Cost Accountant

Masimo - Irvine, CA (30+ days ago)3.4

Masimo (NASDAQ: MASI) headquartered in Irvine, California, is a fast-growing and award-winning international medical technology and device company with operations spanning the globe. We develop innovative, noninvasive monitoring technologies that save, extend and improve the lives of people of all ages, in all walks of life. These revolutionary technologies are helping to solve "unsolvable" problems that have plagued the healthcare industry, while taking the pain and discomfort out of blood monitoring. For more than 25 years, innovation has been and will continue to be our passion.

To learn more about us, please visit:

Job Summary

The Cost Accountant / Analyst is responsible for providing analytical and technical assistance in preparing financial statements, with a strong emphasis on cost accounting, consisting of labor analysis, journal entries, account reconciliations, standard cost updates, coordination of physical inventories and cycle counts, inventory and intercompany reconciliations and the auditing inventory and manufacturing controls.

Duties & Responsibilities

Responsibility for Company’s cost accounting and related month end close processes;
Provide timely preparation, interpretation, and analysis of product costs, manufacturing variances & other cost of goods sold;
Maintain product standard costs; analyze variances for labor, overhead, materials, purchase price variance, and other cost of goods sold;
Provide various inventory reports and analysis
Audit inventory controls for cycle counts and physical inventories; analyze results to monitor variances;
Work with the Company’s auditors during annual audit, quarterly reviews, and SOX testing;
Utilize the company’s ERP/Accounting System software to analyze cost of goods sold;
Participate in teams to improve and streamline Operations’ cost activities;
Performs other duties or special projects as assigned or requested;
Minimum Qualifications

One to three years of Cost Accounting experience in a high tech, high volume manufacturing environment;
Ability to be a team member and adept in building and leading teams;
Ability to effectively interface with Manufacturing, Quality Assurance, and Research & Development;
Must be a self-starter, a “hands-on” individual who enjoys a challenge and is dedicated to getting the job done with minimal support and direction;
Experience in working in both large structured and small entrepreneurial organizations; Sensitive to the constraints of a small- to mid-size, high growth operation and capable of working effectively in such an environment; Must have flexibility in reacting to new situations and adaptability for working in a new environment;
Solid Excel skills are required as well as a proficiency in standard job costing and variance analysis;
Excellent attention to detail, effective verbal and written communication skills and the ability to manage multiple projects;
Preferred Qualifications

Experience with intercompany profit and inventory;
Experience in medical product or lot controlled environment;
Extensive knowledge of ERP systems and ability to create and run system queries for data validation and analysis purposes;
Prior experience in implementing and testing transactions for new ERP systems;


Bachelor's degree in Business Administration, Finance, or Accounting (or equivalent training and experience) is required. MBA or CPA is preferred.

Physical requirements/Work Environment

This position primarily works in an office environment. It requires frequent sitting, standing and walking. Daily use of a computer and other computing and digital devices is required. May stand for extended periods when facilitating meetings or walking in the facilities. Some local travel is necessary, so the ability to operate a motor vehicle and maintain a valid Driver’s license is required.

The physical demands of the position described herein are essential functions of the job and employees must be able to successfully perform these tasks for extended periods. Reasonable accommodations may be made for those individuals with real or perceived disabilities to perform the essential functions of the job described.

We are proud to offer if eligible a highly competitive compensation plan with an excellent benefits package including three weeks vacation, stock options, 401k match, medical, dental, vision plans and much more!

Masimo is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state or local law.

***NO AGENCIES PLEASE*** Thank you!