Site Analyst Job San Diego area,California USA,Finance & Banking

Overview

Pacira Bio Sciences, Inc. is a pioneer in non-opioid pain management and regenerative health solutions. Today, we're building on that legacy with next-generation innovations for chronic, postsurgical, and musculoskeletal pain. Our culture is built on collaboration, innovation, and a shared commitment to helping patients recover faster.

At Pacira, every career is more than a job. Our mission drives us, and every day, we challenge ourselves to achieve the extraordinary. Integrity is at the core of who we are. We value diverse perspectives and the collective strength of a unified team. Join the team in making better possible for patients everywhere.

Summary: The SCC Site Analyst will be responsible for supporting the cost and inventory activities for commercial products manufactured at the Science Center Campus (SCC), including financial accounting, managerial reporting, and supporting Pacira's budgeting/planning/forecasting processes. The individual should demonstrate a continuous improvement mindset, analyze the processes behind all essential duties, identify opportunities for improvement, and implement changes. This position is also responsible for standard costing updates and related variance analysis.

Responsibilities

Essential Duties & Responsibilities:

Support the month-end closing process for inventory

Ensure manufacturing and supply chain functions observe proper manufacturing jobs, shipping and receiving cut-off procedures

Investigate inventory variances including purchase price, usage/yield spend absorption and scrap with manufacturing leaders

Determine the need for inventory reserves and assist with the preparation of quarterly inventory memos

Support the month-end close process for operations

Prepare assigned month-end journal entries and account reconciliations for inventory accounts

Meet with department owners to determine monthly accruals

Prepare management reporting that includes analysis of budgetary variances and operational KPIs associated with production and material movement

Support detailed income statement analytics for cost of goods sold and assist with balance sheet analytics for relevant accounts

Prepare financial reporting and analysis covering product costing, site gross margins, trends and KPIs with explanation of business drivers

Work closely with the system administrator and coordinate with Science Center Site Controller and CMO Controller to implement necessary system changes related to the inventory sub-ledger

Ensure proper documentation and support is maintained for all accounting transactions

Support the budget and forecasting process for Manufacturing activities for SCC commercial products

Assist with preparation of annual budget and periodic forecasts/latest estimates (LEs), including documentation of assumptions, risks and opportunities

Own the standard costing process for product lines supported by the position

Provide insight into cost savings activities and partner with operations management to support cost reduction initiatives

Support other functions including

Assist Supply Operations team with coordination and completion of the year-end inventory count for all product lines, including roll-forward and reporting results

Prepare standard costing for inventory including collection and evaluation of all assumptions and inputs from manufacturing leadership

Serve as a subject matter expert for costing and inventory

Implement and document SOX controls for areas of responsibility and support ongoing SOX internal control testing

Liaison with external auditors and other vendors to ensure requests are met timely

Develop and document policies and procedures for financial close and management reporting processes

Other ad hoc analysis / projects as deemed necessary by supervisors and business partners

Supervisory Responsibilities

No supervisory responsibility.

Interaction

The incumbent reports to the SCC Site Controller and works closely with functional stakeholders from Corporate Controlling/Accounting, FP&A, CMO Accounting, Tax, Legal, Operations, as well as contract service providers, auditors, and vendors. Travel is estimated at 5%.

Qualifications

Education and Experience:

0-2 years of relevant Management Accounting experience
Bachelor's Degree in Accounting required
CPA/CMA or MBA a plus

Process Manufacturing, Pharmaceutical industry a plus
ERP or other financial systems implementation experience a plus

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills, and Abilities:

General knowledge of US GAAP and SOX, general accounting, and a thorough understanding of cost accounting, preferably in pharmaceutical, medical device, or other life science industries
Knowledge of and experience in internal accounting controls…


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