Senior US Cost And Inventory Accountant - Revvity, Inc.
Lafayette, CO
About the Job
Overview:
Join our dynamic team as a Senior Cost and Inventory Accountant, where you
will spearhead all inventory accounting activities for our Horizon-Dharmacon
and BIOO Business units located in Lafayette, Colorado. As a pivotal
member, you will establish and uphold the inventory accounting principles
and practices integral to the business unit's success. Your expertise will
ensure robust internal controls and the meticulous preparation of inventory
financial reports, empowering strategic decision-making at every turn.
In this role, you will collaborate closely with cross-functional teams,
contributing to planning and budgeting initiatives to drive organizational
growth and efficiency. This opportunity is hybrid, expected to work at our
subsidiary in Lafayette, Colorado (Tuesday - Thursday).
Job Purpose:
The role involves comprehensive management and oversight of inventory
accounting in accordance with ASC 330 for the Dharmacon Inc. and BIOO business
units. Key responsibilities include maintaining local inventory ledger
entries, managing product BOM standard costings, handling variance and
balance reporting, and overseeing obsolescence and shelf-life management.
The role ensures the accuracy and timeliness of recorded financial data and
involves conducting test counts and other inventory control functions.
Additionally, the position encompasses the ownership, calculation, and
initiation of supplier royalties for sales made by the Dharmacon and BIOO
businesses globally. The role requires attention to detail and the ability to
manage multiple aspects of inventory and supplier payments efficiently.
Job Responsibilities:
Account for inventory under ASC 330 for two businesses located in Lafayette,
Colorado.
Interact and work with the operations teams in Lafayette, Colorado.
Interact with controlling teams in the UK and Poland for posting entries.
For both businesses:
Propose month end adjustments by product line based on operations inventory
stock reports.
Reconcile inventory and related accounts on a monthly basis.
Perform/manage cycle count process.
Maintain the LIM systems; purchasing and sale of inventory items and
interaction with D365 and SAP systems.
Calculate and propose inventory reserve amounts.
Monitor movements between inventory (raw material, work in process and
finished goods)
Review monthly costs including manufacturing expense and other costs,
variances etc.
Perform and assess the annual standard cost updates.
Plan/budget labor overhead rates and other burden rates for manufacturing.
Coordination of monthly inventory close activities meeting required deadlines.
Support the development of new systems, processes and reports.
Support Controller with special projects and workflow process improvements.
Ownership, calculation and payment initiation of supplier royalties due on
sales made by the Dharmacon and BIOO businesses worldwide.
Specific Financial Planning and Analysis ("FP&A") support for the
BIOO business:
Participate in FP&A forecast meetings.
Help develop the annual operating plan ("AOP") inventory planning and
execution (updating forecast each month based on actuals, etc.).
Prepare quarterly financial forecasts for inventory related balances.
Basic Qualifications:
Bachelor's degree in accounting, finance or a related field AND
Minimum of 5 years of progressive inventory cost accounting experience AND
1-2 years of experience in financial planning & analysis.
Preferred Qualifications:
Appropriate accounting qualification (CPA).
2-3 years' prior public accounting experience.
Previous experience of Microsoft Dynamics D365 and/or SAP.
Experience operating in a SOX environment.
Strong Excel and accounting systems skills
A desire to improve processes and drive efficiency.
Sound knowledge of accounting principles, standards and regulations.
Strong verbal and written communication skills.
Ability to multi-task, work under pressure and meet deadlines required.
What do we offer?
We provide competitive and comprehensive benefits to our employees.Below are
some highlights of our benefits:
Medical, Dental, and Vision Insurance Options
Life and Disability Insurance
Paid Time-Off
Parental Benefits
401k with Company Match
Employee Stock Purchase Plan
Learn more about Revvity's benefits by visiting our Why Revvity page.
The base salary range for this full-time position is $85,000.00 -
$95,000.00. This range reflects the minimum and maximum target for a new
hire in this position. The base pay actually offered to the successful
candidate will take into account internal equity, work location, and
additional factors, including job-related skills, experience, and
relevant education or training. Your recruiter can share more about the
specific salary range for your preferred location during the hiring process.
Please note that base pay is only one part of our total compensation package
and is determined within a range. This range allows for the successful
candidate to have an opportunity to progress within the position and develop
at our company. This base pay range does not take into account bonuses,
equity, or other benefits which may be applicable and are dependent on the
level and position offered.
