Role Description
iRhythm is currently seeking an experienced Inventory & Cost Accounting Manager. The responsibilities of this position will include the oversight and stewardship of the Cost Accounting processes, inclusive of ownership of inventory transactions and understanding of cost-related performance measures as it relates to cost of revenue. Additionally, this position will provide research and oversight of inventory transactions and collaborate with cross-functional teams to transition and improve processes.
Specific job responsibilities include:
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Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales.
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Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins.
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Maintain the integrity and accuracy of product cost data; assist with close activities as needed.
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Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions.
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Lead matrixed team of accountants in a global organization, delegating process improvement projects, documentation, ad-hoc analysis, and supporting them in close by reviewing and approving month end close journal entries.
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Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information).
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Establish inventory policies and processes and continuously improve inventory management practices.
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Assist cost accounting and manufacturing team in setup of manufacturing bill of materials (BOMs) and routings; assist supply chain in material master setup of purchased parts.
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Identify tasks and deliverables for implementation and assist in the creation, coordination, and execution of those tasks.
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In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders.
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Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary.
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Lead annual standards setting process β supply chain, manufacturing, and engineering update support and cost roll ups to support Annual Operating Plan (AOP). Set standard costs in ERP system.
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Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly.
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Assist FP&A with product cost related information and modeling for forecast refreshes.
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Assist in audit and ad-hoc cost accounting requests.
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Project Related β ERP Implementation responsibilities include providing data conversion (gathering, cleansing, etc.) and testing support.
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Assess current financial policies, procedures, and systems; assist Sr Manager to create the workflow to be used with the new ERP system.
Qualifications
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Bachelor's Degree in Accounting, Finance, or a related field.
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8+ years of accounting or finance experience, 5+ years of cost accounting experience preferred.
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Advanced knowledge of Excel (e.g., Pivot Tables, V-Lookup, data merges, filters, etc.).
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Experience in Sarbanes-Oxley-compliant environment.
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Strong understanding and proficiency in U.S. GAAP.
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Willingness to work flexible or extended hours during month end close to support an international team of accountants based in the Philippines.
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Experience with tight deadlines and responsibility for accuracy and timeliness for work performed or reviewed.
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Experience managing and leading a team.
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High attention to detail, excellent organizational skills, and the ability to work on multiple projects.
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Excellent oral and written communication skills, and proven ability to work with limited supervision.
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Exhibits advanced wide-ranging experience, using in-depth professional knowledge, acumen, concepts and company objectives to develop, resolve complex models and procedures.
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Understands and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors.
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Networks with key contacts outside own area of expertise.
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Frequently advises others on complex matters.
Requirements
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Knowledge of multinational ERP is required; SAP and/or QAD is a plus.
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Previous experience in ERP implementations or related project management experience.
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Experience in a fast-paced, team-oriented, matrixed organization.
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Excellent interpersonal skills and the ability to deal effectively with a variety of personnel, both internally and externally.
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An eagerness to learn and take on challenges in a rapidly-growing and dynamic environment; must be a team player.
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Strategic thinking with an emphasis on relationship management and communication at all levels within an organization.
Benefits
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Actual compensation may vary depending on job-related factors including knowledge, skills, experience, and work location.
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Estimated Pay Range: $115,000.00 - $149,000.00.