Director, Cost Accounting
About the position
We are looking for a Director, Cost Accounting, to lead and oversee all inventory and cost-related accounting functions. This role will be responsible for ensuring accurate financial reporting of inventory across our global supply chain. This is a cross-functional role, working closely with Supply Chain, Quality, FP&A, internal/external auditors, and other functional teams in order to ensure inventory is fairly stated and classification of inventory and cost of goods sold is accurate. This role is a key member of the growing BridgeBio Accounting team and must be a self-starter, possessing the ability to quickly understand complex situations and manage effective solutions across a diverse organization.
Responsibilities
• Lead and manage the inventory accounting function for our pipeline products, including the monthly, quarterly, and annual close processes related to inventory and cost of goods sold
• Review and approve journal entries, account analyses, and reconciliations as they relate to inventory and cost of goods sold for our pipeline products
• Review current product costing methodology and oversee standard cost updates for our pipeline products, variance analysis, and inventory reserve analysis
• Function as the finance business owner of the SAP Supply Chain Module; ensure accurate product costs, inventory valuation, overhead and variance analysis for our pipeline products.
• Identify opportunities for automation and continuous process improvement
• Work closely with the supply chain and FP&A teams to understand production schedules, contracts, inventory movements, and other supply chain matters in order to assess the impact of inventory accounting and ensure inventory is fairly stated, and classification is accurate
• Provide support for the quarterly and annual financial reporting and disclosures related to inventory and cost of goods sold
• Collaborate with third-party distribution provider and Head of Trade to manage and ensure accurate inventory counts
• Oversee and perform, if necessary, annual physical inventory count
• Provide technical guidance and mentoring to the cost accounting team and business to ensure consistent application of cost accounting principles
• Maintain and develop improvements for SOX controls related to costing and inventory
• Support internal and external audit processes related to inventory and cost of goods sold
• Demonstrate proficiency in financial analysis, reporting, and interpretation of data
Requirements
• BS/BA in Accounting/Finance and 10+ years of relevant accounting experience, including 5+ years of experience in a pharma cost accounting role, preferred
• Thorough knowledge of US GAAP as it relates to inventory valuation, overhead absorption of cost of goods sold, and other cost accounting principles
• Excellent computer skills, including advanced MS Excel (e.g. Pivot Tables, V-Look-Ups, data merges, filters, and if statements) and MS Word experience
Nice-to-haves
• Experience working with SAP is preferred
• High level of personal integrity consistent with BridgeBio’s values
Benefits
• Market leading compensation
• 401K with 100% employer match on first 3% & 50% on the next 2%
• Employee stock purchase program
• Pre-tax commuter benefits
• Referral program with $2,500 award for hired referrals
• Comprehensive health care with 100% premiums covered - no cost to you and dependents
• Mental health support via Spring Health (6 therapy sessions & 6 coaching sessions)
• Hybrid work model - employees have the autonomy in where and how they do their work
• Unlimited flexible paid time off - take the time that you need
• Paid parental leave - 4 months for birthing parents & 2 months for non-birthing parents
• Flex spending accounts & company-provided group term life & disability
• Subsidized lunch via Forkable on days worked from our office
• People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility
• We provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, Spring Health & BetterUp Coaching
• We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities
Apply Now
Apply Now
We are looking for a Director, Cost Accounting, to lead and oversee all inventory and cost-related accounting functions. This role will be responsible for ensuring accurate financial reporting of inventory across our global supply chain. This is a cross-functional role, working closely with Supply Chain, Quality, FP&A, internal/external auditors, and other functional teams in order to ensure inventory is fairly stated and classification of inventory and cost of goods sold is accurate. This role is a key member of the growing BridgeBio Accounting team and must be a self-starter, possessing the ability to quickly understand complex situations and manage effective solutions across a diverse organization.
Responsibilities
• Lead and manage the inventory accounting function for our pipeline products, including the monthly, quarterly, and annual close processes related to inventory and cost of goods sold
• Review and approve journal entries, account analyses, and reconciliations as they relate to inventory and cost of goods sold for our pipeline products
• Review current product costing methodology and oversee standard cost updates for our pipeline products, variance analysis, and inventory reserve analysis
• Function as the finance business owner of the SAP Supply Chain Module; ensure accurate product costs, inventory valuation, overhead and variance analysis for our pipeline products.
• Identify opportunities for automation and continuous process improvement
• Work closely with the supply chain and FP&A teams to understand production schedules, contracts, inventory movements, and other supply chain matters in order to assess the impact of inventory accounting and ensure inventory is fairly stated, and classification is accurate
• Provide support for the quarterly and annual financial reporting and disclosures related to inventory and cost of goods sold
• Collaborate with third-party distribution provider and Head of Trade to manage and ensure accurate inventory counts
• Oversee and perform, if necessary, annual physical inventory count
• Provide technical guidance and mentoring to the cost accounting team and business to ensure consistent application of cost accounting principles
• Maintain and develop improvements for SOX controls related to costing and inventory
• Support internal and external audit processes related to inventory and cost of goods sold
• Demonstrate proficiency in financial analysis, reporting, and interpretation of data
Requirements
• BS/BA in Accounting/Finance and 10+ years of relevant accounting experience, including 5+ years of experience in a pharma cost accounting role, preferred
• Thorough knowledge of US GAAP as it relates to inventory valuation, overhead absorption of cost of goods sold, and other cost accounting principles
• Excellent computer skills, including advanced MS Excel (e.g. Pivot Tables, V-Look-Ups, data merges, filters, and if statements) and MS Word experience
Nice-to-haves
• Experience working with SAP is preferred
• High level of personal integrity consistent with BridgeBio’s values
Benefits
• Market leading compensation
• 401K with 100% employer match on first 3% & 50% on the next 2%
• Employee stock purchase program
• Pre-tax commuter benefits
• Referral program with $2,500 award for hired referrals
• Comprehensive health care with 100% premiums covered - no cost to you and dependents
• Mental health support via Spring Health (6 therapy sessions & 6 coaching sessions)
• Hybrid work model - employees have the autonomy in where and how they do their work
• Unlimited flexible paid time off - take the time that you need
• Paid parental leave - 4 months for birthing parents & 2 months for non-birthing parents
• Flex spending accounts & company-provided group term life & disability
• Subsidized lunch via Forkable on days worked from our office
• People are part of our growth and success story - from discovery to active drug trials and FDA pipelines, there are endless opportunities for skill development and internal mobility
• We provide career pathing through regular feedback, continuous education and professional development programs via LinkedIn Learning, LifeLabs, Spring Health & BetterUp Coaching
• We celebrate strong performance with financial rewards, peer-to-peer recognition, and growth opportunities
Apply Now
Apply Now