Cost Accountant Manager
About The Position
About Celularity Celularity Inc. (Nasdaq: CELU) is a longevity-focused regenerative and cellular medicine company developing and manufacturing allogeneic and autologous cell therapies derived from the postpartum placenta. Celularity leverages the placenta’s unique biology, immunologic properties and scalable availability to develop therapeutic solutions targeting fundamental mechanisms of aging and age-related disease. Ensure inventory is properly valued, inventory transactions are properly recorded and adequate inventory controls are in place Manage the accounting for finished goods, raw materials/components, packaging, import/inbound/ outbound freight Track and report inventory cost variances (PPV/OH/ etc.) and calculate, record and report adequate inventory variance capitalization adjustments Responsible for developing standard costs and determining and accounting for revaluation of inventory Perform in-depth analysis of direct manufacturing and overhead cost Responsible for the reconciliation of various inventory-related balance sheet accounts Responsible for implementing a cycle count process and recording and reconciling the results and the preparation of reconciliations of inventories held Manage the development of inventory reserves for any slow moving and obsolete products Responsible for the monthly close activities related to inventory transactions and the preparation and review of journal entries related to inventory, COGS and R&D Prepare financial statement disclosures related to inventory and COGS Liaise with the FP&A team to ensure budgeting is accurate and based on best information available Coordinate with operations teams on the annual physical inventory to ensure successful external audit Perform ad-hoc inventory reporting and analysis
Requirements
- Bachelor's degree in Accounting required
- 8+ years of direct accounting experience within a manufacturing/distribution setting required
- Must have experience with month-end close and general ledgers required
- Must have strong experience with establishing and maintaining standard costing system, inventory cost absorption and inventory revaluation procedures required
- Strong knowledge of US GAAP required
- Knowledge of Great Plains or similar ERP system required
- Advanced Excel skills and strong MS Office skills
- Demonstrated success in delivering quality results and overcoming obstacles in a time-sensitive environment
- Ability to juggle and prioritize multiple work streams while remaining effective under pressure
- Strong analytical, organizational and problem-solving skills
- Strong attention to detail
Nice To Haves
- CPA strongly preferred
- biotech or related industry experience a strong plus
Responsibilities
- Ensure inventory is properly valued, inventory transactions are properly recorded and adequate inventory controls are in place
- Manage the accounting for finished goods, raw materials/components, packaging, import/inbound/ outbound freight
- Track and report inventory cost variances (PPV/OH/ etc.) and calculate, record and report adequate inventory variance capitalization adjustments
- Responsible for developing standard costs and determining and accounting for revaluation of inventory
- Perform in-depth analysis of direct manufacturing and overhead cost
- Responsible for the reconciliation of various inventory-related balance sheet accounts
- Responsible for implementing a cycle count process and recording and reconciling the results and the preparation of reconciliations of inventories held
- Manage the development of inventory reserves for any slow moving and obsolete products
- Responsible for the monthly close activities related to inventory transactions and the preparation and review of journal entries related to inventory, COGS and R&D
- Prepare financial statement disclosures related to inventory and COGS
- Liaise with the FP&A team to ensure budgeting is accurate and based on best information available
- Coordinate with operations teams on the annual physical inventory to ensure successful external audit
- Perform ad-hoc inventory reporting and analysis
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What This Job Offers
Job Type
Full-time
Career Level
Manager
