Associate Director, Cost AccountingLocation Novato, California Apply
BioMarin’s Technical Operations group is responsible for creating our drugs for use in clinical trials and for scaling production of those drugs for the commercial market. These engineers, technicians, scientists and support staff build and maintain BioMarin’s cutting-edge manufacturing processes and sites, provide quality assurance and quality control to ensure we meet regulatory standards, and procure the needed goods and services to support manufacturing and coordinating the worldwide movement of our drugs to patients. Come join our team and make a meaningful impact on patients’ lives.
BioMarin is seeking a highly motivated Associate Director to join our Technical Operations (TOPS) Finance team. The Associate Director will be part of the Consolidated Reporting team within the TOPS Finance organization. This team has global responsibility for TOPS reporting as well as inventory costing, excess & obsolescence, SOX compliance, USGAAP audits, intercompany profit elimination, global gross margin review and balance sheet reconciliations. This position will be a key member of a cross-functional team, collaborating extensively with regional and global finance colleagues and technical operations teams. This role will be an active participant in key areas across all pillars of the TOPS Finance organization including the development of all team members.
- Maintain internal controls for inventory accounting, in line with corporate policy, US GAAP and SOX requirements. Responsible for all aspects of SOX, internal and external audits for inventory for the US entity.
- Responsible for accuracy of inventory balances including correct treatment of commercial and clinical inventory, assessment of excess & obsolescence and elimination of profit in inventory.
- Ensure accurate inventory costing and overhead absorption for each stage of the manufacturing process from raw material purchases through to finished goods and COGS recognition.
- Monitor internal campaign manufacturing, production schedules and contract manufacturing activity to enable timely communication of cost of goods manufactured and COGS.
- Review intercompany and affiliate sales, ensuring correct treatment of intercompany profit. Review global gross margin on a monthly basis, reporting on trends and variances to plan.
- Responsible for period close activities for US entity including validation of cost of goods sold entries, appropriate treatment of operating overhead, balance sheet reconciliations in accordance with US GAAP and submission of close deliverables.
- Responsible for meeting monthly and quarterly deadlines to ensure hand-offs to other finance functions including SEC reporting, Controller reviews and TOPS business partner reviews.
- Assist with preparation of consolidated financial management reporting for TOPS for balance sheet and P&L areas. Support budget and LRP activities as required.
- Establish key working relationships with Corporate colleagues, particularly Tax, FP&A, GL and ERP support teams.
- Provide coaching for direct reports, assess development opportunities to keep team engaged and motivated.
- Lead local and global projects and initiatives within TOPS Finance. Engage in continuous improvement initiatives to drive process efficiencies and participate in transformation projects. Identify process automation opportunities to eliminate non-value add activities.
- Collaborate with ERP and global finance teams to identify and introduce process enhancements to improve efficiency.
Bachelor’s degree in Accounting or related field is required. Certified Public Accountant or equivalent is desired.
- Minimum five years’ experience in a manufacturing business with audited financial statements. Experience in manufacturing accounting with an integrated ERP system essential.
- Demonstrate experience in leading process improvement initiatives and working on own initiative.
- Experience of US GAAP, Sarbanes Oxley and internal control environment essential.
- Demonstrate cross-functional collaboration across finance and business functions to resolve business and finance critical issues.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.