Sr. Cost Accountant, CMO - Pacira Pharmaceuticals, Inc.

Parsippany, NJ

About the Job

Overview:

About Pacira

Pacira BioSciences, Inc. is a leading provider of non-opioid pain management and regenerative health solutions dedicated to improving outcomes for health care practitioners and their patients. Our in-depth knowledge of non-opioid pain management, coupled with our passion for advancing patient care, drives our commitment to providing solutions that address unmet medical needs and improve clinical results.

Why work with us?

Rarely do you have an opportunity to do work that really matters. What drives us is our mission. What makes us successful are our people. At Pacira, you are part of an inclusive culture that fosters collaboration, growth, and innovative thinking - a place where you can make an impact and help change the standard of care in non-opioid pain management. Be part of our movement, let’s pursue excellence together.

Summary:
The Sr. Cost Accountant will be responsible for CMO site accounting including cost and inventory accounting, fixed assets, departmental accruals, and monthly close activities. This position will provide timely, accurate and relevant financial information and ensure insights are provided to the business.

Responsibilities:

Essential Duties & Responsibilities:

The following statements are intended to describe the general nature and level of work being performed by an individual assigned to this job. Other duties may be assigned.

Perform CMO monthly product costing and inventory accounting close including but not limited to:
- Prepare month-end journal entries and account reconciliations for inventory
- Determine inventory reserves and document conclusions
- Prepare balance sheet analytics for appropriate accounts
- Prepare documentation including trends, variance analysis, spend by department, and analysis of budget versus actual
- Prepare detailed margin analytics, product costs and key performance indicators with explanations of business drivers
- Timely report on manufacturing variances including material, labor and overhead variances and product costing actual versus forecast
- Interact with external and internal auditors, prepare, and provide documentation for annual audits and SOX
Perform CMO product costing and inventory accounting including but not limited to:
- Standard cost development
- Annual inventory counts
- Implement any necessary system changes related to inventory sub-ledger
- Subject matter expert for general ledger costing and inventory
- Collaborate with Supply Chain to ensure proper set up in system (Store codes, BOM, Part ID's, etc.)
- Develop and document policies and procedures for monthly inventory system close
Serve as the Finance liaison with CMO and Pacira management
- Review bill-backs from our contract manufacturer(s)
- Facilitate dispute resolutions
- Train the business on financial inventory policies and procedures
- Provide support on business decisions by performing financial analysis
Maintain and Monitor inventory intercompany process, which includes maintaining transfer prices for intercompany sales, monitoring inventory activity to ensure proper elimination of intercompany transactions, and preparing eliminations entries as necessary
Participate in the annual audit and inventory counts, ensuring adherence to finance and accounting policies consistent with GAAP and SEC requirements and compliance with SOX 404 standards
Other ad hoc analysis / projects as deemed appropriate

Supervisory Responsibilities:
No supervisory responsibilities

Interaction:

Travel estimated at 5%

Qualifications:

Education and Experience:

Bachelor’s degree in accounting/finance from accredited college or university, CPA, or MBA a plus
Minimum of 3 years of related experience in Finance or Accounting, including cost accounting experience
Process Manufacturing and/or Pharmaceuticals is a plus

Knowledge, Skills, and Abilities:

General accounting principles and the preparation and implementation of accounting policies, systems, and procedures
GAAP and SOX with an understanding of internal accounting controls and preparing and implementing accounting controls and procedures
Cost and Inventory Accounting
Demonstrated analytical abilities
Excellent oral and written English communication skills
Experience working in a fast-paced environment
Flexibility regarding working hours to allow for UK time differences
Proven ability to manage multiple projects, set priorities and meet deadlines

High proficiency in MS Office including Excel (expert level), Word, Power Point

Benefits:

Benefits:

Medical, Prescription, Dental, Vision Coverage
Flexible Spending Account & Health Savings Account with Company match
Employee Assistance Program
Mental Health Resources
Disability Coverage
Life insurance
Critical Illness and Accident Insurance
Legal and Identity Theft Protection
Pet Insurance
Fertility and Maternity Assistance
401(k) with company match
Flexible Time Off (FTO) and 11 paid holidays
Paid Parental Leave

EEO Statement:

EEO Statement: Pacira is proud to be an Equal Opportunity Employer and does not discriminate against applicants because of race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), national origin, age (40 or older), veteran status, disability or genetic information, or any other characteristic protected under applicable federal, state, or local law. At Pacira we are committed to intentionally cultivating a culture of inclusion where all feel welcomed and valued for their background, perspectives, and experiences. We hold one another accountable to promote trust and transparency in support of our communities and collective purpose.
Agency Disclaimer: Pacira Biosciences, Inc. (Hereafter, Pacira) does not accept unsolicited resumes from recruiters or employment agencies in response to the Pacira Careers page or a Pacira social media post. Pacira will not consider or agree to payment of any referral compensation or recruiter fee relating to unsolicited resumes. Pacira explicitly reserves the right to hire said candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Pacira.

Source : Pacira Pharmaceuticals, Inc.