Sr. Manager Cost Accounting

Posted 21 Days Ago
Be an Early Applicant
Salem, NH, USA
In-Office
Senior level
Healthtech • Information Technology
The Role
Lead cost accounting and inventory control for manufacturing, overseeing standard cost roll, cycle counts, month-end close, margin and variance analysis, E&O/warranty reserves, and partnering with Operations, Supply Chain, and IT to improve controls and reporting. Manage and develop direct reports and support ad hoc financial projects.
Summary Generated by Built In

Why should you join the Analogic team?

At Analogic, we work together to create life-changing technology. We value your unique skills and abilities and invite you to join our team in saving lives by supplying health care workers with high-tech medical products and transportation security professionals with leading-edge aviation security screening equipment.  We offer great benefits, a 9/80 work schedule and career advancement. To learn more about our culture, mission and vision please visit www.analogic.com

We are seeking a highly analytical and collaborative Manager / Senior Manager of Cost Accounting & Inventory Control to lead critical financial processes supporting our manufacturing operations. This role is responsible for overseeing $150M–$400M in inventory, driving accuracy in costing and controls, and delivering actionable insights on margins and variances.

You will play a key role in month-end close, forecasting, and operational decision support, while partnering closely with Operations, Supply Chain, and Finance leadership. This position also leads continuous improvement initiatives to enhance reporting accuracy, strengthen controls, and streamline processes.

This role includes management of a professional-level direct report and offers strong visibility across the organization.

Key Responsibilities

Inventory & Cost Accounting Oversight

  • Maintain and strengthen internal controls across inventory and cost of goods sold (COGS) processes to ensure accuracy and timeliness
  • Lead the annual standard cost roll process across the organization
  • Oversee cycle count programs and ensure compliance with inventory control requirements
  • Partner with Operations to plan and execute physical inventory counts

Financial Close & Analysis

  • Support and review month-end close activities, including journal entries and account reconciliations
  • Analyze gross margins, cost variances (PPV, work order variances, scrap), and provide insights to drive performance
  • Perform inventory-related analyses, including excess & obsolete (E&O) reserves and warranty reserves
  • Conduct flux analysis and provide clear explanations of financial results

Business Partnership

  • Collaborate with Operations, Procurement, and Supply Chain to resolve issues related to production, receiving, and shipping
  • Ensure accuracy of consigned inventory balances
  • Support planning and forecasting processes related to COGS and inventory

Process Improvement & Systems

  • Identify and drive process improvements to enhance cost accuracy, reporting efficiency, and internal controls
  • Partner with IT to implement system enhancements and automation opportunities

Leadership

  • Manage and develop one or more direct reports, fostering a culture of accountability, continuous improvement, and engagement
  • Serve as a trusted advisor to cross-functional partners

Additional Responsibilities

  • Support ad hoc analysis and special projects as needed

Qualifications

Required:

  • Bachelor’s degree in Accounting or Finance
  • 8+ years of relevant experience in cost accounting or manufacturing finance
  • Strong understanding of standard costing, inventory controls, and manufacturing operations
  • Experience with ERP systems and financial reporting tools
  • Advanced Excel skills and highly proficient in other MS Office applications

What We Offer:

We appreciate that our employees work diligently to contribute to our success as an organization. We also recognize the importance of work-life balance and therefore developed a competitive total rewards package including programs that offer employees flexibility to balance their work and life including:

  • 9/80 work schedule – enjoy every other Friday off!
  • Flexible Vacation – employees can take time off as is reasonably needed
  • Comprehensive benefits including medical, dental, vision, life insurance and disability plans.
  • HRA (for PPO plan participants) /HSA (Health Savings Account for high deductible plan participants) contribution
  • 401K with company match and immediate vesting
  • Continuous Education Assistance
  • Supportive culture that values innovation, collaboration, and excellence
 
 
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Bachelor's degree in Accounting or Finance
  • 8+ years of relevant experience in cost accounting or manufacturing finance
  • Strong understanding of standard costing, inventory controls, and manufacturing operations
  • Experience with ERP systems and financial reporting tools
  • Advanced Excel skills and proficiency in other MS Office applications
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The Company
HQ: Peabody, MA
760 Employees
Year Founded: 1967

What We Do

Analogic provides leading-edge healthcare and security technology solutions to advance the practice of medicine and save lives. We are recognized around the world for advanced imaging systems and technology that enable computed tomography, digital mammography, and magnetic resonance imaging (MRI), as well as automated threat detection for aviation security. Analogic’s aviation security solutions, such as our ConneCT checkpoint security scanner, are designed to meet the highest standards for threat detection and are operational at airports worldwide. Our CT, MRI, and digital mammography products are sold to original equipment manufacturers (OEMs), providing state-of-the-art capability and enabling them to enter new markets and expand their existing market presence. Today, Analogic's subsystems are used in approximately half of the world's CT and MRI scanners. For over 50 years we've enabled customers to thrive, improving the health and enhancing the safety of people around the world. Analogic is headquartered just north of Boston, Massachusetts. For more information, visit www.analogic.com.

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