What are the responsibilities and job description for the Inventory Cost Accountant position at Made Scientific?
About Made Scientific
Made Scientific is a leading U.S.-based cell therapy contract development and manufacturing organization (CDMO) specializing in the development, manufacturing, testing, and release of autologous and allogeneic cell therapy products for clinical and commercial supply. Headquartered in Princeton, New Jersey, we combine deep scientific expertise with agile, client-focused execution to deliver reliable and scalable manufacturing solutions. Backed by GC Corporation, a global leader in the pharmaceutical and biotechnology industries, Made Scientific is committed to advancing innovative therapies that improve patient lives.
We are seeking a detail-oriented Inventory Cost Accountant to join our Finance team. This is a full-time, onsite position based in Princeton, New Jersey, reporting to the Financial Controller.
Position Summary
This role will support inventory accounting, cost accounting, project/job costing, month-end close, inventory reconciliations, cost analysis, ERP inventory/costing processes, and financial reporting. The ideal candidate will have strong accounting fundamentals, hands-on inventory accounting knowledge, and experience working within an ERP system such as NetSuite. Experience in manufacturing, biotech, pharmaceutical, CDMO, project-based, or regulated production environments is preferred.
Key Responsibilities
- Support month-end and quarter-end close activities related to inventory, cost of goods sold, manufacturing costs, project/job costs, and related balance sheet accounts
- Prepare journal entries, account reconciliations, and supporting schedules for inventory, COGS, project costs, accruals, reserves, and other assigned accounts
- Reconcile inventory subledger activity to the general ledger and investigate variances or unusual activity
- Review inventory transactions for proper costing, classification, GL coding, and customer/project coding
- Analyze inventory movements, purchase receipts, production activity, work orders, project materials, scrap, adjustments, and usage variances
- Support costing activities, including standard cost updates, item costing, landed cost, BOM review, work order costing, and project/job cost tracking
- Assist with inventory valuation, excess and obsolete inventory reserves, lower of cost or net realizable value review, and inventory aging analysis
- Support project-related inventory accounting, including materials issued to projects, project-specific inventory, cost transfers, project cost allocations, and reconciliation of project cost activity
- Partner with Operations, Supply Chain, Procurement, Manufacturing, and Project Management teams to resolve inventory, costing, and project cost discrepancies
- Prepare monthly inventory, cost accounting, and project cost reporting schedules, variance analyses, and account fluctuation explanations for management review
- Support cycle count and physical inventory processes, including reconciliation of count results and review of inventory adjustments
- Assist with audit preparation, including inventory support, cost schedules, project cost support, reconciliations, and responses to auditor requests
- Support ERP inventory and costing processes, including item setup review, BOM/work order review, inventory transaction testing, cost data validation, and reporting improvements
- Identify opportunities to improve inventory accounting processes, costing accuracy, project cost tracking, ERP workflows, inventory controls, and reporting
- Support ad hoc cost analysis, margin analysis, cost allocation, ERP cleanup initiatives, project profitability analysis, and special projects as needed
Required Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field
- 3 years of accounting experience, with exposure to inventory accounting, cost accounting, manufacturing accounting, project/job costing, or related areas
- Strong understanding of month-end close, journal entries, account reconciliations, accruals, and general ledger accounting
- Experience with inventory reconciliations, COGS analysis, inventory adjustments, cost variance analysis, or project/job cost analysis
- Experience using an ERP system such as NetSuite or a similar platform
- Experience supporting ERP-based inventory, costing, item master, work order, or project costing processes
- Strong Excel skills, including pivot tables, lookups, and reconciliation workbooks
- Strong attention to detail, organizational skills, and ability to manage multiple priorities
- Ability to work independently, meet deadlines, and communicate effectively with cross-functional teams
- Ability to work full-time onsite in Princeton, New Jersey
Preferred Qualifications
- Experience in manufacturing, biotech, pharmaceutical, CDMO, project-based, or regulated production environments
- NetSuite experience
- Experience with standard costing, BOMs, work orders, inventory valuation, job costing, project costing, and variance analysis
- Exposure to GMP manufacturing, lot tracking, or regulated inventory environments
- Experience supporting cycle counts, physical inventory, and inventory audit procedures
- Familiarity with excess and obsolete inventory reserve calculations
- Experience participating in ERP implementations, costing module enhancements, inventory workflow improvements, or system cleanup projects
- Experience with Power Query, Power BI, Tableau, VBA, or other reporting tools
- CPA, CMA, or CPA/CMA track preferred but not required
Work Environment
- Full-time, onsite position based in Princeton, New Jersey.
- Primarily performed in a professional office environment.
- Occasional access to laboratory, manufacturing, or warehouse areas may be required in compliance with company safety, PPE and GMP requirements.
- Prolonged periods of sitting and computer use; occasional standing, walking, and lifting up to 15 pounds.
- Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position.
Equal Employment Opportunity Statement
Made Scientific is proud to be an Equal Opportunity Employer committed to fostering a diverse and inclusive workplace. We make employment decisions based on qualifications, merit, business needs, and job requirements without regard to race, color, religion, creed, sex, pregnancy, childbirth or related medical conditions, sexual orientation, gender identity or expression, national origin, ancestry, age, disability, genetic information, marital status, military or veteran status, citizenship status, or any other status protected by applicable federal, state, or local law.
Made Scientific is committed to providing reasonable accommodations to qualified individuals with disabilities and to applicants and employees with sincerely held religious beliefs, practices, or observances, unless doing so would create an undue hardship.