Senior Cost Accountant

Tailor Made Compounding, established in 2016, has quickly grown into one of the nation’s leading 503A compounding pharmacies—recognized for our innovation, precision, and deep expertise in areas like men’s health, women’s health, and IV therapy. As a fast-paced, high-growth organization, we thrive on solving complex challenges in pharmaceutical compounding and delivering personalized solutions where standard medications fall short.  

Job Summary 
TMC is seeking an experienced Senior Cost Accountant to join our growing team. The Senior Cost Accountant will be responsible for analyzing, tracking, and controlling production and fulfillment costs. Reporting directly to the CFO, this role supports production, finance, and management teams by providing accurate cost analysis, monitoring inventory and production expenses, and identifying opportunities to improve profitability and operational efficiency. 

Key Responsibilities 

Cost Analysis & Variance Reporting 

• Establish a dynamic standard cost system for our array of product offerings. 

• Analyze manufacturing costs including raw materials, labor, and overhead. 

• Monitor production & fulfillment costs – maintain standard costs based on changes in materials, labor, or processes. 

• Conduct variance analysis (material, labor, overhead) and explain deviations. 

• Identify cost trends, variances, and opportunities for cost reduction. 

Inventory Management/Financial Reporting 

• Monitor raw materials, work-in-progress (WIP), and finished goods inventory. 

• Support inventory valuation and reconciliation. 

• Participate in physical inventory counts and cycle counts. 

• Support month-end and year-end closing activities related to inventory and COGs. 

Budgeting & Forecasting 

• Support financial planning and cost control initiatives. 

• Track production spending against budget and update short-term forecasts to reflect projected financial performance. 

• Assist in the preparation of manufacturing budgets and forecasts by leveraging the established standard cost system. 

Process Improvement 

• Collaborate with production and operations teams to identify and recommend cost-saving opportunities and improved resource utilization. 

• Conduct predictive analysis to evaluate how proposed changes to production or fulfillment processes may impact operational efficiency and profit margins. 

Qualifications 

Education 

• Bachelor’s degree in Accounting, Finance, or related field. 

• CPA, CMA, or equivalent certification preferred. 

Experience 

• 3–5 years of cost accounting experience in a manufacturing environment required. 

• Experience with ERP systems (SAP, Oracle, or similar) strongly preferred. 

Skills 

• Strong knowledge of cost accounting principles and manufacturing processes. 

• Proficiency in Excel and financial analysis tools. 

• Strong analytical and problem-solving skills. 

• Attention to detail and accuracy. 

• Ability to communicate financial information to non-financial teams. 

Why Join TMC? 

At TMC, our people are at the heart of everything we do. We are committed to building a workplace that fosters growth, flexibility, and high performance. The HR specialist role offers the opportunity to directly shape employee experience while contributing to the success of a rapidly growing compounding pharmacy.