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Senior Cost Accountant

LocationVancouver, British Columbia
Job ID R0002250 Date posted 11/08/2019

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.

Job Description

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

  • Buy items

  • Purchase price variance

  • Freight-in

  • 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.

To apply please select the apply button. You will then be directed to a login screen asking you to set up an account. You must set up an account in order to apply. 

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!


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