Inventory & Cost Accounting Manager
Career-defining. Life-changing.
At iRhythm, you’ll have the opportunity to grow your skills and your career while impacting the lives of people around the world. iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. Every day, we collaborate, create, and constantly reimagine what’s possible. We think big and move fast, driven by our commitment to put patients first and improve lives. We need builders like you. Curious and innovative problem solvers looking for the chance to meaningfully shape the future of cardiac health, our company, and your career
About This Role:
iRhythm is currently seeking an experienced Inventory & Cost Accounting Manager. The responsibilities of this position will include the oversite and stewardship of the Cost Accounting processes, inclusive of ownership of inventory transactions and understanding of cost-related performance measures as it relates to cost of revenue. Additionally, this position will provide research and oversight of inventory transactions and collaborate with cross-functional teams to transition and improve processes. Our work environment is fast-paced, with a collaborative atmosphere. Most of all, we are passionate about delivering innovations that improve the quality of health care and the patient experience. We are looking for like-minded individuals to join our team today!
Specific job responsibilities include:
Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales
Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins.
Maintain the integrity and accuracy of product cost data; assist with close activities as needed
Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions.
Lead matrixed team of accountants in a global organization. You will delegate process improvement projects, documentation, adhoc analysis, and support them in close by reviewing and approving month end close journal entries.
Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information)
Establish inventory policies and processes and continuously improve inventory management practices
Assist cost accounting and manufacturing team in setup of manufacturing bill of materials (BOMs) and routings. Additionally, assists supply chain in material master setup of purchased parts.
Identifies tasks and deliverables for implementation and assists in the creation, coordination, and execution of those tasks.
In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders.
Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary.
Lead annual standards setting process – supply chain, manufacturing, and engineering update support and cost roll ups to support Annual Operating Plan (AOP). Set standard costs in ERP system.
Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly.
Assist FP&A with product cost related information and modeling for forecast refreshes.
Assist in audit and ad-hoc cost accounting requests
Project Related – ERP Implementation responsibilities include:
Provide data conversion (gathering, cleansing, etc.) and testing support.
Assess current financial policies, procedures, and systems. From that, assist Sr Manager to create the workflow to be used with the new ERP system.
Minimum Requirements:
Bachelor's Degree in Accounting, Finance, or a related field
8+ years of accounting or finance experience, 5+ years of cost accounting experience preferred
Advanced knowledge of Excel (e.g., Pivot Tables, V-Lookup, data merges, filters, etc.)
Experience in Sarbanes-Oxley-compliant environment
Strong understanding and proficiency in U.S. GAAP
Willingness to work flexible or extended hours during month end close to support an international team of accountants based in the Philippines.
Experience with tight deadlines and responsibility for accuracy and timeliness for work performed or reviewed
Experience managing and leading a team.
High attention to detail, excellent organizational skills, and the ability to work on multiple projects
Excellent oral and written communication skills, and proven ability to work with limited supervision
Exhibits advanced wide-ranging experience, using in depth professional knowledge, acumen, concepts and company objectives to develop, resolve complex models and procedures. Provides solutions to issues in creative and effective ways. Understands the interrelationships of different disciplines. Directs the application of existing principles and guides development of new policies and ideas.
Understands and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors. Determines methods and procedures on new assignments. Exercises judgment in selecting methods, evaluating, adapting of complex techniques and evaluation criteria for obtaining results. Work is reviewed upon completion and is consistent with departmental objectives.
Networks with key contacts outside own area of expertise. Adapts style and uses persuasion in delivering messages that relate to the wider firm business.
Frequently advises others on complex matters. May be accountable through team for delivery of tactical business targets.
Preferred Qualifications:
Knowledge of multinational ERP is required; SAP and/or QAD is a plus
Previous experience in ERP implementations or related project management experience
Experience in a fast-paced, team-oriented, matrixed organization
Excellent interpersonal skills and the ability to deal effectively with a variety of personnel, both internally and externally
An eagerness to learn and take on challenges in a rapidly-growing and dynamic environment; must be a team player
Strategic thinking with an emphasis on relationship management and communication at all levels within an organization
Location:
Remote - US
Actual compensation may vary depending on job-related factors including knowledge, skills, experience, and work location.
Estimated Pay Range
$112,000.00 - $145,000.00
As a part of our core values, we ensure an inclusive workforce. We welcome and celebrate people of all backgrounds, experiences, skills, and perspectives. iRhythm Technologies, Inc. is an Equal Opportunity Employer. We will consider for employment all qualified applicants with arrest and conviction records in accordance with all applicable laws.
iRhythm provides reasonable accommodations for qualified individuals with disabilities in job application procedures, including those who may have any difficulty using our online system. If you need such an accommodation, you may contact us at taops@irhythmtech.com
About iRhythm Technologies iRhythm is a leading digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.
Make iRhythm your path forward. Zio, the heart monitor that changed the game.
There have been instances where individuals not associated with iRhythm have impersonated iRhythm employees pretending to be involved in the iRhythm recruiting process, or created postings for positions that do not exist. Please note that all open positions will always be shown here on the iRhythm Careers page, and all communications regarding the application, interview and hiring process will come from a @irhythmtech.com email address. Please check any communications to be sure they come directly from @irhythmtech.com email address. If you believe you have been the victim of an imposter or want to confirm that the person you are communicating with is legitimate, please contact taops@irhythmtech.com. Written offers of employment will be extended in a formal offer letter from an @irhythmtech.com email address ONLY.
For more information, see https://www.ftc.gov/business-guidance/blog/2023/01/taking-ploy-out-employment-scams and https://www.ic3.gov/Media/Y2020/PSA200121
About the job
Apply for this position
Inventory & Cost Accounting Manager
Career-defining. Life-changing.
