Senior Cost Accountant
Job Description
Company Overview
Join us for an enriching journey with Outset, a trailblazing medical device company that is revolutionizing the field of dialysis. Our focus is to create one high performing team, obsessed with progress, in an atmosphere that is brimming with transformative opportunities. The heart of our mission is pioneering a groundbreaking technology that redefines the landscape of dialysis, streamlining complexity and cost, because patients deserve “better” now, not some day. Â
At Outset we’re revolutionizing an industry and changing lives. We’re impacting what the future of dialysis looks like by creating a first-of-its-kind technology in order to reduce the cost and complexity of dialysis. FDA cleared for use across care settings, from the hospital to the clinic to the home, the Tablo® Hemodialysis System harnesses modern technology for a new holistic approach to dialysis care. We’re giving providers time back to focus on patient care. And we’re giving patients the power to take control of their life and get back to enjoying the things they love.
Position OverviewÂ
The Senior Cost Accountant plays a critical role in ensuring that we deliver timely, relevant cost and financial information to key stakeholders, including business partners, external and internal auditors. This position also ensures that we have sufficient internal controls to assure that our financial results are to a high standard and meet all GAAP requirements.
The successful candidate will be able to build and maintain strong relationships with business partners to deliver guidance and to provide the financial perspective to operations. We’re looking for someone who will embrace the challenges and opportunities of joining a fast-growing, public company.
Further, this position is responsible for identifying and driving process improvements that will drive scale, improve financial accuracy, and drive business understanding. This is a unique finance opportunity to join a team when the business is early in its lifecycle with the ability to gain broad visibility to the operations business aspects of Outset.
Essential Job Functions and ResponsibilitiesÂ
- Monitor PPV on a bi-weekly basis and work with the buyers on any unusual PPV activities.
- Processes the closing of production orders for multiple locations.
- Assists in periodic cycle count programs and year-end physical inventory.
- Reconciles inventory for multiple locations.
- Reviews and analyzes margins and manufacturing variances for multiple locations.
- Support for excess and obsolete inventory reserve analysis.
- Responsible for recurring and non-recurring journal entries and accruals.
- Conducts account analysis and account reconciliations.
- Work with the buyers for their commentary to reset Standard Cost.
- Performs periodic Cost Rolls and review of Direct Labor & OH Rates.
- Business partner with the service team to understand the service inventory movements and warranty related activities.
- Co-ordinate with finance team to ensure timely update and submission of the monthly management package.
- Assists in the preparation of schedules for our external auditors during annual audit.
Required QualificationsÂ
- Bachelor’s degree in finance, Economics, Accounting, or related experience.
- Minimum 8-10 years of experience in Cost Accounting
- Experience working with engineering and manufacturing on development and analysis of cost standards.
- Detailed knowledge of US GAAP principles
- Highly proficient in Excel & Powerpoint.
- Experience with large ERP systems like QAD, SAP.
- Willingness to travel as needed.
- High performance standards with high ethical values and confidentiality.
Desired Qualifications Â
- Professional certification CPA or CMA is preferred.
- Passion for excellence and continuous improvement.
- Organization skills, Strong interpersonal, written, and oral communication skills.
- Strong problem-solving skills, highly analytical with attention to detail.
- Highly motivated, flexible, and able to work in a dynamic environment.
- Spanish
San Jose Area Salary Range $127,000.00 - $171,000.00
Remote (National) Salary Range $100,000.00 - $136,000.00
Company Culture
At Outset, we believe every person matters. Every Outsetter, every patient, every caregiver. Because we are here to create a revolution, and we believe in doing that by innovating everywhere with intelligent speed. Our team expects nothing less than our best display of strengths and skills, and we find joy in working together for a common goal. At Outset, we believe that curiosity, ingenuity and conviction in the power of technology will transform the lives of dialysis patients and providers.Â
And this doesn’t happen by accident. It starts with our live onboarding program, Bold Beginnings, which serves as an incubator for cross-functional team-building, an immersion in Outset’s history, jam-packed interactive sessions with executive leadership and a crash-course in the mission and purpose of what we do. It continues with our one-of-a-kind management program designed to build the best managers in the industry. In SPARK!, people managers across functions come together to master three pivotal conversations: 1) the priority conversation, 2) the performance conversation, and 3) the growth conversation. They do this in an environment that challenges, supports, and broadens mindsets.Â
We are fueled by the opportunity to give people their lives back. And we believe that it begins with YOU, our future Outsetter. At Outset, we’ve designed a professional world that our employees are honored and impassioned to belong to, one that offers challenge, the ability to collaborate with great people, and opportunities to build skill and expertise in a fulfilling career.Â
An opportunity at Outset Medical won’t just be about finding a job. Our culture revolves around the principles of moving farther, faster, together, so working here feels like a masterclass in peak performance, for individuals and teams.Â
Benefits offeredÂ
Outset also offers the following benefits, in order to allow you to find a happy work life/blend and live a holistic life:Â
- Medical Â
- DentalÂ
- VisionÂ
- EAP/Mental HealthÂ
- Life Insurance/AD&DÂ
- Short/Long Term DisabilityÂ
- FSA (Dependent & Healthcare)Â
- HSA w/ Employer contributionÂ
- Commuter BenefitsÂ
- 401K w/ company matchÂ
- ESPP – Including Cashless ParticipationÂ
- Fertility benefitsÂ
- Wellness initiativesÂ
- Legal AssistanceÂ
- Pet insuranceÂ
- Financial Advisement & WellbeingÂ
- Tuition ReimbursementÂ
- Student Loan PaybackÂ
- Employee discountsÂ
- Professional Development/LearningÂ
- Collaboration Days (lunch onsite)Â
- Happy Hours/KaraokeÂ
- PTO/Sick timeÂ
- Holidays + Volunteer DayÂ
Privacy is important to us. Please review our Applicant Privacy Notice.Â
EQUAL EMPLOYMENT OPPORTUNITY STATEMENTÂ
Outset Medical is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind on the basis of race, color, national origin, religion, gender, gender identity, sexual orientation, disability, genetic information, pregnancy, age, or any other protected status set forth in federal, state, or local laws. This policy applies to all employment practices within our organization.Â
Date Posted
03/05/2024
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