Director, Cost Accounting

BridgeBio Pharma•San Francisco, CA

4d•Hybrid

About The Position

We are looking for a Director, Cost Accounting, to lead and oversee all inventory and cost-related accounting functions. This role will be responsible for ensuring accurate financial reporting of inventory across our global supply chain. This is a cross-functional role, working closely with Supply Chain, Quality, FP&A, internal/external auditors, and other functional teams in order to ensure inventory is fairly stated and classification of inventory and cost of goods sold is accurate. This role is a key member of the growing BridgeBio Accounting team and must be a self-starter, possessing the ability to quickly understand complex situations and manage effective solutions across a diverse organization.

Requirements

BS/BA in Accounting/Finance and 10+ years of relevant accounting experience, including 5+ years of experience in a pharma cost accounting role, preferred
Thorough knowledge of US GAAP as it relates to inventory valuation, overhead absorption of cost of goods sold, and other cost accounting principles
Excellent computer skills, including advanced MS Excel (e.g. Pivot Tables, V-Look-Ups, data merges, filters, and if statements) and MS Word experience

Nice To Haves

Experience working with SAP is preferred
High level of personal integrity consistent with BridgeBio’s values

Responsibilities

Lead and manage the inventory accounting function for our pipeline products, including the monthly, quarterly, and annual close processes related to inventory and cost of goods sold
Review and approve journal entries, account analyses, and reconciliations as they relate to inventory and cost of goods sold for our pipeline products
Review current product costing methodology and oversee standard cost updates for our pipeline products, variance analysis, and inventory reserve analysis
Function as the finance business owner of the SAP Supply Chain Module; ensure accurate product costs, inventory valuation, overhead and variance analysis for our pipeline products.
Identify opportunities for automation and continuous process improvement
Work closely with the supply chain and FP&A teams to understand production schedules, contracts, inventory movements, and other supply chain matters in order to assess the impact of inventory accounting and ensure inventory is fairly stated, and classification is accurate
Provide support for the quarterly and annual financial reporting and disclosures related to inventory and cost of goods sold
Collaborate with third-party distribution provider and Head of Trade to manage and ensure accurate inventory counts
Oversee and perform, if necessary, annual physical inventory count
Provide technical guidance and mentoring to the cost accounting team and business to ensure consistent application of cost accounting principles
Maintain and develop improvements for SOX controls related to costing and inventory
Support internal and external audit processes related to inventory and cost of goods sold
Demonstrate proficiency in financial analysis, reporting, and interpretation of data

Benefits

Market leading compensation
401K with 100% employer match on first 3% & 50% on the next 2%
Employee stock purchase program
Pre-tax commuter benefits
Referral program with $2,500 award for hired referrals
Comprehensive health care with 100% premiums covered - no cost to you and dependents
Mental health support via Spring Health (6 therapy sessions & 6 coaching sessions)
Hybrid work model - employees have the autonomy in where and how they do their work
Unlimited flexible paid time off - take the time that you need
Paid parental leave - 4 months for birthing parents & 2 months for non-birthing parents
Flex spending accounts & company-provided group term life & disability
Subsidized lunch via Forkable on days worked from our office
People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility
We provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, Spring Health & BetterUp Coaching
We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities