What are the responsibilities and job description for the Cost Accountant position at HUMACYTE GLOBAL INC?
Job Description
Job Description
DEPARTMENT : Finance
LOCATION : Durham, NC; Onsite / Not Remote
COMPANY : Humacyte Inc (Nasdaq : HUMA) is developing a disruptive biotechnology platform to deliver universally implantable bioengineered human tissues, advanced tissue constructs, and organ systems designed to improve the lives of patients and transform the practice of medicine. The Company develops and manufactures acellular tissues to treat a wide range of diseases, injuries, and chronic conditions. Humacyte’s initial opportunity, a portfolio of Acellular Tissue Engineered Vessel (ATEVs), is currently approved for use in vascular trauma repair and is in late-stage clinical trials targeting multiple other applications including AV access for hemodialysis and peripheral arterial disease. Preclinical development is also underway in coronary artery bypass grafts, pediatric heart surgery, treatment of type 1 diabetes, and multiple novel cell and tissue applications. Humacyte’s 6mm ATEV for AV access in hemodialysis was the first product candidate to receive the FDA’s Regenerative Medicine Advanced Therapy (RMAT) designation and has also received FDA Fast Track designation. Humacyte’s 6mm ATEV for urgent arterial repair following extremity vascular trauma also received the RMAT designation. For more information, visit www.Humacyte.com.
JOB SUMMARY :
This position is responsible for tracking and analyzing the costs associated with inventory, including the cost of goods sold (COGS), monitoring inventory levels, identifying variances from standard costs, and working with other departments to ensure accurate inventory valuation and cost control measures are in place.
ESSENTIAL FUNCTIONS :
- Accurately calculate the cost of producing inventory items, including the calculation and application of overhead
- Accurately report the value of raw materials, work in process and finished goods under US GAAP
- Identify and analyze discrepancies between actual inventory costs and standard costs
- Identify and analyze discrepancies between inventory records and physical inventory counts
- Create accounting entries necessary to record inventory transactions and adjustments
- Establish and maintain a high level of internal controls
- Other Duties as assigned
EXPERIENCE & QUALIFICATIONS :
COMPENSATION & BENEFITS HIGHLIGHTS :
The statements in this position profile are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. The manager may assign additional responsibilities and assignments from time to time. Humacyte is an equal opportunity employer and is committed to providing equal employment opportunities without regard to age, race, religion, sex, sexual orientation, gender identity, national origin, Veterans status, disability and / or other protected class characteristics. Additionally, Humacyte is committed to achieving its business objectives in compliance with all federal, state and local law.