Senior Manager/Associate Director, Cost Accounting

Location
Working from home
Posted
Apr 10, 2021
Required Education
Bachelors Degree
Position Type
Full time
BridgeBio finds, develops, and delivers breakthrough medicines for genetic diseases. The company bridges remarkable advancements in genetic science with the entrepreneurial engine required to rapidly create lifesaving medicines for patients with unmet needs. Founded in 2015 by a team of industry veterans, the company has built a portfolio of 20 transformative drugs ranging from pre-clinical to late-stage development in multiple therapeutic areas including genetic dermatology, oncology, cardiology, neurology, endocrinology, renal disease, and ophthalmology. The company’s focus on scientific excellence and rapid execution aims to translate today’s discoveries into tomorrow’s medicines. We have offices in San Francisco, Palo Alto, Boston, New York, and Raleigh, with small satellites in other parts of the country.

To learn more, visit us at https://bridgebio.com

Who You Are:

Our new Senior Manager/Associate Director of Cost Accounting will be responsible for monthly and quarterly accounting for inventory and cost of goods sold. This position will report to the Director of Revenue who reports to the Chief Accounting Officer.

Responsibilities:
  • Prepare month/quarter closing journal entries, general ledger reconciliations, and variance analyses for inventory and cost of goods.
  • Translate technical cost accounting literature, requirements, and policy into clear requirements for execution
  • Develop, maintain, and update standard costing methodology for all raw materials, WIP, and finished goods processes
  • Perform excess & obsolescence reserve analyses and coordinate with Manufacturing/Sales on sales forecasts
  • Work closely with the supply chain and FP&A commercial team to understand production schedules, contracts, inventory movements, and other supply chain matters in order to ensure inventory is fairly stated and classification is accurate
  • Internal accounting lead/liaison for the ERP implementation of inventory and supply chain modules
  • Review current product costing methodology and process and identify improvement opportunities
  • Provide support for the quarterly and annual financial reporting and disclosures related to inventory and cost of goods sold
  • Prepare or update technical accounting memo for inventory cost methodology
  • Perform lower cost or market analyses
  • Maintain and develop improvements for SOX controls related to costing and inventory
  • Oversee and perform, if necessary, annual physical inventory count
  • Manage accounts receivable for collaboration partner agreements, such as upfront fees, milestones, and royalties, including journal entries, billing, and collection
  • Collaborate with FP&A & R&D Accounting team on collaboration partner-related expense reimbursements, including review of the activity, journal entries, billing, and collection
  • Collaborate with FP&A & R&D Accounting team on other costs of product sales items for R&D license agreements and provide accounting guidance for the classification.  
  • Prepare for and participate in external reviews and audits
  • Assist with the day-to-day accounting activities where needed
  • Work on special projects as required


Education, Experience & Skills Requirements:
  • BS/BA in Accounting/Finance and 7+ years of relevant accounting experience, including 5+ years of experience in a pharma cost accounting role
  • Currently operating at a manager level or above
  • Thorough understanding of standard cost accounting principles including capitalization of variances, E&O reserves, and experience with standard cost analysis
  • Excellent computer skills including advanced MS Excel (e.g. Pivot Tables, V-LookUps, data merges, filters, and if statements) and MS Word experience
  • Strong communication skills, ability to present financial information in a meaningful understandable way
  • Self-motivated and ability to work independently and collaboratively and strong organizational skills are essential


What We Offer:
  • Patient Days, where we are fortunate enough to learn more about the lives we are looking to impact and a real exchange of ideas as to how we can improve our efforts
  • A culture inspired by our values: put patients first; think independently, be radically transparent; every minute counts, and let the science speak
  • Learning and development training to help employees be the best version of themselves
  • Collaborative business environment
  • Excellent compensation package (Base, Performance Bonus, Stock, RSU programs)
  • Excellent benefits package
  • Flexible PTO
  • With office locations in San Francisco, Boston, New York, and Raleigh, there are ample cross-collaboration opportunities with other BridgeBio Pharma programs
  • A fast-paced, data-driven, work environment with world-class R&D minds and capabilities
  • Work with the most productive groups of R&D operators in the industry
  • Partnerships with leading institutions
  • A platform for meaningful scientific contributions to shine
  • Commitment to Diversity & Inclusion – with initiatives like Women at Bridge, we are committed to fostering an inclusive environment where every person feels respected for who they are, empowered to contribute, inspired to lead, and supported in their efforts to do so


We will not accept unsolicited resumes from agencies. Please do not send agency resumes to our website or BridgeBio and affiliating employees.