SCN BestCo · 3 months ago
Senior Cost Accounting Manager
Santa Cruz, CA
Full-time
Onsite
Senior Level, Lead/Staff
$169K/yr - $253K/yr
12+ years expSCN BestCo is a leading innovator, developer and manufacturer of Vitamin, Mineral & Supplement (VMS) products. The Senior Manager, Cost Accounting oversees a team responsible for providing financial and business partner support to the Operations, Supply Chain, and Quality organizations, ensuring accurate and timely costing and inventory information.
ManufacturingMedicalPharmaceutical
Responsibilities
Oversee all cost accounting activities to include developing annual budgets and standard product costs, performing a comprehensive and accurate month-end close, leading the monthly review of actual performance vs budget and identifying the drivers for major variances, providing periodic mid-year forecasts, and ensuring all appropriate financial and business control processes are in place and effective
Publish weekly flashes or dashboards to communicate current month operational and financial performance to management
Collaborate with Operations and Supply Chain to maintain a robust cycle count program with regular management updates and support periodic requests from outside auditors
Perform periodic inventory reserve reviews to ensure all appropriate reserves are in place and that management understands the underlying drivers behind changes to our reserve position
Partner with Operations to understand year-to-date performance vs. the annual capital expenditure (CapEx) plan. Provide appropriate support to justify new capital investment requests. Collaborate with the general accounting team to ensure that all fixed asset-related accounting activities (CIP, placement into service, asset dispositions) are performed timely and accurately
Partner with finance management to provide appropriate standard margin and gross margin reporting on a consistent basis with appropriate granularity (e.g., by product, by customer, etc.)
Perform periodic analyses on labor, materials, and overhead spending to ensure operations and finance management understand our key cost drivers and any areas of potential savings or potential risk
Partner with cross functional teams on projects to identify potential efficiency improvements
Develop and improve methods of calculating and controlling costs
Update processes and procedures
Manage, coach, hire, train, and develop the cost accounting team
Conduct performance reviews and manage individual performance
Oversee team and employee development
Organize training and development opportunities for direct reports
Recommend personnel actions
Communicate personnel actions following HR and department head approval
Ensure safety and quality standards are enforced and met
Partner with human resources to interview and screen potential new hires
Qualification
Required
Bachelor's degree in accounting or related field
12 years' professional experience in cost accounting, supply chain finance, or similar function
6 years' professional management and leadership experience
Prior manufacturing industry experience
Thorough understanding of all generally accepted accounting principles (GAAP) cost accounting concepts (e.g., Period vs. inventoriable costs, E+O, LCM)
Strong leadership, analytical, attention to detail, organization, prioritization, verbal, and written communication skills
Strong enterprise resource planning (ERP) system knowledge including understanding of the interdependency of various subledgers/modules (e.g., order entry, production planning, perpetual inventory, accounts payable/receivable, general ledger, fixed assets)
Proficiency with Microsoft Office including Excel, Word, and Outlook
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations
Must have the ability to communicate effectively, verbally and in writing, with internal staff and management
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the public
Must be able to demonstrate practical problem solving and trouble shooting skills. Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables
Preferred
MBA or graduate degree in a related field
Accounting certification (CPA, CMA, etc.)
ERP implementation experience
Benefits
Medical, dental, and vision plans
401(k) with employer matching contributions
Life insurance
Paid time off
Tuition reimbursement
Paid sick leave in accordance with applicable law
Company
SCN BestCo
SCN BestCo develops and manufactures pharmaceutical dosage forms for the OTC drug, vitamin, and supplement marketplace.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Ashley Hernandez
Human Resources Business Partner
Bernd Thomas
Chief Supply Chain Officer
Recent News
2024-12-11
Asia Food Journal
2024-05-21
Company data provided by crunchbase