze actual manufacturing costs and prepare periodic reports comparing them to standard costs

Calculate standard product costs and analyze cost variances using SAP

Develop and update Activity Rates in SAP to ensure accurate cost allocation

Apply and have a deep understanding of GAAP principles

Collaborate with Cost Accounting and Financial Accounting teams during month-end close, financial analysis, and annual budget development

Lead special projects and ad hoc duties as assigned

Qualification

Cost AccountingSAPFinancial ReportingMicrosoft ExcelGAAP PrinciplesAnalytical SkillsProblem-Solving SkillsTeam LeadershipDetail-Oriented

Required

Bachelor's degree in finance, Accounting, or a related field with 5 years of Cost Accounting/Controlling and 1-3 years of supervisory experience in a biotech, pharmaceutical or a related industry

Demonstrated expertise in SAP Production Planning and Controlling (PP&C) and Financial Accounting (FI) modules, with a focus on reporting, process optimization, and end-user training

Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data visualization

Deep understanding of cost accounting principles, financial reporting standards, and internal control frameworks

Exceptional analytical and problem-solving skills, with a proven ability to collaborate effectively across departments and with global teams

Track record of successful team leadership, driving alignment with departmental and organizational goals

Highly organized and detail-oriented, ensuring accuracy and consistency in all deliverables