What are the responsibilities and job description for the Cost Accountant position at Humacyte?
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:
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.
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
- Bachelor’s degree in Accounting
- 5 years of experience in a Cost Accounting role
- Proficiency in cost accounting principles and best practices
- Proficiency using ERP, Warehouse Management and Microsoft Excel software
- Cost Accounting experience for an FDA approved product
- Sarbanes Oxley adherence and support
- Excellent communication and interpersonal skills
- Possess a positive roll-up-the-sleeves attitude and optimistic outlook
- Strong ability to work in a fast-paced team environment with fluctuating priorities and demonstrated ability to collaborate within cross functional teams
- Excellent organizational and time management skills with ability to set own priorities in a timely manner
- High degree of flexibility and adaptability
- Self-motivated and organized critical thinker with solid interpersonal and business communication skills
- Represents the organization in a positive and highly professional manner
- Stock Options
- 401k Plan with 4% Match and no Vesting Schedule
- Medical, Vision and Dental Plans
- Company Paid Long Term/Short Term Disability
- Company Paid Life Insurance
- 23 Days Paid Time Off (PTO)
- 10 Company Designated Holidays 2 Floating Holidays
- Paid Parental Leave Policies
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.
