Senior, Cost Accountant (Hybrid - Acton, MA)

Insulet Corporation•Acton, MA

1d•$80,100 - $120,150•Hybrid

About The Position

We are seeking a highly analytical and proactive Senior Financial Analyst-Costing & Inventory to support our global standard cost processes and ensure appropriate valuation of global inventories. This role will contribute to the understanding of company profitability via standards and variances as well as improving recognition of cost elements within product cost. The ideal candidate will be a collaborative problem-solver who can identify and share the drivers of cost change with business partners.

Requirements

Bachelor’s degree; Degree in Accounting, Finance, or related field preferred (CPA/CMA/MBA preferred)
3+ years of experience in cost accounting and financial analysis within a manufacturing environment
Strong understanding of GAAP, standard costing, and inventory accounting
Proficient in ERP systems; experience with SAP is a plus
Advanced Excel and other data analysis tools and strong analytical capabilities
Excellent communication and interpersonal skills

Nice To Haves

Experience with Power BI, Tableau, or other data visualization tools
Familiarity with SOX compliance and internal controls
Proven ability manage multiple projects and priorities across varying period of time

Responsibilities

Standard Cost Management:
Set Up New Part Costs within SAP
Support/execute the annual cost roll process
Provide Analysis of Change related to material and overhead cost structures
Support the efforts to transition to an “in house manufacturing” costing structure
Support product cost comparisons and cost modeling exercises for the business.
Cost Accounting:
Review and Analyze variances to standard costs in support of the Capitalized Variance (FIFO) process
Prepare and Reconcile Excess and Obsolete Inventory Reserve on a quarterly basis.
Review End of Life Inventory and other specific reserves
Process and reconcile global accruals for items like freight, tariffs, or other non-plant specific expenses
Ensure proper recognition of absorption from closed work orders in the system.
Controls Environment:
Provide SOX and Auditor support related to inventory balances and transactions
Support the consolidation of cycle count activity and performance across locations
Complete balance sheet reconciliations for inventory and related accounts
Available to support annual physical inventories at 3rd party locations, as required
Support month end cut-off procedures for month end close
Business Partnering:
Modeling of future changes to the FIFO or E&O balance for budgeting purposes
Ad Hoc analysis of spending elements for comparability across sites
Working with locations to identify and isolate required period costs (excluded from FIFO adjustment)
Recommend cost improvement opportunities across locations or product lines
Advocate for a universal understanding of standard costing across the organization
Actively participate in teambuilding events and activities