Vertex Pharmaceuticals · 18 hours ago
Director, Cost Accounting
Boston, MA
Full-time
Hybrid
Director/Executive
$178K/yr - $266K/yr
10+ years expVertex Pharmaceuticals is a global biotechnology company that invests in scientific innovation. The Director, Cost Accounting leads financial close accounting, analysis, and reporting, while also building an operational strategy to support the growth of the Cost Accounting function in alignment with company objectives.
BiotechnologyHealth CareMedicalPharmaceutical
Responsibilities
In collaboration with functional leaders, develops the overall strategy for cost accounting. Creates a framework to support the growth of the function and company, establishes/oversees related goals and objectives
Approves and affirms the completeness and accuracy of month-end close tasks; is accountable for overseeing all related journal entries, balance sheet reconciliations, financial flux, key judgements, internal controls and management reporting
Identifies the need for new/updated policies, technical accounting memos, SOPs and internal controls. Develops and implements accounting policies and procedures with respect to inventory and inventory related accounts. Provides technical guidance, mentoring, and ensures consistent application of cost accounting principles
Leads a cost accounting team of professionals and managers; sets team goals, objectives, staffing, roles and responsibilities; monitors performance; coaches and provides feedback
Collaborates with supply chain leaders to develop appropriate cost accounting strategies for capturing supplier reconciliations, production schedules, contracts, inventory movements and related matters to ensure inventory is fairly stated on the balance sheet
Champions and oversees research on cost accounting questions and special projects
Delivers compelling presentations to senior / cross functional teams, tailoring the conversation to specific audiences and situations. Demonstrates ability to balance presentations to manage differing points of view
Ensures global operational processes and transactional activities balance both business and financial needs
Ensures project alignment with functional and corporate strategy
Mobilizes resources needed to address business needs and effectively realigns resources and implements tactics to meet shifting needs and priorities
Oversees the deliverables for quarterly reviews and annual audits performed by internal and external auditors
Identifies and cultivates productive relationships with business partners and stakeholders
Provides leadership and takes accountability for identifying and driving process/ systems improvement initiatives
Serves as management sponsor for cross-functional projects and process enhancements
Manages a team of cost accounting professionals; sets team goals, monitors performance and provides effective coaching and feedback
Oversees preparation of key ad-hoc reporting and analysis requested by senior leadership
Consistently improves process and functional performance through innovative approaches to challenges. Fosters the culture of improvement and technology expertise amongst the Team
Qualification
Required
Comprehensive and strategic understanding of accounting principles
Expert knowledge of relevant systems / software
Advanced Excel skills and use of Oracle EBS, or similar ERP systems
A highly skilled manager, has the ability to successfully plan, prioritize, and manage multiple complex initiatives key to success of the function
Ability to help drive organizational change through addressing processes, systems, structures and cultural issues
Experience in leading highly complex projects that cross multiple functions; skilled at navigating difficult collaborations, and persuading others to adopt a different point of view or bring them to consensus
Demonstrated ability to frame and communicate complex technical analyses or initiatives to a variety of technical or non-technical stakeholders. Expertise in translating data and analyses into effective and persuasive messaging and convincing leaders to take action
Ability to transform functional strategy into operational goals and objectives for assigned team members
Skilled at managing a diverse team, motivating high performance and contribution through effective coaching and mentoring; skilled at assessing team member skills and interests to allocate assignments, drive training and encourage their career development
Certified Public Accountant (CPA) or Certified Management Accountant (CMA)
Bachelor's degree in Accounting or Finance, or related discipline
Typically requires 10 years of experience in a corporate finance/accounting department, public accounting firm or the equivalent combination of education and experience
Supervisory experience required
Benefits
Medical, dental and vision benefits
Generous paid time off (including a week-long company shutdown in the Summer and the Winter)
Educational assistance programs including student loan repayment
A generous commuting subsidy
Matching charitable donations
401(k)
Company
Vertex Pharmaceuticals
Vertex Pharmaceuticals is focused on the discovery and development of small molecule drugs for the treatment of serious diseases.
5001-10000 employees
H1B Sponsorship
Vertex Pharmaceuticals 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 (188)
2024 (150)
2023 (111)
2022 (164)
2021 (112)
2020 (80)
Funding
Current Stage
Public CompanyTotal Funding
$657.31MKey Investors
Janssen Belgium
2024-07-10Post Ipo Secondary· $1.11M
2022-05-17Post Ipo Equity· $50M
2009-12-03Post Ipo Equity· $443M
Leadership Team
Reshma Kewalramani
CEO and President
Nina Devlin
Senior Vice President, Chief Communications Officer
Recent News
2026-01-23
Benzinga.com
2026-01-23
2026-01-22
Company data provided by crunchbase