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Cost Accounting Lead

Date: Mar 30, 2021

Location: Philadelphia, PA, US

Company: Spark Therapeutics

Join the Spark Team

 

We were born of innovation, springing from the curiosity, imagination and dedication of remarkable scientists and healthcare visionaries. Our shared mission is to challenge the inevitability of genetic disease by discovering, developing, and delivering treatments in ways unimaginable – until now.

 

We don’t follow footsteps. We create the path.

 

 

The Cost Accounting Lead is responsible for partnering with IT, Technology, Manufacturing, and R&D in order to maintain and improve upon the existing cost accounting function in support of manufacturing operations and supply chain management. Responsibilities include adherence to the monthly and quarterly close process and time line, oversight of all entries to the general ledger and account reconciliation and analysis related to inventory and cost of goods sold accounts in order to ensure the continued integrity and accuracy of these accounts on the Company’s financial results and balance sheet. 

Key duties will include:

  • Maintain standard cost system to ensure accuracy of inventory valuation 
  • Monitor inventory transactions and processes including scrap, inventory, and COGS to ensure accuracy
  • Identify potential issues and coordinate issue resolution/problem solving with other functional teams
  • Drive the development of procedures and controls that ensure meaningful and reliable product costs and accurate inventories
  • Involved, as time permits, in FP&A and general ledger support as well as special projects
  • Assist in month-end and year-end closing
  • Identify and recommend cost effective solutions
  • Collaborate cross-functionally to assist with process and technology improvements
  • Resolve Microsoft Dynamics NAV (ERP) transactional, order, and setup issues that adversely impact the financial statements
  • Work with operations on user and procedural issues impacting the fair representation of inventory, purchasing, actual expense postings, etc.
  • Analyze and challenge key assumptions
  • Prepare cost forecasts
  • Prepare journal entries for month-end and year-end closing
  • Identify and explain material budget vs. actual variances and assess the impact of variances on financial forecasts
  • Create summary presentations

 

Education and Experience Requirements

  • Bachelor’s Degree in Accounting, with a depth of skills in accounting (both financial and managerial), reporting, analysis, financial supply chain, processes and procedures
  • CPA and/or MBA preferred
  • Minimum 8 years of relevant financial/accounting experience; preferably within manufacturing in the biopharmaceutical industry
  • Working knowledge of Microsoft Dynamics NAV or equivalent ERP system 
  • Extensive experience leading a cost accounting function

 

Key Skills and Abilities

  • Demonstrated success building long-lasting partnerships across an organization.
  • A proactive, critical thinker, who prioritizes decision support activities, initiates and drives productivity and continuous improvement.
  • Ability to frame issues, develop hypothesis, create analytical plans, conduct analytical plans, and present results.
  • Professional maturity, business acumen and leadership necessary to effectively work with and influence non-finance colleagues across the organization.
  • High energy self-starter and proactive leader.
  • Seeks to continually improve business processes.
  • Ability to thrive in a fast paced and rapidly growing company, with experience in driving improvements, defining process and guiding business clients and partners.
  • Commitment to customer service with a strong sense of ownership for projects and results.
  • Very strong knowledge of accounting principles.
  • Demonstrated proficiency in preparing financial statements.
  • Proven ability and desire to work effectively and deliver accurate results under tight deadlines.
  • Excellent verbal, written communication and presentation skills; must be able to confidently and effectively communicate finance and accounting concepts to those who are unfamiliar with financial terms.
  • Track record of partnering productively with accounting function to support monthly & quarterly close activities.
  • Excellent computer skills, including Microsoft Office suite and related tools

 

Complexity and Problem Solving

  • Technical financial and accounting knowledge with analytical acumen.
  • A process thinker with a sound knowledge of service-based organization business models.
  • Analytical and systems thinking - logically breaking problems down into their essential elements: carrying out diagnosis and development solutions.
  • Should be able to see structures and flows in complex systems as well as depict and present them to others in a simple and concise manner.
  • Independence - holding to own convictions in the face of resistance.
  • Critical information seeking - gathering critical information from key sources to assist problem solving.

#LI- JL1

 

 

 


Nearest Major Market: Philadelphia