Revolution Medicines

Senior Manager, Global Inventory and Cost Accounting

Revolution Medicines$150K — $189K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance, preferably with biopharma experience.
  • 7+ years of relevant experience in standard costing with internal or outsourced manufacturing.
  • Proficiency in advanced Excel functions for financial and variance analysis.
  • Deep knowledge of ERP system functionalities linking operations to accounting processes.
  • Strong analytical skills with a keen attention to detail.
  • Excellent interpersonal skills for cross-functional collaboration across all organization levels.
  • Alignment with RevMed's core values: commitment to patients, transformative science, and inclusiveness.

Responsibilities

  • Prepare and analyze standard cost accounting records for inventory compliance.
  • Support standard costing for new product introductions in multiple markets.
  • Lead initiatives to improve the cost accounting model and identify cost-saving opportunities.
  • Ensure accurate inventory valuation and establish necessary reserves on the balance sheet.
  • Analyze inventory transactions and reconcile accounts against perpetual inventory records.
  • Develop and standardize inventory policies in collaboration with operational partners.
  • Manage relationships with Tax and international finance for transfer pricing and profit eliminations.

Benefits

  • Robust equity awards and competitive cash compensation.
  • Significant learning and development opportunities.
  • Strong benefits package including health, wellness, and retirement.
Full Job Description
The Opportunity:

Revolution Medicines is seeking a Senior Manager to support our growing Finance Operations team. Reporting to the Senior Director, Global Inventory and Cost Accounting, the Senior Manager will be a key contributor to scaling global inventory and cost accounting processes and procedures, as well as development of the ERP system. This role can be based out of our headquarters in Redwood City, CA, or remote with occasional travel to headquarters as needed.

Core Responsibilities Include:
  • Prepare, maintain, and analyze standard cost accounting records for commercial supply chain inventory, ensuring accuracy and compliance with company policies.
  • Support standard costing of new product introductions for the US and ex-US markets.
  • Lead continuous improvements to the cost accounting model while looking for opportunities to reduce costs.
  • Ensure inventory is properly valued on the balance sheet including treatment of capitalized variances and establishment of required reserves.
  • Working knowledge of full absorption costing, overhead build up, and key components of COGS.
  • Support inventory master data, analyze inventory transactions and related accounting flows, and reconcile book to perpetual inventory accounts.
  • Represent Finance Operations to lead the development of standardized inventory policies and procedures, working cross functionally with operational business partners.
  • Partner with Tax and international Finance team members to manage transfer pricing and profit eliminations.
  • Manage the annual 3PL physical inventory count and CMO inventory confirmation process.
  • Partner with Pharmaceutical Development & Manufacturing, Quality, Commercialization, FP&A, and Accounting on various projects as the organization evolves and scales.
  • Support ERP system enhancements for future company growth.
  • Interact with internal and external auditors, support audit requests, and ensure compliance with internal control procedures.

Required Skills, Experience and Education:
  • Bachelor's degree in accounting or finance, strong preference for experience in biopharma.
  • A minimum of 7+ years of relevant experience using standard costing with internal manufacturing or outsourced contract manufacturing.
  • Proven experience using advanced Excel functions for financial analyses, variance analysis, product cost modeling.
  • Deep knowledge of ERP system functionality, connecting operational transactions to accounting flows.
  • Strong analytical thinking, and attention to detail and accuracy.
  • Superior people skills with the ability to work cross-functionally and with all levels of the organization.
  • Embodies RevMed's values: Tireless Commitment to Patients, Transformative Science, Exceptional Together, Total Integrity, Inclusiveness and Fairness.

Preferred Skills:
  • CPA or CMA preferred.
  • Strong preference for NetSuite or working knowledge of SAP/Oracle.

#LI-TS1 #LI-Remote

The base pay salary range for this full-time position for candidates working onsite at our headquarters in Redwood City, CA is listed below. The range displayed on each job posting is intended to be the base pay salary range for an individual working onsite in Redwood City and will be adjusted for the local market a candidate is based in. Our base pay salary ranges are determined by role, level, and location. Individual base pay salary is determined by multiple factors, including job-related skills, experience, market dynamics, and relevant education or training.

Please note that base pay salary range is one part of the overall total rewards program at RevMed, which includes competitive cash compensation, robust equity awards, strong benefits, and significant learning and development opportunities.

Base Pay Salary Range

$150,000-$189,000 USD

We are aware of recent recruitment scams in which individuals or organizations falsely represent themselves as being affiliated with Revolution Medicines. These scams may appear as false job advertisements or unsolicited contacts through communication or chat platforms, email, phone, or text message.

Please note that Revolution Medicines does not extend unsolicited employment offers and will never ask candidates to provide financial information, purchase equipment, or pay fees as part of the hiring process. All legitimate communication from Revolution Medicines will come from an official @revmed.com email address.

If you believe you've been contacted by someone impersonating a Revolution Medicines recruiter, please report it to [email protected] so we can share these impersonations with our IT team for tracking and awareness.

About Revolution Medicines

Revolution Medicines is a clinical-stage precision oncology company focused on developing targeted therapies to inhibit elusive frontier targets within notorious growth and survival pathways, with particular emphasis on RAS and mTOR signaling pathways. The company's proprietary platform enables the discovery and development of small molecules that bind covalently to proteins. Revolution Medicines was founded in 2014 and is headquartered in South San Francisco, California.
Learn more about Revolution Medicines
Size
201 employees
Market Cap
$2.1 billion
Industry
Net Income
-$108.1 million
Revenue
$42.9 million
NASDAQ

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