Sr. Cost Accountant

Finance & Procurement San Diego, CA


Description

About Pacira

Pacira BioSciences, Inc. is a leading provider of non-opioid pain management and regenerative health solutions dedicated to improving outcomes for health care practitioners and their patients. Our in-depth knowledge of non-opioid pain management, coupled with our passion for advancing patient care, drives our commitment to providing solutions that address unmet medical needs and improve clinical results.

Why work with us?

Rarely do you have an opportunity to do work that really matters. What drives us is our mission. What makes us successful are our people.  At Pacira, you are part of an inclusive culture that fosters collaboration, growth, and innovative thinking - a place where you can make an impact and help change the standard of care in non-opioid pain management. Be part of our movement, let’s pursue excellence together.

The primary purpose of this position is to manage the cost and inventory activities for assigned commercial products.  The Sr. Cost Accountant will be responsible for the accounting, reporting, planning & forecasting and ad hoc analysis for assigned Commercial Manufacturing and Supply Chain Organization departments.   Reporting and analysis will provide management with timely, accurate and relevant financial information and insights.  This position is also responsible for the accounting for standard costing and related variances.

Responsibilities:

  1. Accounting Close and Reporting
    • Prepare monthly expense accruals by department and review with managers
    • Ensure contract manufacturer is observing proper shipping/receiving cut-off procedures
    • Investigate inventory variances including purchase price, usage/yield, spend, absorption and scrap with manufacturing
    • Prepare prepaid, accrual and other account reconciliations
    • Review bill-backs from our contract manufacturer(s)
    • Prepare financial results including general account analysis, reconciliation, Gross Margin analysis, variance explanation, Key Performance Indicators with explanation of business drivers
    • Interact with external and internal auditors, prepare, and provide documents for annual audit and SOX reviews
    • Contribute to the detailed Income Statement analytics for cost of goods sold and assist with various analytics
    • Ensure effective communication between accounting and all internal/external customers
  2. Planning and Forecasting
    • Prepare annual budget and quarterly forecasts for the assigned Technical Operations departments
    • Document and understand assumptions, risks and opportunities
    • Participate in documentation, including presentations, trend and variance analysis
    • Timely review of purchase requisitions to ensure accuracy of coding and consistency with budget
    • Provide insight on cost savings activities and support cost reductions initiatives
  3. Manage Standard Costing activities for assigned product
    • Oversee the collection and evaluation of all assumptions and inputs with Technical Operations
    • Develop standard costs for raw materials, labor and overhead and assist with implementation in system.
  4. Inventory Tracking and Reconciliations for assigned product
    • Prepare and value monthly inventory transactions
    • Prepare monthly inventory account reconciliations
    • Collaborate with supply chain department to optimize inventory levels
    • Assist review with the business inventory reserves
    • Manage assigned sites year-end inventory count
  5. Other duties including:
    • Support ongoing Sarbanes-Oxley internal control testing
    • Liaison with external auditors and other vendors to ensure requests are met timely.
    • Other ad hoc analysis / projects as deemed appropriate.

 Interaction:

The incumbent reports to the Tech Ops Controller and works closely with UK Accounting Manager, Corporate Accounting, Operations, and the company’s contract manufacturer.

Qualifications:

  • 3+ years of relevant Cost Accounting experience.
  • BS in Accounting from an accredited college or university or other relevant field
  • Certified Public Accountant or Certified Management Accountant a plus
  • Process Manufacturing, Pharmaceuticals a plus
  • General knowledge of US GAAP, general accounting, and a thorough understanding of cost accounting, preferably in pharmaceutical industry.
  • Knowledge of and experience in internal accounting controls and preparing and implementing accounting policies and procedures.
  • Budgeting and Forecasting
  • Cost and Inventory Accounting
  • Demonstrated analytical abilities
  • Excellent oral and written English communication skills
  • Proven ability to manage multiple projects, set priorities and meet deadlines
  • Proficiency in MS Office including Excel (expert level), Word, Power Point
  • Ability to work effectively in a team environment.
  • Experience working in a fast-paced environment

EEO Statement

Pacira is proud to be an Equal Opportunity Employer and does not discriminate against applicants because of race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), national origin, age (40 or older), veteran status, disability or genetic information, or any other characteristic protected under applicable federal, state, or local law.

At Pacira we are committed to intentionally cultivating a culture of inclusion where all feel welcomed and valued for their background, perspectives, and experiences. We hold one another accountable to promote trust and transparency in support of our communities and collective purpose.