Job Description

Job Description

Job Description

Robert Half has partnered with a growing RTP based pharma company to assist them in hiring an experienced Cost Accounting Manager. The ideal candidate will possess 10+ years of corporate accounting experience, ideally in manufacturing and pharma. As a Cost Accounting Manager, you will be responsible for overseeing product costing for multiple entities,. You will ensure all costs, both direct and indirect, are fully accounted for, and maintain control over inventory at their outsource manufacturing partners.

Responsibilities:

• Oversee the accurate determination of production costs associated with subcontracting.

• Serve as a liaison with procurement and accounting department operations teams to gather relevant cost data for correct reporting.

• Develop and maintain detailed product costing systems, including material costs, labor rates, and overhead allocations.

• Support in the creation of cost sheets and financial models for product costing.

• Lead cost analysis and control processes for operational departments, ensuring all cost categories are tracked, reported, and optimized.

• Collaborate with procurement and production teams to review and update cost structures, ensuring consistency across business units.

• Oversee the integration of the costing system for the acquisition of target products, merging costing models, budgeting, and financial reporting systems.

• Conduct variance analysis by comparing actual costs with budgeted figures, identifying deviations, and providing insights to senior management.

• Work with IT and finance teams to ensure the successful migration of costing data and systems following a merger.

• Prepare detailed cost reports for senior management, highlighting key trends, potential savings, and areas for improvement.

• Manage and update cost databases, ensuring accuracy and timely input of cost information for manufacturing and product development.

• Perform other tasks as required by management.

• Minimum 10 years of experience in the field of cost accounting, preferably within the Health Pharm/Biotech industry
• Proficient in Cost Accounting and Standard Costing practices
• Demonstrated experience with Inventory Variance, Inventory Planning & Reporting
• Deep understanding of Cost of Goods Sold (COGS) and Bill of Materials (BOM)
• Ability to develop and manage Cost Models for diverse product lines
• Expertise in Financial Reporting, ensuring accuracy and compliance
• Proven skills in Variance Analysis to identify cost drivers and suggest improvements
• Experience in Budgeting and Forecasting to support strategic decision-making
• Proficiency in using SAP for accounting and financial management purposes.

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