Cost Accounting Analyst

Base pay range $80,000.00/yr - $90,000.00/yr A Life Science Cost Accounting Analyst supports biotechnology, pharmaceutical, medical device, and diagnostics companies by analyzing manufacturing, R&D, and supply-chain costs. This role ensures accurate product costing, supports gross margin analysis, and provides insights that help optimize production efficiency and financial performance. It combines cost-accounting rigor with an understanding of life-science manufacturing processes, inventory flows, and regulatory requirements. Key Responsibilities Cost Accounting & Product Costing Maintain and analyze standard costs for raw materials, intermediates, finished goods, and lab supplies. Monitor and reconcile manufacturing variances (PPV, labor, overhead, yield, scrap, etc.). Conduct cost roll-ups, BOM (bill of materials) validation, and routing analysis. Support periodic cost updates and annual standard cost setting. Inventory Accounting Perform monthly inventory reconciliations for raw materials, WIP, and finished goods. Partner with manufacturing, supply chain, and quality to track inventory movements and resolve discrepancies. Support cycle counts and physical inventory audits. Ensure compliance with GAAP/IFRS and internal controls for inventory valuation. Prepare and analyze COGS, gross margin, and manufacturing-related KPIs. Provide variance analysis between actual, standard, and forecasted manufacturing costs. Assist with month-end close activities, journal entries, and account reconciliations. Present cost trends, risks, and opportunities to FP&A and operations leadership. Operational & Cross-Functional Support Collaborate with manufacturing, process engineering, R&D, supply chain, and quality to understand cost drivers. Evaluate cost impacts of new product introductions, process changes, and scale-up activities. Support capital projects and capacity planning with cost analysis. Participate in continuous improvement and Lean/Six Sigma initiatives. Compliance & Regulatory Ensure cost accounting processes comply with SOX, cGMP, and internal audit requirements. Maintain accurate cost documentation for FDA, EMA, or other regulatory audits when manufacturing or R&D data is reviewed. Support proper costing and tracking of clinical trial materials when applicable. Compensation $80,000 to $90,000 annually Seniority level Mid-Senior level Employment type Full-time Job function Accounting/Auditing, Finance, and Analyst Industries Public Health #J-18808-Ljbffr