Cost Accounting Manager
Exelixis
Summary
The Cost & Collaboration Accounting Manager will have responsibility for providing managerial level accounting support for the Company's transactions related to cost and inventory accounting, Chemistry, Manufacturing, and Controls (CMC) R&D related costs and accruals, as well as provide managerial level accounting support for the Company's in-licensing collaboration agreements. This position will interface daily with Pharmaceutical Supply Chain (PSC), FP&A, Alliance Management and the G/L and technical accounting teams to ensure complete and accurate financial reporting.
Job description
Summary/Job Purpose
The Cost & Collaboration Accounting Manager will have responsibility for providing managerial level accounting support for the Company's transactions related to cost and inventory accounting, Chemistry, Manufacturing, and Controls (CMC) R&D related costs and accruals, as well as provide managerial level accounting support for the Company's in-licensing collaboration agreements. This position will interface daily with Pharmaceutical Supply Chain (PSC), FP&A, Alliance Management and the G/L and technical accounting teams to ensure complete and accurate financial reporting.
Essential Duties/Responsibilities
- Actively participate in the monthly, quarterly, and year-end close process, which includes review or preparation of journal entries, review of balance sheet reconciliations and analysis of balance sheet and income statement, specifically focused on inventory, COGS, in-licensing collaboration accounts, and/or the monthly CMC R&D accruals.
- Perform cost accounting activities including developing and analyzing standard costs, excess & obsolete reserves, scrap analysis, inventory variance reviews, book to perpetual and analysis and reporting of inventory and COGS.
- Review and analysis of the reconciled general ledger accounts on a monthly basis including book to perpetual inventory, inventory reserves, in-licensing collaboration accruals, and/or CMC R&D accruals.
- Perform balance sheet and income statement flux analysis with detailed commentary for management reporting, related to cost and inventory accounting, and/or CMC R&D accruals.
- Collaborate with PSC, FP&A, and other cross-functional departments to ensure completeness and accuracy of COGS, inventory balances, and/or CMC R&D accruals.
- Drive process improvements in the accounting and reporting of inventory, COGS and in-licensing collaborations, and/or CMC R&D accruals.
- Support Accounting Operations or other projects and initiatives.
- Responsible for accounting systems or accounting processes.
- Oversee external audit requests and PBC items for the quarterly and year-end audits.
- Oversee Cost, Inventory, Collaboration, and/or CMC R&D accrual SOX related activities and ensure SOX compliance.
- Provide training to new and existing staff.
- Promote a culture of continuous improvement and operational innovation and regularly interact with business owners and senior level management.
- Performs other duties as assigned
- Complies with all policies and standards
Supervisory Responsibilities
No supervisory responsibilities
Education/Experience/Knowledge/Skills & Abilities
Education
- BS/BA degree in related discipline and 7 years related experience; or,
- MS/MA degree in related discipline and 5 years related experience; or,
- Equivalent combination of education and experience.
- CPA or CPA candidate preferred.
Experience
- Experience in Auditing, Accounting or Cost Accounting.
- Experience with one of 4 major accounting firms is preferred.
- Experience in the pharmaceutical and biotech industries is preferred.
Knowledge, Skills and Abilities
Required:
- General knowledge of accounting/finance principles and theory.
- Proficient in Microsoft Office suite applications.
- Strong analytical and business communication skills.
- Strong attention to details and ability to work on multiple projects under tight deadlines.
- Ability to interact cooperatively and work as a team.
- Demonstrated success in problem solving.
Preferred:
- SAP software proficiency - highly preferred.
Travel Requirements
0% This position does not require travel.
Environmental Requirements
Primarily working indoors in an office environment.
Requirements
- BS/BA degree in related discipline and 7 years related experience; or, MS/MA degree in related discipline and 5 years related experience; or, equivalent combination of education and experience.
- Experience in Auditing, Accounting or Cost Accounting.
- General knowledge of accounting/finance principles and theory.
- Proficient in Microsoft Office suite applications.
- Strong analytical and business communication skills.
- Strong attention to details and ability to work on multiple projects under tight deadlines.
- Ability to interact cooperatively and work as a team.
- Demonstrated success in problem solving.
- CPA or CPA candidate preferred.
- Experience with one of 4 major accounting firms is preferred.
- Experience in the pharmaceutical and biotech industries is preferred.
- SAP software proficiency - highly preferred.
Benefits
- 401(k) Matching
- Medical, Dental & Vision
- Life & Disability Insurance
- Flexible Spending Accounts
- Discretionary Annual Bonus
- Company Stock Purchase
- Long-Term Incentives
- 15 Vacation Days
- 17 Paid Holidays
- Up to 10 Sick Days
Company overview
Exelixis, Inc. is an oncology-focused biotechnology company headquartered in Alameda, California, that specializes in the discovery, development, and commercialization of innovative cancer treatments. Founded in 1994, the company has evolved into a multi-platform cancer organization with a proven track record in the challenging biotech sector. Exelixis is best known for its flagship molecule cabozantinib, an inhibitor of multiple tyrosine kinases including MET, AXL, VEGF receptors, and RET, which has led to several approved drugs for difficult-to-treat cancers. The company's portfolio includes four approved drugs, with two derived from cabozantinib, and it maintains a robust pipeline of next-generation cancer treatments. With approximately 1,500 employees across five continents, Exelixis operates as a publicly traded company (NASDAQ: EXEL) and has established strategic alliances with major pharmaceutical and biotechnology partners. The company's mission centers on transforming science into new treatments that give cancer patients and their families hope for the future, with every employee united in this ambitious cause.