Senior Manager, Cost Accounting at Foundation Medicine, Inc.

This job listing has expired and the position may no longer be open for hire.

Posted in General Business 30+ days ago.

Type: Full-Time
Location: Cambridge, Massachusetts

Job Description:

About the Job

The Senior Manager, Cost Accounting is responsible for leading FMI's inventory and cost accounting function to ensure accurate financial records, effective stakeholder relationships, and to facilitate process improvement and cost-saving initiatives. This leader will leverage a "big picture" understanding of FMI's operational footprint and processes while also being willing to roll up their sleeves to dive into the details and resolve challenges when they arise. This leader will have a deep knowledge of cost accounting principles as well as strong, detail-oriented analytical and problem-solving skills to recognize and understand the cross-functional impact of both business decisions and individual transactions.

Key Responsibilities

Oversee the month-end close process for inventory and cost of sales, including 1) the review of journal entries, 2) monthly account reconciliations of the general ledger to inventory subledgers, and 3) provision of analysis and commentary to CFO and Executive Team as part of Accounting team's overall monthly financial reporting deliverables

Partner with leaders of other functions within the organization to identify cost-saving opportunities and optimize site operational strategy

Leverage past experience to bring insight to process and system improvement, both short-term initiatives and longer-term ERP implementation objectives

Oversee the Accounting team's tracking and monitoring of raw materials and consumables inventory, including physical counts and identification of potential excess and obsolete inventory in coordination with Supply Chain and Operations

Ensure the overall accuracy and integrity of the design of bills of material for WIP and FG items, including timely identification of changes in the manufacturing processes for existing products

Partner with other relevant functions, such as Procurement, to update standard costs for materials, labor, and overhead in our WIP and FG items

Establish, maintain, and update effective manufacturing labor and overhead cost allocation models including capitalized variances and subsequent sell-through

Assist FP&A with the forecasting process related to inventory and cost of sales

Partner with R&D and Operations to develop cost estimates for potential new products

Manage two direct reports in cost accounting, assisting in the prioritization of work deliverables and providing mentoring and career pathing

Maintain responsibility for the design and execution of effective internal controls within the inventory and cost of goods sold processes

Other duties as assigned

Qualifications

Basic Qualifications

Bachelor's Degree in Finance or Accounting

7+ years of experience in Cost Accounting, including 2+ managing the work of others

Preferred Qualifications

Master's of Business Administration, or similar Master's Degree

5+ years of experience with:

o Microsoft Dynamics Great Plains or similar ERP platform

o Analyzing cost related data and models

o FIFO periodic costing

o Standard costing

o Advanced modeling in Microsoft Excel

Demonstrated history of successfully managing multiple concurrent initiatives and maintaining one's own workload

Demonstrated ability to meet project deadlines

Strong interpersonal skills that include excellent written communication, oral communication, collaboration, and problem solving with colleagues of other departments

Ability to work well under pressure while maintaining a professional demeanor

Excellent organization and attention to detail

Understanding of HIPAA and importance of privacy of patient data

Commitment to reflect FMI's values: passion, patients, innovation, and collaboration

Foundation Medicine, Inc. (FMI) began with an idea - to simplify the complex nature of cancer genomics, bringing cutting-edge science and technology to everyday cancer care. Our approach generates insights that help doctors match patients to more treatment options and helps accelerate the development of new therapies. Foundation Medicine is the culmination of talented people coming together to realize an important vision, and the work we do every day impacts real lives.

Foundation Medicine is proud to be an Equal Opportunity and Affirmative Action employer and considers all qualified applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin. Further, qualified applicants will not be discriminated against on the basis of disability or protected veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. See also FMI's EEO Statement and EEO is the Law and Supplement . If you have a disability or special need that requires accommodation, please let us know by completing this form . (EOE/AAP Employer)

More jobs in Cambridge, Massachusetts

Other less than a minute ago HR Director, Ragon Institute of Mass General, MIT, and Harvard Massachusetts General Hospital(MGH) Cambridge, Massachusetts
Other less than a minute ago Project Specialist, Product Commercialization Mass General Brigham Cambridge, Massachusetts
Other 4 minutes ago Lead Building Engineer Cushman & Wakefield Cambridge, Massachusetts

More jobs in General Business

General Business 34 minutes ago Guest Service Agent - Hilton San Diego Bayfront Hilton Global San Diego, California
General Business about 1 hour ago Engineer 2 (Full-Time) - Hilton Orlando Buena Vista Palace Hilton Global Orlando, Florida
General Business about 3 hours ago Food & Nutrition Aide American Healthcare, LLC Laurel Fork, Virginia