BioCryst Pharmaceuticals
Sr. Cost Accounting Manager
This job is now closed
Job Description
- Req#: SRCOS002039
- Responsible for accurate and timely completion of monthly/quarterly cost accounting tasks including:
- Inventory costing, reserve analysis, cost of goods sold, overhead calculation and cost adjustments.
- Capitalization rules surrounding inventory accounting.
- Preparation/ Review of all inventory-related journal entries & Balance sheet reconciliations at month-end.
- Partner with SCM to ensure accounting for 3rd party contract manufacturers is done in accordance with the contracts.
- Collaborate with Operations Team on timely and accurate reconciliation of external inventory against internally tracked perpetual balances.
- Maintain and ensure ongoing compliance with accounting policies, procedures and SOX Controls.
- Responsible for SOX 404 inventory compliance including:
- Internal control design and documentation.
- Walkthroughs and testing of controls by both external auditors and our internal audit firm, including preparation of support for all requests.
- Develop policies, processes, templates and best practices to standardize and streamline related business processes.
- Develop and prepare effective analyses of inventory and cost of goods sold actual results and related variances.
- Collaborate with other finance team members and Supply Chain team to ensure timely and accurate reporting of inventory data and continuous improvement and automation of transactions.
- Manage quarterly external audit deliverables and provides support, as needed, related to inventory, quarterly reviews and cost of sales.
- Partner with Supply Chain on the planning and execution of annual physical inventory counts for each location globally including analysis and reporting of results.
- Maintain documentation required to support 10-Q/10-K financial statement presentation of inventory and cost of goods sold.
- Collaborate with IT team on system improvements and enhancements.
- Other duties as assigned.
- Undergraduate degree in Accounting or Finance with 7 years of accounting/finance experience or an equivalent combination of education and experience.
- 5+ years of cost accounting experience with 3+ years being in the pharmaceutical/biotech industry
- Active CPA license.
- Experience in a fast-paced commercial, publicly traded company required. Experience working in a multi-currency, multi-country environment strongly preferred.
- Big 4 audit experience preferred.
- Experience with Oracle ERP (Oracle Fusion a plus) strongly preferred
- Thorough knowledge and understanding of cost accounting/inventory related functions and U.S. GAAP, including cutoff and accruals with the ability to work closely with other departments to ensure completeness and accuracy of all accrued expenses related to manufacturing.
- Previous oversight of cost accounting month-end closing procedures including financial statement flux analysis and reconciliation of balance sheet accounts. (FloQast/Blackline experience preferred)
- Skilled in Microsoft Office (advanced Excel preferred).
- Self-motivated with the ability to work independently to manage multiple priorities and creatively determine solutions.
- Effective written and oral communication skills, ability to present financial information in a meaningful and understandable way.
- Detail oriented with the ability to accomplish multiple tasks within deadlines through effective prioritization of duties and functions
- Able to build strong cross-functional relationships
- Experience leading and driving process improvements.
COMPANY :
At BioCryst, we share a deep commitment to improving the lives of people living with complement-mediated and other rare diseases. For over three decades we’ve been guided by our passion for not settling for “ordinary” in our quest to develop novel medicines. We leverage our expertise in structure-guided drug design to develop first-in-class or best-in-class oral small-molecule and protein therapeutics, led by the efforts of our team of expert scientists in our Discovery Center of Excellence in Birmingham, Alabama. Our global headquarters is in Durham, North Carolina, our European headquarters is in Dublin, Ireland and our employees span the globe across sites in multiple countries. We are proud of our culture of engagement and accountability that rewards people for innovative thinking and achievement of key objectives. For more information, please visit our website at www.biocryst.com or follow us on LinkedIn and Instagram .
JOB SUMMARY:
BioCryst is looking for an experienced hands-on Senior Cost Accounting Manager who is an enthusiastic team member with a solid technical accounting background in the functional area of Cost Accounting and Inventory. This role will play a critical role in driving the inventory monthly/quarterly close processes to ensure a high quality, accurate and efficient close, enabling the Company to meet both its internal timelines and external SEC reporting/filing timelines, while ensuring the Company’s SOX internal controls are operating effectively. A key goal for this role will be to drive continuous improvement and optimization of our business processes specific to financial management and scalability of inventory and manufacturing activities across the Company, in preparation for the potential launch of additional commercial product(s). This role is responsible for adherence to and identification of internal controls over inventory and cost of goods sold and related activities. This role fully remote. Candidates must be in EST or CST time zones. #LI_REMOTE
ESSENTIAL DUTIES & RESPONSIBILITIES:
EXPERIENCE & QUALIFICATIONS:
The statements in this position description are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. The manager may assign additional responsibilities and assignments from time to time.
BioCryst is an equal opportunity employer and is committed to providing equal employment opportunities without regard to age, race, religion, sex, sexual orientation, gender identity, national origin, Veterans status, disability and/or other protected class characteristics. Additionally, BioCryst is committed to achieving its business objectives in compliance with all federal, state and local law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
- Responsible for accurate and timely completion of monthly/quarterly cost accounting tasks including:
About the company
BioCryst Pharmaceuticals, Inc. is an American pharmaceutical company headquartered in Durham, North Carolina.