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Nautilus Biotechnology · 17 hours ago

Cost Accounting Manager

San Carlos, CA

Full-time

Onsite

Mid, Senior Level

$111K/yr - $162K/yr

6+ years exp

Nautilus Biotechnology is an early-stage biotech company focused on improving health through advanced protein analysis. The Cost Accounting Manager will oversee inventory and COGS accounting, manage standard cost rolls, and collaborate across departments to enhance manufacturing cost accounting practices.

BiotechnologyHealth CareLife SciencePharmaceutical

Responsibilities

Oversee and assist with execution of the daily operations of inventory and COGS accounting transactions

Responsible for all aspects of standard cost rolls including component cost updates, overhead rates, bill of materials review, and routing maintenance (including labor costs and subcontract processing). This includes quarterly standard cost validations and revaluations

Perform month end accounting close and reporting duties (i.e., prepare journal entries and monthly Balance Sheet account reconciliations) specifically related to inventory. Ensure accurate inventory valuation on the balance sheet and establish required reserves. Prepares quarterly internal and external audit controls and backup

Perform analysis on spending and absorption, purchase price variance, work orders (production variances), inventory driven costs (Scrap, E&O, cycle count, etc.) for the monthly scorecard and plant (site) package. Work with Purchasing and Operations to investigate the variances

Develop and monitor the cycle count program, review adjustments, investigate root causes, and work with relevant functions to develop control plans

Business Partnering: Act as a trusted thought partner to manufacturing and operations leaders, providing financial perspective to support planning and decision-making

Collaborate with operations to convert demand forecasts into production plans, standard cost assumptions, and inventory targets, including analysis of variances versus actual results

Partner with operations and quality management to ensure inventory movement transactions are properly recorded

Maintain inventory / COGS related data and system attributes within NetSuite. Responsible for review of item records/maintenance by Operations

Identify and implement improvements in inventory control and costing processes to enhance efficiency, accuracy, and internal controls

Assist the Company as we move from pre-commercial to commercial stage specifically in inventory/cost accounting

Execute the accounting processes and activities across the organization to ensure compliance with the U.S. GAAP, internal policies, and external audits

Maintain a strong internal control environment and prepare documentation in accordance with Sarbanes-Oxley 404 internal control (SOX) policies and procedures. Coordinating implementation of accounting controls processes or new systems as needed

Promote a culture of continuous improvement and operational innovation as well as continue to grow the accounting team with the Company. Partner with third party vendors for appropriate software, tools and services for the Company

Participate in or lead ad-hoc tasks/projects, as needed

Qualification

Cost accountingGAAP knowledgeNetSuiteFinancial analysisInventory managementAnalytical skillsProblem-solvingTeamworkContinuous learning

Required

A minimum of 6+ years of related work experience in cost accounting, preferably in manufacturing or biotechnology, holding similar responsibilities

Degree in Finance or Accounting, or equivalent experience

Solid knowledge of GAAP related to inventory and COGS required

Experience working with enterprise financial systems (NetSuite is a plus)

Ability to solve and analyze problems, multi-task, meet deadlines, and learn new skills and systems

Strong analytical skills and proficiency in Excel

Detail-oriented, ability to thrive in a fast-paced environment and able to perform tasks both in a team as well as individually. Successful experience with inter-departmental teamwork

Desire for continuous learning and flexibility to work in multiple areas