At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?
There’s no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.
We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.
Job Summary
This onsite position as Manager of Product Costing is a global position responsible for developing and managing the inventory and standard costing processes. They will interact with many departments across the organization and be a trusted partner within finance and operations.
Essential Duties and Responsibilities
- Drive and lead all standard cost updates: the annual standard cost process, costing of newly released products, and periodic reviews of individual part costs to ensure they are current and accurately reflect manufacturing costs.
- Collaborate with engineering and operations to ensure bills of materials and routings are accurate as well as procurement for purchasing information records.
- Partner with the master data to implement best practices in maintaining the fields relevant to product costing.
- Analyze global variances (production/purchase price/freight) to ensure accuracy of transactions.
- Participate in S4 Hana go-lives as well as other SAP initiatives as the subject matter expert in all areas related to standard costing and variances.
- Integrate governance mechanisms in the costing process by developing and tracking KPIs and SLAs to ensure inventory valuation accuracy and integrity.
- Ensure appropriate controls and compliance with US GAAP.
- Support and assist in the global initiatives relating to cost accounting for all regions/divisions of West.
- Support and assist other functions within the business as required.
- Other duties as assigned.
Education
- Bachelor's Degree In Accounting or Business with concentration in Accounting/Finance required and
- Master's Degree MBA preferred
Work Experience
- Minimum 8 years related experience required and
- Prior SAP implementation experience preferred
Preferred Knowledge, Skills and Abilities
- Understanding of the manufacturing environment and the associated financial processes
- Knowledge of supply chain, receiving, inventory flow, operations process and manufacturing principles
- Strong ability to assess problem situations to identify causes, gather and process relevant information, generate possible solutions, and make recommendations and/or resolve the problem
- Ability to effectively analyze transactional level detail in an enterprise resource planning system and articulate the key findings to senior management
- Ability to multi-task and drive actions to completion under strict deadlines
- Understanding of GAAP and internal control principles
- High proficiency in Microsoft Excel
License and Certifications
- Finance and Accounting\Certified Public Accountant (CPA) Upon Hire preferred or
- CMA Upon Hire preferred
Travel Requirements
10%: Up to 26 business days per year
Physical Requirements
Sedentary-Exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.
Additional Requirements
- Medical Device manufacturing requires strict adherence to standards. Working environment is a manufacturing facility, which houses plastic injection molding machines. Must tolerate fumes and particulate generated from various plastics. Work areas are equipped with adequate lighting, cooling/heating and equipment that are in a good working condition. Must work constructively in an environment that may be stressful due to competing resources while at all times maintaining company confidentiality.
- Must be able to work scheduled work week, plus overtime and/or irregular hours as required to complete assignments. May stand or sit for extended periods of time. Must transport oneself to and from other areas of the facility and travel to other divisions when necessary. Must have good visual acuity. If specifically necessitated by customer requirements, must be able to see with or without corrective lenses and distinguish color differences for product and safety issues
West embraces diversity and equality of opportunity. We foster an environment where all individuals are safe, treated fairly, valued and respected. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, disability status or other applicable legally protected characteristics. Where permitted by law, employment with West Pharmaceutical Services, Inc. or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of post-offer background screening.
#LI-KR1
#LI-Onsite
