Cost Analysis Manager

Ferring Pharmaceuticals•Roseville, MN

1d•$94,000 - $175,000

About The Position

The Cost Analysis Manager leads Technical Operations financial planning, analysis, and reporting, including monthly close, forecasting, and ad hoc analysis with local and central functions. The role also oversees inventory costing, internal controls, transfer pricing, and P&L monitoring. It will support the site’s planned transition from an Oracle ERP system to SAP in the upcoming fiscal year. The position manages manufacturing-related period-end accounting and reporting, inventory costing and validation, audit support, and financial planning and analysis. It develops reporting packages and executive KPI dashboards, supports operating plans and business planning cycles, and provides financial advice to department heads. The role ensures timely, accurate reporting of operational results in compliance with US GAAP and IFRS.

Requirements

Bachelor’s or master’s degree in finance or accounting.
At least 5 years of experience in finance or accounting.
Demonstrated understanding of financial and accounting principles and processes.
Analytical mindset, self-starter, and ability to identify opportunities and solve problems independently.
Good communication and stakeholder management skills, including the ability to work with management and employees.
Ability to present views and respond to challenge.
Ability to work independently and influence multiple stakeholders.
Ability to work in a decentralized, multinational finance structure.
Ability to set long-term financial targets and sponsor performance improvement projects.
Professional business English, spoken and written, and local language as required.

Nice To Haves

7 or more years of experience in finance or accounting.
Manufacturing background, cost accounting, and SAP experience.
CPA or public accounting experience.

Responsibilities

Define journal entries related to manufacturing activities, including inventory, variances, and variance capitalization.
Perform analytical reviews, accounting reconciliations, and internal controls.
Analyze manufacturing financial variances, identify root drivers, and explain them as needed.
Perform cost accounting and control, inventory reconciliation and reporting, and obsolescence analysis and reporting.
Lead quarterly inventory counts and set standard COPS annually.
Gather documentation for quarterly internal audit assessments and support internal and external audits with requested documentation and explanations.
Manage financial planning and reporting processes, including strategic plans, budgets, latest estimates, monthly and quarterly outlooks for operational costs, and ROI analysis for business cases.
Lead financial planning and analysis for annual operating plans and support business planning cycles.
Develop monthly reporting packages and executive KPI/performance dashboards to track financial performance against budget and support brand marketing strategies.
Ensure operational financial results are reported on time, accurately, and in compliance with US GAAP and IFRS.
Manage Technical Operations financial planning and analysis, taxation, and transfer pricing; calculate item transfer prices and tax cross-charges to verify profit ranges.
Collaborate with the Finance Director and Business Operations to lead finance discussions with department heads and provide timely, meaningful financial advice.

Benefits

Competitive total compensation and annual incentive bonus based on individual and company performance.
Flexible benefits, personal support, and tailored learning and development opportunities.
Flexible working hours that respect employees’ lifestyles.
Comprehensive medical, dental, and vision coverage, with employee premium contributions varying by base salary.
401(k) plan with company match.
Short- and long-term disability coverage.
Basic life insurance.
Wellness benefits.
Reimbursement for certain tuition expenses.
Sick time accrual of 1 hour per 30 hours worked.
Vacation accrual for full-time employees, up to 150 hours during the first four years and 187.5 hours in the fifth year.
15 paid holidays per year.
Paid parental leave, subject to a minimum period of employment.