What are the responsibilities and job description for the Senior Financial Analyst - Cost Accounting position at LHH Recruitment Solutions?
Job Description
Job Description
LHH is helping a public diagnostics company hire a Senior Financial Analyst- Cost Accounting to support their growing organization. This position will own cost accounting activities, related reporting and analysis, and collaborate with manufacturing and supply chain leaders. Great opportunity to join a fast-growing public company with an outstanding team. Offices are in Palo Alto and they work hybrid (3 days / week on-site). Target compensation is $115k-$135k base salary, plus bonus, and equity. This company offers flexible PTO, excellent MDV plans, 401k with match, paid parental leave, and other benefits.
Primary Responsibilities :
Support month-end and quarter-end close activities, account reconciliations, and fluctuation analysis.
Lead cost of goods sold (COGS) analytics with a strong finance focus; develop and maintain detailed variance analysis.
Manage monthly excess and obsolete (E&O) review meetings and collaborate with various departments to analyze inventory and make related entries.
Plan, collect, and analyze data to drive standard cost revaluation processes; implement periodic cost updates with inputs from relevant departments; provide impact analysis for review and approval; investigate and resolve significant variances.
Analyze standard and actual costs, materials, external costs, labor, and overhead costs for inaccuracies, and lead efforts to address root causes.
Identify and maintain key metrics related to materials consumption and external costs to highlight operations performance and improve efficiency.
Develop and maintain methodologies for calculating and applying material costs, labor costs, and overhead rates as required by generally accepted accounting principles.
Assist with the coordination of the cycle count process and resolve discrepancies.
Assist with the coordination of quarterly and / or annual physical inventories.
Interact with internal and external auditors, provide various analyses and audit schedules, and ensure compliance with internal control procedures.
Assist in developing processes and utilizing system enhancements to ensure inventory control and data accuracy; implement changes as needed.
Prepare monthly and quarterly reports related to costing and inventory, as well as other ad hoc analyses and projects as needed.
Qualifications :
3-6 years of progressive relevant experience (audit with manufacturing clients or hands-on cost accounting experience)
Bachelors in Accounting or Finance; advanced degree or CPA preferred
Knowledge relating to inventory, manufacturing accounting, and related systems
Pay Details : $110,000.00 to $140,000.00 per year
Search managed by : Jessica Erickson
Equal Opportunity Employer / Veterans / Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https : / / www.lhh.com / us / en / candidate -privacy
The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and / or security clearance requirements, including, as applicable :
- The California Fair Chance Act
- Los Angeles City Fair Chance Ordinance
- Los Angeles County Fair Chance Ordinance for Employers
- San Francisco Fair Chance Ordinance
Salary : $110,000 - $140,000
