Senior Accountant Job Vacancy in Vericel Cambridge, MA 02139 – Updated today

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Company Name : Vericel
Location : Cambridge, MA 02139
Position :

Job Description : Vericel, a leader in advanced therapies for the sports medicine and severe burn care markets, has an exciting new opportunity for a high performing Finance and Accounting professional looking to join and contribute to a high growth Biotech/Medtech company with multiple Cell Therapy products on the market as well as a strong balance sheet. Reporting directly into the Assistant Controller at Vericel, this individual will also have direct exposure to the Finance leadership team and collaborate with various functional leaders at Vericel. This is a great opportunity to join an exciting and fast growing $2 Billion+ market cap life sciences company with a strong institutional shareholder base.The Senior Accountant will be responsible for execution of cost accounting functions, reporting of actual results to management, and assisting in the fiscal planning and forecasting of consolidated COGS accounts. The Senior Accountant will also be responsible for other areas in the close process including overseeing fixed assets.ESSENTIAL FUNCTIONSAnalyze current cost accounting processes including inventory management, mapping processes and provide recommendations for future process changesAnalyze inventory transactions to ensure that all are appropriately recorded in sub-ledgers and general ledger. Includes the monthly recording of inventory reserve adjustments.Complete account analyses and monthly balance sheet reconciliations for areas of responsibilityContribute to monthly corporate forecasting and annual budgeting with emphasis on gross margin and working capital requirementsManage inventory accuracy at offsite warehouse locations storing finished goods and raw materialsMaintain standard costs across all inventory itemsOversee inventory variance accounting, including purchase price variances, manufacturing variances and revaluation to ensure accurate accounting of such variancesIntegrate with the Manufacturing and Supply Chain teams and establish yourself as a valued business partnerPrepare related audit schedules and other requests from internal/external auditors and partnersEducate management on the inventory processResponsible for the timely and accurate completion of month end close tasks including journal entries and account reconciliationsDrive continuous process improvement in the inventory and cogs areasRecommend and assist in the implementation of process improvements including automation within the ERP and other tools where possible, to simplify, standardize and streamline processesOversee SOX controls in inventoryFixed asset management including reviewing depreciation, additions, etc.Ad hoc projects as neededQUALIFICATIONS, EDUCATION AND EXPERIENCELeadership Qualifications:An ongoing commitment to conducting our global business according to the highest legal and ethical standards, and to continually pursue excellence in the development and delivery of all of our products and services. This includes:Respecting the laws and operating within the applicable regulations of the places in which we conduct business, as well as our own Company policies and procedures.Being honest and treating people with respect and courtesy.Constantly striving to make Vericel a great place to work, and a company respected for the quality of its people and products.Acting as role models for our fellow employees by acting responsibly, fairly, and honestly in our dealings and exercising sound judgment in performing our jobs.Basic Qualifications:4-5+ years of experience; CPA preferredBachelor’s degree in accounting requiredBig 4 or large regional accounting firm experience preferred2+ years Public company experienceManufacturing experience, preferably in Life sciences/Biotech/MedtechExperience with Excel, PowerPoint and WordStrong willingness to be into the details and learn how transactions flow through the ERPStrong written and verbal communication skillsJob Type: Full-time

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