Sr Cost Accountant-Operations

Terumo BCT, Inc. • Littleton, CO

6d • Onsite

About The Position

At Terumo Blood and Cell Technologies, our 8,000+ global associates proud to come to work each day, knowing that what we do impacts the lives of patients around the world. For Terumo, for Everyone, Everywhere.

We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient’s life every second of every day and are committed to continuing to increase the number of patients we serve. Advancing healthcare with heart.

With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Join us and help shape wherever we go next. You create your future and ours.JOB SUMMARY
Under minimum supervision, this position includes the daily management of new and existing systems, developing new financial systems, as well as the maintenance, monitoring, and enhancing of existing systems.  This position will evaluate the adequacy of and implement improvements to those systems in accordance with FASB, IRS, and SEC regulations. Such systems may include General Accounting and Cost Accounting.

Requirements

• Bachelor’s degree or, equivalent of education and experience sufficient to successfully perform the essential functions of the job may be considered.
• Minimum 5 years experience in a manufacturing environment
• Demonstrated technical knowledge of the accounting requirements and practices generated by regulatory or professional outside agencies such as FASB, IRS, and SEC.
• In depth knowledge of and experience in Cost Accounting
• Demonstrated excellent analytical skills.
• Demonstrated thorough and in depth understanding of the assigned systems.
• Knowledge and use of relevant PC software applications and skills to use them effectively.
• Demonstrated ability to communicate effectively both verbally and in writing.
• Demonstrated ability to provide timely, high quality, and accurate work.
• Demonstrate strong organizational skills and productive work habits.
• Advanced Excel skills
• Prior ERP System experience, SAP strongly preferred
• Knowledge of or prior experience with PowerBI
• Understanding of journal entries and transactions

Nice To Haves

• SAP experience preferred.
• An advanced degree or certification, such as an MBA, CCE, CMA or CPA beneficial.

Responsibilities

• Develops, maintains, and monitors financial systems to ensure integrity in accordance with generally accepted accounting principles and Terumo BCT accounting procedures.
• Utilizes expertise to interpret the various outside generated requirements and practices and determines their applicability to the business.
• Analyzes problems and implements solutions to ensure consistency and accuracy of the financial systems. Represents the department or company with internal and external customers to resolve problems of a non-routine nature.
• Ensures inventories are properly valued in accordance with generally accepted accounting principles and assets are safely guarded.
• Provides training on transactions and procedures to internal customers as required.
• Computes and analyzes manufacturing variances and reviews with manufacturing personnel, providing timely and meaningful cost accounting information and analysis for manufacturing.
• Responsible for evaluating the adequacy of existing procedures relating to inventory and production, tracking, detailing weaknesses, and implementing improvements.
• Develops and maintains master data for standard costs of assigned product lines and monitors actual performance against these standards.  Executes annual cost roll.
• Work cross functionally with business partners to prepare full profit and loss plan for assigned product lines and to develop cost estimates of new products.
• Analyzes General Ledger or sub-system output for consistency and accuracy and resolves questionable items.
• Analyzes and summarizes accounting data to make comparisons to similar data for other periods and prepares explanatory comments.
• Assists department managers with their budgets.
• Develops reporting capabilities and understanding of the multiple systems applications within the Terumo BCT environment.
• Assists with the month-end close process for the factory including review for completeness and running the month-end jobs in SAP (Assessments, Rate Calc, WIP, Variance and Settlement).
• Explains month-end variances and creates reports for upper management.
• Responsible the forecasting process, understanding upcoming deviations from plan.
• Attend Tier Meetings
• Additional job duties assigned as needed

Benefits

• At Terumo Blood and Cell Technologies, we provide competitive total reward offerings that consist of compensation, benefits, recognition, along with a wealth of other well-being, work-life and recognition programs which support in unlocking the potential for you and your family. Included in our expansive list of benefits offerings are multiple group medical, dental and vision plans, a robust wellness program, life insurance and disability coverages, also a variety of voluntary programs such as group accident, hospital indemnity, critical illness, pet insurance and much more. To help you save for retirement, we offer a 401(k) plan with a matching contribution and for work-life balance we have vacation and sick time programs for associates. For us, it’s about protecting the personal welfare of our associates and their families, helping to achieve personal goals and offering those extra touches for convenience, security and overall peace of mind.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees