Senior Manager, Cost Accounting

The Role:

This role is an exciting opportunity to be a critical part of the Finance team supporting a high-growth organization that is radically changing the biotech industry. The Sr. Manager, Cost Accounting will join a collaborative Finance team supporting our global CMC organization, which includes manufacturing operations, supply chain management, and facilities for this site. Responsibilities will focus on areas of inventory, standard costing, and cost of goods.

We work collaboratively as a team, strive boldly for excellence, remain constantly curious and committed to ongoing learning and improvement, and are relentless in our pursuit of the best talent in the industry. This role reports to our Director of Cost Accounting and is based on-site at our Norwood Moderna Technology Campus, with a work arrangement that includes 70% on-site presence and up to 30% flexibility to work from home.

Here's What You’ll Do:

• Maintain standard costs for all raw materials, WIP, semi-finished, and finished goods processes, demonstrating a digitize everywhere possible approach to ensure accuracy and efficiency in our cost accounting systems.

• Review current product costing methodology and process and identify improvement opportunities, applying a question convention mindset to enhance our cost management practices.

• Maintain a standard cost system to ensure the accuracy of inventory valuation and support annual manufacturing cost standard updates, reflecting our obsess over learning commitment to precision and accountability.

• Monitor transactions and processes including inventory movement, scrap, cycle counts, and cost of goods to ensure accuracy and compliance with corporate policies, showcasing our behave like owners ethos.

• Assist in month-end closing, prepare journal entries as necessary for inventory and cost of goods, and prepare general ledger reconciliations for all inventory and cost of goods accounts, embodying a push past possible attitude towards financial management.

• Coordinate with Supply Chain Management and Manufacturing departments to discuss and resolve issues in areas such as production, purchasing, accounts payable, receiving, shipping, and other, fostering a remove viscosity environment for smoother operational flow.

• Prepare and verify product costs in support of all cost-based pricing contracts, intercompany transfer pricing, and shipping valuations, using act with dynamic range to balance strategic analysis and day-to-day operations effectively.

• Analyze and report purchasing and manufacturing variances, employing a pivot fearlessly approach to quickly adapt strategies based on financial insights.

• Calculate Excess & Obsolescence reserves and develop and maintain SOX controls related to costing and inventory, ensuring robust financial controls and compliance.

• Oversee annual physical inventory and prepare for and participate in internal and external reviews and audits, upholding a high standard of accuracy and transparency.

• Support in the preparation of annual budgets and short-term forecasts, contributing strategically to financial planning and forecasting.

• Assist with day-to-day accounting activities where needed and work on special projects as required, demonstrating flexibility and a relentless pursuit of excellence.

This role is designed for an ambitious finance professional who helps promote an inclusive environment, thrives in a dynamic, fast-paced environment and is eager to drive significant impact within a transformative company. The Senior Manager, Cost Accounting, will not only ensure rigorous financial oversight and strategic investment but also contribute to Moderna’s broader mission of delivering transformative medicines.

Here’s What You’ll Bring to the Table:

Basic Qualifications:

• 7 year’s of progressive experience in cost accounting

• BS/BA in Accounting/Finance and seven years of relevant cost accounting experience

• SAP experience

• Experience in a process manufacturing environment and a general understanding of discrete manufacturing

Preferred Qualifications:

• Public company experience a plus, with a working knowledge of cGMP

• Knowledge of U.S. Generally Accepted Accounting Principles (GAAP)

• Strong communication skills, ability to present financial information in a meaningful understandable way

• Self-motivated and ability to work independently and collaboratively and strong organizational skills are essential

• Ability to work in a time-sensitive and high-volume environment

• Excellent computer skills, including Microsoft Office suite and related tools

• A desire to be part of a high-growth, transformational company that is Bold, Relentless, Curious, and Collaborative.

Moderna is pleased to provide you and your family with a comprehensive and innovative suite of benefits, including:

• Highly competitive and inclusive medical, dental and vision coverage options
• Flexible Spending Accounts for medical expenses and dependent care expenses
• Lifestyle Spending Account funds to help you engage in personal enrichment and self-care activities
• Family care benefits, including subsidized back-up care options and on-demand tutoring
• Free premium access to fitness, nutrition, and mindfulness classes 
• Exclusive preferred pricing on Peloton fitness equipment
• Adoption and family-planning benefits
• Dedicated care coordination support for our LGBTQ community
• Generous paid time off, including:
  •    Vacation, sick time and holidays
  •    Volunteer time to participate within your community
  •    Discretionary year-end shutdown
  •    Paid sabbatical after 5 years; every 3 years thereafter
• Generous Paid Leave offerings, including 18 weeks of 100% paid parental leave for all new parents
• 401k match and Financial Planning tools
• Moderna-paid Life, LTD and STD insurance coverages, as well as voluntary benefit options
• Complimentary concierge service including home services research, travel booking, and entertainment requests
• Free parking or subsidized commuter passes
• Location-specific perks and extras!

About Moderna

Since our founding in 2010, we have aspired to build the leading mRNA technology platform, the infrastructure to reimagine how medicines are created and delivered, and a world-class team. We believe in giving our people a platform to change medicine and an opportunity to change the world. 

By living our mission, values, and mindsets every day, our people are the driving force behind our scientific progress and our culture. Together, we are creating a culture of belonging and building an organization that cares deeply for our patients, our employees, the environment, and our communities.

We are proud to have been recognized as a Science Magazine Top Biopharma Employer, a Fast Company Best Workplace for Innovators, and a Great Place to Work in the U.S.

As we build our company, we have always believed an in-person culture is critical to our success. Moderna champions the significant benefits of in-office collaboration by embracing a 70/30 work model. This 70% in-office structure helps to foster a culture rich in innovation, teamwork, and direct mentorship. Join us in shaping a world where every interaction is an opportunity to learn, contribute and make a meaningful impact.

If you want to make a difference and join a team that is changing the future of medicine, we invite you to visit modernatx.com/careers to learn more about our current opportunities.

Moderna is a smoke-free, alcohol-free and drug-free work environment.

Moderna is a place where everyone can grow. If you meet the Basic Qualifications for the role and you would be excited to contribute to our mission every day, please apply!

Moderna is proud to be an equal opportunity workplace and is an affirmative action employer.

Moderna is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry or citizenship, ethnicity, disability, military or protected veteran status, genetic information, sexual orientation, marital or familial status, or any other personal characteristic protected under applicable law. Moderna is an E-Verify Employer in the United States. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.

Belonging, Inclusion, and Diversity are critical to the success of our company and our impact on society. We’re focused on attracting, retaining, developing, and advancing our employees and believe that by cultivating diverse experiences, backgrounds, and ideas, we can provide an environment where every employee is able to contribute their best.

Moderna is committed to offering reasonable accommodations to qualified job applicants with disabilities. Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should contact the Accommodations team at leavesandaccommodations@modernatx.com.  (EEO/AAP Employer) 

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