Cost Accountant

LIFE SCIENCE OUTSOURCING INC•Somersworth, NH

About The Position

Life Science Outsourcing, Inc. (“LSO”) (www.lso-inc.com) is a contract manufacturing organization focused on assembly, packaging, sterilization, and distribution with over 25 years of experience. The Company serves orthopedic, cardiovascular, diagnostic, dental, and a variety of other medical specialties. Our unique model is centered on in-house, end-to-end portfolio processes and service offerings supported by deep regulatory expertise. This enables the agility and flexibility our customers need to accelerate go-to-market timelines while standardizing supply chains and mitigating risk. Clients rely on LSO to perform all activities required to bring products to market—from procurement to final packaging and shipping. LSO is headquartered in Brea, CA (North Orange County), with an additional East Coast facility in Somersworth, New Hampshire. We are seeking a Cost Accountant who will play a critical role in driving financial visibility and operational performance across our manufacturing operations. This position partners closely with the Controller, CFO, and cross-functional teams to deliver actionable insights that optimize cost structure, improve margins, and support strategic growth initiatives. This is an excellent opportunity for a hands-on, analytical professional who thrives in a fast-paced, regulated environment and wants to directly influence business outcomes.

Requirements

Bachelor’s degree in Accounting or Finance
CPA or CMA required
7 to 12 plus years of progressive accounting experience
Manufacturing experience required with medical device or regulated industry preferred
Multi site and or private equity backed experience preferred
Strong knowledge of U.S. GAAP and financial reporting
Deep expertise in cost accounting within manufacturing
ERP system experience required
Advanced Excel skills with BI tools such as Power BI a plus
Strong analytical and problem solving abilities
High attention to detail with ability to manage multiple priorities
Strategic thinker with a hands on approach
Interest in leveraging AI and automation
Strong communication and business partnering skills
Ability to sit or stand for extended periods
Ability to walk distances and navigate stairs as needed
Ability to travel periodically between New Hampshire and California

Responsibilities

Develop and maintain standard costs across labor, materials, and overhead
Analyze manufacturing variances and provide actionable insights to leadership
Support month-end close activities, including inventory and COGS reporting
Prepare margin analysis by product line, customer, and program
Reconcile inventory accounts (WIP, finished goods, scrap)
Partner with Operations to ensure accurate BOMs and routings
Support physical inventory and cycle counts
Analyze inventory trends, including excess and obsolescence
Ensure compliance with inventory controls in an FDA/ISO-regulated environment
Support quoting and pricing strategies with detailed cost analysis
Identify cost drivers and recommend process improvements
Partner with Sales and Program Management on new product introductions (NPI)
Drive improvements in cost accounting processes and internal controls
Support ERP enhancements related to costing and inventory
Develop KPIs and dashboards for operational and financial performance
Ensure adherence to GAAP and internal accounting policies
Support internal and external audits
Maintain strong internal controls aligned with best practices
Lead the monthly, quarterly, and annual close processes with accuracy and timeliness
Oversee preparation of financial statements in accordance with U.S. GAAP
Support executive leadership with board reporting, financial presentations, and investor or lender reporting
Drive meaningful variance analysis and financial insights
Oversee general ledger, accounts payable, accounts receivable, payroll accounting, and fixed assets
Strengthen internal controls, policies, and audit readiness
Identify and implement process improvements for scalability and efficiency
Ensure compliance with all regulatory, statutory, and tax requirements
Lead cost accounting including standard costing, job costing, and variance analysis
Partner with Operations and Supply Chain to monitor labor, materials, and overhead
Ensure accurate inventory valuation and reporting
Support pricing, margin analysis, and operational performance improvements
Lead external audits and coordinate audit preparation
Ensure timely and accurate tax filings
Conduct internal audits to ensure policy adherence
Maintain compliance within a regulated medical device manufacturing environment
Champion AI and automation initiatives within finance
Streamline workflows and reduce manual processes
Support digital transformation and scalable financial infrastructure
Lead and develop the accounting team
Foster a culture of accountability and continuous improvement
Partner cross functionally with Operations, Quality, HR, and Supply Chain