Cost Accountant

About Life Science Outsourcing (LSO)

Life Science Outsourcing, Inc. (“LSO”) (www.lso-inc.com) is a contract manufacturing organization focused on assembly, packaging, sterilization, and distribution with over 25 years of experience. The Company serves orthopedic, cardiovascular, diagnostic, dental, and a variety of other medical specialties.

Our unique model is centered on in-house, end-to-end portfolio processes and service offerings supported by deep regulatory expertise. This enables the agility and flexibility our customers need to accelerate go-to-market timelines while standardizing supply chains and mitigating risk. Clients rely on LSO to perform all activities required to bring products to market—from procurement to final packaging and shipping.

LSO is headquartered in Brea, CA (North Orange County), with an additional East Coast facility in Somersworth, New Hampshire.

The Opportunity

We are seeking a Cost Accountant who will play a critical role in driving financial visibility and operational performance across our manufacturing operations. This position partners closely with the Controller, CFO, and cross-functional teams to deliver actionable insights that optimize cost structure, improve margins, and support strategic growth initiatives.

This is an excellent opportunity for a hands-on, analytical professional who thrives in a fast-paced, regulated environment and wants to directly influence business outcomes.

What You’ll Do

Cost Accounting & Financial Analysis

• Develop and maintain standard costs across labor, materials, and overhead
• Analyze manufacturing variances and provide actionable insights to leadership
• Support month-end close activities, including inventory and COGS reporting
• Prepare margin analysis by product line, customer, and program
• Reconcile inventory accounts (WIP, finished goods, scrap)

Inventory & Manufacturing Partnership

• Partner with Operations to ensure accurate BOMs and routings
• Support physical inventory and cycle counts
• Analyze inventory trends, including excess and obsolescence
• Ensure compliance with inventory controls in an FDA/ISO-regulated environment

Pricing & Profitability

• Support quoting and pricing strategies with detailed cost analysis
• Identify cost drivers and recommend process improvements
• Partner with Sales and Program Management on new product introductions (NPI)

Process Improvement & Systems

• Drive improvements in cost accounting processes and internal controls
• Support ERP enhancements related to costing and inventory
• Develop KPIs and dashboards for operational and financial performance

Compliance & Audit

• Ensure adherence to GAAP and internal accounting policies
• Support internal and external audits
• Maintain strong internal controls aligned with best practices

What You Bring

Financial Leadership and Reporting

• Lead the monthly, quarterly, and annual close processes with accuracy and timeliness
• Oversee preparation of financial statements in accordance with U.S. GAAP
• Support executive leadership with board reporting, financial presentations, and investor or lender reporting
• Drive meaningful variance analysis and financial insights

Accounting Operations and Controls

• Oversee general ledger, accounts payable, accounts receivable, payroll accounting, and fixed assets
• Strengthen internal controls, policies, and audit readiness
• Identify and implement process improvements for scalability and efficiency
• Ensure compliance with all regulatory, statutory, and tax requirements

Cost Accounting and Manufacturing Finance

• Lead cost accounting including standard costing, job costing, and variance analysis
• Partner with Operations and Supply Chain to monitor labor, materials, and overhead
• Ensure accurate inventory valuation and reporting
• Support pricing, margin analysis, and operational performance improvements

Audit, Tax and Compliance

• Lead external audits and coordinate audit preparation
• Ensure timely and accurate tax filings
• Conduct internal audits to ensure policy adherence
• Maintain compliance within a regulated medical device manufacturing environment

Technology and Innovation

• Champion AI and automation initiatives within finance
• Streamline workflows and reduce manual processes
• Support digital transformation and scalable financial infrastructure

Leadership and Collaboration

• Lead and develop the accounting team
• Foster a culture of accountability and continuous improvement
• Partner cross functionally with Operations, Quality, HR, and Supply Chain

What You Bring

Education and Experience

• Bachelor’s degree in Accounting or Finance
• CPA or CMA required
• 7 to 12 plus years of progressive accounting experience
• Manufacturing experience required with medical device or regulated industry preferred
• Multi site and or private equity backed experience preferred

Technical Expertise

• Strong knowledge of U.S. GAAP and financial reporting
• Deep expertise in cost accounting within manufacturing
• ERP system experience required
• Advanced Excel skills with BI tools such as Power BI a plus

Mindset and Skills

• Strong analytical and problem solving abilities
• High attention to detail with ability to manage multiple priorities
• Strategic thinker with a hands on approach
• Interest in leveraging AI and automation
• Strong communication and business partnering skills

Why Join LSO?

• Be a key leader in a growing, private equity backed organization
• Direct impact on financial strategy and operational performance
• Opportunity to modernize and transform finance capabilities
• Collaborative, mission driven environment focused on quality and innovation

Physical Requirements

• Ability to sit or stand for extended periods
• Ability to walk distances and navigate stairs as needed
• Ability to travel periodically between New Hampshire and California