Manufacturing Finance Manager

Job Description

Job Description

Description :

RxSight® is an ophthalmic medical technology corporation headquartered in Aliso Viejo, California that has commercialized the world’s first and only adjustable intraocular lens (IOL) that is customized after cataract surgery. The company’s mission is to revolutionize the premium cataract surgery experience by allowing surgeons to partner with their patients to achieve optimized results for every unique eye.

OVERVIEW :

We are seeking a Manufacturing Finance Manager to play a critical role in driving financial excellence across our manufacturing operations. The Manufacturing Finance Manager will oversee the month end GL close activities pertaining to cost of goods sold (COGS) and inventory, build out monthly reporting against forecast, and will partner with the FP&A, Manufacturing and Operations teams to develop quarterly budgets for the company’s manufacturing operations. This Manufacturing Finance Manager will manage and mentor a Sr. Cost Accountant, with the opportunity to expand the team as we build out our manufacturing finance capabilities. This is an excellent opportunity for a motivated individual to build out processes supporting RxSight’s novel LAL technology, complex manufacturing environment and long term domestic and international growth objectives.

Requirements :

ESSENTIAL DUTIES AND RESPONSIBILITIES :

• Lead all aspects of the month end close pertaining to cost of goods sold and manufactured (COGM), as well as inventory accounts.
• Develop the COGS and COGM annual budget and quarterly reforecasts in partnership with FP&A, Manufacturing and Operations teams.
• Ensure the accuracy of the manufacturing and supporting cost centers each month, as well as analysis of variances against budgets.
• Build out monthly reporting and analysis of gross margins, including forward looking projections based on COGM trends and anticipated growth of the business.
• Maintaining standard costs for inventory parts (material, labor, burden, OH and rolling of routers and product structures) including quarterly / annual updates.
• Monthly analysis of manufacturing variances and over / under absorption pool.
• Analysis and roll forward of E&O reserves as well as proactive partnership with ops and R&D to identify obsolete or otherwise unusable inventory and mitigate P&L impact.
• Oversight over the daily cycle count metrics and documentations to ensure we are maintaining SOX compliance.
• Partnership with customer experience team to ensure consignment inventory is accurately stated.
• Mentorship and development of Sr. Cost Accountant.
• Cross functional projects to enhance efficiency and automation in the ERP system and within operational processes.
• Supporting annual external audit and tax requirements, including SOX controls.
• Other duties as assigned, including backup support for other personnel

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES :

Strong MS Excel (Pivot Tables, VLOOKUP, etc.)

Solid understanding of U.S. GAAP

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence.

Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute average, ratios, percent.

Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Must have good phone skills and interact well with others.

Must always present themselves professionally.

Requires minimal supervision.

SUPERVISORY RESPONSIBILITIES :

Ability to manage a team and develop individuals in their early career.

EDUCATION, EXPERIENCE, and TRAINING :

Bachelor’s Degree in Accounting or Finance; minimum 8+ years’ Accounting experience, with at least 3 years in Cost Accounting.

Must be flexible and adaptable to change.

Self-motivated with the ability to prioritize multiple projects under tight deadlines and work independently

Ability to work professionally with all levels of management.

Support our company values (Customer Focused, Agility, Sense of Urgency, Transformative).

Training to be completed per the training plan for this position as maintained in the document control system

The training requirements on TRN-10007 Insider Trading Policy, TRN-10008 Global Anti-Bribery and Anti-Corruption Policy and TRN-10009 Code of Business Conducts and Ethics must be diligently completed within 30 days from the hiring date and on an annual basis

CERTIFICATES, LICENSES, REGISTRATIONS :

None

COMPUTER SKILLS :

ERP

MS Office (Excel, Word, Powerpoint, Outlook).

Notice to Staffing Agencies and Search Firms :

RxSight does not accept unsolicited resumes or candidate submissions from staffing agencies or search firms for any employment opportunities. All agency engagements must be authorized in writing for a specific position by RxSight’s Talent Acquisition department. Any resumes or candidate information submitted without such specific engagement will be considered unsolicited and the property of RxSight. No fees will be paid in the event a candidate is hired under these circumstances.