Principal Cost and Inventory Accountant

JR-044512 Overview: We are seeking a detail-oriented Senior Cost & Inventory Accountant to join our dynamic finance team atRevvity'sLafayette operations. This critical role offers the opportunity to drive financial excellence across our innovativeDharmaconInc. and BIOO business units while partnering with cross-functional teams tooptimizemanufacturing operations.This is a hybrid role based at our Lafayette site. As a key member of our accounting organization,you'lltake ownership of complex inventory accounting processes, manage global royalty operations, and serve as a trusted financial advisor to our manufacturing teams. This position is ideal for an experienced accounting professional looking to make a meaningful impact in the life sciences industry while advancing their career with a leading global company. Role Overview: As the Senior Cost Accountant, you will take full ownership of all inventory accounting operations under ASC 330 for both theDharmaconInc. and BIOO business units, ensuring financial accuracy and operational excellence. This role includes managing local ledger entries, product BOM standard costing, variance analysis,Cycle Counts,and Excess & Obsolescence tracking management.You'lldelivertimely, precise financial data whileleadingrobust inventory controls. Beyond technical accountingexpertise,you'llchampion cross-functional collaboration and continuous process improvement, delivering strategic financial analysis that supports the success of Lafayette operations. You'llalso oversee our global supplier royalty program: calculating,validating, andinitiatingpayments forDharmaconand BIOO sales worldwide ensuring compliance and strong vendor partnerships. As a trusted finance business partner to Manufacturing Operations,you'llprovide critical financial oversight and actionable insights that drive performance(Actual, AOP, Forecast), efficiency, and data-informed decision-making across our manufacturing networkon key indicators such as HC, OPEX, CAPEX, and Spending Job Responsibilities: Core Inventory Accounting - Account for inventory under ASC 330 for two businesseslocatedin Lafayette, Colorado - Oversee comprehensive inventory accounting,including scrap management, cycle count coordination, and reserve calculations for Lafayette manufacturing operations - Interact and work with the operations teams in Lafayette, Colorado - Interact with controlling teams in the UK and Poland for posting entries - Manage relationships with external service providers supporting inventory accounting functions, including review and oversight of outsourced work Monthly Operations & Analysis - For both businesses: - Propose month-end adjustments by product line based on operations inventory stock reports - Perform sophisticated journal entries and detailed general ledger account analysis to supportaccuratefinancial reporting - Reconcile inventory and related accountson a monthly basis, leading process improvements for GL to subledger reconciliations - Perform/manage cycle count process - Maintainthe LIM systems;purchasingand sale of inventory items and interaction with D365 and SAP systems - Calculate and propose inventory reserve amounts - Monitormovements between inventory (raw material, work in process, and finished goods) - Review monthly costs, including manufacturingexpenseand other costs, variances,etc. - Conduct monthly variance analysis of process orders, material manufacturing variances, scrap, absorption, and spending patterns - Perform and assess the annual standard cost updates - Plan/budget labor overhead rates and other burden rates for manufacturing - Coordination of monthly inventory close activities with the sites - Execute month-end close accounting and reporting requirements, operating expenses controlling & compliance, variance analysis & commentary, and presenting on financial performance, staffi g, and key financial metrics regularly Cross-Functional - Partner with Supply Chain, Operations, Quality Operations, and Planning teams to ensureaccurateinventory valuation and reporting across Lafayette operations - Lead accounting controls functions and reporting requirements for inventory reserves, pre-approval manufacturing processes, and standard costing systems - Support the development of new systems, processes, and reports - Support the Controller with special projects and workflow process improvements - Serve as finance and business partner for Operations, and provide financial oversight for HR, IT, EH&S, Engineering, Spare Parts, New Products, and Capital Lead capital projects, Make-vs-Buy analysis, and strategic sourcing, driving cost savings and operational efficiencies - Identifyinsourcing/outsourcing opportunities and conduct value analysis to enhance financial performance - Monitorbusiness risks & opportunities,providingproactive financial insights tooptimizeperformance Budget & Cost Management - Manage site-specific accruals and coordinate with budget owners on Lafayette operations - Lead departmental budget processes (AOP/Budget, Actuals, and Forecast), including monthly reviews with plant management - Analyze and track cost improvement projects, providing monthly updates - CAPEX, OPEX, Overhead Spend, Headcount, KPIs planning and monitoring (AOP/Budget, Actuals, and Forecast) for Lafayette site operations - Lead responsibility for the Site's Operational P&L | Cash Flow | Balance Sheet budgets,forecastsplan in close cooperation with the SLT for spending (FP&A), standard cost, headcount,programsavings, and capital spending - Execute financial planning cycles, including budgetingandforecasting, for global operations (CAPEX / OPEX / HC / COGM / COGS) - Conduct financial analysis for cost improvement initiatives and strategic investment decisions - Compliance & Controls: Ensure compliance with internal controls and Sarbanes-Oxley (SOX) requirements Reporting & Analysis: - Prepare balance sheet reconciliations with variance commentary comparingthecurrent month totheprior year - Consolidateand analyze inventory balances by product line within Lafayette operations - Support preparation of Plan, Actual,andForecastnumbers, analysis of variances,along with commentary of its contributors for site reporting - Ownership, calculation, and payment initiation of supplier royalties due on sales made by theDharmaconand BIOO businesses worldwide Financial Planning and Analysis ("FP&A") support for the BIOO business - Participatein FP&A forecastLead the annual operating plan ("AOP"), inventory planning,and execution (updating forecast each month).Prepare quarterly financial forecasts for inventory-related balances Basic Qualifications: - Bachelor's degree in accounting, finance,or a related field AND - Minimum of 5 years of progressiveinventory,cost accounting experiences,AND - 1-2 years of experience in financial planning& analysis. Preferred Qualifications: - Appropriate accounting qualification (CMA,CPA). - Prior public accounting experience. - PreviousexperienceofMicrosoft Dynamics D365 and/or SAP. - Experienceoperatingin a SOX environment.Strong Excel and accounting systems skills - A desire to improve processes and drive efficiency. - Sound knowledgeof accounting principles, standards,and regulations. - Strong verbal and written communication skills. - Ability to multi-task, work under pressure,and meet deadlinesrequired. The base salary range for this full-time position is $100,000.00 - $120,000.00. This range reflects the minimum and maximum target for a new hire in this position. The base pay actually offered to the successful candidate will take into account internal equity, work location, and additional factors, including job-related skills, experience, and relevant educ