About the Role
We are seeking an experienced, collaborative, and results-oriented individual to join our 10X team as Cost Accounting Manager, to manage cost accounting activities for inventory and including inventory transfers between intercompany accounts with 10x foreign subsidiaries, reporting to the Director of Cost Accounting. The ideal candidate will have a strong general accounting background having worked in both public accounting and private industry. This individual will be a business partner to our financial planning & analysis, engineering, facility and operations teams and will manage the inventory accounting close process and interface with auditors for the annual and interim audits.
What You Will Be Doing
- Perform New Product Introduction (NPI) standard costing functions in the ERP.
- Collaborate cross-functionally with various business partners to resolve inventory standard costing issues related to missing or incorrect cost definition setup.
- Perform monthly and quarterly financial closing activities including journal entries and reconciliations.
- Explain monthly balance sheet fluctuations to ensure compliance with US GAAP and company policies and procedures.
- Provide standard cost revaluation impact analysis for ECOs.
- Performs E&O Analyses, including collaborating with Finance Ops, maintaining E&O roll-forward schedule and preparing period adjustments to the E&O reserve.
- Calculate monthly taxes for R&D use tax, sales tax for sales giveaways, etc.
- Analyzes and adjusts monthly warranty reserves.
- Analyzes Work in Process (WIP) and makes adjustments as needed.
- Performs standard cost updates and coordinates with business partners including foreign subs.
- Supports monthly cycle count processes, and annual physical inventory counts.
- Performs monthly review of intercompany trade accounts with foreign subsidiaries.
- Performs monthly analysis of deferred cogs, including reconciliation between Oracle and RevPro, and accrues for missing cost recognition.
- Performs Lower of Cost or Market analyses, and prepares adjustments as necessary.
- Review and approve SOX work and related documentation. Work with auditors to walkthrough and TOE to ensure SOX compliance.
- Identify and implement process improvement activities by automating processes, utilizing existing systems and reducing manual work effort wherever possible, including working with IT.
- Willingly perform special projects/respond to ad-hoc requests.
To Be Successful You Will Need
- Bachelor’s Degree or equivalent in Accounting or Business.
- 6 - 10years of experience with at least 2 years in public audit.
- CPA or CPA candidate preferred.
- Experience working in ERP systems. Experience in Oracle is a strong plus.
- Proficiency in MS Office products - intermediate to advanced knowledge of MS Excel.
- Excellent communication skills to interact with varying levels of management and professional staff.
- Ability to work independently and manage multiple priorities well and handle projects with extreme attention to detail.
About 10x Genomics
At 10x Genomics, accelerating our understanding of biology is more than a mission for us. It is a commitment. This is the century of biology, and the breakthroughs we make now have the potential to change the world.
We enable scientists to advance their research, allowing them to address scientific questions they did not even know they could ask. Our tools have enabled fundamental discoveries across biology including cancer, immunology, and neuroscience.
Our teams are empowered and encouraged to follow their passions, pursue new ideas, and perform at their best in an inclusive and dynamic environment. We know that behind every scientific breakthrough, there is a deep infrastructure of talented people driving the life sciences industry and making it possible for scientists and clinicians to make new strides. We are dedicated to finding the very best person for every aspect of our work because the innovations and discoveries that we enable together will lead to better technologies, better treatments, and a better future. Find out how you can make a 10x difference.
Individuals seeking employment at 10x Genomics are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation, or any other characteristic protected by applicable law.
10x does not accept unsolicited applicants submitted by third-party recruiters or agencies. Any resume or application submitted to 10x without a vendor agreement in place will be considered unsolicited and property of 10x, and 10x will not pay a placement fee.
Top Skills
What We Do
Accelerating biological understanding and discovery is more than a mission for 10x Genomics. It’s a commitment. Fueled by equal parts scientific vision and determined passion, we are enabling fundamental research across the life sciences by delivering rapid innovation that allows our customers to resolve complex biology—across the fields of oncology, immunology, neuroscience, and more.
As we deliver powerful new methods for discovery, we create opportunities for scientists to address and reveal the true complexities of biology and disease. Already, our products have been adopted by researchers around the world, including 97 of the top 100 global research institutions and 19 of the top 20 global pharmaceutical companies, and have been cited in over 1,200 research papers on discoveries across the life sciences.
