Position Summary:
The Finance Operations Director reports to the Senior Director, Accounting, and serves as the business partner to our VP of Operations and the entire Operations P&L. This hands-on role is responsible for product costing, inventory valuation, variance analysis, and audit support. The ideal candidate has strong manufacturing/production experience and can transform complex operational data into actionable financial insights that drive decision-making across the organization.
Duties & Responsibilities:
-
Analyze manufacturing costs and prepare periodic reports comparing standard costs to actual production costs.
-
Monitor and report on inventory valuation, variances, and margins with monthly/quarterly analysis.
-
Partner with operations, supply chain, and production teams to understand cost drivers and improve efficiency.
-
Maintain cost accounting systems supporting COGS determination, inventory valuation, and product line performance.
-
Manage inventory master data, product costs, and periodic standard cost rolls.
-
Calculate burden rates and establish expense budgets for manufacturing and service departments.
-
Lead monthly, quarterly, and annual COGS forecasting, budgeting, and long-range planning.
-
Support periodic financial planning cycles (budget and forecast) for Operations.
-
Provide meaningful financial commentary and insights to management on a regular basis.
-
Deliver costing data to support strategic decisions including product development and upgrades.
-
Classify excess & obsolete inventory and maintain adequate reserves.
-
Plan, coordinate, and lead periodic physical inventory counts.
-
Reconcile inventory and related reserve accounts with supporting analysis.
-
Serve as liaison between Accounting, Finance, Sales Administration, and Operations.
-
Develop, document, and monitor cost accounting policies and procedures.
-
Manage month-end and year-end close processes including journal entries for E&O reserves, field depreciation, inventory capitalization/impairment, and related accounts.
-
Support internal and external audits with inventory documentation and process walkthroughs.
-
Participate as key contributor in ERP system upgrades and implementations.
-
Other duties as needed or required.
Minimum Requirements & Qualifications:
- Bachelor's degree in Accounting or Finance (MBA preferred, CPA preferred)
-
7+ years of cost accounting experience in a manufacturing environment.
-
5+ years in manufacturing, preferably medical devices.
-
Prior experience as cost accounting manager at a company with $50M+ annual revenue.
-
Strong U.S. GAAP knowledge and technical accounting skills.
-
Deep understanding of manufacturing business processes (purchasing, production, inventory control, distribution).
-
Experience establishing and maintaining cost accounting systems, procedures, and controls.
-
Expert-level Excel skills; experience with ERP systems (SAP and Hyperion strongly preferred).
-
Proven analytical and problem-solving abilities with strong attention to detail.
-
Ability to manage multiple projects simultaneously in a fast-paced environment.
