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Senior Cost Accountant
$94k-116k (estimate)
Full Time | Wholesale 7 Days Ago
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Olympus Corporation of the Americas is Hiring a Senior Cost Accountant Near Minneapolis, MN

Working Location: MINNESOTA, BROOKLYN PARK Workplace Flexibility: HybridFor more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling. Every day, we live by our philosophy, True to Life, by advancing medical technologies and elevating the standard of patient care so people everywhere can fulfill their desires, dreams, and lives.
Our five Core Values empower us to achieve Our Purpose:
Patient Focus, Integrity, Innovation, Impact and Empathy. Learn more about Life at Olympus.
  • Please note: All correspondence will be sent from our Olympus domain (@Olympus.com). If you receive correspondence from an entity other than @Olympus.com, it is likely not legitimate.
Job DescriptionThe Sr. Cost Accountant performs all cost accounting and closing activities related to our manufacturing operations primarily for the Redmond and BNP manufacturing locations and other locations as necessary as well as co-ordinate / participate in the month-end close process, ensure product cost integrity, support project accounting, Inventory Cycle counts / controls and perform cost variance analysis.
Job Duties
  • Develop an understanding of the manufacturing operations and alerts respective Plant management teams to potential issues when appropriate.
  • Works in collaboration with the finance team members on the month end financial closing activities for multiple Plants. For both Plant Locations, Coordinate and prepare the annual budgets and quarterly forecasts both at Cost Center and total Plant. Review and measurement of cost reduction initiatives proposed by the manufacturing departments.
  • Maintains Standard Costs for both Plants, Work with IT in designing and implementing changes to existing systems and/or new systems.
  • Proactively develops reporting tools reports and analyses information enabling operational counterparts and management to respond to potential exposures. Provide weekly/monthly KPI's on Productivity, Scrap, Work Order Variances, PPV, Cycle count etc.
  • Analyse cost accounting data and assists with cycle count/physical inventories. Maintains internal control documentation and tests internal controls (JSOX). Support requirements from internal or external audit group.
  • Prepares detailed account analysis and reconcile sales cost and inventory liability accounts by customer type by division. Reviews and analysis inventory and margin reports conducts research and performs analytical studies in regards to cost analyses and profitability. Ensures timely submission accuracy and validity of inventory gross margin schedules to management.
  • Review and evaluate capital expenditure requests for proper preparation and financial documentation. Track and communicate timely approval of CER and closure to fixed asset system.
  • Project Cost Accounting - Manage all project cost centers within facilities to include: Time/wage/benefit calculation and manual allocation by department and project; validate Accounts Payable and Purchasing expenses; Reconcile monthly Oracle project accounting expenses by account to Oracle General Ledger account balances and making necessary manual entries as needed to balance
  • Works on special projects as required. Assists other Finance team members as needed and as necessary.
  • Other projects and duties as necessary and assigned
Job QualificationsRequired:
  • Bachelor's degree in accounting required.
  • Minimum 4 years of experience in accounting with at least 3 of those years working in cost accounting required.
  • Must have Strong knowledge of Cost Accounting Standards & Principles and the ability to analyze and reconcile complex accounts and reserves.
  • Strong knowledge and proficiency in the application of Generally Accepted Accounting Principles & SOX.
  • Must have prior working experience / Knowledge of Oracle and Hyperion.
  • High level of proficiency in Microsoft Excel Outlook Word and PowerPoint required.
  • Other Considerations (travel/hours availability, etc.):
    • Will be required to travel to Redmond Manufacturing at least once a month.
    • Ability to work overtime including evenings and weekends on occasion.
Preferred:
  • CPA or CMA designation a plus
  • Experience in the life sciences / medical Device sectors or other regulated industry preferred Project Accounting desired.
Why join Olympus?We offer a holistic employee experience supporting personal and professional well-being through meaningful work, equitable offerings, and a connected culture. Equitable Offerings you can count on:
  • Competitive salaries, annual bonus and 401(k)* with company match
  • Comprehensive medical, dental, vision coverage effective on start date
  • 24/7 Employee Assistance Program
  • Free live and on-demand Wellbeing Programs
  • Generous Paid Vacation and Sick Time
  • Paid Parental Leave and Adoption Assistance*
  • 12 Paid Holidays
  • On-Site Child Daycare, Café, Fitness Center**
Connected Culture you can embrace:
  • Work-life integrated culture that supports an employee centric mindset
  • Offers onsite, hybrid and field work environments
  • Paid volunteering and charitable donation/match programs
  • Diversity Equity & Inclusion Initiatives including Employee Resource Groups
  • Dedicated Training Resources and Learning & Development Programs
  • Paid Educational Assistance
  • US Only
  • Center Valley, PA and Westborough, MA
Are you ready to be a part of our team?Learn more about our benefit and incentives.
At Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide best-in-class solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states.
For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world.
Headquartered in Tokyo, Japan, Olympus employs more than 31,000 employees worldwide in nearly 40 countries and regions. Olympus Corporation of the Americas, a wholly owned subsidiary of Olympus Corporation, is headquartered in Center Valley, Pennsylvania, USA, and employs more than 5,200 employees throughout locations in North and South America. For more information, visit www.olympusamerica.com.
Olympus is dedicated to building a diverse, inclusive and authentic workplaceWe recognize diversity in people, views and lifestyle choices and emphasize the importance of inclusion and mutual respect. We strive to continue to foster empathy and unity in the workplace so that our employees can fully contribute and thrive.
Let’s realize your potential, together.It is the policy of Olympus to extend equal employment and advancement opportunity to all applicants and employees without regard to race, color, national origin (including language use restrictions), citizenship status, religious creed (including dress and grooming practices), age, sex (including pregnancy, childbirth, breastfeeding, medical conditions related to pregnancy, childbirth and/or breastfeeding), gender, gender identity and expression, sexual orientation, marital status, disability (physical or mental) and/or a medical condition, genetic information, ancestry, veteran status or service in the uniformed services, and any other characteristic protected by applicable federal, state or local law.
Applicants with Disabilities: As a Federal Contractor, Olympus is committed to ensuring our hiring process is accessible to everyone. If you need an accommodation in order to complete the application or hiring process, please contact Olympus via email at OCAAccommodations@olympus.com. If your disability impairs your ability to email, you may call our HR Compliance Manager at 1-888-Olympus (1-888-659-6787).
Posting Notes: || United States (US) || Minnesota (US-MN) || Brooklyn Park || Finance & Procurement

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$94k-116k (estimate)

POST DATE

09/09/2024

EXPIRATION DATE

10/04/2024

WEBSITE

olympusamerica.com

HEADQUARTERS

CENTER VALLEY, PA

SIZE

1,000 - 3,000

FOUNDED

1968

TYPE

Private

CEO

MASAHARU OKUBO

REVENUE

$1B - $3B

INDUSTRY

Wholesale

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The job skills required for Senior Cost Accountant include Accounting, Cost Accounting, General Ledger, CPA, Initiative, Internal Control, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Cost Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Cost Accountant. Select any job title you are interested in and start to search job requirements.

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