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Senior Cost Accountant

Company: Ultragenyx Pharmaceutical
Location: Novato
Posted on: November 25, 2022

Job Description:

At Ultragenyx, we fundamentally believe that taking real impactful action to care for the needs of patients and our people is always the right thing to do. -To achieve this goal, our vision is to lead the future of rare disease medicine. For us, this means going where other biopharma companies won't go - challenging the status quo and creating a new model that advances our field so more patients and caregivers can benefit from life-changing treatments. We do this by following the science, applying a novel rapid development approach, making innovative medicines at fair and reasonable prices, and creating a collaborative ecosystem to reach patients in ways that are most meaningful for them. - Our commitment and care for patients extends to our people, so culture is an essential cornerstone for Ultragenyx. We remain continuously focused on creating a supportive and inclusive environment of profound learning and growth - so employees can thrive in all areas of their lives, in and outside of work. -Ultimately, we want to be an organization where we would be proud for our family, friends and children to work. If you want to have a meaningful impact, do the best work of your career, and grow a lot, both professionally and -personally, come join our team . During the COVID-19 pandemic, we are committed to the health and safety of our employees and prospective employees, which means at this time our interview processes may include virtual discussions, interviews, and onboarding. Please note that compliance with local regulations and safety protocols is a condition of employment at Ultragenyx. Elements of safety protocols may include, but are not limited to: work from home requirements, regular or symptom-based covid testing, providing valid evidence of vaccination, mask wearing, and physical distancing. US based roles: Full vaccination against COVID-19 is a condition of employment at Ultragenyx. This requirement applies to almost all roles at Ultragenyx based in the U.S., with very limited exceptions. If you are unable to receive a COVID-19 vaccine due to a disability, serious medical condition, or because it would violate your sincerely held religious belief, you will have an opportunity to request a reasonable accommodation. - Roles based outside the US: If the role requires travel to the US or another country that requires evidence of covid vaccination for entry, candidates and employees will be required follow the local regulations and corporate policy regarding vaccination evidence submission. Position Summary: ultracurious - Apply your biggest ideas in courageous ways Our accounting team is looking for an experienced Senior Cost Accountant report to the Associate Director, Cost Accounting. You will maintain global inventory costing for our commercial products using ERP system. -You will also prepare accounting and analysis for clinical and pre-clinical stage products values. This position will work closely with Manufacturing, Supply Chain, and Quality group to track inventory movements and cost. Work Model: This is a Flex role, which will typically require onsite work 2-3 days each week, or more depending on business needs. In many locations, the business will set certain days each week that Flex employees are required to be onsite Responsibilities:

  • Maintain global inventory valuation by running inventory sub-ledger costing process (Oracle OPM).
  • Review and update item cost by closely working with Supply Chain and Technical Operations department
  • Analyze department expense data and prepare overhead capitalization to the cost of production.
  • Monitor overhead absorption rate and production schedule to adjust overhead application as necessary
  • Prepare cost adjustments and journal entries to ensure accurate costing.
  • Prepare inter-company inventory transaction journal entries.
  • Perform inventory account reconciliations.
  • Analyzes inventory risk for obsolescence and maintain accounting of inventory reserves
  • Perform/coordinate physical inventory count at the multiple CMO and 3PL sites
  • Prepare monthly and ad-hoc reports related to inventory and costing
  • Accrue period-end expense for the Technical Operations and CMC Quality departments
  • Perform/coordinate physical inventory count at the multiple CMO and 3PL sites.
  • Work with 3rd Party VAT providers to properly record and reconcile VAT transactions related to inventory and operating expense
  • Participate in ad hoc projects, as requiredRequirements:
    • Bachelor's degree in business, finance, accounting or related field.
    • Five+ years of progressive cost accounting experience or accounting experience with a strong knowledge of various methodologies for costing.
    • Pharmaceutical industry experience preferred
    • Experience with the large ERP system (Oracle/SAP)
    • Familiarity with internal controls and audit background - #LI-YG1 Full Time employees across the globe enjoy a range of benefits, including, but not limited to: - Generous vacation time and public holidays observed by the company - Long term incentive and Employee stock purchase plans or equivalent offerings - Fitness reimbursement * Benefits vary by region and country Ultragenyx Pharmaceutical is an equal opportunity employer & prohibits unlawful discrimination based on race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, disability, marital and veteran status. Reasonable accommodation will be provided for qualified individuals with disabilities and for qualified disabled veterans in job application procedures, as required by applicable law. If you have any difficulty using our online application system and need an accommodation due to a disability, you may contact -Talent Acquisition -by calling: -(415) 483-8800 -or by -emailing -us at -talentacquisition@ultragenyx.com . For electronic email and mail inquiries, please include a description of your requested accommodation, your name and contact information. Note to External Recruiters : All candidate activity and open positions are managed strictly through our Human Resources Department. Our Human Resources Department kindly requests that recruiters not contact employees/hiring managers directly in an attempt to solicit business and present candidates. Please note that failure to comply with this request will be a factor in determining a professional relationship with our organization. Submission of unsolicited resumes prior to an agreement set in place between the Human Resources Department and the recruiting agency will not create any implied obligation. Inquiries on developing a recruiting relationship with us, may be directed to : -talentacquisition@ultragenyx.com .

Keywords: Ultragenyx Pharmaceutical, Novato , Senior Cost Accountant, Accounting, Auditing , Novato, California

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