We anticipate the application window for this opening will close on - 13 Jul 2026

About the Role

The Sr Cost Accountant oversees the cost accounting activities and delivers analysis of product, process, and operational costs. This position ensures the accuracy of costing methodologies, inventory valuation, variance analysis, and financial reporting. The role also collaborates closely with operations, the finance systems team, supply chain, and executive leadership to drive improvements in profitability and operational efficiency across manufacturing facilities, distribution centers, and contract manufacturing partners.

This is a hybrid role based in Northridge, CA.

Responsibilities may include the following and other duties may be assigned.

• Optimize and maintain the standard costing system for manufacturing sites, distribution centers (DCs), and contract manufacturing.
• Analyze bills of materials (BOMs), routings, labor rates, burden rates, and production yields to ensure accurate product costing.
• Conduct LBM (Labor, Burden, Material) analysis, comparing actual vs. standard costs.
• Prepare LBM estimates for new product introductions (NPIs).
• Develop and maintain cost models and process changes.
• Serve as the primary contact for Material Setup or Change (MSC) activities.
• Oversee cost of goods produced (COGP) and cost of goods sold (COGS) reporting, ensuring accuracy and timeliness.
• Support/Participate in detailed variance analysis on material usage, labor efficiency, and overhead absorption, providing actionable insights to operations and leadership.
• Perform annual cost roll-ups, ensuring correct allocation of material, labor, and burden rates across manufacturing sites, DCs, and contract manufacturers.
• Support ERP and other implementation system initiatives.
• Collaborate with SAP functional consultants and IT teams to configure and optimize cost accounting processes.
• Support data migration activities, including cost centers, profit centers, BOMs, routings, and standard costs.
• Assist with system integration testing.
• Support KPI reporting accuracy for financial and operational metrics.
• Maintain compliance with GAAP, internal controls, and audit requirements.

Required Qualifications

• Bachelor's degree in accounting, Finance, or related field required and 4+ years of relevant experience
• Or, an advanced degree with 2+ years of relevant experience

Preferred Qualifications

• Strong experience in cost accounting within a manufacturing environment.
• Proven experience with standard costing, cost roll processes, and variance analysis.
• Experience working with ERP systems (e.g., SAP CP, S4 Hana) and financial reporting tools.
• Strong analytical and problem-solving skills with the ability to translate data into actionable business insights.
• Demonstrated ability to partner with cross-functional teams (e.g., Operations, Supply Chain) and influence decision-making.
• Solid understanding of internal controls, financial compliance, and data integrity principles.
• Effective communication skills with the ability to present financial information to various levels of the organization.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

Benefits & Compensation

MiniMed offers a competitive salary and flexible benefits package

Salary ranges for U.S (excl. PR) locations (USD):$87,000.00 - $149,000.00

For roles located in California, Seattle WA, Washington DC, Boston MA, and New York City, the salary range is $97,000 - $165,000 USD.

Actual compensation may vary based on factors including experience, education, certifications, skills, market conditions, internal equity, and geographic location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

This position is eligible for a short-term incentive called the Short Term Incentive (STI).

At MiniMed, we are committed to supporting the well-being and financial security of our employees. Regular employees working 20 or more hours per week are eligible for a robust benefits package, including health, dental, and vision insurance, as well as access to a Health Savings Account, Healthcare Flexible Spending Account, life insurance, long-term disability leave, and a dependent daycare spending account. In addition, all regular employees enjoy incentive plans, a 401(k) plan with company match, short-term disability coverage, paid time off and holidays, participation in our Employee Stock Purchase Plan, and access to our Employee Assistance Program. Eligible employees may also benefit from our Non-qualified Retirement Plan Supplement and Capital Accumulation Plan, subject to IRS minimum earnings requirements. Please note that "regular employees" refers to those who are not temporary staff, such as interns, and some benefits may not apply to employees in Puerto Rico.

For further details about our comprehensive benefits, we encourage you to visit the link below.

MiniMed Benefits Overview