Cost Accountant

Position Title: Cost Accountant (Senior / Manager)

Classification: Exempt

Reports To: Director of Finance & Accounting

Who is Active Motif?

Active Motif is the industry leader in developing and delivering innovative tools to enable epigenetics and gene regulation research. We are committed to providing the highest quality products and superior service & support to serve the life science, clinical and pharmaceutical/drug discovery communities. Whether you are an expert in the field of epigenetics or a researcher interested in integrating epigenetics research into your studies, Active Motif offers a comprehensive portfolio of epigenetics-related products and services and the support of our team of epigenetic experts to provide complete and innovative solutions to tackle your scientific inquiries.

What's the job all about?

The Cost Accountant is an integral member of the Finance & Accounting team analyzing manufacturing costs, preparing reports, presenting accurate data, as well as recognize and recommend cost-effective solutions. In addition, this role will provide support to assist in establishing company budgets and strategic goals.

• Responsible for month-end close, general ledger, manufacturing accounting, standard costs, establishing costs
• Analyze monthly financials and report on variances of actuals versus budget, month-to-month, year-over-year and recommend adjustments
• Maintain monthly allocation entries, recording amortization of capitalized manufacturing variances
• Monitor inventory control activities, such as reconciling physical vs perpetual records, cycle counts, excess, raw material, operations costs, bill of materials (BOM), work in progress (WIP), Cost of Goods Sold (COGS).
• Participate in month-end close and inventory accounts and prepare reconciliation.
• Responsible in maintaining standard cost (materials & labor) updates as needed.
• Assist in creating a model to capture actual manufacturing cost (materials, labor & overhead) in order to determine product pricing.
• Support and provide internal/external auditors with accurate data and explanations.
• Develop automated reporting and forecasting tools for efficient use of data.
• Complete account analyses of workorders, variances and inventory activities
• Document Standard Operating Procedures (SOPs) to streamline and improve efficiencies.
• Contribute to the budget process in preparing data to be used by department leaders to create their annual budgets; liaison and communicate and regularly to ensure completion of budgets in a timely manner.
• Work closely with accounting team regarding the proper posting of overhead expenses.
• Coordinate with Manufacturing & Supply chain departments to ensure proper procedures are established for inventory movement.
• Work effectively as a team contributor on all assignments, as well as independently, while understanding the necessity for communicating and collaborating work efforts with other team members
• May be required to work overtime occasionally, as well as other duties that may be assigned

What you can offer?

Education/Qualifications:

• A minimum of a Bachelor's degree in accounting or finance

• 3 - 7 years of experience as a cost accountant; biotech industry a plus
• Proficient with MS Office Suite, Excel (Pivot Tables, VLookup, etc.)
• Strong knowledge and skills of any ERP, (Dynamics NAV) software a plus
• Exceptional knowledge of accounting, finance, budgeting, cost control principles and (GAAP)

Competencies:

• Solid understanding of costing processes for manufacturing, equipment and service based businesses
• High attention to detail and problem solving and sense of urgency
• Professional written and verbal communication

Success Factors:

• Excellent anaylytical, critical-thinking and problem-solving skills
• Ability to work effectively in a fast-paced environment
• Time management: prioritize tasks to ensure that projects are completed by deadlines
• Personable, efficient and a highly motivated professional with an internal drive to succeed
• Demonstrated ability to follow Standard Operating Procedures (SOP) and maintain detailed records

What Active Motif can offer?

• Health Insurance: Medical, Dental, and Vision (offering no-cost employee premium plans; and 50% subsidized premiums for dependents)
• Life Insurance, Short- and Long-term Disability Insurance
• 401(k) w/generous company match after ninety (90) days of employment
• Paid Time Off (PTO): 120 hours on an annual incremental schedule
• Ten (10) paid Major Holidays, and year-end paid Holiday time off
• Free Electric Vehicle Charging Station
• Collective Ambition Culture
• Team Building Activities and Celebrations
• Salary Range: $90-130k per year

*The salary of the final candidate selected for this role will be set based on a variety of factors, including but not limited to, experience, education, specialization, skills, abilities, and training. The salary range represents Active Motif's good faith and reasonable estimate of the possible compensation at the time of the posting. Certain positions may be eligible for additional compensation such as commission, bonus, and stock options. All benefits are subject to eligibility requirements.

Salary : $90,000 - $130,000