Senior Cost Accounting Manager

Reposted 4 Days Ago
Be an Early Applicant
Hiring Remotely in Richmond, VA, USA
In-Office or Remote
135K-140K Annually
Senior level
Healthtech
The Role
The Senior Cost Accounting Manager leads financial analysis of costs, ensuring accurate reporting while collaborating with departments to enhance profitability and efficiency.
Summary Generated by Built In

Owens & Minor is a global healthcare solutions company providing essential products, services and technology solutions that support care delivery in leading hospitals, health systems and research centers around the world. For over 140 years, Owens & Minor has delivered comfort and confidence behind the scenes, so healthcare stays at the forefront, helping to make each day better for the hospitals, healthcare partners, and communities we serve. Powered by more than 14,000 teammates worldwide, Owens & Minor exists because every day, everywhere, Life Takes Care™.

 

Global Reach with a Local Touch

  • 140+ years serving healthcare

  • Over 14,000 teammates worldwide

  • Serving healthcare partners in 80 countries

  • Manufacturing facilities in the U.S., Honduras, Mexico, Thailand and Ireland

  • 40+ distribution centers

  • Portfolio of 300 propriety and branded product offerings

  • 1,000 branded medical product suppliers

  • 4,000 healthcare partners served


Benefits

  • Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.

  • Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.

  • Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.

  • Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.

  • Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.

  • Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.

  • Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.

  • Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.

Salary: $135,000 – $140,000

The anticipated salary range for this position is $135K–$140K, with final compensation based on experience, skills, education, and location.

The Senior Cost Accounting Manager leads the financial analysis of purchased finished goods, manufacturing, and operational processes to drive profitability and ensure accurate financial reporting. This role will focus on cost transparency, operational efficiency, and provide the business with understanding of costs. 

Responsibilities

  • Cost System Management: Develop, implement, and maintain robust cost accounting systems, policies, and procedures to enhance reporting accuracy.
  • Inventory Control: Oversee the accurate valuation of raw materials, work-in-progress (WIP), and finished goods.
  • Financial Analysis & Reporting: Analyze production and purchasing costs, manufacturing variances (labor, overhead, materials), and gross margin results to identify cost-saving opportunities and explanations of changes, support product category reporting related to cost drivers
  • Standard Costing: Establish and routinely update standard costs for materials and labor, ensuring they reflect current manufacturing or purchasing realities.
  • Business Partnership: Collaborate with Finance, Manufacturing, Supply Chain, Procurement, and R&D teams to understand cost drivers and support strategic decision-making.
  • Budgeting & Forecasting: Assist with the preparation of annual budgets and periodic forecasts for Cost of Goods Sold (COGS) and manufacturing operations. Support annual standards process to include business partner reviews of changes

Requirements

  • Education: Bachelor’s degree in AccountingFinance, or a related field. A Master’s degree (MBA) or certifications like CPA (Certified Public Accountant) or CMA (Certified Management Accountant) are preferred.
  • Experience8+ years of progressive experience in cost or manufacturing accounting, including several years in a supervisory or management capacity.

If you feel this opportunity could be the next step in your career, we encourage you to apply. This position will accept applications on an ongoing basis.

Owens & Minor is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, sex, sexual orientation, genetic information, religion, disability, age, status as a veteran, or any other status prohibited by applicable national, federal, state or local law.

Skills Required

  • Bachelor's degree in Accounting, Finance, or a related field
  • Master's degree in Accounting or Finance (MBA)
  • Certified Public Accountant (CPA) certification
  • Certified Management Accountant (CMA) certification
  • 8+ years of experience in cost or manufacturing accounting
  • Several years in a supervisory or management capacity

Owens & Minor Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Owens & Minor and has not been reviewed or approved by Owens & Minor.

  • Healthcare Strength Medical and vision coverage, employer-paid life and disability insurance, and mental-health resources (such as an assistance program and Calm Health) are included, with indications of fast eligibility for full-time roles. The breadth of core coverage is positioned as solid for a company of this size.
  • Leave & Time Off Breadth Paid holidays, vacation, sick time, and paid parental leave are included. These leave programs round out a comprehensive baseline alongside core health coverage.
  • Retirement Support A 401(k) program with company matching is offered, alongside tax-advantaged savings options. Auto-enrollment and a defined match structure underscore a structured approach to retirement saving.

Owens & Minor Insights

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The Company
HQ: Mechanicsville, VA
12,252 Employees
Year Founded: 1882

What We Do

Owens & Minor, Inc. (NYSE: OMI) is a Fortune 500 global healthcare solutions company providing essential products and services that support care from the hospital to the home. For over 100 years, Owens & Minor and its affiliated brands, Apria® , Byram®, and HALYARD*, have helped to make each day better for the patients, providers, and communities we serve. Powered by more than 20,000 teammates worldwide, Owens & Minor delivers comfort and confidence behind the scenes so healthcare stays at the forefront. Owens & Minor exists because every day, everywhere, Life Takes Care™.

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