Manager - Cost Accounting

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Rancho Santa Margarita, CA
100K-130K Annually
3-5 Years Experience
Healthtech
The Role

Applied Medical is a new generation medical device company with a proven business model and commitment to innovation fueled by rapid business growth and expansion. Our company has been developing and manufacturing advanced surgical technologies for over 35 years and has earned a strong reputation for excellence in the healthcare field. Our unique business model, combined with our dedication to delivering the highest quality products, enables team members to contribute in a larger capacity than is possible in typical positions.

As a Cost Accounting Manager, you will be responsible for working within the framework of a team and performing the following activities:

  • Manage monthly, quarterly, and annual financial closing process for costing and inventory modules, ensuring accuracy of transactions and entries
  • Prepare and review inventory and cost accounting journal entries and account reconciliations
  • Provide explanations for fluctuation analysis of worldwide gross margins
  • Review manufacturing variances and collaborate with operations teams to reduce them
  • Generate accurate and timely inventory and costing reports for operations teams
  • Analyze standard costs and review standard cost roll-ups for new products and production operations
  • Investigate and resolve large variances before finalizing rolling standards
  • Collaborate with operations teams to analyze inventory for potential excess and obsolete reserves
  • Interact with internal/external auditors and provide analysis and audit schedules
  • Ensure compliance with internal control procedures
  • Provide management oversight to the cost accounting team and offer informal feedback and coaching
  • Conduct annual performance reviews for team members

This position requires the following skills and attributes:

  • Bachelor's degree in Accounting or Finance with an emphasis in Accounting
  • At least five years of experience using a standard cost model in a manufacturing industry
  • At least three years of hands-on management experience, including overseeing and supervising cost accountants
  • Comprehensive understanding of manufacturing variances, overhead absorption, and standard costs
  • Detailed experience with inventory and Cost of Goods Sold (COGS) accounts reconciliations and related accounting
  • Experience with month-end closing and working in a fast-paced environment
  • Experience with inventory cycle count process
  • Advanced skills in Microsoft Excel, creating Pivot Tables, V-LookUps, data merges, filters, and if statements
  • Advanced Microsoft Word skills
  • Excellent written and verbal communication skills and ability to communicate with a variety of other functional areas including operations, material planning, and warehouse teams

The following skills and attributes are preferred:

  • Experience with Systems, Applications, and Products in Data Processing (SAP)

The base compensation range for this role is $100000 - $130000 / year for the position in California. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to skill set, depth of experience, certifications, and specific work location. The range displayed reflects the minimum and maximum target for new hire salaries in California based on the date of this job posting. Your recruiter can share more about the specific salary range compensation package during your hiring process.

Please understand that the compensation range may be modified in the future. Each amount of pay is considered to be wages or compensation once such amount is earned and determinable. The amount and availability of any bonus, commission, benefit or any other form of compensation may be modified at the Company's sole discretion, consistent with the law.

The total compensation package for this position may also include [bonuses and/or other applicable incentive compensation plans].

Our total reward package also includes the following:

  • Training and mentorship with ongoing learning and development courses
  • On-campus wellness activities
  • Comprehensive medical and dental and vision coverage
  • Education reimbursement program
  • 401(k) program with discretionary employer match
  • Generous vacation accrual and paid holiday schedule

All compensation and benefits are subject to the requirements and restrictions set forth in the applicable plan documents and any written agreements between the parties.

Equal Opportunity Employer

Applied Medical is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), or sexual orientation, or any other status protected by federal, state or local laws in the locations where Applied Medical operates.

The Company
HQ: Rancho Santa Margarita, CA
3,336 Employees
On-site Workplace
Year Founded: 1987

What We Do

As a new generation medical device company, Applied Medical is focused on meeting three fundamental healthcare needs: enhanced clinical outcomes, cost containment and unrestricted choice. Our vertically integrated programs in design, development, manufacturing, and distribution enable us to consistently meet these objectives. As a vertically integrated company, we manufacture all of our products in-house at our corporate headquarters in Rancho Santa Margarita, California, and our European headquarters in Amersfoort, Netherlands with distribution centers around the world.

Applied manufactures surgical devices for a wide range of medical specialties. Each year, Applied dedicates, on average, 20% of our revenue to product development and projects that increase the efficiency of our manufacturing operations. As such, we are able to fuel the continuous development of new surgical technologies.

Applied is proud to have a significant and sustainable impact on healthcare. We address patient needs with advanced technologies that enhance surgical outcomes while also meeting our customers’ pressing economic needs.

Applied team members are part of one of the fastest growing and most progressive organizations in the healthcare field. We are proud to have a culture strongly committed to ethical business practices, mutual respect, teamwork, and caring about our customers and our community.

Applied's team members come from a wide range of experience, and their perspectives are crucial to the continued success of our organization. Applied respects each team member’s opinion and fosters a culture of open communication across all levels and departments.

We are looking for exceptional people who share in our mission to deliver breakthrough technologies that enhance surgical and clinical care. We seek creative problem-solvers from a variety of career paths and backgrounds who are interested in making a meaningful, positive difference.

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