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Cost Accountant II

Date: Nov 30, 2018

Location: Horsham, Pennsylvania, US, 19044

Company: Teva Pharmaceutical Industries Ltd.

Company Info

Teva is a global pharmaceutical leader and the world’s largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide.  Our employees are at the core of our success, with colleagues in over 80 countries delivering the world’s largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we’ve built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation.  This is how we improve health and enable people to live better, healthier lives.  Join us on our journey of growth!

Job Description

Monitor day to day reporting of plant transactions:

  • Review transactions related to creation of products (i.e. receipts, scrap, transfers, production batches, cost variances, obsolescence and cost of sales) to ensure sub ledger accuracy.
  • Maintain subledger account set up to ensure transactions are posted timely and accurately.

Work closely with Plant Controllers to analyze obsolescence by creating reports and attending monthly meetings discussing plant activities.

Responsible for the following activities during month end close process:

  • Create and maintain schedules for at risk inventory and obsolescence inventory at the plant level on a monthly basis.
  • Responsible for importing specific plant cost subledgers and inventory reconciliation to GL. Also reconcile other related balance sheet accounts for specific plants.
  • Perform allocations based on finished good receipts monthly for mass cost changes as well as LOH apportionment review.
  • Review and reconcile inventory at the plant level related to R&D activities as well as Manufacturing activities.
  • Monitor inventory at outside mfgr’s to ensure transactions are completed accurately and inventory is reconciled.
  • Create plant level schedules regarding sku level details of required inventory and COGS information for the Plant Controllers.
  • Reconcile on hand and in transit inventory reports to GL monthly.
  • Reconcile uninvoiced inventory monthly for all products received in distribution facilities.
  • Submit completed reconciliations using online tools monthly.
  • Create inventory and COGS flux analysis for specific plants monthly.

Build and analyze standards in multiple ERP systems. Build cost comparison reports and explain YOY changes.

Maintain good relationship with stakeholders to ensure reports are shared timely and there is collaboration across countries and departments to solve issues quickly and accurately.

Other duties as assigned or as business needs require.

Qualifications

Bachelor’s degree in Accounting or Finance.

Bachelor’s degree in Accounting.

5+ year’s general accounting experience in a mid to large multi-national public company with a recent emphasis on Plant manufacturing.

3+ years cost accounting experience in a mid to large public company with an emphasis on plant manufacturing.

  • Oracle (11.5.10 or greater).
  • SAP/JDE Background preferred
  • Excel (2007 or higher) complex functions and formulas (pivot tables, lookup tables, graphs, importing and exporting). 

Access (2007 or higher) ability to manage large databases, create queries and forms.

  • Ability to read and interpret documents, such as operating instructions, standard accounting and corporate procedure manuals. 
  • Standard/Actual Costing
    Ability to present information clearly to management through written reports and correspondence as well as clear oral communication. 
  • Ability to communicate to others around the world whose second language is English.
  • The ability to calculate complex cost accounting formulas such as: inventory turns, net realizable value, gross margin, inter-company eliminations.
  • Ability to manipulate large databases.
  • Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
  • This position has regular contact with others requiring tact and courtesy to avoid friction.  
  • Ability to collaborate in a team environment.
  • There is full and complete access to important and extremely sensitive information regarding customer relations which requires high integrity to safeguard TEVA's position.
  • Ability to work overtime

Function

Finance

Sub Function

Accounting

Reports To

In process of validation

Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.


Nearest Major Market: Philadelphia