The Senior Cost Accountant provides accurate, timely cost accounting and analysis to support manufacturing operations and business decision-making in a medical device environment. The role is responsible for standard costing, inventory valuation, variance analysis, and cost controls, leveraging SAP to ensure data integrity, compliance, and operational efficiency. Responsibilities include monthly close support, year-end audit support, and business partnering.

Core Responsibilities

1. Support monthly cost accounting close: inventory valuation reporting, journal entries, and reconciliations.
2. Maintain standard costs for raw materials, WIP, and finished goods in SAP.
3. Analyze and communicate manufacturing variances (PPV, labor/overhead absorption, scrap) and partner with operations on corrective actions.
4. Review and recommend improvements to BOM and routing accuracy; collaborate cross-functionally on ECN-related cost impacts (Engineering Change Notice).
5. Assist with cost rolls, annual standard cost updates, and revaluation as part of budgeting and standard setting.
6. Identify opportunities for process improvement and automation within SAP cost accounting and reporting workflows.
7. Provide required documentation and analysis to support internal and external audits.
8. Serve as a backup SME for SAP Costing and related areas (Manufacturing/Materials Management).
9. Partner with department leaders to understand cost drivers and variances and support operational goals.

Minimum Requirements

Required

• Bachelor's degree in Accounting, Finance, or related field
• 5+ years of accounting experience, including 1+ year in cost accounting within a manufacturing environment
• Strong working knowledge of standard costing, absorption costing, and inventory accounting, including relevant G/L and financial accounting concepts in a standard cost environment
• Hands-on SAP experience (preferred): CO (Production Orders), CK (Material Costing), KP (Activity Costs), and MM (Materials Management)
• Advanced Excel skills (pivot tables, lookups, and data analytics)
• Experience in a regulated industry (medical devices or similar)
• Strong analytical, problem-solving, and communication skills
• Knowledge of GAAP

Work Model: Hybrid - 3 days per week in office

If you're energized by turning financial complexity into strategic clarity-and want your work to matter-this role offers both impact and growth.

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Eligible Employee Benefits

• Medical / Dental / Vision including a state-of-the-art wellness program and pet insurance, too!
• 3 weeks vacation, 11 holidays plus paid sick time
• Up to 8 weeks of 100% paid company parental leave; includes maternal/ paternal leave, adoption, and fostering of a child.
• 401(k) retirement savings plan providing a match of 60% of the employee's first 6% contribution (up to IRS limits)
• Section 125 Flexible Spending Accounts
• Life, STD, LTD & LTC Insurance
• We prepay your tuition up to $5,250 per year! - Tuition pre-imbursement
• Fitness reimbursement of up to $200 annually
• And much more!

KARL STORZ reserves the right to change or modify the employee's job description whether orally or in writing, at any time during the employment relationship. Additionally, KARL STORZ, through its supervisors, may require an employee to perform duties outside their normal description within the sole discretion of the supervisor. Employees must comply will all applicable KARL STORZ policies and procedures.

Credentialing requirements at KARL STORZ

KARL STORZ is committed to maintaining a safe work environment for our employees and customers. Most field-based roles at KARL STORZ require hospital credentialing/health screens as a condition of employment. Credentialing can include required vaccinations, health screens & other requirements as outlined by our customers. During the interview process, we encourage you to ask how credentialing/health screens may impact the role you are seeking and if you require any reasonable accommodations regarding these requirements.

Pay Transparency

The pay range and/or hourly pay rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job posting and may be modified in the future. When determining a specific team member's base salary and/or hourly pay rate, several factors will be considered including such things as location, specialty, service line, years of relevant experience, education, professional credentials, internal equity, and the amount budgeted for the role.

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