At iRhythm, you’ll have the opportunity to grow your skills and your career while impacting the lives of people around the world. iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. Every day, we collaborate, create, and constantly reimagine what’s possible. We think big and move fast, driven by our commitment to put patients first and improve lives. We need builders like you. Curious and innovative problem solvers looking for the chance to meaningfully shape the future of cardiac health, our company, and your career
About This Role:
iRhythm is currently seeking an experienced Inventory & Cost Accounting Manager. The responsibilities of this position will include the oversite and stewardship of the Cost Accounting processes, inclusive of ownership of inventory transactions and understanding of cost-related performance measures as it relates to cost of revenue. Additionally, this position will provide research and oversight of inventory transactions and collaborate with cross-functional teams to transition and improve processes. Our work environment is fast-paced, with a collaborative atmosphere. Most of all, we are passionate about delivering innovations that improve the quality of health care and the patient experience. We are looking for like-minded individuals to join our team today!
Specific job responsibilities include:
Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales
Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins.
Maintain the integrity and accuracy of product cost data; assist with close activities as needed
Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions.
Lead matrixed team of accountants in a global organization. You will delegate process improvement projects, documentation, adhoc analysis, and support them in close by reviewing and approving month end close journal entries.
Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information)
Establish inventory policies and processes and continuously improve inventory management practices
Assist cost accounting and manufacturing team in setup of manufacturing bill of materials (BOMs) and routings. Additionally, assists supply chain in material master setup of purchased parts.
Identifies tasks and deliverables for implementation and assists in the creation, coordination, and execution of those tasks.
In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders.
Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary.
Lead annual standards setting process – supply chain, manufacturing, and engineering update support and cost roll ups to support Annual Operating Plan (AOP). Set standard costs in ERP system.
Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly.
Assist FP&A with product cost related information and modeling for forecast refreshes.
Assist in audit and ad-hoc cost accounting requests
Project Related – ERP Implementation responsibilities include:
Provide data conversion (gathering, cleansing, etc.) and testing support.
Assess current financial policies, procedures, and systems. From that, assist Sr Manager to create the workflow to be used with the new ERP system.
Minimum Requirements:
Bachelor's Degree in Accounting, Finance, or a related field
8+ years of accounting or finance experience, 5+ years of cost accounting experience preferred
Advanced knowledge of Excel (e.g., Pivot Tables, V-Lookup, data merges, filters, etc.)
Experience in Sarbanes-Oxley-compliant environment
Strong understanding and proficiency in U.S. GAAP
Willingness to work flexible or extended hours during month end close to support an international team of accountants based in the Philippines.
Experience with tight deadlines and responsibility for accuracy and timeliness for work performed or reviewed
Experience managing and leading a team.
High attention to detail, excellent organizational skills, and the ability to work on multiple projects
Excellent oral and written communication skills, and proven ability to work with limited supervision
Exhibits advanced wide-ranging experience, using in depth professional knowledge, acumen, concepts and company objectives to develop, resolve complex models and procedures. Provides solutions to issues in creative and effective ways. Understands the interrelationships of different disciplines. Directs the application of existing principles and guides development of new policies and ideas.
Understands and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors. Determines methods and procedures on new assignments. Exercises judgment in selecting methods, evaluating, adapting of complex techniques and evaluation criteria for obtaining results. Work is reviewed upon completion and is consistent with departmental objectives.
Networks with key contacts outside own area of expertise. Adapts style and uses persuasion in delivering messages that relate to the wider firm business.
Frequently advises others on complex matters. May be accountable through team for delivery of tactical business targets.
Preferred Qualifications:
Knowledge of multinational ERP is required; SAP and/or QAD is a plus
Previous experience in ERP implementations or related project management experience
Experience in a fast-paced, team-oriented, matrixed organization
Excellent interpersonal skills and the ability to deal effectively with a variety of personnel, both internally and externally
An eagerness to learn and take on challenges in a rapidly-growing and dynamic environment; must be a team player
Strategic thinking with an emphasis on relationship management and communication at all levels within an organization
Location:
Remote - US
Actual compensation may vary depending on job-related factors including knowledge, skills, experience, and work location.
Estimated Pay Range
$112,000.00 - $145,000.00
As a part of our core values, we ensure an inclusive workforce. We welcome and celebrate people of all backgrounds, experiences, skills, and perspectives. iRhythm Technologies, Inc. is an Equal Opportunity Employer. We will consider for employment all qualified applicants with arrest and conviction records in accordance with all applicable laws.
iRhythm provides reasonable accommodations for qualified individuals with disabilities in job application procedures, including those who may have any difficulty using our online system. If you need such an accommodation, you may contact us at taops@irhythmtech.com
About iRhythm Technologies iRhythm is a leading digital healthcare company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.
Make iRhythm your path forward. Zio, the heart monitor that changed the game.
There have been instances where individuals not associated with iRhythm have impersonated iRhythm employees pretending to be involved in the iRhythm recruiting process, or created postings for positions that do not exist. Please note that all open positions will always be shown here on the iRhythm Careers page, and all communications regarding the application, interview and hiring process will come from a @irhythmtech.com email address. Please check any communications to be sure they come directly from @irhythmtech.com email address. If you believe you have been the victim of an imposter or want to confirm that the person you are communicating with is legitimate, please contact taops@irhythmtech.com. Written offers of employment will be extended in a formal offer letter from an @irhythmtech.com email address ONLY.
For more information, see https://www.ftc.gov/business-guidance/blog/2023/01/taking-ploy-out-employment-scams and https://www.ic3.gov/Media/Y2020/PSA200121