Senior Cost Accountant

Position Location US-CA-Rancho Santa Margarita






Applied Medical is a new generation medical device company with a proven business model and commitment to innovation that has fueled our rapid business growth and expansion. Applied Medical has been developing and manufacturing advanced surgical technologies for nearly 30 years, and has earned a strong reputation in healthcare.  Our dedication to delivering the highest quality products and unique business positioning, provides our team members with the unique ability to contribute in a larger capacity than is possible in typical recruiting positions.

Position Description

As a Senior Cost Accountant, you will be responsible for working within the framework of a team and performing the following activities:

  • Manage the monthly, quarterly, and annual financial closing process for the costing and inventory modules and ensure accuracy of various system and manually generated transactions/entries
  • Prepare and review various inventory and cost accounting entries and account reconciliations
  • Provide fluctuation analysis explanations for various components of worldwide gross margins for both domestic operations and foreign subsidiaries
  • Review manufacturing variances and work with operations teams to reduce these variances
  • Provide accurate and timely inventory and costing reports to the operations teams in order to support the company’s continuous improvement approach
  • Analyze standard costs and review the standard cost roll-ups for new products and new production operations and investigate/resolve large variances prior to finalization of rolling standards
  • Work with operations teams to analyze inventory for potential excess and obsolete reserves and make related entries in accordance with the company’s policies
  • Interact with internal/external auditors and provide various analysis and audit schedules and work to ensure compliance with all internal control procedures
  • Provide ongoing performance monitoring through the creation of annual reviews

Position Requirements

This position requires the following skills and attributes:

  • 4 year degree in Accounting or Finance (with emphasis in Accounting)
  • Minimum 3-5 years of experience using a “standard cost” model in the manufacturing industry
  • Comprehensive understanding of manufacturing variances, overhead absorption and standard cost
  • Detailed experience with inventory and COGS accounts reconciliations and related accounting
  • Experience with month-end closing and working in a fast paced environment
  • Excellent computer skills including advanced MS Excel (e.g. pivot tables, V-Loop ups, data merges, filters, and if statements) and MS Word experience
  • Excellent written and verbal communication skills and ability to communicate with a variety of other functional areas including operations, material planning and warehouse teams
  • Also experience with inventory cycle count process


The following skills and attributes are preferred:

  • Strong preference for those experience with SAP software


  • Training and mentorship with ongoing learning and development courses
  • On-campus wellness activities
  • Comprehensive medical and dental and vision coverage
  • Education reimbursement program
  • 401(k) program with discretionary employer match
  • Generous vacation accrual and paid holiday schedule


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