Manager, Cost Accounting

Company: Sorrento Therapeutics Inc.
Location: San Diego
Posted on: April 8, 2021

Job Description:

Sorrento Therapeutics Inc. is a fast growing, clinical stage, antibody-centric, biopharmaceutical company developing new therapies to turn malignant cancers into manageable and possibly curable diseases. Sorrento's multimodal multipronged approach to fighting cancer is made possible by its' extensive immuno-oncology platforms, including key assets such as fully human antibodies ("G-MAB--- library"), clinical stage immuno-cellular therapies ("CAR-T"), intracellular targeting antibodies ("iTAbs"), antibody-drug conjugates ("ADC"), and clinical stage oncolytic virus ("Sephrevir--"). We attract smart people who play well with others. We're small enough for your ideas to make a big impact, and large enough to offer you opportunities to grow professionally at any stage of your career. If you're a quick learner, enjoy working in the biotech industry, and share our mission of providing ground-breaking impact to medicine, each other, and our patients, Sorrento Therapeutics is the place for you! WHAT WE ARE LOOKING FOR: Sorrento Therapeutics ("Sorrento") is seeking an experienced Manager, Cost Accounting who will support the company in production costing of launched and pipeline commercial products, lab services and R&D Materials. The position will also support strategic decision making on pricing, manufacturing, and supply chain for existing and pipeline products. WHAT YOU'LL DO: The Company is preparing for large scale manufacturing needs. A successful candidate will work cross-functionally to understand the various costs associated with manufacturing the multiple product candidates in the pipeline. This is an exciting opportunity to design, develop, and implement a suite of best practice cost accounting processes and procedures which will be utilized through the commercialization of several product candidates. As products are brought to market, responsibilities will include:

• Prepare actual vs. plan (budget) analysis. Prepare various financial analysis related to manufacturing costs, inventory, and expense information as needed for decision making support.
• Set up new raw material, packaging, WIP, and FG items; create and maintain production BOMs; maintain periodic cost rolls/updates.
• Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costs.
• Develop and maintain costing models for provision of lab services.
• Records cost information for use in controlling expenditures.
• Prepare estimates of new and proposed product or services costs.
• Recommends cost efficiencies in new product layouts.
• Develop and maintain standard costs of finished goods and production components in NetSuite.
• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation.
• Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, production and work order processing.
• Assist in developing and documenting policies and procedures, including system requirements and internal controls.
• Represent Finance/Accounting on teams designed to improve operations, reduce costs, etc. EDUCATION AND QUALIFICATIONS:
  • Bachelor's Degree in Accounting or related field required
  • 7+ years' experience in general accounting or cost accounting
  • Familiarity with the biotech/pharmaceutical industry is strongly preferred
  • Prior experience with NetSuite is a plus YOUR REWARD:
    • Support scientists who are on the leading edge of immunotherapies for the treatment of cancer.--
    • Earn a competitive salary that allows you to focus your attention on your passion.
    • A comprehensive benefits package including: medical, dental, vision, life and disability insurance, matching 401k, company paid holidays, and Flexible PTO, plus stock options. If this sounds like the right career to fit your personality and interests, please apply, we're looking forward to meeting you!-- Principals only. Recruiters, please don't contact this job poster.-- Sorrento Therapeutics, Inc. is an Equal Opportunity Employer

Keywords: Sorrento Therapeutics Inc., San Diego , Manager, Cost Accounting, Executive , San Diego, California