Inventory & Cost Accounting Manager

About the role

iRhythm is currently seeking an experienced Inventory & Cost Accounting Manager. The responsibilities of this position will include the oversight and stewardship of the Cost Accounting processes, inclusive of ownership of inventory transactions and understanding of cost-related performance measures as it relates to cost of revenue. Additionally, this position will provide research and oversight of inventory transactions and collaborate with cross-functional teams to transition and improve processes. Our work environment is fast-paced, with a collaborative atmosphere. Most of all, we are passionate about delivering innovations that improve the quality of health care and the patient experience. We are looking for like-minded individuals to join our team today!

Location: Remote - US

Responsibilities

• Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales.
• Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins.
• Maintain the integrity and accuracy of product cost data; assist with close activities as needed.
• Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions.
• Lead matrixed team of accountants in a global organization. You will delegate process improvement projects, documentation, adhoc analysis, and support them in close by reviewing and approving month end close journal entries.
• Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information).
• Establish inventory policies and processes and continuously improve inventory management practices.
• Assist cost accounting and manufacturing team in setup of manufacturing bill of materials (BOMs) and routings. Additionally, assists supply chain in material master setup of purchased parts.
• Identifies tasks and deliverables for implementation and assists in the creation, coordination, and execution of those tasks.
• In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders.
• Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary.
• Lead annual standards setting process – supply chain, manufacturing, and engineering update support and cost roll ups to support Annual Operating Plan (AOP). Set standard costs in ERP system.
• Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly.
• Assist FP&A with product cost related information and modeling for forecast refreshes.
• Assist in audit and ad-hoc cost accounting requests.
• Project Related – ERP Implementation Responsibilities Include:
  • Provide data conversion (gathering, cleansing, etc.) and testing support.
  • Assess current financial policies, procedures, and systems. From that, assist Sr Manager to create the workflow to be used with the new ERP system.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• 8+ years of accounting or finance experience, 5+ years of cost accounting experience preferred.
• Advanced knowledge of Excel (e.g., Pivot Tables, V-Lookup, data merges, filters, etc.).
• Experience in Sarbanes-Oxley-compliant environment.
• Strong understanding and proficiency in U.S. GAAP.
• Willingness to work flexible or extended hours during month end close to support an international team of accountants