Cost Accounting Consultant

Estimated Length of Contract: approximately 6 months with the potential for extension if appropriate

Hours Required Per Week: up to 24 hours/week

Reports to: CFO or her designee

Position Summary
The Cost Accounting Consultant will work closely with Fractyl’s CFO, Controller, FP&A, and Manufacturing & Supply Chain
to design a cost accounting and inventory framework, as well as cost accounting models appropriate for a start‐up medical
device/biotech company. Additionally, s/he will develop policies and procedures related to the areas of responsibilities.

Primary Responsibilities
  • Perform a detailed analysis of manufacturing and supply chain activities.
  • Partner with Accounting, FP&A, Manufacturing and Supply Chain to establish Material, Labor and Overhead Cost
    that support capitalization by product.
  • Review and analyze the methodology for manufacturing/QA and supply chain overhead allocation.
  • Analyze inbound freight on inventory materials.
  • Recommend and develop an inventory valuation/cost accounting framework and model suitable for a start‐up
    medical device/biotech company.
  • Design appropriate variance analyses that support the development of a standard cost system.
  • Assist with the development of an item master file for inventory valuation purposes.
  • Assist with the design of an inventory tracking system that will allow the company to reasonably value inventory
    for financial and tax reporting.
  • Assist with the development of inventory related policies and procedures.
  • Working closely with the finance team, developing a robust standard cost system that supports strategic and
    operational needs.
  • Bring a “can do” spirit to work and deliver on other responsibilities as assigned.

Education or Certification Requirements
  • Bachelor’s degree in Accounting, or Business Administration with primary focus in Accounting or Finance and equivalent experience.

Professional Work Experience
  • 10+ years progressive cost accounting experience with medical device manufacturing
  • Demonstrated history of success and progression
  • Hands‐on experience with building solution(s) appropriate for a start‐up medical device/biotech company transitioning from clinical stage to early commercial development phase
  • Strong leadership and interpersonal skills, highly analytical, and possess the ability to interact with all levels of
    management

Qualifications and Skills
  • Strong working knowledge of the FDA Quality System Regulation and related international regulations.
  • Highly skilled in excel / database applications
  • Strong understanding of contract manufacturing or hybrid manufacturing operations

Other Essentials and Key Success Factors:
  • Successful track record of working in high‐growth and dynamic organizations.
  • Demonstrated record of intellectual curiosity, innovation and creative problem solving with an
    entrepreneurial spirit.
  • Ability to lead fast‐paced projects with a keen sense of urgency to get the job done well.
  • Evidence of "hands‐on" experience and expertise.
  • Proven and successful track record as a team‐player and collaborator in small working environments.
  • Highly organized and detail oriented with a passion to deliver quality results.
  • Excellent verbal and written communication skills, with experience translating technical concepts into
    user‐friendly documentation.
  • Highest levels of professionalism, confidence, personal values and ethical standards.

Travel
  • None

The description and requirements outlined above are general; additional requirements may apply.

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