Senior Manager, Cost Accounting

Job Description

Job Description

Salary : Overview

Overview

This position is integral to the continued and planned future growth of the Company’s Cell Therapy Manufacturing Center and capabilities.

The Senior Manager, Cost Accounting is responsible for overseeing cost accounting (including cost of goods sold, bill of materials and inventory costing.

The Senior Manager provides reporting and analysis to the corporate finance and accounting team, including the SVP, Finance and CFO, to support the strategic and operational planning.

The Senior manager works with Manufacturing Finance, Corporate Accounting and Corporate FP&A teams to support the monthly close processes and quarterly external financial reporting as well as to assure strong linkage of data reported and budgeted results.

Essential Functions and Responsibilities

• Oversee monthly / quarterly close process for general ledger accounts.
• Prepare & analyze financial statements for LLC entity.
• Ownership of overhead cost pool accumulation and allocation / absorption, as well as analysis of related costs and results.
• Ensure and coordinate timely monthly and quarterly cost accounting close activities for inventory and cost of sales, including reconciliations and review of reconciliations where appropriate, including generating journal entries where appropriate.
• Oversee quarterly and year-end physical inventory process with the operations team.
• Coordinate calculation and recording of appropriate inventory reserves working with operations team.
• Ownership and execution of Sarbanes-Oxley compliance for inventory and cost of sales, as well as ongoing reviews for potential enhancements and improvements.
• Support the forecast and budget process with timely inputs related to product volumes, purchases, expected overhead pool, costs per unit and cost of sales.
• Analysis of manufacturing organization spending, as well as support of the forecast process, and support of the FP&A organization in the preparation of materials for the monthly and quarterly financial review meetings.
• Prepare monthly and quarterly PBC schedules to support the audit and interim reviews, including working with audit firm on deliverables and related questions
• Proactively identify and analyze opportunities to improve results and facility processes.
• Support any internal and external financial audits.
• Must adhere to Iovance Biotherapeutics’ core values, policies, procedures, and business ethics.
• Perform miscellaneous duties as assigned.

Required Education, Skills, and Knowledge

• BA or BS in Accounting
• 8+ years of progressive experience in accounting with cost accounting focus, biopharmaceutical industry, CPA and Big 4 experience is strongly preferred.
• In-depth cost accounting knowledge and experience
• Strong understanding of GAAP and financial accounting
• Experience operating within a Sarbanes-Oxley control environment.
• Prior biotech or pharmaceutical experience preferred.
• NetSuite experience is a plus.
• Strong forecasting & analytical skills
• Advanced Microsoft Excel, Word and PowerPoint skills
• Excellent interpersonal and communication skills, with the ability to communicate developed strategies and analysis clearly and effectively.
• Ability to build partnerships across functions.
• Detail oriented with insight to determine applicability of big picture.
• Proactive problem solver, expected to present problems and recommendations.
• Strong work ethic and demonstrated ability to independently prioritize workload based on organizational needs / demands.

Operates with a sense of urgency, as appropriate.

The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully.

Reasonable accommodations may be made upon request to enable individuals to perform essential functions. Please contact Human Resources to request an accommodation.

Physical Demands and Activities Required

• Must be able to remain in a stationary position standing or sitting for prolonged periods of time.
• Must be able to move about inside an office and exert up to 10 pounds of force occasionally or a negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects.
• Must have visual acuity to perform activities such as : preparing and analyzing data and figures, viewing a computer screen, and extensive reading.
• This position requires repetitive motion, substantial movements (motions) of the wrist, hands, and / or fingers.
• Must be able to communicate with others to exchange information.
• Mental : Clear and conceptual thinking ability; excellent judgment, troubleshooting, problem-solving, analysis, and discretion;

ability to handle work-related stress; ability to handle multiple priorities simultaneously; and ability to meet deadlines

Work Environment

This job works in a professional office environment and a manufacturing lab setting. Potential exposure to latex, bleach, loud noise, lab equipment hazards, strong odors, and chemical / biochemical is possible.

Requires operating standard office equipment and keyboards.

The statements contained in this document are intended to describe the general nature and level of work being performed by a colleague assigned to this description.

They are not intended to constitute a comprehensive list of functions, duties, or local variances. Management retains the discretion to add or to change the duties of the position at any time.

Iovance is committed to cultivating and offering a diverse and inclusive work environment. As an equal-opportunity employer, our employees and applicants will be considered without regard to an individual’s race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law.

If you need assistance or accommodation to apply to one of our opportunities, please contact [email protected].

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