Sr Manager, Cost Accounting (Assistant Controller)

Advancing medicine to save lives. Together. 

Thanks to many decades of experience and our passion for what we do, we make an essential contribution to the global availability of biopharmaceuticals, especially for patients with rare and serious diseases.  

Rentschler Biopharma SE is a leading contract development and manufacturing organization (CDMO) focused exclusively on client projects. We offer customized full-service solutions for bioprocess development and the production of complex biopharmaceuticals. As a German family-owned company with an international footprint and global reach, we combine experts, expertise and years of experience to develop best-in-class solutions – together with our clients.

Rentschler Biopharma has approximately 1,400 employees and is headquartered in Laupheim, Germany, with a site in Milford, MA, USA. In 2024, we joined the United Nations Global Compact, underlining our commitment to sustainability.  

As an independent family-owned company, we live by the motto: Many hands, many minds - ONE TEAM! Open, respectful cooperation characterizes our working environment, where quality awareness, diligence and responsibility are our top priorities. With all the diversity of our talents in the Rentschler team, we pursue one vision together: advancing medicine to save lives. 

Duties and Responsibilities

• Oversee and manage all Cost Accounting activities including budgeting/forecasting of COGS, inventory management, time and material chargebacks, cost analysis, reporting and process/continuous improvement
• Prepare general month-end close journal entries as well as various balance sheet account reconciliations and review for accuracy as well as meet appropriate timelines
• Drive site activities regarding direct cost contributors to COGS including raw material utilization, scrap, and labor balance between manufacturing activities
• Develop and optimize financial systems to improve their effect on financial reporting
• Develop labor and overhead rates on a yearly basis
• Review inventory balances and manufacturing variances to ensure accuracy
• Collaborate with internal stakeholders to understand their reporting needs and deliver clear financial reports and KPI’s in a timely manner
• Support the financial planning process, budget, quarterly forecasts
• Perform financial analysis for special projects and provide recommendations
• Prepare reporting of risk and contingency to ensure transparency
• Lead, mentor, develop and evaluate performance of accounting staff by providing consistent and timely feedback while fostering a collaborative and efficient work environment
• Lead all financial-related audit activities as well as appropriately coordinate with both internal and external stakeholders
• Ensure department policies and procedures are compliant with current financial, legal and regulatory requirements
• Be an ambassador for the site’s leadership behaviors of accountability
• Additional responsibilities as the Company may also assign

Qualifications

• Bachelor’s degree in Finance or accounting
• 8+ years operational finance experience in a manufacturing operations
• 3+ years of management experience with demonstrated ability to develop and grow individuals and teams
• Strong background in Cost Accounting within a manufacturing environment; prefer life sciences
• Strong analytical skills with working knowledge of GAAP accounting principles
• Strong working knowledge of financial and non-financial metrics and product costing

Accounting Skills and Knowledge

• Advanced skills in Microsoft Office applications, particularly Excel (expert or near-expert skill level), Word and Power Point
• Advanced skills in usage of SAP ERP-System
• Firm knowledge of accounting principles and controlling methods
• Enterprise mindset to ensure the right prioritization for the site
• Excellent influencing/collaboration skills and teamwork mindset
• Identifying and communicating risks in area of responsibility and across the site
• Creating strategies and plans to manage risk within Finance

Working Conditions

• Office conditions

Physical Requirements

• In general, the position requires a combination of sedentary work and walking around observing conditions in the facility
• Physical and visual ability to use computer for extended periods of time