Cost Accounting Manager (hybrid)

BD - Canaan, CT

Full-time - Mid Level

Canaan, CT

Miscellaneous Manufacturing

About the position

We are the makers of possible. BD is one of the largest global medical technology companies in the world, and our purpose is to advance the world of health. This mission requires the imagination and passion of all our team members, from design and engineering to manufacturing and marketing of our billions of MedTech products each year. We believe that the human element across our global teams is what allows us to continually evolve. Join us and discover an environment where you will be supported to learn, grow, and become your best self. As a Cost Accounting Manager, you will report to the Plant Controller and be a key member of the onsite finance team, acting as a financial business partner at the plant. Your role will involve analyzing and interpreting financial performance, working closely with the Operations Finance Team on processes and analysis related to annual plant budgeting, quarterly forecasting, month-end closings, and other ad-hoc reporting. You will be directly involved in the creation, validation, analysis, and communication of financial and operational data related to cost improvements, CB2 preparation, and capital processes. In this position, you will provide financial analysis to the operations team to aid in decision-making, including continuous improvement project analysis, capital and CB2 development and analysis, new product cost development, and other ad-hoc reporting. You will support the Plant Controller and partner with the finance team to ensure that standard costs are accurate and meet the cost improvement objectives set by Operations. Additionally, you will assist in the development of three-year strategic plans, annual budget packages, and quarterly forecasts for the plant, validating production volumes, analyzing leverage, and ensuring productivity factors align with expectations. You will also work with Operations and Strategic Sourcing to minimize material inflation and conduct reviews to ensure staffing and overhead structures are appropriate. Your responsibilities will include assisting in the preparation of capital expenditure authorizations and capital spending analysis, supporting capital budgeting, forecasting, depreciation, and reporting requirements, and analyzing inventory levels to ensure they meet ISC/Operations targets. You will also support the Plant Controller in ensuring compliance with GAAP, legal/statutory, and BD internal accounting policies, and ensure timely and accurate financial performance reporting prepared by the COE. You will review annual physical inventory and/or cycle-count programs to ensure accuracy and prepare various operational metrics as required. Special projects may also be assigned as needed.

Responsibilities

• Provide financial analysis to the operations team to aid in decision making including continuous improvement project analysis, capital and CB2 development and analysis, new product cost development, and other ad-hoc reporting.
• Support the Plant Controller and partner with the finance team to develop and ensure standard costs are accurate and meet the cost improvement objectives set by Operations.
• Assist in the development of three-year strategic plans, annual budget package, and quarterly forecasts for the plant, including validating production volumes and analyzing leverage.
• Ensure productivity factors are in-line with expectations and work with Operations and Strategic Sourcing to minimize material inflation.
• Conduct reviews to ensure staffing and overhead structures are appropriate and ensure that manufacturing variances to standard and start-up costs are accurate.
• Assist in preparation of capital expenditure authorizations and capital spending analysis.
• Support capital budgeting, forecasting, depreciation, and reporting requirements.
• Assist with the analysis of inventory levels and days inventory on-hand (DIO) to ensure they meet ISC/Operations targets.
• Support the Plant Controller in ensuring the site meets compliance to GAAP, legal/statutory, and BD internal accounting policies.
• In partnership with the COE and Plant Controller, ensure timely and accurate financial performance reporting prepared by the COE.
• Review annual physical inventory and/or cycle-count program to ensure accuracy.
• Prepare and/or communicate various operational metrics as required.
• Engage in special projects as required.

Requirements

• Bachelor's degree required with a focus in Accounting or Finance preferred.
• Minimum of five (5) years' relevant experience in a manufacturing environment.
• SAP experience preferred.
• Proficiency in Microsoft Excel required.
• Strong analytical skills.
• Knowledge of capital budgeting preferred including IRR/NPV principles and product costing methodologies.
• Ability to work independently and in a team environment under pressure with tight deadlines and handle multiple, detail-oriented tasks.

Nice-to-haves

• Experience in financial performance reporting.
• Familiarity with GAAP and internal accounting policies.

Benefits

• A supportive work environment that encourages learning and growth.
• Opportunities for career advancement and professional development.
• A culture that values opinions and contributions of team members.