Senior Cost Accountant

Arrowhead Pharmaceuticals•Verona, WI

2h•$85,000 - $100,000

About The Position

Arrowhead Pharmaceuticals, Inc. (Nasdaq: ARWR) is a clinical stage biopharmaceutical company that develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep, and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing. Arrowhead is focused on developing innovative drugs for diseases with a genetic basis, typically characterized by the overproduction of one or more proteins that are involved with disease. The depth and versatility of our RNAi technologies enables us to potentially address conditions in virtually any therapeutic area and pursue disease targets that are not otherwise addressable by small molecules and biologics. Arrowhead is leading the field in bringing the promise of RNAi to address diseases outside of the liver, and our clinical pipeline includes disease targets in the liver and lung with a promising pipeline of preclinical candidates. Arrowhead’s corporate headquarters is in Pasadena, CA with research and development teams in Madison, WI & San Diego, CA, and a state of the art manufacturing facility in Verona, WI. Our employees are nimble, science-driven innovators who are collaborating to bring new therapies to patients in need. The Position Arrowhead seeks a Senior Cost Accountant to join its Finance and Accounting Team. This individual will report to Arrowhead’s Sr. Cost Accounting Manager and will be responsible for continued development, implementation and maintenance of product inventory accounting and cost analysis. In this highly visible role, this individual will partner with other key areas such as Manufacturing, Quality and Procurement to implement new processes as the Company expands its in-house drug manufacturing capabilities. The individual will also work closely with members of the Finance and Accounting Team and will collaborate with Arrowhead Verona’s operations departments.

Requirements

Bachelor’s or Master’s degree in Finance/Accounting
7+ years of demonstrated cost accounting experience and a proficient understanding of accounting principles
Month-end close, reconciliation and reporting experience
Experience with actual and standard costing methods
Knowledge of ERP processes and controls, preferably Microsoft Dynamics
Proficient in Microsoft Office suite (Excel – pivot tables, vlookups, sumif, etc.)
Ability to gather, analyze and interpret information for completeness and accuracy; excellent attention to detail; excellent organizational skills
Demonstrated history of identifying problems, researching, and recommending resolutions
Flexibility to put in extra hours during critical times such as month, quarter and year-end close cycles
Strong time management with the ability to work independently and in a group setting

Nice To Haves

CMA and/or CPA Designation preferred
Experience working in a biotech/pharma or process manufacturing environment

Responsibilities

Support the development & ongoing management of costing method/process for new products and for labor and overhead allocations, ensuring compliance with applicable accounting guidance
Update bills of material, product routes, material, labor and overhead costs
Plan, collect, and analyze data to drive the standard cost revaluation processes; implement cost updates periodically
Assist in the assessment of systems requirements for the accounting department in support of organizational growth; assist in ERP and other accounting systems implementations
Participate in all financial cycle close, prepare journal entries related to cost allocation, inventory adjustments, and reserves analysis, analyze, and reconcile key inventory related accounts
Support monthly/quarterly reporting related to costing and inventory
Validate COGS as part of the month-end close process
Prepare and analyze batch order cost variances to the standard, help identify cost saving opportunities
Review subcontract manufacturing contracts, for developing and maintaining product costing
Coordinates inventory related activities including cycle count and physical inventory
Assist in developing processes and utilizing systems enhancements to ensure inventory control and the accuracy of inventory data
Reconcile perpetual inventory system to GL, ongoing maintenance & future enhancements
Implement changes to improve process efficiency as needed
Manage relationships with functional department heads across the organization, staying abreast of strategic needs that may drive changes to financial policies, tools, and risk management
Other related duties, as assigned