Senior Cost Accountant

WuXi AppTec • Middletown, DE

121d

About The Position

The Senior Cost Accountant will be responsible for managing, analyzing, and reporting cost information to support decision-making within our pharmaceutical manufacturing operations. This role will focus on standard costing, cost variance analysis, inventory valuation, capex/fixed asset maintenance, and financial reporting to ensure compliance with company policies, regulatory standards, and industry's best practices. The individual will work closely with operations, supply chain, and finance teams to optimize cost structures and drive continuous improvement in cost control processes.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• 5 years of accounting experience, with at least 2 years in cost accounting experience in pharma, biotechnology, or manufacturing industry required.
• Knowledge of standard costing, cost analysis, and inventory control in a GMP-regulated environment.
• Knowledge of SAP FI/CO or similar ERP is needed.
• Experience with Microsoft Office products.
• Ability to work independently and collaboratively in cross-functional teams.
• Detail-oriented with strong organizational and time-management skills.
• Startup background & ability to assist in multiple roles will be helpful.
• Cost Modeling & What-If modeling.

Responsibilities

• Lead calculation of annual standard costs and monitor the inventory revaluation process.
• Analyze standard costs and perform manufacturing variances analysis to support decision making.
• Assist in developing budgets, forecasts, and financial plans for manufacturing operations.
• Perform inventory valuation and reconciliation activities, cycle counts, and physical inventory oversight to ensure accuracy of raw materials, WIP, and finished goods balances.
• Partner with operations and procurement to analyze cost reduction opportunities and recommend process improvements, BOM/routing accuracy, new product costing, and process improvements.
• Serve as liaison between Finance and Manufacturing/Operations to ensure accurate tracking of production costs, routings, and BOM accuracy.
• Support product costing for new product launches, capital projects, and process changes.
• Prepare journal entries, account reconciliations, and financial schedules.
• Assist with internal/external audits, ensuring adherence to SOX controls and corporate policies.
• Collaborate with cross-functional teams to ensure compliance with GMP, FDA, and other regulatory requirements for cost accounting data.
• Key owner of Capex & Fixed Asset modules.
• Prepare actual vs. budget capex reporting and cash forecasting.
• Support SAP implementation process & become an SME in related Cost areas.
• Develop and maintain cost accounting policies, procedures, and documentation.
• Other ad hoc analysis as requested.

What This Job Offers

• Job Type: Full-time
• Industry: Ambulatory Health Care Services
• Education Level: Bachelor's degree