Inventory & Cost Accounting Manager

Employment Type: Full-time

Position Overview

iRhythm is shaping a future where everyone, everywhere can access the best possible cardiac health solutions. Every day, we collaborate, create, and constantly reimagine what’s possible. We think big and move fast, driven by our commitment to put patients first and improve lives. We need builders like you. Curious and innovative problem solvers looking for the chance to meaningfully shape the future of cardiac health, our company, and your career.

iRhythm is currently seeking an experienced Inventory & Cost Accounting Manager. This position will oversee and steward the Cost Accounting processes, including ownership of inventory transactions and understanding of cost-related performance measures as they relate to cost of revenue. Additionally, this position will provide research and oversight of inventory transactions and collaborate with cross-functional teams to transition and improve processes. Our work environment is fast-paced, with a collaborative atmosphere. We are passionate about delivering innovations that improve the quality of health care and the patient experience.

Responsibilities

• Be a subject matter expert in the manufacturing process from raw material to finished goods and cost of sales.
• Perform analytics throughout the month on cost of sales, absorption, PPV, and other metrics to ensure timing and accuracy of standards and gross margins.
• Maintain the integrity and accuracy of product cost data; assist with close activities as needed.
• Collaborate with cross-functional teams to analyze cost accounting data and provide insights to drive business decisions.
• Lead a matrixed team of accountants in a global organization. Delegate process improvement projects, documentation, ad-hoc analysis, and support them in close by reviewing and approving month-end close journal entries.
• Ensure compliance with the Company's policies, internal controls, procedures, and regulatory requirements (administer/maintenance of protected health information).
• Establish inventory policies and processes and continuously improve inventory management practices.
• Assist cost accounting and manufacturing teams in setting up manufacturing bill of materials (BOMs) and routings.
• Assist supply chain in material master setup of purchased parts.
• Identify tasks and deliverables for implementation and assist in the creation, coordination, and execution of those tasks.
• In collaboration with the broader Cost Accounting/Operations FP&A team, establish KPIs and timelines as well as cadence for ongoing communications to stakeholders.
• Coordinate and create training for other finance, accounting, manufacturing, and procurement teams as necessary.
• Lead the annual standards setting process – provide supply chain, manufacturing, and engineering update support and cost roll-ups to support the Annual Operating Plan (AOP). Set standard costs in the ERP system.
• Maintain updates to materials via MasterControl requests and update materials in QAD/ERP system accordingly.
• Assist FP&A with product cost-related information and modeling for forecast refreshes.
• Assist in audit and ad-hoc cost accounting requests.

Project Related – ERP Implementation Responsibilities:

• Provide data conversion (gathering, cleansing, etc.) and testing support.
• Assess current financial policies, procedures, and systems.
• Assist Sr. Manager to create the workflow to be used with the new ERP system.

Minimum Requirements

• Bachelor's Degree in Accounting, Finance, or a related field.
• 8+ years of accounting or finance experience.
• 5+ years of cost accounting experience preferred.
• Advanced knowledge of Excel (e.g., P...

Company Information

At iRhythm, you’ll have the opportunity to grow your skills and your career while impacting the lives of people around the world. We are looking for like-minded individuals to join our team today!