Accounting manager - Standard Costing

Servier Pharmaceuticals - Boston, MA

Full-time - Mid Level

Boston, MA

Professional, Scientific, and Technical Services

About the position

Servier Pharmaceuticals is seeking a driven Accounting Manager to manage accurate and timely reporting of Standard Cost. This role will report into the Assistant Controller and entails partnering with External Manufacturing, FP&A, Procurement, and Accounts Payable. An ideal candidate can work in a fast-paced environment, prioritize, work independently, juggle many tasks, and be enthusiastic about problem-solving and process improvement. This person will play a key role in establishing and documenting internal controls, leading process improvement projects, acquisitions, and product launches. As a people leader, fostering and developing talent, creating growth opportunities, and fostering a positive work environment are essential components of your role. In this position, you will lead month-end close activities for standard cost, including preparation and posting of journal entries into NetSuite and input into Hyperion Financial Management systems. You will prepare and maintain monthly account reconciliations for all standard cost activities, review and record intercompany transactions related to capitalization and standard cost, and collaborate with External Manufacturing to ensure standard cost policy and procedures are aligned. Additionally, you will manage general ledger accounting activities to ensure timely and accurate reporting, including consolidations, intercompany accounting, chart of accounts maintenance, journal entries, reconciliations, and supporting schedules. You will also act as a trusted advisor on standard cost transactions within NetSuite, support the annual standard cost update, and ensure costs are updated in NetSuite. Your responsibilities will include leading operational and system improvement projects, making recommendations to improve internal accounting controls and procedures, and establishing and maintaining documentation and SOPs for current and future policies and procedures. You will be a key contributor in the interim financial audit, year-end financial audit, and internal audit, coordinating year-end discussions with key stakeholders on standard cost.

Responsibilities

• Lead month end close activities for standard cost including preparation and posting of journal entries into NetSuite and input into Hyperion Financial Management systems
• Prepare and maintain monthly account reconciliations for all standard cost activities
• Review and record intercompany transactions related to capitalization / standard cost
• Collaborate with External Manufacturing to ensure standard cost policy and procedures are aligned
• Review and ensure accuracy for intercompany sales transactions
• Partner cross-functionally within Servier entities, locally and globally, for all Intercompany transactions, ad hoc requests, and general information
• Manage general ledger accounting activities to ensure timely and accurate reporting, including consolidations, intercompany accounting, chart of accounts maintenance, journal entries, reconciliations and supporting schedules
• Act as a trusted advisor on standard cost transactions within NetSuite
• Support the annual standard cost update and ensure costs are updated in NetSuite
• Set up and maintenance of Standard cost, Item master, and Bill of Material in NetSuite
• Utilize NetSuite reports to confirm accuracy and completeness of standard cost variances
• Lead operational and system improvement projects and tasks
• Make recommendations to improve our system of internal accounting controls and procedures
• Establish and maintain documentation and SOPs for current and future policies and procedures
• Cross train colleagues on policies and procedures related to SOPs owned by this role
• Key contributor in the interim financial audit, year-end financial audit, and internal audit
• Coordinate year-end discussion with key stakeholders on standard cost

Requirements

• BS degree in Accounting, Finance or other related field
• 5+ years' experience in an accounting role or relevant work experience, preferably with 5 years of standard cost experience
• Standard costing experience required
• NetSuite experience strongly preferred, SAP/D4 experience a plus
• Proficient with MS Office, Advanced Excel experience desired (e.g., macros, v-lookups & pivot tables)
• Strong Analytical skills - ability to extract data from systems and organize into reports; understands accounting data/structure within a system
• Ability to define problems, collect data, establish facts, and draw valid conclusions
• Attention to Detail, Confidentiality, Coordination, Thoroughness, Quality Focus, Objectivity, Prioritizing, Organized, Self-Starter, Performance Oriented
• Enjoy working in a Global Company
• Excellent interpersonal, communication and presentation skills
• Act with integrity, initiative, transparency, and sound judgment to reinforce trust, professionalism, and commitments
• Foster clear, consistent, and open collaboration across a variety of stakeholders
• Identify and pursue new ideas and constructive change
• Support the issue escalation process at the operational level and ensure timely escalation to senior leadership
• Able to analyse data, draw conclusions, interpret results, and make recommendations
• Experience navigating ERP systems and system implementations experience a plus

Nice-to-haves

• Experience with SAP/D4
• Experience navigating ERP systems and system implementations