Cost Accounting Manager at Azenta Life Sciences in Burlington, Massachusetts

Job Description:

At Azenta, new ideas, new technologies and new ways of thinking are driving our future. Our customer-focused culture encourages employees to embrace innovation and challenge the status quo with novel thinking and collaborative work relationships.


Azenta Life Sciences is a global leader in the life sciences space with headquarters in Burlington, MA, and offices and operations worldwide. We are a market leader in automated bio sample management solutions and genomic services across areas such as drug development, clinical and advanced cell therapies for the industry's top pharmaceutical, biotech, academic and healthcare institutions globally. We provide unparalleled capabilities with our lab analysis, sample management and storage services, informatics software, and consumables, with the largest installed base managing over 1 billion samples globally.



How You'll Add Value...



This is a unique opportunity to lead and develop a cost accounting function of a growing global publicly-held Life Sciences company. Reporting to the Chief Accounting Officer and managing an expanding team, this role will manage all aspects of inventory and cost accounting related activities at 6 manufacturing or warehouse sites across North America & Europe. As a key leader in the corporate accounting team, this role will drive and ensure execution of various inventory and cost accounting activities that support our monthly & quarterly financial close periods including accurate inventory reporting and compliance with key controls.



What You'll Do...

• Ensure Inventory reporting for all sites is in accordance with US GAAP.


• Responsible for managing & maintaining the cost accounting system in Oracle while driving standardization and optimization across the manufacturing network.


• Oversee and lead the Excess & Obsolete Inventory Reserve Process while identifying and implementing process improvements to drive enhanced visibility and risk mitigation


• Provide monthly inventory reporting, including analytics to support stakeholder decision making.


• Oversee the review and analyze manufacturing variances for accuracy and root causes.


• Oversee execution of the annual standard cost setting process including review of material pricing and overhead cost pool analysis to ensure accurate item level cost for strategic pricing decisions.


• Lead physical inventory count processes to ensure accuracy of inventory records


• Ensure compliance with monthly, quarterly, and annual controls including oversight of cycle counting at all locations.


• Lead development of fit for purpose inventory policies


• Review monthly account reconciliations for key balance sheet accounts and related flux analysis.


• Main point of contact for inventory related topics with internal accounting teams, and internal/external auditors

• A Bachelor's degree in either Accounting or Finance; an MBA, CMA or CPA is a plus


• 8+ years or progressive experience, preferably in a manufacturing environment.


• Strong understanding of cost and inventory accounting concepts under US GAAP


• Roll-up your sleeves approach and ability to problem solve


• Experience with accounting software applications, ERP systems and Microsoft Office suite required. Knowledge of the Oracle Cloud ERP is a plus


• Excellent communication skills and ability to multi-task in complex and dynamic environments


• Experience working at a global company in a SOX compliant environment is a plus

• Hybrid in office and remote