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Cost Accountant

Cost Accountant

  • 2021-24441
  • Irvine, California, United States

As a Senior Cost Accountant at Bio-Rad, you will be a key part of the corporate finance team supporting Global Supply Chain (GSC).  You will be expected to have in-depth knowledge of your customer business unit or function in order to provide cost accounting responsibilities. 

 

You are a highly motivated, technically proficient person with a strong sense of ownership and business ethics to deliver quality work on a daily basis.

Responsibilities

  • Prepares, leads and communicates the analysis of manufacturing performance and/or metrics; includes
  • monthly/quarterly business reviews, annual budget, 6+6/forecast and any other strategic business requirements.
  • Support Manufacturing for forecast/budget of cost center expenses, capital & headcount. Ensure requirements are understood and that submittals and timelines met.
  • Perform analysis on spending & absorption, purchase price variance, work orders, inventory driven costs.
  • (scrap, E&O, cycle count, etc.) for the monthly scorecard & plant package.
  • Performs other month-end close and reporting duties (accruals, cost center reclasses, etc.).
  • Support allocation process across all Manufacturing sites ensuring Managers/Directors align on allocations.
  • Performs WIP aging and analyze scrap working with Manufacturing, QA & Planning.
  • Support Plant Managers to identify and drive cost reductions and gross margin improvements.
  • Partners with Manufacturing & Finance on key projects as requested (i.e., excess & obsolete, scrap initiatives) to understand how costs are impacted.
  • Prepares return on investment analysis for capital requests and new product introductions.
  • Prepares quarterly work papers for internal and external audit.
  • Supports the annual Standard Cost and Tier 1 MDG approvals.
  • Ensures Plant Managers & Controller understand the costing data (labor, material, ovhd, costing lost size) for multiple locations.
  • Work with Engineering to review BOM and Router changes.
  • Develops the labor and overhead rates and support mtl burden analysis.
  • Coordinates with North America cost accounting team to implement best practices.

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics or Other Equivalent.
  • Ability to effectively communicate with peers across various site functions and with higher level
  • management.
  • Ability to work in cross-functional and remote teams.
  • 3-5+ years’ experience in cost accounting or equivalent combination of education and experience.
  • Strong knowledge of GAAP and sound understanding of financial statement mechanics in a manufacturing environment.
  • Strong written and oral communication skills.
  • MS Office Software, including strong Excel skills.
  • SAP experience preferred.

 

Vaccination Requirement: 

 

Due to the higher threat of more infectious and deadly COVID-19 variant strains emerging, Bio-Rad recently announced a new mandatory vaccination policy requiring its US employees to be fully vaccinated against COVID-19 as a condition of employment. Bio-Rad will make reasonable accommodations for valid exemptions based on disability, medical, or religious reasons. With this policy, Bio-Rad joins a growing list of companies that are prioritizing sound science and available facts to best ensure the ongoing safety of its employees and the community.

 

About Bio-Rad:

 

Bio-Rad is a global leader providing a broad array of clinical diagnostics and life science research products. With a team of more than 8,000 employees and a global network of operations serving our customers, we help people live longer, healthier lives.

 

Bio-Rad was founded over six decades ago and has continued to provide the healthcare industry with innovative and useful products that help life science researchers accelerate the discovery process and medical diagnostic labs obtain faster, better results.

 

EEO/AA Employer/Veterans/Disabled/Race/Ethnicity/Gender/Age

 

Agency Non-Solicitation: 

 

Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resumes.

 

 

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