Inventory & Cost Accounting Manager

iRhythm•Orange County, CA

8h•$115,000 - $149,000•Remote

About The Position

Career-defining. Life-changing. At iRhythm, you’ll have the opportunity to grow your skills and your career while impacting the lives of people around the world. iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. Every day, we collaborate, create, and constantly reimagine what’s possible. We think big and move fast, driven by our commitment to put patients first and improve lives. We need builders like you. Curious and innovative problem solvers looking for the chance to meaningfully shape the future of cardiac health, our company, and your career About This Role: iRhythm is currently seeking an experienced Inventory & Cost Accounting Manager. The responsibilities of this position will include the oversite and stewardship of the Cost Accounting processes, inclusive of ownership of inventory transactions and understanding of cost-related performance measures as it relates to cost of revenue. Additionally, this position will provide research and oversight of inventory transactions and collaborate with cross-functional teams to transition and improve processes. Our work environment is fast-paced, with a collaborative atmosphere. Most of all, we are passionate about delivering innovations that improve the quality of health care and the patient experience. We are looking for like-minded individuals to join our team today! Specific job responsibilities include: Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins. Maintain the integrity and accuracy of product cost data; assist with close activities as needed Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions. Lead matrixed team of accountants in a global organization. You will delegate process improvement projects, documentation, adhoc analysis, and support them in close by reviewing and approving month end close journal entries. Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information) Establish inventory policies and processes and continuously improve inventory management practices Assist cost accounting and manufacturing team in setup of manufacturing bill of materials (BOMs) and routings. Additionally, assists supply chain in material master setup of purchased parts. Identifies tasks and deliverables for implementation and assists in the creation, coordination, and execution of those tasks. In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders. Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary. Lead annual standards setting process – supply chain, manufacturing, and engineering update support and cost roll ups to support Annual Operating Plan (AOP). Set standard costs in ERP system. Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly. Assist FP&A with product cost related information and modeling for forecast refreshes. Assist in audit and ad-hoc cost accounting requests Project Related – ERP Implementation responsibilities include: Provide data conversion (gathering, cleansing, etc.) and testing support. Assess current financial policies, procedures, and systems. From that, assist Sr Manager to create the workflow to be used with the new ERP system.

Requirements

Bachelor's Degree in Accounting, Finance, or a related field
8+ years of accounting or finance experience, 5+ years of cost accounting experience preferred
Advanced knowledge of Excel (e.g., Pivot Tables, V-Lookup, data merges, filters, etc.)
Experience in Sarbanes-Oxley-compliant environment
Strong understanding and proficiency in U.S. GAAP
Willingness to work flexible or extended hours during month end close to support an international team of accountants based in the Philippines.
Experience with tight deadlines and responsibility for accuracy and timeliness for work performed or reviewed
Experience managing and leading a team.
High attention to detail, excellent organizational skills, and the ability to work on multiple projects
Excellent oral and written communication skills, and proven ability to work with limited supervision
Exhibits advanced wide-ranging experience, using in depth professional knowledge, acumen, concepts and company objectives to develop, resolve complex models and procedures. Provides solutions to issues in creative and effective ways. Understands the interrelationships of different disciplines. Directs the application of existing principles and guides development of new policies and ideas. Understands and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors. Determines methods and procedures on new assignments. Exercises judgment in selecting methods, evaluating, adapting of complex techniques and evaluation criteria for obtaining results. Work is reviewed upon completion and is consistent with departmental objectives. Networks with key contacts outside own area of expertise. Adapts style and uses persuasion in delivering messages that relate to the wider firm business. Frequently advises others on complex matters. May be accountable through team for delivery of tactical business targets.

Nice To Haves

Knowledge of multinational ERP is required; SAP and/or QAD is a plus
Previous experience in ERP implementations or related project management experience
Experience in a fast-paced, team-oriented, matrixed organization
Excellent interpersonal skills and the ability to deal effectively with a variety of personnel, both internally and externally
An eagerness to learn and take on challenges in a rapidly-growing and dynamic environment; must be a team player
Strategic thinking with an emphasis on relationship management and communication at all levels within an organization

Responsibilities

Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales
Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins.
Maintain the integrity and accuracy of product cost data; assist with close activities as needed
Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions.
Lead matrixed team of accountants in a global organization. You will delegate process improvement projects, documentation, adhoc analysis, and support them in close by reviewing and approving month end close journal entries.
Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information)
Establish inventory policies and processes and continuously improve inventory management practices
Assist cost accounting and manufacturing team in setup of manufacturing bill of materials (BOMs) and routings. Additionally, assists supply chain in material master setup of purchased parts.
Identifies tasks and deliverables for implementation and assists in the creation, coordination, and execution of those tasks.
In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders.
Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary.
Lead annual standards setting process – supply chain, manufacturing, and engineering update support and cost roll ups to support Annual Operating Plan (AOP).
Set standard costs in ERP system.
Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly.
Assist FP&A with product cost related information and modeling for forecast refreshes.
Assist in audit and ad-hoc cost accounting requests
Provide data conversion (gathering, cleansing, etc.) and testing support.
Assess current financial policies, procedures, and systems.
From that, assist Sr Manager to create the workflow to be used with the new ERP system.