Senior Cost Accountant

Description
Job Summary

Inogen seeks a highly motivated and experienced Senior Cost Accountant to join our finance team. This role is essential to supporting our operations and ensuring accurate and efficient cost accounting processes. As a Senior Cost Accountant, you will be critical in cost analysis and Bill of Materials (BOM) costing, as well as providing valuable insights to support decision-making across departments. You will also collaborate closely with operations to ensure accurate and reliable cost structures for our products.
Responsibilities (Specific tasks, duties, essential functions of the job)
• Manage and oversee the cost accounting processes, including analyzing and calculating labor, materials, and overhead costs, ensuring accurate BOM costing.
• Provide detailed cost analysis to support operations, manufacturing, and financial reporting decision-making.
• Develop and maintain detailed cost models and reports, utilizing Excel and Power BI to analyze cost trends and perform variance analysis.
• Collaborate with cross-functional teams to gather and analyze financial data for pricing and profitability assessments.
• Assist in preparing monthly and quarterly cost reports, ensuring accuracy and timeliness.
• Analyze and track manufacturing costs and inventory levels, ensuring proper accounting treatment.
• Work closely with the FP&A team to support financial forecasting, budgeting, and strategic planning.
• Develop and implement new SOPs and training materials for cost accounting processes.
• Continuously review and improve costing methodologies and processes to ensure efficiency and accuracy.
• Provide support for month-end and year-end closing processes as needed.
Knowledge, Skills, and Abilities
• Experience in FP&A or supporting department leadership with financial decision-making.
• Advanced understanding of costing methodologies and their application in the medical device industry.
• Strong problem-solving skills and ability to work independently.
Qualifications (Experience and Education)
• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of experience in cost accounting or related roles, preferably in the manufacturing or medical device industry.
• Strong understanding of cost accounting principles, including BOM, labor, materials, and overhead costs.
• ERP experience (SAP, Oracle, or similar) with a solid understanding of how to utilize ERP systems for cost analysis and reporting.
• Proficiency in Excel and Power BI; experience in building detailed financial models and reports.
• Ability to analyze complex financial data and communicate findings clearly to non-financial stakeholders.
• Strong attention to detail with the ability to handle multiple priorities and meet deadlines.
• Excellent communication skills, with the ability to collaborate across departments and support senior leadership.
• Ability to take charge of processes, create training materials, and build SOPs to improve efficiency and accuracy.
Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.