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Title:  Manager Product Costing

Requisition ID:  60980
Date:  Mar 10, 2023
Location: 

Exton, Pennsylvania, US

Department:  Finance
Description: 

 

 

Working at West means having an opportunity to work by the side of our patients and customers, our global team members and the communities in which we operate – which all help contribute to a Healthier World.

 

At West, we are by the side of patients. The work we do impacts patients’ lives each and every day – our products are a critical part of healthcare delivery and we are proud of the role we play to improve patient health. We work by the side of our team members. We come together as one global team to deliver for our customers and help them address their challenges. We are a diverse, close-knit community of professionals, where everyone has a voice and opportunity to learn and grow through mutual trust and respect. With a 95 year plus history, we have a track record for success, which includes reported sales of $2.14B in 2020. We serve by the side of our community. Giving back is in our DNA—our team members across more than 50 sites globally are involved with hundreds of charities that have special meaning to them through our West Without Borders team member-led giving program.

 

Job Summary:

The 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.

                                                                                                                                                     

Basic Qualifications: 

  • Education: Bachelor’s Degree in Accounting or Business with concentration in Accounting/Finance
  • Experience: 8-10 years of experience
  • MBA, CPA, or CMA preferred
  • 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

 

Travel Requirements:

  • Must be able to travel up to 10% of the time

 

 

Physical & Mental Requirements:

  • Sedentary - exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to life, carry, push, pull, or otherwise move objects, including the human body.  Sedentary work involves sitting most of the time.  Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met
  • 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 is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, or disability status.  If you have a special need that requires accommodation in order to apply to West, please send an email to Apply.Accommodation@westpharma.com.  Where permitted by law, an offer of employment with West Pharmaceutical Services, or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of background screening and/or a pre-employment drug screening.

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