Sr Cost Accountant-Operations

Requisition : 34568

At Terumo Blood and Cell Technologies, our 8,000+ global associates proud to come to work each day, knowing that what we do impacts the lives of patients around the world. For Terumo, for Everyone, Everywhere.

We make medical devices and related products that are used to collect, separate, manufacture and process various components of blood and cells. With our innovative technologies and service offerings, we touch a patient's life every second of every day and are committed to continuing to increase the number of patients we serve. Advancing healthcare with heart.

With some of the best and brightest minds in the industry, an unmatched global footprint, comprehensive benefits and a distinct culture, Terumo Blood and Cell Technologies is a great place to work, grow and be part of a team that is focused on making a difference. Join us and help shape wherever we go next. You create your future and ours.

JOB SUMMARY

Under minimum supervision, this position includes the daily management of new and existing systems, developing new financial systems, as well as the maintenance, monitoring, and enhancing of existing systems. This position will evaluate the adequacy of and implement improvements to those systems in accordance with FASB, IRS, and SEC regulations. Such systems may include General Accounting and Cost Accounting.

ESSENTIAL DUTIES

• Develops, maintains, and monitors financial systems to ensure integrity in accordance with generally accepted accounting principles and Terumo BCT accounting procedures.
• Utilizes expertise to interpret the various outside generated requirements and practices and determines their applicability to the business.
• Analyzes problems and implements solutions to ensure consistency and accuracy of the financial systems. Represents the department or company with internal and external customers to resolve problems of a non-routine nature.
• Ensures inventories are properly valued in accordance with generally accepted accounting principles and assets are safely guarded.
• Provides training on transactions and procedures to internal customers as required.
• Computes and analyzes manufacturing variances and reviews with manufacturing personnel, providing timely and meaningful cost accounting information and analysis for manufacturing.
• Responsible for evaluating the adequacy of existing procedures relating to inventory and production, tracking, detailing weaknesses, and implementing improvements.
• Develops and maintains master data for standard costs of assigned product lines and monitors actual performance against these standards. Executes annual cost roll.
• Work cross functionally with business partners to prepare full profit and loss plan for assigned product lines and to develop cost estimates of new products.
• Analyzes General Ledger or sub-system output for consistency and accuracy and resolves questionable items.
• Analyzes and summarizes accounting data to make comparisons to similar data for other periods and prepares explanatory comments.
• Assists department managers with their budgets.
• Develops reporting capabilities and understanding of the multiple systems applications within the Terumo BCT environment.
• Assists with the month-end close process for the factory including review for completeness and running the month-end jobs in SAP (Assessments, Rate Calc, WIP, Variance and Settlement).
• Explains month-end variances and creates reports for upper management.
• Responsible the forecasting process, understanding upcoming deviations from plan.
• Attend Tier Meetings
• Additional job duties assigned as needed

MINIMUM QUALIFICATION REQUIREMENTS

Education

Bachelor's degree or, equivalent of education and experience sufficient to successfully perform the essential functions of the job may be considered.

Experience

Minimum 5 years experience in a manufacturing environment

• SAP experience preferred.
• An advanced degree or certification, such as an MBA, CCE, CMA or CPA beneficial.

Skills

• Demonstrated technical knowledge of the accounting requirements and practices generated by regulatory or professional outside agencies such as FASB, IRS, and SEC.
• In depth knowledge of and experience in Cost Accounting
• Demonstrated excellent analytical skills.
• Demonstrated thorough and in depth understanding of the assigned systems.

• Knowledge and use of relevant PC software applications and skills to use them effectively.
• Demonstrated ability to communicate effectively both verbally and in writing.
• Demonstrated ability to provide timely, high quality, and accurate work.
• Demonstrate strong organizational skills and productive work habits.
• Advanced Excel skills
• Prior ERP System experience, SAP strongly preferred
• Knowledge of or prior experience with PowerBI
• Understanding of journal entries and transactions

-Or-

An equivalent competency level acquired through a variation of these qualifications may be considered.

PHYSICAL REQUIREMENTS

Typical Office Environment requirements include: reading, speaking, hearing, close vision, walking, bending, sitting, and…