Senior Cost Accountant

Posted Yesterday
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Geneva, IL, USA
In-Office
115K-120K Annually
Senior level
Healthtech
The Role
Oversee manufacturing cost accounting, standard costing, inventory valuation, variance analysis, financial reporting, reconciliations, and month-end close. Lead budgeting, forecasting, and CAPEX planning across domestic operations while supporting international entities. Partner with manufacturing, operations, and warehouse leadership to improve cost accuracy, profitability, inventory controls, and operational efficiency. Responsibilities include reserve calculations, cycle counts, BOM and routing reviews, and financial performance analysis.
Summary Generated by Built In

Compensation Target: $115,000 - $120,000 annually

Annual Bonus Eligibility: 10% of base plus targeted bonus

Benefits: Bravida Benefits Information

Location: Geneva, IL - Hybrid (3 days in office, 2 remote)

Bravida means Brav = Brave and Vida = Life. 

We are focused on patient lives and the bravery shown in care, recovery, service, healing, advocacy and everyday moments of resilience.


Bravida Medical is seeking a highly analytical and detail-oriented Senior Cost Accountant to play a critical role in driving manufacturing cost accuracy, financial performance, and operational efficiency. This position is responsible for overseeing cost accounting processes including standard costing, inventory accounting, cost variance analysis, financial reporting, general ledger accounting, and month-end close activities related to inventory and cost of goods sold (COGS).

As a key business partner to Operations, Manufacturing, and Warehouse leadership, the Senior Cost Accountant provides actionable financial insights that support strategic decision-making, continuous improvement initiatives, and long-term profitability. This role will also lead the budgeting and forecasting process for manufacturing costs and capital expenditures (CAPEX) across multiple entities.

Responsibilities

Cost Accounting & Financial Analysis
  • Analyze manufacturing costs, including direct materials, labor, and overhead, to ensure accurate product costing and profitability reporting.
  • Develop, maintain, and enhance standard costing methodologies and processes.
  • Perform detailed variance analysis of production, labor, material, scrap, and absorption costs, identifying trends and recommending corrective actions.
  • Conduct cost-volume-profit (CVP) and margin analyses to support operational and strategic business decisions.
Inventory & Manufacturing Accounting
  • Ensure accurate inventory valuation in accordance with accounting standards and company policies.
  • Manage inventory accounting activities, including reserve calculations for excess, obsolete, slow-moving, and damaged inventory.
  • Oversee cycle count programs, monitor inventory accuracy metrics, and partner with operations teams to resolve discrepancies.
  • Lead the annual standard cost roll process, including BOM and routing reviews.
Financial Reporting & Month-End Close
  • Prepare and analyze monthly, quarterly, and annual financial reports related to inventory, manufacturing costs, and gross margin performance.
  • Perform balance sheet reconciliations for inventory, COGS, and related manufacturing accounts.
  • Support month-end and year-end close activities, ensuring accuracy and timely reporting.
  • Provide management with meaningful financial analysis and reporting to support business objectives.
Budgeting, Forecasting & Capital Planning
  • Lead annual budgeting and periodic forecasting processes for manufacturing costs and capital expenditures across domestic operations, while supporting international entities.
  • Monitor and report CAPEX spending against budget and forecast.
  • Evaluate manufacturing performance against financial plans and recommend opportunities for cost optimization and operational improvement.

Requirements

  • Bachelor's degree in accounting, finance, or a related field.
  • Minimum 5+ years of relevant work experience in cost accounting in a manufacturing environment.
  • Proficiency in accounting software (SAP ByDesign a plus) and spreadsheets.
  • Experience using AI or automation tools to streamline reporting a plus.
  • Working knowledge of U.S. GAAP, including inventory accounting (ASC 330).
  • CMA or advanced degrees a plus.

Additional eligibility requirements

  • Authorized to work in the United States only

Affirmative Action/EEO statement 

Bioderm is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, marital status, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state or local laws. Our management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Skills Required

  • Bachelor's degree in accounting, finance, or a related field
  • At least 5 years of relevant cost accounting experience in a manufacturing environment
  • Proficiency with accounting software and spreadsheets
  • Working knowledge of U.S. GAAP, including inventory accounting under ASC 330
  • Authorized to work in the United States
  • Experience with SAP ByDesign
  • Experience using AI or automation tools to streamline reporting
  • CMA certification or advanced degree
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The Company
81 Employees
Year Founded: 2001

What We Do

Argentum Medical develops, manufactures, and sells advanced wound-care products, led by Silverlon antimicrobial dressings made with silver-plated nylon. Its dressings are used by surgeons and other healthcare professionals for surgical wounds, burns, chronic wounds, IV catheter-related wounds, and negative-pressure wound therapy. Argentum’s product development centers on antimicrobial technology and expanding its clinical applications, with the stated mission of improving clinical outcomes.

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