West Pharmaceutical Services, Inc

Senior Cost Accountant

Exton, PA 19341In-Person
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting or Finance with relevant concentration or equivalent experience
  • 5+ years of experience in a manufacturing environment, preferably using SAP or similar ERP
  • Strong understanding of US GAAP and Sarbanes-Oxley compliance
  • Ability to analyze and summarize financial data for management recommendations
  • Active CPA license preferred

Responsibilities

  • Manage standard costing activities including new material costing and annual cost rollouts
  • Support monthly and quarterly financial close processes including invoice accruals and cost allocations
  • Perform financial analysis and review variances at month end
  • Reconcile inventory balances and ensure proper reserves are recorded
  • Provide variance commentary and insights to FP&A and leadership
  • Drive standardization of cost accounting across multiple plants
  • Support internal and external audits while assisting other business functions as required

Benefits

  • Hybrid working model with a minimum of 3 days onsite per week
  • Encouragement of community involvement through volunteer programs
  • Continuing education opportunities with training and tuition assistance
  • Global career opportunities for international exposure
  • Inclusive workplace culture prioritizing diversity and collaboration
Full Job Description
This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week.

No relocation is provided for this opportunity.

Job Summary

The Senior Cost Accountant is responsible for ensuring the accuracy and integrity of product costing, inventory valuation, manufacturing cost analysis, and related financial reporting within a manufacturing environment. This role coordinates with Operations, Supply Chain, Commercial, FP&A, and Finance teams to support business decision-making, maintain strong financial controls, drive process improvements, and ensure compliance with corporate policies and US GAAP.

Essential Duties and Responsibilities

  • Manage standard costing activities, including new material costing, annual standard cost rollout processes, and maintenance of accurate product costs.
  • Support monthly and quarterly financial close processes through parked invoice accruals, Open PO reviews, cost allocations, intercompany recharges and capitalization of variances.
  • Perform financial analysis at month end including review of Purchase Price Variance (PPV), Production variance, scrap, labor cost and other expenses in the income statement.
  • Reconcile inventory balances at month end including inventory balance at third party warehouse and in transit.
  • Ensure inventory reserves and write-offs are recorded and approved as per Corporate policies.
  • Analyze plant financial results and provide meaningful variance commentary and insights to FP&A and business leadership.
  • Support inventory control processes including ABC classification, annual stock count and cycle counts
  • Ensure compliance of SOX controls, US GAAP and Corporate accounting policies
  • Drive standardization of cost accounting process across multiple plants
  • Support UAT testing for manufacturing processes migrating to S4 HANA.
  • Support Continuous process improvement initiatives and Power BI solutions
  • Coordinate with Commercial, Supply Chain, and Operations teams to support budgeted costing requests, demand planning reviews, and business initiatives.
  • Coordinate with supply chain, process engineers, warehouse managers and FP&A at plant
  • Support internal, external, and statutory audits.
  • Support and assist other functions within the business as required
  • Other duties as assigned


Education

  • Bachelor's Degree in Accounting or Business with concentration in Accounting/Finance or equivalent experience.


Work Experience

  • 5+ years of experience in a manufacturing environment using SAP or other ERP


Preferred Knowledge, Skills and Abilities

  • Strong understanding of US GAAP and Sarbanes-Oxley 404
  • Experience with SAP required and HFM preferred
  • Strong knowledge of and ability to learn and apply technical accounting concepts in accordance with US GAAP and internal controls over financial reporting
  • Strong analytical skills and ability to summarize conclusions and make recommendations to management
  • Unquestioned integrity, moral character, ethics and values - one whom an organization can trust without reservation
  • Ability to effectively prioritize and escalate issues


License and Certifications

  • Finance and Accounting\Certified Public Accountant (CPA) active CPA license preferred


Additional Requirements

  • Position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. May need to stand or sit for extended periods of time
  • While performing the duties of this job, the employee is regularly required to talk or hear.
  • Use written and oral communication skills
  • Read and interpret data, information and documents
  • Must maintain the ability to work well with others in a variety of situations
  • Must be able to multi-task, work under time constraints, problem solve, and prioritize
  • Ability to make independent and sound judgments
  • Observe and interpret situations, analyze and solve problems
  • Must be able to work scheduled work week, plus overtime and/or irregular hours as required to complete assignments #LI-JJ1 #LI-HYBRID


Travel Requirements

5%: Up to 13 business days per year

Physical Requirements

Sedentary-Exerting up to 10lbs/4kgs of force occasionally, and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

What We Offer

This is a hybrid position requiring the team member to be onsite a minimum of 3 days per week
Community Involvement: West encourages volunteerism through its West without Borders initiative and other charitable programs that make a difference in local communities.
Continuous Learning & Development: Opportunities for professional growth through training programs, tuition assistance, leadership development, and skill-certification initiatives.
Global Career Opportunities: With facilities across North America, Europe, and Asia-Pacific, employees have opportunities for international exposure and cross-functional collaboration.
Inclusive & Collaborative Culture: A global workforce that values diversity, equity, and inclusion-where all voices are heard and respected in a supportive environment.

About West Pharmaceutical Services, Inc

West Pharmaceutical Services, Inc. is a leading manufacturer of packaging components and delivery systems for injectable drugs and healthcare products. Working by the side of its customers from concept to patient, West creates products that promote the efficiency, reliability and safety of the world's pharmaceutical drug supply. West is headquartered in Exton, Pennsylvania, and supports its customers from locations in North and South America, Europe, Asia and Australia. West's 2019 net sales of $1.84 billion reflect the daily use of approximately 112 million of its components and devices, which are designed to improve the delivery of healthcare to patients around the world.
Learn more about West Pharmaceutical Services, Inc
Size
10,065 employees
Market Cap
$17.5 billion
Industry
Net Income
$346.2 million
Founded
1923
5 Year Trend
+13.4%
Revenue
$2.1 billion
NASDAQ

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