Manager, Cost Accounting *PC 691

Your Role:

The Manager, Cost Accounting leads the Cost Accounting team and partners with internal and external stakeholders across Miltenyi Biotec. This role oversees cost accounting activities including financial reporting, analysis, and the development of cost control systems, while managing the month-end close for cost of goods sold, changes in work-in-process, and revenue recognition. The Manager also supports the preparation of annual budgets, assists with external audits, conducts cost-volume-profit analysis, oversees inventory cycle counts, resolves variances, and generates or supports month-end reports for senior management.

Essential Duties and Responsibilities:

• Lead and support investigations into root causes of inventory cycle count variances, implementing corrective actions to resolve discrepancies.
• Mentor and manage a team of cost accountants, fostering a collaborative and high-performance work environment.
• Partner with cost center managers to drive cost reduction initiatives through strategic data analysis and reporting.
• Perform month-end journal entries as part of the month-end closing process.
• Reconcile Goods Receipt/Invoice Receipt (GR/IR) accounts, identify variances, and implement corrective measures.
• Analyze actual manufacturing costs and prepare periodic reports comparing them to standard costs.
• Calculate standard product costs and analyze cost variances using SAP.
• Develop and update Activity Rates in SAP to ensure accurate cost allocation.
• Apply and have a deep understanding of GAAP principles.
• Collaborate with Cost Accounting and Financial Accounting teams during month-end close, financial analysis, and annual budget development.
• Lead special projects and ad hoc duties as assigned.

Requirements:

• Bachelor’s degree in finance, Accounting, or a related field with 5 years of Cost Accounting/Controlling and 1-3 years of supervisory experience in a biotech, pharmaceutical or a related industry.
• Demonstrated expertise in SAP Production Planning and Controlling (PP&C) and Financial Accounting (FI) modules, with a focus on reporting, process optimization, and end-user training.
• Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data visualization.
• Deep understanding of cost accounting principles, financial reporting standards, and internal control frameworks.
• Exceptional analytical and problem-solving skills, with a proven ability to collaborate effectively across departments and with global teams.
• Track record of successful team leadership, driving alignment with departmental and organizational goals.
• Highly organized and detail-oriented, ensuring accuracy and consistency in all deliverables.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee 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 walk; use hands to finger, handle, or feel; reach with hands and arms, talk, and hear. The employee is required to stand; climb or balance and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception and ability to adjust focus. Must have ability to handle more than one task at a time and must work at a rapid pace while maintaining attention to detail.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. This job is performed in a temperature controlled, handicap-accessible facility without exposure to extreme hot or cold temperatures. Generally, this job is performed in an office environment.

The hiring range for this position is expected to fall between $94,497-120,400, reflecting the range candidates can reasonably expect to be considered for at time of offer, based on factors such as experience, internal equity, and qualifications.

The salary of the finalist(s) selected for this role will be set based on a variety of considerations, including but not limited to internal equity, experience, education, specialization, skills, abilities, and training. The above range represents the Company’s good faith and reasonable estimate of possible compensation at the time of posting.

In addition to your salary, the Company offers a comprehensive benefits package, including health, vision, and dental insurance, as well as a 401(k) plan. All benefits are subject to eligibility requirements. Certain positions may also be eligible for additional compensation such as bonuses or commissions.

Miltenyi Biotec North America, is an EO Employer – M/F/Veteran/Disability/Sexual Orientation/Gender Identity

Miltenyi Biotec, Inc. participates in E-Verify.

Are you ready to start revolutionizing biomedical research? When you join Miltenyi Biotec, you join a family that is passionate about making a real impact – one breakthrough at a time. For over 30 years, we have played a pivotal role in the design, development, manufacture, and integration of products for sample preparation, cell separation, cell analysis, imaging, and cell culture needs. These developments have led to cutting-edge cell and gene therapies – transformative methods that mobilize the body’s own cells and genetic blueprint to tackle diseases such as cancer and autoimmune conditions. Today, our more than 18,000 solutions play a vital role in paving the way for the medicine of tomorrow.