Senior Cost Accountant

Posted Yesterday
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Plymouth, MN, USA
In-Office
Senior level
Healthtech • Biotech
The Role
The Senior Cost Accountant supports month-end close, inventory accounting, COGS, manufacturing variances, standard costing, reconciliations, and audit activities. The role partners with operations on forecasting, budgets, strategic planning, capital spending, and cost-reduction initiatives. Responsibilities include variance analysis, bills of materials, product costing, financial modeling, KPI reporting, inventory valuation, cycle counts, and SAP/ERP enhancements.
Summary Generated by Built In

We believe that great healthcare is an essential safeguard of human dignity.

At Laborie, we know the work we do matters – it’s what fuels our motivation and contributes to our success. If you’re ready to make a positive impact in the lives of patients across the globe, we’d like to meet you.

 

We support and empower our employees to grow their careers in an environment that encourages a sense of belonging and a connection to doing good. We’re not afraid to roll up our sleeves to make our goals a reality and work together to solve for our customers. We reward and recognize our employees based on our values of Aspire to Greatness, Respect All, Own It, Working Together, Persist with Passion.

Who We’re Looking For:

As a key member of the Finance team, the Senior Cost Accountant will support the operations financial close for varied locations and prepare monthly financial reporting including KPIs to review with Finance, Plant Managers, and operations teams. The Senior Cost Accountant will support the team in all aspects of inventory including month-end reconciliation, excess and obsolete reserve analysis, and cycle counting analysis.

 

About the Role:

  • MonthEnd & Cost Accounting: Support monthend close activities including inventory, COGS, manufacturing variances, capital expenditures, journal entries, reconciliations, standard costing, and audit support.
  • Operations Finance Partnership: Serve as a key business partner to operations, supporting forecasting, AOP, budgets, strategic planning, capital spend planning, and costsavings initiatives (Kaizen, VSM, Six Sigma).
  • Costing & Variance Analysis: Research, calculate, and analyze labor, overhead, and material variances; review bills of materials; establish and maintain accurate product and standard costs in the ERP system.
  • Reporting, Modeling & Decision Support: Prepare financial models and analyses (e.g., make/buy decisions), production efficiency metrics, capital expenditure requests, and operational performance reports.
  • Inventory & Systems Support: Support physical inventories and cycle counts, ensure accurate inventory valuation, and assist with SAP/ERP implementations and system enhancements.

Minimum Qualifications:

  • Bachelor’s degree in finance or related field.
  • Minimum 7 years in Accounting or Finance positions with the majority in operations and/or manufacturing.
  • 3 -5 years experience with SAP
  • Advanced Microsoft Office skills in Word, Excel, PowerPoint, PowerBI
  • Demonstrated professionalism in written and verbal communications, ability to effectively work with a cross-functional team.

 

Preferred Qualifications:

  • 3 - 5 years’ experience with SAP
  • CPA / CMA / MBA preferred
  • Exposure to Planful, BPC, Oracle EPM, Blackline helpful

 

Why Laborie:

Our Mission every day is to operate as a world-class specialist medical company making and advancing technologies that preserve and restore human dignity. We do that today by helping people with pelvic and gastrointestinal conditions live normal lives, and by helping mothers and babies have safe deliveries. 

 

  • Paid time off and paid volunteer time
  • Medical, Dental, Vision and Flexible Spending Account
  • Health Savings Account with Company Funded Contributions
  • 401k Retirement Plan with Company Match
  • Parental Leave and Adoption Services
  • Health and Wellness Programs and Events
  • Awarded 2024 Cigna Healthy Workforce Designation Gold Level

 

Laborie provides equal employment opportunities and non-discrimination for all employees and qualified applicants without regard to a person’s race, color, gender, age, religion, national origin, ancestry, disability, veteran status, genetic information, sexual orientation or any characteristic protected under applicable law. Laborie is committed to providing access and reasonable accommodation in our services, activities, education, and employment for individuals with disabilities.

 

Skills Required

  • Bachelor's degree in finance or a related field
  • Minimum 7 years of experience in accounting or finance positions, primarily in operations and/or manufacturing
  • 3–5 years of experience with SAP
  • Advanced Microsoft Office skills, including Word, Excel, PowerPoint, and Power BI
  • Professional written and verbal communication skills
  • Ability to work effectively with cross-functional teams
  • CPA, CMA, or MBA
  • Exposure to Planful, BPC, Oracle EPM, or BlackLine
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The Company
HQ: Portsmouth
612 Employees
Year Founded: 1967

What We Do

Laborie develops innovative medical technologies – including diagnostic equipment and consumable supplies – in the Urology, Gastroenterology, Gynecology, Obstetrics and Neonatology fields. We take great pride in supporting doctors, nurses, hospitals, clinics, academic institutions and patients with treatment and diagnostic innovations. LABORIE is comprised of a variety of powerful brands – cultivated over more than 50 years of providing innovative products and services to our customers. Our story is one of continuous profitable growth, driven both organically and inorganically through mergers and acquisitions. We are privately owned by Patricia Industries and a part of the Investor AB network. Our owners take a long-term investment approach and create value for people and society by building strong and sustainable businesses. We know the work we do at LABORIE matters – we’re making a positive impact in the lives of patients across the globe. This is what fuels our motivation each day.

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