Senior Cost Accountant

Company Description

Sirtex Medical is a global leader in healthcare, with offices in the U.S., Australia, Germany, and Singapore, dedicated to improving patient outcomes.

Our mission is to be at the forefront of minimally invasive cancer and embolization therapies. By partnering with physicians, we aim to provide innovative products that enhance patient outcomes and simplify treatments. Achieving this ambitious goal requires passionate and talented individuals who are committed to making a difference. Our flagship product, SIR-Spheres® Y-90 resin microspheres, is a targeted radiation therapy for liver cancer. To date, we have delivered over >150K doses across 50+ countries, significantly impacting patients' lives worldwide. Our success is fueled by our dedication to serving the medical community, maintaining professionalism, fostering a collaborative work culture, nurturing an entrepreneurial spirit, and continuously pursuing innovation and improvement.

At Sirtex, we are committed to creating a great workplace. We offer a range of benefits, programs, and services to support our employees, ensuring they have opportunities to contribute to our success and advance their careers. Join our inclusive community, where you can collaborate with talented colleagues, bring your ideas to life, and advance your career, all while delivering innovative healthcare solutions to patients.

Job Description

SCOPE:

We are seeking a highly analytical Senior Cost Accountant to join our finance team. The successful candidate will play a key role in analyzing and managing the company’s costs and ensuring accurate reporting to improve operational efficiency. The Senior Cost Accountant will be responsible for tracking, analyzing, and reporting on production costs, inventory valuations, and budget variances, contributing to financial planning and decision-making processes.

PRIMARY RESPONSIBILITIES:

• Maintain and document agreed upon cost accounting processes to ensure accurate standard costs and COGS in SAP for financial reporting of the global organization.
• Establish/Design cost accounting methodologies in SAP.
• Recommend changes to the Company’s processes and policies to reduce costs and maximize profit.
• Analyze, report and reduce purchase price variances.
• Maintain and analyze standard cost of existing and newly purchased materials and goods, and compile documentation on standard costs to drive efficiencies.
• Analyze scrapped goods and work with the organization to reduce scrap.
• Monitor and analyze gross margin on products sold, recommending opportunities for cost savings.
• Assist with cost analysis and implementation of standard costs for new products or acquired business development opportunities.
• Work with business development to strategize for new products and develop proper costing at implementation ensure systems are properly configured for new warehouse locations, products, general ledger assignments and related costing data.
• Inventory Management
  • Oversee physical inventory counts and ensure reconciliation with financial records
  • Monitor inventory valuations and perform adjustments as necessary
  • Coordinate with production teams to manage stock levels efficiently
• Budgeting & Forecasting
  • Assist in developing budgets for manufacturing and operational costs
  • Track actual expensese against budget and report variances
  • Collaborate with department heads to forecast operational needs
• Prepare ad-hoc reports on COGS and inventory matters as needed.
• Report and communicate to corporate and others globally
• Perform all other duties as assigned

Qualifications

• BS in Accounting, MBA a plus
• CPA preferred
• 7+ years of experience in a similar position; experience in a medium or large sized multinational company preferred
• Strong knowledge of US GAAP, IFRS, internal controls and financial reporting required
• Experience with SAP required
• Experience in a manufacturing environment required, preferably in medical device/pharma/biotech environment
• Advanced Excel skills, ability to work with pivot tables, lookups and IF statements
• Proficiency in Microsoft Word, Outlook and PowerPoint
• Strong analytical and problem-solving abilities
• Strong organizational and interpersonal skills
• Strong verbal and written communication skills
• Ability to work collaboratively across departmental functions
• Self-motivated to learn new concepts and participate in new projects
• Technically savvy

The target base salary range for this position will range from $107,000 to $119,000 annually. Individual compensation for this job requisition will be based on non-discriminatory factors, including your geographic location, skills, experience, education and other factors as they relate to the position requirements. Actual compensation may vary depending on the confirmed job-related skills and experience.

In addition to the expected base compensation, this role is eligible to participate in Sirtex’s incentive programs (target bonus of 10% for this position) and benefit plans, which include paid sick and vacation time, health insurance and a generous 401k matching program.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Do you want to be part of something bigger? A team whose impact stretches across the globe making a real difference to the quality of people’s lives. Sirtex recognizes that well-being, financial health, and work-life balance are crucial for our employees to achieve personal success. 

Sirtex offers qualified candidates:

• Diverse and flexible work arrangements to achieve the optimum balance between work and personal responsibilities.
• A culture of respect, diversity, collaboration, and innovation fostering inclusiveness and superior performance.
• Attractive compensation and benefit packages which are practical, robust and equitable.
• A commitment to support ongoing professional growth through career development, on the job experiences and training opportunities.
• Challenging work which supports the development of new and better ways to improve clinical outcomes for oncology treatment around the world.
• An unwavering commitment to company values, employee safety and excellence in everything we do.

Diversity drives innovation; inclusion fosters belonging, growth and success. Sirtex believes that it takes multiple perspectives and voices to create a culture and workplace which fosters engagement, teamwork, and employee satisfaction to perform our best and deliver on commitments. We are dedicated to fostering an environment where all employees feel valued, included, and can share their ideas so that we can exceed even our own expectations.

Sirtex is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other characteristic protected under applicable law. Sirtex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.