Sr. Cost Accountant

Sr. Cost Accountant

Date: Oct 15, 2024

Location: Coventry, CT, US

Company: Teleflex

Expected Travel : Up to 25%

Requisition ID :11170

About Teleflex Incorporated

As a global provider of medical technologies, Teleflex is driven by our purpose to improve the health and quality of people’s lives. Through our vision to become the most trusted partner in healthcare, we offer a diverse portfolio with solutions in the therapy areas of anesthesia, emergency medicine, interventional cardiology and radiology, surgical, vascular access, and urology. We believe that the potential of great people, purpose-driven innovation, and world-class products can shape the future direction of healthcare.

Teleflex is the home of Arrow™, Barrigel™, Deknatel™, QuikClot™, LMA™, Pilling™, Rüsch™, UroLift™ and Weck™ – trusted brands united by a common sense of purpose.

At Teleflex, we are empowering the future of healthcare. For more information, please visit teleflex.com.

OEM – Teleflex Medical OEM is a leading global provider of product development and production services for medical device manufacturers. We set ourselves apart with deep expertise, decades of experience, a dedication to design for manufacturability, and extensive, in-house capabilities, which include engineering, regulatory services, material selection and formulation, prototyping, manufacturing, assembly and packaging. We deliver industry-changing innovations and next-generation solutions for extrusions; diagnostic and interventional catheters; balloons and balloon catheters; sheath/dilator sets; specialty sutures, braids and fibers; and bioabsorbable sutures, yarns and resins. Join a dynamic, growing team that offers healthcare providers an array of medical technology solutions that make a difference in patients’ lives.

Position Summary

Responsible for maintaining and improving the inventory management system used to control and value inventory necessary to support the Coventry, CT, and Mansfield, MA, manufacturing operations. This position also provides analysis of operations variances resulting from manufacturing activity at the Company local locations, and provides financial support to site, OEM, and company functions.

Principal Responsibilities

• Establishes and monitors accurate standard costs

• Completes annual inventory standard cost updates, coordinating with global finance functions

• Analyzes manufacturing variances on a monthly basis

• Reviews direct labor and overhead absorption and produces analysis for management

• Maintains the site fixed asset system and Maintain the PEA’s (capital requests) both internal and external to the automated Teleflex system

• Assists in the preparation of budgets for the Company’s manufacturing operations and related presentations

• Aids in the maintenance of the Sarbanes Oxley requirements

• Completes site month-end closings, annual profit plans, and other projects as needed

• Performs monthly GL account reconciliations

• Maintains the site balance sheet accounts

• Maintains the factory manufacturing metrics

• Assist the Controller as required

• Maintain the manufacturing variance report and provide operational support for the monthly review meetings.

• Leads the site annual physical inventory activities

• Provides purchasing support within SAP for multiple OEM sites

• Provides similar accounting role for manufacturing activities at the Coventry, CT, and Mansfield, MA sites

Education / Experience Requirements

• Bachelor’s Degree in Business or Accounting or equivalent experience

• Minimum 4 years of inventory and general accounting experience in a manufacturing environment

Specialized Skills / Other Requirements

• Strong communication skills, both verbal and written

• Proficiency in reading and interpreting financial documents

• Must have the ability to convey information in a clear and concise manner to employees at all levels of the organization

• Possess a high level of competency with Microsoft Excel. Must also be proficient with Outlook and other Microsoft Office tools (Word, Powerpoint, etc.

• Experience in an SAP environment is a plus

• Strong analytical and quantitative skills

• Self-starter with ability to perform with little day-to-day oversight

The pay range for this position at commencement of employment is expected to be between $88,700- $133,100 however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.The total compensation package for this position will also include benefits such as medical, prescription drug, dental and vision insurance, flexible spending accounts, participation in 401(k) savings plan, and various paid time off benefits, such as PTO, short- and long-term disability and parental leave, dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

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At Teleflex, we follow a comprehensive hiring process. We do not accept unsolicited resumes from agency recruiters or 3rd party firms. We do not make unsolicited job offers. We do not ask for money or require equipment purchase up-front.

Teleflex, Inc. is an affirmative action & equal opportunity employer. D/V/M/F. Applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status. If you require accommodation to apply for a position, please contact us at: 877-880-8588 or Talent@Teleflex.com.

Teleflex, the Teleflex logo, Arrow™, Barrigel™, Deknatel™, QuikClot™, LMA™, Pilling™, Rüsch™, UroLift™ and Weck™ are trademarks or registered trademarks of Teleflex Incorporated or its affiliates, in the U.S. and/or other countries.

© 2024 Teleflex Incorporated. All rights reserved.