Arrowhead Pharmaceuticals, Inc. (Nasdaq ARWR) is a commercial stage biopharmaceutical company that develops medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, Arrowhead therapies trigger the RNA interference mechanism to induce rapid, deep, and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Arrowhead’s RNAi-based therapeutics leverage this natural pathway of gene silencing.
Arrowhead is focused on developing innovative drugs for diseases with a genetic basis, typically characterized by the overproduction of one or more proteins that are involved with disease. The depth and versatility of our RNAi technologies enables us to potentially address conditions in virtually any therapeutic area and pursue disease targets that are not otherwise addressable by small molecules and biologics. Arrowhead is leading the field in bringing the promise of RNAi to address diseases outside of the liver, and our clinical pipeline includes disease targets in the liver and lung with a promising pipeline of preclinical candidates.
Arrowhead’s corporate headquarters is in Pasadena, CA with research and development teams in Madison, WI & San Diego, CA, and a state of the art manufacturing facility in Verona, WI. Our employees are nimble, science-driven innovators who are collaborating to bring new therapies to patients in need.
The Position
Arrowhead seeks a Senior Cost Accountant to join its Finance and Accounting Team. This individual will report to Arrowhead’s Sr. Cost Accounting Manager and will be responsible for continued development, implementation and maintenance of product inventory accounting and cost analysis. In this highly visible role, this individual will partner with other key areas such as Manufacturing, Quality and Procurement to implement new processes as the Company expands its in-house drug manufacturing capabilities. The individual will also work closely with members of the Finance and Accounting Team and will collaborate with Arrowhead Verona’s operations departments.
Responsibilities
- Support the development & ongoing management of costing method/process for new products and for labor and overhead allocations, ensuring compliance with applicable accounting guidance
- Update bills of material, product routes, material, labor and overhead costs
- Plan, collect, and analyze data to drive the standard cost revaluation processes; implement cost updates periodically
- Assist in the assessment of systems requirements for the accounting department in support of organizational growth; assist in ERP and other accounting systems implementations
- Participate in all financial cycle close, prepare journal entries related to cost allocation, inventory adjustments, and reserves analysis, analyze, and reconcile key inventory related accounts
- Support monthly/quarterly reporting related to costing and inventory
- Validate COGS as part of the month-end close process
- Prepare and analyze batch order cost variances to the standard, help identify cost saving opportunities
- Review subcontract manufacturing contracts, for developing and maintaining product costing
- Coordinates inventory related activities including cycle count and physical inventory
- Assist in developing processes and utilizing systems enhancements to ensure inventory control and the accuracy of inventory data
- Reconcile perpetual inventory system to GL, ongoing maintenance & future enhancements
- Implement changes to improve process efficiency as needed
- Manage relationships with functional department heads across the organization, staying abreast of strategic needs that may drive changes to financial policies, tools, and risk management
- Other related duties, as assigned
Requirements
- Bachelor’s or Master’s degree in Finance/Accounting
- CMA and/or CPA Designation preferred
- 7+ years of demonstrated cost accounting experience and a proficient understanding of accounting principles
- Month-end close, reconciliation and reporting experience
- Experience with actual and standard costing methods
- Knowledge of ERP processes and controls, preferably Microsoft Dynamics
- Proficient in Microsoft Office suite (Excel – pivot tables, vlookups, sumif, etc.)
- Ability to gather, analyze and interpret information for completeness and accuracy; excellent attention to detail; excellent organizational skills
- Demonstrated history of identifying problems, researching, and recommending resolutions
- Flexibility to put in extra hours during critical times such as month, quarter and year-end close cycles
- Strong time management with the ability to work independently and in a group setting
Preferred
- Experience working in a biotech/pharma or process manufacturing environment
Arrowhead provides competitive salaries and an excellent benefit package.
Candidates must have current, valid authorization to work in the country where this role is located.
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What We Do
Arrowhead Pharmaceuticals is a clinical stage, Nasdaq listed (ticker ARWR) company developing medicines that treat intractable diseases by silencing the genes that cause them. Using a broad portfolio of RNA chemistries and efficient modes of delivery, our therapies trigger the RNA interference mechanism to induce rapid, deep and durable knockdown of target genes. RNA interference, or RNAi, is a mechanism present in living cells that inhibits the expression of a specific gene, thereby affecting the production of a specific protein. Our RNAi-based therapeutics are at the leading edge of genetic-based therapy with the potential to bring life changing treatments for patients. Our Targeted RNAi Molecule (TRiMTM) platform utilizes ligand-mediated delivery and is designed to enable tissue-specific targeting while being structurally simple. The TRiM platform builds on more than a decade of work on actively targeted drug delivery and offers several advantages including simplified manufacturing and reduced costs; multiple routes of administration; and potential for improved safety. Our employees are nimble, science-driven, and innovative professionals. A career at Arrowhead offers the opportunity to collaborate with top notch scientists to rapidly discover and develop RNAi-based therapeutics to add to our growing pipeline. Research and development activities are located in Madison, WI. Our R&D group includes fully-integrated capabilities for chemistry, biology, and toxicology. Madison is an exciting and sophisticated city that includes state government, the flagship campus of the University of Wisconsin, and major research organizations. Our HQ, clinical and regulatory operations are located in Pasadena, CA. Just north of Los Angeles and resting in the foothills of the San Gabriel Mountains, Pasadena is known for its natural scenic beauty, vibrant cultural and academic environment and rich architectural setting.
