Manager- Cost Accounting

Cryoport Systems is a comprehensive supply chain partner for the life sciences industry, delivering specialized solutions to meet the challenges of the biopharmaceutical, cell and gene therapy, reproductive medicine, and animal health markets. Our offerings span logistics, BioServices and biostorage, cryopreservation, and consulting, ensuring the highest standards of quality and reliability for sensitive materials. With our expansive platform of management solutions and decades of temperature-controlled supply chain expertise, Cryoport Systems helps Enable the Outcome™  by supporting certainty and precision in the supply chain, whether advancing groundbreaking therapies, supporting families on their reproductive journeys, or enhancing animal health programs.
About Cryoport Systems
Cryoport Systems, part of the Cryoport (NASDAQ: CYRX) family of companies, is a global provider of comprehensive supply-chain solutions supporting the life sciences industry. Cryoport enables the safe, reliable, and compliant movement and management of temperature-sensitive materials used in cell and gene therapies, biologics, reproductive medicine, and other advanced therapies. Through specialized logistics, cryopreservation, supply-chain management, and technology-enabled services, Cryoport helps customers
protect product integrity, maintain chain of custody and chain of compliance, and support the development and delivery of therapies that can make a meaningful difference in patients' lives.

Our work requires a strong commitment to quality, regulatory compliance, customer service, continuous improvement, and disciplined execution. As the business grows, we remain focused on strengthening operational effectiveness, improving visibility and accountability, and scaling our capabilities in a way that supports sustainable and profitable growth.

Position Summary
The Cost Accounting Manager is responsible for the integrity, accuracy, and effectiveness of cost accounting, inventory accounting, fixed-asset accounting, and related financial controls. This role connects financial reporting with day-to-day operational activity, translating cost and operational data into useful insights that support business decisions, margin improvements, cost optimization, inventory management, and sustained profitable growth.

This position is responsible for performing the day-to-day responsibilities of the Cost Accounting function, as well as performing related responsibilities associated with the monthly, quarterly, and annual financial closes and reconciliation activities while developing robust processes, reporting, and cross-functional routines that improve cost visibility, strengthen internal controls, and support timely, reliable financial information. Success requires a hands-on, analytical, and collaborative leader who is comfortable working directly with Operations, Engineering, Procurement, Supply Chain, Accounts Payable, IT, and Finance, including spending time in our Global Supply Chain centers and inventory areas to understand the underlying business processes and recommend changes to drive.

Primary responsibilities include but are not limited to:

Cost Accounting and Financial Close
• Own and continuously improve cost accounting processes, ensuring accurate and timely recording of inventory, cost of sales, manufacturing costs, freight, variances, and other related accounts.
• Prepare and review cost accounting journal entries, accruals, analyses, and supporting schedules for monthly, quarterly, and annual close activities ; investigate reconciling items, document conclusions, and drive timely resolution.
• Analyze actual costs against standard costs, budgets, forecasts, and prior periods; explain material variances and recommend corrective actions.
• Maintain appropriate accounting treatment and documentation for inventory reserves, obsolescence, excess and slow-moving inventory, scrap, rework, and other relevant cost adjustments.
• Review open PO receipts not invoiced to determine if receipt accrual require adjustments
• Assist Finance leadership in the preparation and presentation of cost reduction recommendation and provide cost-related data in support of business decisions.
• Perform analysis of freight variances and related monthly freight accruals, providing guidance to Accounts Payable team.

Operational Partnership
• Partner with Operations, Engineering, Procurement, and Supply Chain to understand workflows, material usage, labor, overhead, and other cost drivers.
• Plan, coordinate, and oversee cycle counts and annual physical inventory counts, including count instructions, reconciliations, root-cause analysis, and approval and recording of required adjustments.
• Review open purchase-order receipts and un-invoiced receipts to determine appropriate accruals and adjustments in coordination with Procurement and Accounts Payable.

Fixed Assets and Capital Expenditures
• Manage Capital Expenditure tracking and reporting. Prepare monthly fixed assets journal entries and reconciliation.

Planning, Analysis, and Cost Optimization
• Partner with the Director of FP&A and Finance leadership to develop and maintain cost of-sales, inventory, freight, and capital expenditure budgets and forecasts.
• Provide timely cost and operational analysis to support pricing, sourcing, make-versus buy, productivity, capacity, product profitability, and other business decisions, as appropriate.
• Identify opportunities to reduce cost, optimize inventory, and strengthen working capital; quantify potential impact and partner with business owners to support implementation and track results.
• Develop meaningful reports, metrics, and dashboards that improve visibility into cost drivers, inventory health, and progress against financial and operational targets.

Other
• Manage special projects, including implementation of new software and processes.
• Foster working relationships cross-functionally, particularly with engineering,
procurement, and operations teams.
• Manage inventory and COS related requests from the internal/external auditors, procurement and other departments.
• Assist with internal, external and SOX audits.

Competencies:

• Analytical thinking and problem-solving: evaluates financial and operational data, identifies root causes, and develops actionable solutions.
• Accuracy and attention to detail: maintains high standards for data integrity,
reconciliations, documentation, and deadlines.
• Business partnership: works collaboratively across functions and connects cost accounting insights to operational and commercial outcomes.
• Ownership and accountability: follows issues through to resolution, establishes clear priorities, and delivers reliable results.
• Action-oriented execution: works with urgency and sound judgment in a dynamic, fast-paced environment.
• Continuous improvement: challenges inefficient processes and seeks practical ways to improve controls, systems, reporting, and productivity.
• Communication and influence: presents findings clearly, adapts messages to the audience, and gains alignment without relying solely on formal authority.

Qualifications and Education Requirements

• Bachelor’s degree or higher in Accounting, Finance, or related field
• 5-7 years previous costing and general accounting experience
• Ability to communicate and express ideas clearly and concisely, both written and verbal
• Willingness to spend time in operations/production areas to learn product and processes
• Understands the importance of goal attainment and meeting various deadlines
• Ability to gather and analyze financial data resulting in recommendations to business leaders
• Accomplishments which reflect teamwork, integrity, accountability and speed
• Action-oriented and solution-driven with the ability to thrive in a fast-paced environment
• Great vision to provide insight and foresight to management team and turn analysis into corrective actions
• Teamwork within and across departments

Preferred Requirements:

• Experience working in a high growth medical device, life sciences tools or manufacturing environment

Compensation:
Up to $140k + benefits + stock + 401k + bonus