Senior Project Accountant

Company Information

You Matter to Cambrex.

Cambrex is a leading global contract development and manufacturing organization (CDMO) that provides drug substance development and manufacturing across the entire drug lifecycle, as well as comprehensive analytical and IND enabling services.

With over 40 years of experience and a team of 2,000 experts servicing global clients from North America and Europe, Cambrex offers a range of specialized drug substance technologies and capabilities, including continuous flow, controlled substances, liquid-phase peptide synthesis, solid-state science, material characterization, and highly potent APIs.

Your Work Matters.

At Cambrex, we strive to build a culture where all colleagues have the opportunity to:

• engage in work that matters to our customers and the patients they serve
• learn new skills and enjoy new experiences in an engaging and safe environment
• strengthen connections with coworkers and the community

We’re committed to attracting and nurturing a passionate team of valued professionals in our fast-paced and growing company. We offer a competitive benefits package that includes healthcare, life insurance, planning for retirement, and more!

Your Future Matters.

Known for our customer-focused scientific and manufacturing excellence, as well as our strong commitment to quality and safety, we offer a range of career and growth opportunities across our global network of locations. Together with our customers, we aim to improve the quality of life for patients around the world. Start a career where You Matter by applying today!

Job Overview

Cambrex, an industry leader in manufacture of active pharmaceutical ingredients, is seeking an ambitious and qualified Senior Project & Cost Accountant to join our team in Charles City, Iowa. This position is an essential member of the Finance team responsible for maintaining timely and accurate project accounting and cost accounting systems for the Charles City site. Responsibilities of the role include job costing for new custom projects and standard product costing for all commercial manufacturing products. Site Management, Cambrex Finance Leadership, and others rely on this position to provide timely, reliable and relevant financial information to help drive business decisions.

Responsibilities

• Maintain accounting systems for production costing and project job costing in accordance with GAAP and Cambrex policies.
• Properly record recognition of revenue and costs for custom projects under ASC 606 accounting guidance.
• Responsible for the month-end close of Production & Project Systems modules, prepare journal entries for adjustments and accruals, prepare balance sheet account reconciliations and analyze income statement results.
• Provide monthly updates to projected COGS and profitability for inclusion in the monthly financial forecast.
• Collaborate with multiple departments to develop cost & profit estimates for new projects and determine the financial impact of changes to existing products.
• Actively seek opportunities to increase profit margins and determine the financial impact of savings opportunities identified by others.
• Prepare and analyze routine and/or ad hoc reports for management, including variance analyses and projections of future performance.
• Assist with internal and external audits, tax reporting and corporate requests as assigned.
• Develop activity rates and standard product costs for the annual budget process.
• Collaborate with departments to develop cost center expense annual budgets, review/monitor spending providing updated expectations with monthly financial forecasts.
• Maintain compliance with relevant Site and Corporate policies and procedures.
• Support management in identifying Operational Excellence opportunities to continuously improve Accounting process and procedures.

Qualifications/Skills

• Solid understanding of GAAP accounting and Internal Controls requirements
• Ability to manage multiple tasks and deliver quality work under prescribed deadlines
• Strong analytical and problem-solving skills with the ability to perform detailed and complex numerical computations
• Substantial experience with an enterprise software system such as SAP
• Strong computer skills on a Microsoft platform and Office suite, including advanced Excel skills

Education, Experience & Licensing Requirements

• Bachelor’s degree in Accounting required; Master’s degree, CPA and/or CMA designation preferred
• 5+ years of accounting experience, preferably with experience in a manufacturing environment or cost accounting role

Cambrex is committed to providing a safe and productive work environment. All offers of employment are contingent on the successful completion of a comprehensive pre-employment screen. The pre-employment screen may consist of several components including but not limited to a drug test, criminal record check, identity verification, reference checks, education and employment verification, and may vary based on federal, state, and local laws. Refusal to submit to testing will result in disqualification of further employment consideration.

All requirements are subject to possible modifications to reasonably accommodate individuals with disabilities. Cambrex Corporation is an Equal Opportunity / Affirmative Action employer and will consider all qualified applicants for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), ancestry, national origin, place of birth, age, marital status, disability/handicap, genetic information, veteran status, or other characteristics protected by federal, state, and/or local law.

#LI-RD1

• Bachelor’s degree in Accounting required; Master’s degree, CPA and/or CMA designation preferred
• 5+ years of accounting experience, preferably with experience in a manufacturing environment or cost accounting role
• Maintain accounting systems for production costing and project job costing in accordance with GAAP and Cambrex policies.
• Properly record recognition of revenue and costs for custom projects under ASC 606 accounting guidance.
• Responsible for the month-end close of Production & Project Systems modules, prepare journal entries for adjustments and accruals, prepare balance sheet account reconciliations and analyze income statement results.
• Provide monthly updates to projected COGS and profitability for inclusion in the monthly financial forecast.
• Collaborate with multiple departments to develop cost & profit estimates for new projects and determine the financial impact of changes to existing products.
• Actively seek opportunities to increase profit margins and determine the financial impact of savings opportunities identified by others.
• Prepare and analyze routine and/or ad hoc reports for management, including variance analyses and projections of future performance.
• Assist with internal and external audits, tax reporting and corporate requests as assigned.
• Develop activity rates and standard product costs for the annual budget process.
• Collaborate with departments to develop cost center expense annual budgets, review/monitor spending providing updated expectations with monthly financial forecasts.
• Maintain compliance with relevant Site and Corporate policies and procedures.
• Support management in identifying Operational Excellence opportunities to continuously improve Accounting process and procedures.