What are the responsibilities and job description for the Cost Accountant position at 10x Genomics Inc?
About the Role :
We are seeking an experienced, collaborative, and results-oriented individual to join our 10X team as a Cost Accountant. The ideal candidate will have a strong general accounting background and experience in cost accounting. This individual will be a business partner to our financial planning & analysis, engineering, facility, and operations teams, and will manage the inventory accounting close process and interface with auditors for the annual and interim audits.
What You Will Be Doing :
- Perform New Product Introduction (NPI) standard costing functions in the ERP.
- Collaborate cross-functionally with various business partners to resolve inventory standard costing issues related to missing or incorrect cost definition setup.
- Perform monthly and quarterly financial closing activities including journal entries and reconciliations.
- Explain monthly balance sheet fluctuations to ensure compliance with US GAAP and company policies.
- Provide standard cost revaluation impact analysis for Engineering Change Orders (ECOs).
- Perform Excess and Obsolete (E&O) analyses, including collaborating with Finance Ops and maintaining E&O roll-forward.
- Calculate monthly taxes for R&D use tax, sales tax for sales giveaways, etc.
- Analyze and adjust monthly warranty reserves.
- Analyze Work in Process (WIP) and make adjustments as needed.
- Perform standard cost updates and coordinate with business partners including foreign subsidiaries.
- Support monthly cycle count processes and annual physical inventory counts.
- Perform monthly review of intercompany trade accounts.
- Perform monthly analysis of deferred cost of goods sold (COGS), including reconciliation between Oracle and RevPro, and accrue for missing cost recognition.
- Perform Lower of Cost or Market analyses and prepare adjustments as necessary.
To Be Successful You Will Need :
Preferred Qualifications :
Below is the U.S. base pay range for this full-time position. The actual base pay will depend on several factors unique to each candidate, including one's skills, qualifications, experience, and location. At 10x, base pay is also just one component of the Company's total compensation package. This role is also eligible for 10x's equity grants, its comprehensive health and retirement benefit programs, and its annual bonus program or sales incentive program. During the hiring process, your 10x recruiter can share the specific base pay range for your preferred location and more about the Company's total compensation package.
Pay Range
89,800 — $121,400 USD
About 10x Genomics
At 10x Genomics, accelerating our understanding of biology is more than a mission for us. It is a commitment. This is the century of biology, and the breakthroughs we make now have the potential to change the world.
We enable scientists to advance their research, allowing them to address scientific questions they did not even know they could ask. Our tools have enabled fundamental discoveries across biology including cancer, immunology, and neuroscience.
Our teams are empowered and encouraged to follow their passions, pursue new ideas, and perform at their best in an inclusive and dynamic environment. We know that behind every scientific breakthrough, there is a deep infrastructure of talented people driving the life sciences industry and making it possible for scientists and clinicians to make new strides. We are dedicated to finding the very best person for every aspect of our work because the innovations and discoveries that we enable together will lead to better technologies, better treatments, and a better future. Find out how you can make a 10x difference.
Individuals seeking employment at 10x Genomics are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation,or any other characteristic protected by applicable law.
10x does not accept unsolicited applicants submitted by third-party recruiters or agencies. Any resume or application submitted to 10x without a vendor agreement in place will be considered unsolicited and property of 10x, and 10x will not pay a placement fee.
Salary : $89,800 - $121,400
