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Senior Manager, Finance Inventory Control

Company: Sarepta Therapeutics
Location: Cambridge
Posted on: September 23, 2022

Job Description:

The Sr. Manager, Finance Inventory Control will report directly to the Associate Director, Finance - Gene Therapy and Manufacturing Accounting. This individual will play a key role in the development and maintenance of the product costing system for our RNA base PMO and PPMO products. He or she will work closely with FP&A and the Manufacturing Operations teams to improve our demand and production forecasting process, while developing strategies for controlling COGS for our commercial and clinical programs. This person will be self-motivated and will form strategic partnership with the IT team in our current effort to fully integrate Oracle Fusion reporting into the inventory & manufacturing close process. This position is also responsible for leading and guiding the inventory team during the monthly closing process in ensuring timely and accurate close, and effective reconciliation of the inventory sub-ledger for financial reporting. Additionally, this person will collaborate closely with the Finance R&D team in ensuring that key processes and policies are in place to properly track and accrue costs related to ongoing projects and studies. He or she will also work with our internal and external auditors during quarterly review and annual audit, and in establishing and maintaining key internal controls and procedures as it relates to these areas and inventory.Primary Responsibilities include:

  • Collaborates with FP&A, Technical Operations, and Supply Chain organizations to assist with updating and maintaining the standard costing and KPI reporting for our RNA and Gene Therapy products, including performing periodic cost studies in support of our standard cost model.
  • Analyze and verify all financial aspects of inventory transactions in Oracle.
  • Provide insightful analysis of monthly manufacturing variances and effectively communicate such analysis to operations and senior management
  • Lead and complete the monthly accounting close process related to inventory and manufacturing, ensure compliance with U.S. GAAP.
  • Ensure process integrity within inventory, and work directly with Third Party vendors to ensure accurate monthly reports
  • Work with inventory team and Supply Chain to develop and maintain inventory cycle counting process to improve inventory accuracy.
  • Work within our existing Oracle ERP system and the Oracle Cost Accounting module, and lead efforts to recommend and implement any extension and improvement of this system.
  • Coordinate with IT department on system issues, maintenance and developments to improve the cost accounting function and timeliness of reporting
  • Work with the Technical Accounting group to align our understanding of contracts and confirm the proper accounting treatment.
  • Lead in the preparation of internal and external reporting related to inventory and COGS, including internal monthly reporting and quarterly reporting to be filed with the SEC and assist in the external audit functions.
  • Maintain outstanding relationships with business partners and accounting peers to address information reporting needs. Prepare accounting schedules routinely and as requested for internal and external reporting requirements, and assist with and ensure successful quarterly and year-end audits.
  • Document controls, processes and procedures related to manufacturing accounting and ensure SOX compliance
  • Maintain and make recommendations to improve our system of internal accounting controls as they relate to inventory and manufacturing.
  • Manage senior accounting staff and delegate work appropriately
  • Play a key role in physical inventory counting at vendor warehouses
  • Complete ad-hoc assignments as necessaryDesired Education and Skills: -
    • Bachelor's and/or Master's degree in Accounting/Finance or similar, CPA preferred.
    • 7+ years of experience in manufacturing, inventory/finance positions of growing responsibilities
    • Strong working knowledge of Oracle OPM Financials module or other ERP systems
    • Solid understanding of manufacturing operations, inventory and cost accounting.
    • Understanding of U.S. GAAP as it applies to a manufacturing environment.
    • knowledge of accounting statements and financial reporting experience in biotechnology and/or pharmaceuticals.
    • Excellent analytic skills; knowledge of Excel-based modeling and experience in the use of computer systems.
    • Excellent organizational and project management skills, ability to prioritize appropriately and meet deadlines
    • Strong communication and interpersonal skills, able to work effectively with personnel throughout the company as well as external vendors
    • Strong problem solving skills, and the ability to work in a team environment to reach a satisfactory resolution.
    • Strong managerial skills with the ability to motivate and mentor staff.Candidates must be authorized to work in the U.S.Sarepta Therapeutics offers a competitive compensation and benefit package.Sarepta Therapeutics is an Equal Opportunity/Affirmative Action employer and participates in e-Verify.#LI-TD1

Keywords: Sarepta Therapeutics, Cambridge , Senior Manager, Finance Inventory Control, Accounting, Auditing , Cambridge, Massachusetts

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