About the role

  • Associate Director of Cost Accounting managing finance functions at Summit Therapeutics. Responsible for product cost accounting, inventory management, and financial reporting.

Responsibilities

  • Establish and manage full product cost accounting
  • Including inventory cost adjustments, average cost analysis, inventory reserve management
  • Complete inventory journal entries, balance sheet reconciliations, variance review, inventory analysis
  • Coordinate physical inventory counts and cycle counts to ensure accurate reporting
  • Oversee the standard cost set-up, lead the monthly COGS analytics and actual cost variances
  • Manage monthly meetings and partner with CMC and Supply Chain to analyze inventory for potential excess and obsolete reserves and make related entries in accordance with the companys policies
  • Develop and maintain a methodology for calculating and applying material costs, labor costs, and overhead rates as required by generally accepted accounting principles
  • Support business partners in their daily tasks, while collaboratively seeking opportunities for continued process improvement
  • Ensure a strong internal control environment for the assigned business areas
  • All other duties as assigned

Requirements

  • Bachelors degree is required
  • Minimum 8+ years of relevant experience
  • Demonstrated ability to operate in a fast-paced environment
  • Leadership ability, with a track record of building and motivating high-performing teams
  • Exceptional writing, communication, interpersonal & presentation skills
  • Attention to detail, accuracy and confidentiality
  • Excellent organizational, management, analytical & decision-making skills
  • An ability to work well cross functionally and across geographies
  • Impeccable integrity and a strong work ethic

Job title

Associate Director, Cost Accounting

Job type

Experience level

Senior

Salary

$174,000 - $204,500 per year

Degree requirement

Bachelor's Degree

Location requirements

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