Senior Cost Accountant
West Pharmaceutical Services
full-time
Posted on:
Location Type: Hybrid
Location: Exton • Pennsylvania • United States
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Job Level
Tech Stack
About the role
- Join a centralized cost accounting team located with West’s Financial Services team in Exton, PA.
- Responsible for the accounting across multiple manufacturing sites including the preparation of journal entries and account reconciliations.
- Prepare journal entries related to manufacturing accounting and inventory reserves to support accurate & timely financial statements in accordance with US GAAP and corporate financial policies.
- Process manufacturing orders as part of the month-end close process.
- Participate in other monthly close activities for plants in area of responsibility.
- Prepare account reconciliations to ensure proper balance sheet valuation, flagging and accounting for potential risk.
- Calculate annual and ad hoc standard costing of products in SAP for assigned plant/s including reviewing and ensuring the update of BOMs, Routings, SKFs and Activity Rates.
- Monitor variances to standard cost and correct any erroneous postings.
- Perform margin variance analysis (including PPV, Production and Absorption variances).
- Support the periodic cycle count process and reconcile 3rd party warehouses.
- Drive consistency and standardization of cost accounting in line with Corporate Policies.
- Be Finance lead for UAT testing of costing processes as required.
- Provide finance guidance aligned to the preparation of customer pricing simulations, financial analysis and modelling.
- Ensure appropriate controls and compliance with US GAAP.
- Support and assist other functions within the business as required.
Requirements
- Bachelor's Degree in Accounting or Finance or equivalent experience required
- Minimum 5 years of experience
- Experience working in private industry in multinational manufacturing companies preferred
- Accounting experience, preferable in a manufacturing environment using SAP or other ERP
- Understanding of GAAP and internal control principles
- Strong analytical skills and ability to summarize conclusions and make recommendations to management
- High proficiency in Microsoft Excel
- Accounting Qualification (CPA, CIMA, ACCA, ACA) preferred.
Benefits
- Community Involvement: West encourages volunteerism through its West without Borders initiative and other charitable programs that make a difference in local communities.
- Continuous Learning & Development: Opportunities for professional growth through training programs, tuition assistance, leadership development, and skill-certification initiatives.
- Global Career Opportunities: With facilities across North America, Europe, and Asia-Pacific, employees have opportunities for international exposure and cross-functional collaboration.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
journal entriesaccount reconciliationsmanufacturing accountinginventory reservesstandard costingmargin variance analysiscost accountingfinancial analysisfinancial modelingUS GAAP
Soft skills
analytical skillsrecommendations to management
Certifications
CPACIMAACCAACA