Senior Accountant - Cost Accounting - Applied Medical
Rancho Santa Margarita, CA 92688
About the Job
Applied Medical is a new generation medical device company with a proven business model and commitment to innovation fueled by rapid business growth and expansion. Our company has been developing and manufacturing advanced surgical technologies for over 35 years and has earned a strong reputation for excellence in the healthcare field. Our unique business model, combined with our dedication to delivering the highest quality products, enables team members to contribute in a larger capacity than is possible in typical positions.
Position Description:As a Senior Accountant - Cost Accounting, you will be responsible for working within the framework of a team and performing the following activities:
- Manage the monthly, quarterly, and annual financial closing process for the costing and inventory modules and ensure accuracy of various system and manually generated transactions/entries.
- Prepare and review various inventory and cost accounting entries and account reconciliations.
- Provide fluctuation analysis explanations for various components of worldwide gross margins for both domestic operations and foreign subsidiaries.
- Review manufacturing variances and work with operations teams to reduce these variances.
- Provide accurate and timely inventory and costing reports (Gross Margin, Standard Cost Change, Manufacturing Variance, Manufacturing Variance Trend, Overhead Absorption Details, Overhead Absorption Report, Labor Utilization Report, Cycle Count Report, WIP Report, etc.) to the operations teams in order to support the company's continuous improvement approach.
- Analyze standard costs and review the standard cost roll-ups for new products and new production operations and investigate/resolve large variances prior to finalization of rolling standards.
- Maintain and update standard cost for new and existing products.
- Understand and apply overhead pools for different products and cost centers based on applicable cost driver (direct labor hours, machine hours, etc.).
- Work with operations teams to analyze inventory for potential excess and obsolete reserves and make related entries in accordance with the company's policies.
Perform inventory cycle count and work-in-progress audits. - Interact with internal auditors and provide various analysis and audit schedules and work to ensure compliance with all internal control procedures.
- Provide external audit support and assist with the year-end physical inventory observation.
- Assist with special projects and ad-hoc requests, as necessary.
- Provide ongoing performance monitoring through the creation of annual reviews.
This position requires the following skills and attributes:
- Minimum five years of experience using a “standard cost” model in a manufacturing industry.
- Comprehensive understanding of manufacturing variances, overhead absorption, and standard costs.
- Detailed experience with inventory and COGS accounts reconciliations and related accounting.
- Experience with month-end closing and working in a fast-paced environment.
- Experience with inventory cycle count process.
- Competitive compensation range: $85,000 - $110,000 / year (California)
- Comprehensive benefits package.
- Training and mentorship opportunities.
- On-campus wellness activities.
- Education reimbursement program.
- 401(k) program with discretionary employer match.
- Generous vacation accrual and paid holiday schedule.
Please note that the compensation range may be adjusted in the future, and bonus and incentive compensation plans may apply.
Our total reward package reflects our commitment to employee growth and well-being, as we invest in your development and offer a range of benefits designed to enhance your career and life.
All compensation and benefits are subject to plan documents and written agreements.
Equal Opportunity Employer
Applied Medical is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), or sexual orientation, or any other status protected by federal, state or local laws in the locations where Applied Medical operates.