Associate Director, Cost & Inventory Accounting Lead

Responsibilities

• Lead standard costing methodologies, including development, maintenance, and continuous improvement.
• Establish and validate material costs and identify cost-saving initiatives.
• Drive annual standard cost update process in ERP/SAP, ensuring accuracy and completeness.
• Review and approve monthly inventory-related journal entries, account reconciliations, and close deliverables.
• Lead variance analysis (PPV, usage, yield, scrap) and communicate insights to support decision making.
• Consolidate production volumes and absorption metrics across sites for reporting and analysis.
• Establish and enforce inventory policies, procedures, and internal controls, including month-end cutoff and valuation practices.
• Lead site-level physical inventory counts, ensuring compliance with and completeness, liaison with auditors, supply chain and 3rd party locations.
• Lead assessment of inventory reserves (obsolete, slow-moving, expired) and prepare quarterly audit memoranda.
• Lead the development of methods and models for capitalization and amortization of overhead and revaluation variances.
• Develop and lead inventory intercompany process including Journal entries and reconciliations.
• ERP Cost/Inventory Implementation Lead:
• Lead ERP cost accounting design and implementation, including costing structures, work centers, routings, and rates.
• Serve as Finance lead on ERP implementation.

Qualifications

• 8+ years of relevant Cost Accounting experience.
• Degree in Accounting required. CPA/CMA or MBA a plus.
• Process Manufacturing, Pharmaceutical industry a plus.

Additional Responsibilities

• Build cost models to support new product introductions.
• Ownt SOX controls for cost and inventory, including design, documentation, and compliance testing.
• Serve as primary liaison to external auditors for inventory and cost accounting matters, including preparation of audit deliverables.
• Provide functional leadership to site cost accountants (dotted-line).
• Provide insight and drive alignment for key planning assumptions.

Supervisory Responsibilities

No direct supervisory responsibility.