Summit Therapeutics, Inc. · 4 hours ago
Associate Director, Cost Accounting
Menlo Park, CA
Full-time
Onsite
Lead/Staff, Director/Executive
$174K/yr - $204K/yr
8+ years expSummit Therapeutics Inc. is a biopharmaceutical oncology company focused on improving quality of life and addressing serious unmet medical needs. The Associate Director, Cost Accounting will play a key role in the accounting function, supporting monthly and quarterly closing activities, audit, and inventory management.
BiotechnologyHealth CareMedical DeviceTherapeutics
Hiring Manager
Lacey Marakis
Responsibilities
Establish and manage full product cost accounting. Including inventory cost adjustments, average cost analysis, inventory reserve management
Complete inventory journal entries, balance sheet reconciliations, variance review, inventory analysis
Coordinate physical inventory counts and cycle counts to ensure accurate reporting
Oversee the standard cost set-up, lead the monthly COGS analytics and actual cost variances
Manage monthly meetings and partner with CMC and Supply Chain to analyze inventory for potential excess and obsolete reserves and make related entries in accordance with the company’s policies
Develop and maintain a methodology for calculating and applying material costs, labor costs, and overhead rates as required by generally accepted accounting principles
Support business partners in their daily tasks, while collaboratively seeking opportunities for continued process improvement
Ensure a strong internal control environment for the assigned business areas
All other duties as assigned
Qualification
Required
Bachelor's degree is required
Minimum 8+ years of relevant experience
Demonstrated ability to operate in a fast-paced environment
Leadership ability, with a track record of building and motivating high-performing teams
Exceptional writing, communication, interpersonal & presentation skills
Attention to detail, accuracy and confidentiality
Excellent organizational, management, analytical & decision-making skills
An ability to work well cross functionally and across geographies
Impeccable integrity and a strong work ethic
Benefits
Bonus
Stock
Benefits
Other applicable variable compensation
Company
Summit Therapeutics, Inc.
Summit Mission Statement: To build a viable, long-lasting health care organization that assumes full responsibility for designing, developing, trial execution and enrollment, regulatory submission and approval, as well as successful commercialization of patient, physician, caregiver, and societal-friendly medicinal therapy intended to: improve quality of life, increase potential duration of life, and resolve serious medical healthcare needs.
201-500 employees
H1B Sponsorship
Summit Therapeutics, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (3)
2024 (6)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.79BKey Investors
CARB-XEurofarmaBiomedical Advanced Research and Development Authority (BARDA)
2025-10-21Post Ipo Equity· $500M
2024-09-11Post Ipo Equity· $235M
2024-06-03Post Ipo Equity· $200M
Leadership Team
Manmeet Soni
Chief Operating Officer and Board Member
Recent News
2025-12-09
2025-12-05
Company data provided by crunchbase