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Senior Financial Analyst - Cost Accounting

Accounting & Finance/Accounting & Finance

LHH

$110,000.00 - $140,000.00 per Year

Palo Alto, California

Permanent

Accounting & Finance

Accounting & Finance

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

Ref US_EN_27_814333_3072561

Senior Financial Analyst - Cost Accounting

Accounting & Finance/Accounting & Finance

LHH

$110,000.00 - $140,000.00 per Year

Palo Alto, California

Permanent

Accounting & Finance

Accounting & Finance

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

Ref US_EN_27_814333_3072561
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