Job Openings

Senior Cost Accounting Manager

Job ID: BH394272

Category: Cost Accounting Manager

Senior Cost Accounting Manager
Direct Hire

Job Location: Alameda, CA

Hours: M – F, 8am – 5pm

Dress: Business Casual

Industry: Medical Device Manufacturing

Size: 3-8 people

Interview Process: Phone screen with hiring manager, then panel interview


Job Summary/Description:
As a Senior Cost Accounting Manager, you will be a key member of our Finance team ensuring all inventory controls and procedures are followed in accordance with GAAP, and accounting modules of the manufacturing system are up to date and functioning properly. You will also review and approve monthly financial results as they relate to cost of sales, manufacturing and distribution, coordinate annual review and update of product standard costs as well as annual physical inventory. You will also maintain transfer prices for inventory sold between subsidiary markets, and lead ERP cost modules (manufacturing, supply chain) implementation from Finance. This position is located in Alameda and is not remote.

What You'll Work On
    • Review and approve monthly financial results for cost of goods, manufacturing and distribution operations and associated balance sheet accounts.
    • Provide written explanations to management of monthly financial performance.
    • Prepare quarterly inventory reserves.
    • Partner with Operations to evaluate financial endeavors and continually improve inventory control processes to improve profitability and minimize losses.
    • Provide financial guidance in the preparation of annual budgets and periodic forecasts for cost of goods, manufacturing and distribution operations, and associated balance sheet accounts.
    • Coordinate annual review and approval of standard costs to ensure proper valuation of inventory and projection of product profitability.
    • Establish and routinely review methodology to allocate manufacturing overhead to products in an activity based manner.
    • Review and approve cost estimates for all new and reformulated products.
    • Coordinate annual physical count of all Shaklee owned inventory at distribution center(s) and third party manufacturing sites.
    • Coordinate annual review and approval of inter-company transfer prices for inventory sold between Penumbra owned markets.
    • Ensure BPCS (Business Planning and Control System) functions properly to support financial reporting of inventory activities as well as identify enhancements to improve efficiencies and controls.
    • Support routine audit requirements with external auditors (Financial and SOX).
    • Monitor and resolve interface issues between inventory systems (eWMS/IM/SAP).
    • Recruit, develop, evaluate and manage Cost Accounting staff.
What You Bring
    • Bachelor’s Degree. MBA or CMA preferred.
    • 10+ years of accounting experience in a corporate environment with a multi-national structure.
    • 10+ years experience specifically in Cost Accounting with progressive responsibilities.
    • Strong Manufacturing background where inhouse manufacturing was done with knowledge of manufacturing systems, such as CamStar or other MES systems and processes were required.
    • Capable of performing advanced accounting tasks with minimum supervision.
    • Must have a significant technical accounting background with strong knowledge and experience of U.S. GAAP and IFRS (desired but not qualified).
    • Outstanding organizational skills and keen attention to detail.
    • Strategic and critical thinking, business judgment, and analytical ability.
    • Excellent oral, written, interpersonal communication skills and demonstrated ability to lead and manage a team are required.
    • Proficient in MS Excel and MS Word and other Microsoft software.
    • Medical device industry experience desired.
    • SAP or other Tier 1 ERP experience is required.
What We Offer
    • A collaborative teamwork environment where learning is constant and performance is rewarded.
    • The opportunity to be part of the team that is revolutionizing the treatment of some of the world's most devastating diseases.
    • A generous benefits package that includes medical, dental, vision, and life insurance; a 401(k) match; and an Employee Stock Purchase Plan.

We are headquartered in Alameda, California, and are a global healthcare company focused on innovative therapies. We design, develop, manufacture and market novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. We sell our products to hospitals and healthcare providers primarily through our direct sales organization in the United States, most of Europe, Canada and Australia, and through distributors in select international markets. 

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.

If you reside in the State of California, please also refer to Penumbra’s Privacy Notice for California Residents.




The Planet Group of Companies is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Type: Direct

Location: Alameda, California