Senior Cost Accountant
Job Description Summary
The Senior Cost Accountant at STEMCELL is a key business partner to Operations at STEMCELL, and must be able to handle the complexity and speed associated with our global operations, multiple currencies, and intercompany transactions. This role will be responsible for make items, material usage variance, indirect materials, direct labor, and departmental spend for the Manufacturing and Quality departments. This role will be responsible for the full cycle from budgeting, actuals, reporting, variance analysis, and forecasts for the above items and is expected to work with limited supervision.
Duties and Responsibilities
Business partner to Operations
Supporting stabilization and optimization of new SAP ERP system
- Joint Ownership within a team environment of everything having to do with make items:
- Explaining the impact on finished goods’ cost from bill of material (BOM) changes
Correctly setting the standard costs for new make items
Reviewing work order variances
Understanding all BOM changes and challenging them, if necessary
Reporting on scrap and material usage variance
Recording manual journal entries related to the above
Preparing monthly management reporting package for the following: Scrap and material usage variance, Indirect materials, Direct labour
Completing revamp of our existing processes
Revising forecasts quarterly
Tracking progress towards cost reduction projects reflected through BOM changes
Support during external audit activities
Performing other duties and projects as required by the business
Develop reporting insight and drive Governance improvements for Inventory management
Purchase price variance
Inventory : Turns and Reserve for slow-moving and obsolete inventory
Skills & Qualifications
Bachelor’s degree in Accounting, Commerce, Business Administration or related field
Professional designation (CPA) is required
Minimum of 5 years of accounting experience, preferably in manufacturing cost accounting; biotechnology or pharmaceutical industry experience is an asset
Business and financial acumen to be able to understand and interpret data, providing information to the business in a summary format that is easy-to-understand; desire to have an impact on the business beyond the disciplines of corporate services and finance
Advanced proficiency using MS Office, specifically MS Excel including use of pivot tables; Access knowledge is desired. Must be capable of extracting, manipulating and analyzing data with ease.
Experience working with an ERP system and hands-on experience with accounting software packages
Experience working with BPC/BI is preferred.
Thorough understanding of standard cost accounting principles; understanding of the theory of constraints is an asset
Structured, disciplined and organized; a systems thinker with demonstrated process improvement skills; proven analytical / quantitative skills are required
Exceptional interpersonal and communication skills (written and oral); communicates in a clear, concise and organized manner; listens to others to obtain information
Experience working in a high volume and fast paced environment with overlapping priorities and deliverables
Strong attention to detail and a demonstrated ability to connect the dots - to understand how every item impacts operations, budgets, actuals, reporting, and forecasts.
STEMCELL Technologies Inc. is a privately-owned biotechnology company based in Vancouver that helps power leading-edge life science research around the world. Scientists performing stem cell, immunology, cancer, regenerative medicine and cellular therapy research are among those who rely on our cell culture media, cell separation products, instruments, ancillary reagents and contract assay services. We create novel, useful, standardized products of unfailing quality and deliver them to more than 70 countries via our many regional offices plus distribution centres in Vancouver, Seattle, Grenoble and Singapore. Driven by our love of science and our passion for quality, we see ourselves simply as “Scientists Helping Scientists” – standing by our customers to provide outstanding products, technical support and training. We have over 1000 science-oriented employees globally, including 250 PhDs/MScs, with most others holding a BSc or engineering degree. STEMCELL is proud to be the largest Biotechnology employer in Canada.
This is an opportunity to work with highly motivated colleagues in a science-oriented, creative and dynamic environment. We offer a competitive salary, excellent benefits and significant career development opportunities.
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Create an account by selecting the create account button. You will then be asked for your email and to create a password. Your Password must be eight characters long, contain at least one special character, one capital letter, and a number.Once you have created your password you will be asked to upload your resume. Uploading your resume will provide the ability to auto-populate your application with information from your resume. If you prefer to manually complete all of the fields in the application you can do this by clicking next. You can upload your cover letter as an attachment in the attachments screen. Thank you for your interest in STEMCELL!