Jobs · Finance · North Carolina

Senior Production Accountant

BioSpace · Clayton, NC · 1 wk ago
FinanceFull-time

About the role

Serves as the production accounting subject matter expert for manufacturing-related financial processes within DPM US at Novo Nordisk. The role ensures accurate accounting treatment of manufacturing transactions, inventory valuation, standard costing, period-end close activities, and production-related financial reporting while maintaining a strong control environment. This position supports audit readiness, operational decision support, and continuous improvement of production accounting processes in a regulated manufacturing setting, with compliance to IFRS, applicable accounting policies, and Novo Nordisk governance requirements.

Essential Functions

  • Ensure accurate accounting of production-related transactions and manufacturing activities within the assigned DPM US scope at Novo Nordisk
  • Validate production cost allocations and inventory-related postings to ensure compliance with IFRS, Novo Nordisk accounting policies, and internal financial governance requirements
  • Manage inventory accounting processes and controls, including valuation of raw materials, work-in-progress, and finished goods inventory
  • Support standard costing methodologies and annual cost roll processes, ensuring consistent financial treatment of manufacturing costs
  • Analyze manufacturing cost development, inventory movements, and variances from expected results to support transparency and informed decision-making
  • Drive month-end, quarter-end, and year-end close activities within the production accounting area and ensure timely, accurate financial reporting
  • Prepare and review journal entries, reconciliations, and balance sheet documentation for production accounting and inventory-related accounts
  • Maintain strong internal controls across production accounting processes and related financial postings in support of compliance and audit readiness
  • Support internal and external audits and ensure compliance with control frameworks, accounting policies, and reporting requirements
  • Identify risks in production accounting processes and implement appropriate corrective actions to protect financial integrity and control effectiveness
  • Investigate accounting discrepancies, production variances, and process deviations affecting manufacturing financial results and balance sheet positions
  • Provide accounting guidance and support to operational and finance stakeholders on manufacturing, production accounting, and inventory-related topics
  • Improve financial transparency across manufacturing operations through clear reporting, variance analysis, and account support
  • Drive standardization and automation of accounting, reconciliation, and reporting processes within the production accounting area
  • Support implementation of systems, process changes, and accounting requirements related to manufacturing activities and inventory accounting
  • Share best practices and contribute to capability development within the broader Accounting function at Novo Nordisk
  • Contribute to high-quality balance sheet governance for inventory and other production-related accounts within DPM US
  • Challenge, proactively, existing processes and drives continuous improvement, applying critical thinking, initiative, and a results-oriented mindset
  • Follow all safety & environmental requirements in the performance of duties

Qualifications

  • Master's Degree in Accounting, Finance, Economics, Business Administration, or related field of study from an accredited university required and a minimum of seven (7) years of relevant experience within Accounting, Production Accounting, Cost Accounting, Audit, or Manufacturing Finance required
  • In lieu of Master's Degree with seven (7) years of experience, may consider a Bachelor's Degree in Accounting, Finance, Economics, Business Administration, or related field of study from an accredited university with a minimum of nine (9) years of relevant experience within Accounting, Production Accounting, Cost Accounting, Audit, or Manufacturing Finance required
  • Strong technical accounting knowledge and understanding of financial reporting principles, ensuring accuracy, high-quality deliverables, and a consistently high level of attention to detail required
  • Experience with Inventory accounting, Manufacturing accounting, Standard costing, Financial close processes, Balance sheet reconciliations and Internal controls required
  • Experience working with SAP or other ERP systems required
  • Advanced Excel and analytical skills required
  • Professional proficiency in English required
  • Experience from pharmaceutical, biotechnology, manufacturing, or other regulated industries preferred
  • Experience supporting external and internal audits preferred
  • Knowledge of IFRS and manufacturing accounting requirements preferred
  • Experience with SAP S/4HANA preferred
  • Experience with process improvement and automation initiatives preferred
  • Professional accounting certification (CPA, CMA, ACCA, HD(R), State Authorized Public Accountant, or equivalent) is considered an advantage preferred
  • Strong interpersonal and communication skills, with the ability to collaborate effectively across functions and manage multiple priorities in a dynamic environment required

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