Join our dynamic team as a Senior Cost and Inventory Accountant, where you
will spearhead all inventory accounting activities for our Horizon-Dharmacon
and BIOO Business units located in Lafayette, Colorado. As a pivotal
member, you will establish and uphold the inventory accounting principles
and practices integral to the business unit's success. Your expertise will
ensure robust internal controls and the meticulous preparation of inventory
financial reports, empowering strategic decision-making at every turn.
In this role, you will collaborate closely with cross-functional teams,
contributing to planning and budgeting initiatives to drive organizational
growth and efficiency. This opportunity is hybrid, expected to work at our
subsidiary in Lafayette, Colorado (Tuesday - Thursday).
Job Purpose:
The role involves comprehensive management and oversight of inventory
accounting in accordance with ASC 330 for the Dharmacon Inc. and BIOO business
units. Key responsibilities include maintaining local inventory ledger
entries, managing product BOM standard costings, handling variance and
balance reporting, and overseeing obsolescence and shelf-life management.
The role ensures the accuracy and timeliness of recorded financial data and
involves conducting test counts and other inventory control functions.
Additionally, the position encompasses the ownership, calculation, and
initiation of supplier royalties for sales made by the Dharmacon and BIOO
businesses globally. The role requires attention to detail and the ability to
manage multiple aspects of inventory and supplier payments efficiently.
Job Responsibilities:
Account for inventory under ASC 330 for two businesses located in Lafayette,
Colorado.
Interact and work with the operations teams in Lafayette, Colorado.
Interact with controlling teams in the UK and Poland for posting entries.
For both businesses:
Propose month end adjustments by product line based on operations inventory
stock reports.
Reconcile inventory and related accounts on a monthly basis.
Perform/manage cycle count process.
Maintain the LIM systems; purchasing and sale of inventory items and
interaction with D365 and SAP systems.
Calculate and propose inventory reserve amounts.
Monitor movements between inventory (raw material, work in process and
finished goods)
Review monthly costs including manufacturing expense and other costs,
variances etc.
Perform and assess the annual standard cost updates.
Plan/budget labor overhead rates and other burden rates for manufacturing.
Coordination of monthly inventory close activities meeting required deadlines.
Support the development of new systems, processes and reports.
Support Controller with special projects and workflow process improvements.
Ownership, calculation and payment initiation of supplier royalties due on
sales made by the Dharmacon and BIOO businesses worldwide.
Specific Financial Planning and Analysis ("FP&A") support for the
BIOO business:
Participate in FP&A forecast meetings.
Help develop the annual operating plan ("AOP") inventory planning and
execution (updating forecast each month based on actuals, etc.).
Prepare quarterly financial forecasts for inventory related balances.
Basic Qualifications:
Bachelor's degree in accounting, finance or a related field AND
Minimum of 5 years of progressive inventory cost accounting experience AND
1-2 years of experience in financial planning & analysis.
Preferred Qualifications:
Appropriate accounting qualification (CPA).
2-3 years' prior public accounting experience.
Previous experience of Microsoft Dynamics D365 and/or SAP.
Experience operating in a SOX environment.
Strong Excel and accounting systems skills
A desire to improve processes and drive efficiency.
Sound knowledge of accounting principles, standards and regulations.
Strong verbal and written communication skills.
Ability to multi-task, work under pressure and meet deadlines required.
What do we offer?
We provide competitive and comprehensive benefits to our employees.Below are
some highlights of our benefits:
Medical, Dental, and Vision Insurance Options
Life and Disability Insurance
Paid Time-Off
Parental Benefits
401k with Company Match
Employee Stock Purchase Plan
Learn more about Revvity's benefits by visiting our Why Revvity page.
The base salary range for this full-time position is $85,000.00 -
$95,000.00. This range reflects the minimum and maximum target for a new
hire in this position. The base pay actually offered to the successful
candidate will take into account internal equity, work location, and
additional factors, including job-related skills, experience, and
relevant education or training. Your recruiter can share more about the
specific salary range for your preferred location during the hiring process.
Please note that base pay is only one part of our total compensation package
and is determined within a range. This range allows for the successful
candidate to have an opportunity to progress within the position and develop
at our company. This base pay range does not take into account bonuses,
equity, or other benefits which may be applicable and are dependent on the
level and position offered.
Source : Revvity, Inc.