Manager, Cost Accounting

Genetix Biotherapeutics • Somerville, MA

22h • $130,000 - $145,000 • Hybrid

About The Position

At Genetix Biotherapeutics every role has meaning, every team member is respected, and every day is a chance to make a difference. When you join Genetix, you're not just landing a new role, you become part of a company that's pursuing curative gene therapies to give patients and their families more days. We are doers, thinkers and collaborators who embrace and live by our values:
Our innovation is rooted in the diversity of our teams and results are achieved through cooperation and the integration of multiple viewpoints. This is personal and we approach every challenge with radical care.
SUMMARY
The Manager of Cost Accounting will own the accounting for the Company’s inventory and cost accounting, to ensure accurate, efficient reporting of the Company’s Cost of Goods Sold and related accounts. The role will work closely with the Accounting and Reporting team, operational accounting and FP&A team, as well as with Procurement, Supply Chain and Manufacturing. You will also be responsible for ensuring and supporting the most efficient implementation of a systematic cost accounting module within NetSuite. This is a full-time hybrid position (3 days a week) in our Somerville – Assembly Row, Massachusetts office.

Requirements

• 7+ years of experience in cost accounting, with at least a Bachelor’s degree in
• Experience in cost accounting for the biotech / pharmaceutical manufacturing industries that has both internal and external manufacturing and testing costs.
• Experience building and leading a
• Are familiar with NetSuite.
• Excellent business partnership and team development
• Results-orientation with the proven ability to execute on collaborative projects and develop subject matter expertise.

Nice To Haves

• Certification in Cost Accounting preferred but not

Responsibilities

• Accounting for and supporting the operational aspects for the Inventory cycle including COGs, Bill of Materials (BOM’s), inventory management & reconciliations, variance
• Responsibility for all aspects of the implementation of the inventory and COGS modules of NetSuite
• Managing and improving cost accounting models
• Managing the monthly, quarterly, and annual financial close process for costing and inventory module, to ensure accuracy of transactions, journal entries, account
• Generating accurate and timely inventory and costing reports to support continuous improvement initiatives.
• Collaborating with the finance team when preparing financial analysis of manufacturing variances, gross margin, and excess and obsolete inventory.
• Reviewing standard costs quarterly
• Successfully partnering with FP&A, technical accounting and the functional business owners in the annual budgeting and quarterly forecasting of manufacturing costs, monthly close and reporting of actual cost versus the budget and the most recent forecast and preparation of and explanation for key performance indicators.
• Driving and supporting internal manufacturing finance controls and processes with a continuous improvement methodology.
• Interacting with internal and external auditors, providing various analysis and audit schedules to ensure compliance with internal control procedures
• Other related tasks as needed

Benefits

• Equity and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, dental, vision, 401k, and other benefits, including unlimited paid time off and parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager