Moderna Therapeutics - Marlborough, MA
posted 3 months ago
This role is an exciting opportunity to be a critical part of the Finance team supporting a high-growth organization that is radically changing the biotech industry. The INT Plant Controller will join a collaborative Finance team supporting our global CMC organization, which includes manufacturing operations, supply chain management, and facilities for our brand new Individualized Neoantigen Therapy (INT) site in Marlborough, MA. Responsibilities will focus on areas of inventory, standard costing, and cost of goods. We work collaboratively as a team, strive boldly for excellence, remain constantly curious and committed to ongoing learning and improvement, and are relentless in our pursuit of the best talent in the industry. This role reports to our CMC Controller and is based in Marlborough, MA, with a work arrangement that includes 70% on-site presence and up to 30% flexibility to work from home. In this position, you will oversee financial reporting and analysis for the manufacturing plant, including partnering around budgeting, forecasting, and variance analysis. You will implement our current policies and procedures into our brand-new Marlborough INT Facility and work alongside the project team as a key contributor in the launch of the INT site. Your role will involve providing guidance to operational teams through the validation and execution during the Process Performance Qualification (PPQ) phase, maintaining standard costs for all raw materials, WIP, semi-finished, and finished goods processes, and ensuring accuracy and efficiency in our cost accounting systems. You will also review current product costing methodology and process, identifying improvement opportunities, and maintain a standard cost system to ensure the accuracy of inventory valuation. Monitoring transactions and processes including inventory movement, scrap, cycle counts, and cost of goods will be essential to ensure compliance with corporate policies. Additionally, you will assist in month-end closing, prepare journal entries for inventory and cost of goods, and prepare general ledger reconciliations for all inventory and cost of goods accounts. Coordination with Supply Chain Management and Manufacturing departments will be necessary to discuss and resolve issues in areas such as production, purchasing, accounts payable, receiving, and shipping. Your analytical skills will be put to use as you prepare and verify product costs in support of all cost-based pricing contracts, intercompany transfer pricing, and shipping valuations. You will analyze and report purchasing and manufacturing variances, calculate Excess & Obsolescence reserves, and develop and maintain SOX controls related to costing and inventory. Overseeing annual physical inventory and preparing for internal and external reviews and audits will also be part of your responsibilities. Finally, you will support in the preparation of annual budgets and short-term forecasts, contributing strategically to financial planning and forecasting, while assisting with day-to-day accounting activities and special projects as required.