What are the responsibilities and job description for the Sr. Cost Accountant & Analyst - Valencia/Ventura position at AVITA Medical?
Description
AVITA Medical® is a therapeutic acute wound care company focused on transforming how patients heal. We develop and deliver innovative technologies that harness the body’s own healing capabilities to accelerate recovery and improve clinical outcomes.
Our flagship technology, RECELL®, uses a patient’s own skin to create Spray-On Skin™ at the point of care, enabling faster healing for patients with serious wounds, including burns and trauma. In the U.S., we also bring forward advanced wound care solutions such as Cohealyx® and PermeaDerm®, expanding our ability to support clinicians across the continuum of care.
At AVITA Medical, we are united by a shared purpose: to help patients heal faster - and to make a meaningful difference when it matters most.
Location: Valencia/Travel to Ventura manufacturing plan 1-2x per week
Position Summary
The Sr. Cost Accountant & Analyst is responsible for accurately accounting of inventory under standard costing, calculation of product cost and variances, preparation and analysis of production margins, assisting with month-end close, including preparation of journal entries, balance sheet reconciliations, assisting with the audit preparation and requests, performing other accounting duties as assigned.
Key Responsibilities
Cost Accounting
Your Physical Work Environment Will Require: The physical demands described here are representative of those that must be met by an individual to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, talk, and hear, stand, walk and/or balance, use hands and fingers to type, handle, feel, grasp, push, and pull. Hand-eye coordination is necessary to operate computers and various pieces of office equipment. Specific vision abilities required by this job include close vision and the ability to adjust focus. The individual is frequently required to reach with hands and arms, and repetitive motion. The individual is occasionally required to stoop, kneel, or crouch. The individual may occasionally lift and/or move up to 25 pounds.
AVITA Medical is an E-Verify participant. AVITA Medical recognizes the role of information security in ensuring that users have access to the information they require to carry out their work in a secure manner. AVITA Medical is committed to protecting the security of its information and information systems. As such, each role within AVITA Medical must demonstrate the same commitment to information security.
AVITA Medical® is a therapeutic acute wound care company focused on transforming how patients heal. We develop and deliver innovative technologies that harness the body’s own healing capabilities to accelerate recovery and improve clinical outcomes.
Our flagship technology, RECELL®, uses a patient’s own skin to create Spray-On Skin™ at the point of care, enabling faster healing for patients with serious wounds, including burns and trauma. In the U.S., we also bring forward advanced wound care solutions such as Cohealyx® and PermeaDerm®, expanding our ability to support clinicians across the continuum of care.
At AVITA Medical, we are united by a shared purpose: to help patients heal faster - and to make a meaningful difference when it matters most.
Location: Valencia/Travel to Ventura manufacturing plan 1-2x per week
Position Summary
The Sr. Cost Accountant & Analyst is responsible for accurately accounting of inventory under standard costing, calculation of product cost and variances, preparation and analysis of production margins, assisting with month-end close, including preparation of journal entries, balance sheet reconciliations, assisting with the audit preparation and requests, performing other accounting duties as assigned.
Key Responsibilities
Cost Accounting
- Develop, maintain, and analyze standard costs for products and manufacturing processes.
- Calculate product costs, including direct materials, direct labor, and manufacturing overhead.
- Monitor and analyze manufacturing variances (labor, material, overhead, purchase price, and production variances).
- Prepare monthly cost accounting journal entries and account reconciliations.
- Maintain accurate inventory costing within the ERP system.
- Reconcile inventory accounts and investigate discrepancies.
- Participate in physical inventories and cycle count programs.
- Analyze inventory reserves, excess and obsolete inventory, and inventory valuation.
- Ensure compliance with inventory accounting policies and internal controls.
- Support month-end and year-end financial close activities
- Assist in preparing financial statements and supporting schedules
- Develop dashboards and reports that provide insight into manufacturing performance.
- Bachelor’s Degree in Accounting or Finance.
- 5 years of cost account experience with manufacturing is required.
- Public company and SOX experience
- ERP experience: JD Edwards, D365 or other similar ERP systems.
- Excellent communication and interpersonal skills
- Good analytical skills with ability to interpret complex financial data
- Strong proficiency in Excel and ERPs
- Detail-oriented with a high degree of accuracy in work output
- Proactive mindset with a commitment to continuous improvement
Your Physical Work Environment Will Require: The physical demands described here are representative of those that must be met by an individual to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit, talk, and hear, stand, walk and/or balance, use hands and fingers to type, handle, feel, grasp, push, and pull. Hand-eye coordination is necessary to operate computers and various pieces of office equipment. Specific vision abilities required by this job include close vision and the ability to adjust focus. The individual is frequently required to reach with hands and arms, and repetitive motion. The individual is occasionally required to stoop, kneel, or crouch. The individual may occasionally lift and/or move up to 25 pounds.
AVITA Medical is an E-Verify participant. AVITA Medical recognizes the role of information security in ensuring that users have access to the information they require to carry out their work in a secure manner. AVITA Medical is committed to protecting the security of its information and information systems. As such, each role within AVITA Medical must demonstrate the same commitment to information security.