Manager, Cost Accounting

About the Department

At Novo Nordisk, we want to make a difference. For more than 100 years, we have led the way in diabetes care. Being part of Novo Nordisk allows our employees to embark on life-changing careers, and the opportunity to help improve the quality of life for millions of people around the world.

Our Bloomington, Indiana site is a state-of-the-art facility where we have an integrated model from process and formulation to clinical and commercial biomanufacturing and drug product fill/finish and packaging. The Bloomington campus is a recognized facility where talented teams work with innovators to help develop, manufacture and supply products to patients around the world.  

What we offer you:

1. Leading pay and annual performance bonus for all positions
2. All employees enjoy generous paid time off including 14 paid holidays
3. Health Insurance, Dental Insurance, Vision Insurance – effective day one
4. Guaranteed 8% 401K contribution plus individual company match option
5. Family Focused Benefits including 14 weeks paid parental & 6 weeks paid family medical leave
6. Free access to Novo Nordisk-marketed pharmaceutical products
7. Tuition Assistance 
8. Life & Disability Insurance
9. Employee Referral Awards

At Novo Nordisk, you will find opportunities, resources, and mentorship to help grow and build your career.  Are you ready to realize your potential?  Join Team Novo Nordisk and help us make what matters.

The Position

The Manager, Cost Accounting, is tasked with supervising the month-end closing process concerning the cost and inventor, and ensuring reporting is accurate and timely.   This role emphasizes continuous im-provement and involves providing leadership to department staff.  Furthermore, the Manager will serve as a key business partner to senior leaders at the Bloomington site, collaborating to drive strategic financial decisions.  

Relationships

Reports to Director, Finance.

Essential Functions

• Cost of Goods Sold (COGS): Analyze and report COGS across manufacturing operations, ensuring accuracy and alignment with financial plans. Collaborate with production, supply chain, and finance teams to drive cost transparency and variance analysis. Provide insights on trends, cost drivers, and opportunities for cost reduction.
• Inventory Accounting: Oversee inventory valuation, reconciliation, and financial reporting, ensuring compliance with company policies and accounting standards. Monitor and improve controls around inventory transactions, cycle counts, and physical inventory processes. Manage inventory adjustments and coordinate closely with operations on inventory accuracy.
• Reserves & Adjustments: Develop and maintain methodologies for excess and obsolete inventory reserves, including quarterly calculations and adjustments. Ensure reserves reflect current business conditions and risks. Partner with FP&A and commercial teams on product lifecycle impacts and supply planning.
• Standard Costing: Lead annual standard cost roll processes, including material, labor, and over-head allocations. Maintain cost structures and ensure cost models reflect operational realities. Analyze variances between standard and actual costs and provide actionable recommendations.
• Reporting & Controls: Support monthly, quarterly, and year-end close activities related to cost accounting. Ensure accuracy and timeliness of journal entries, account reconciliations, and internal reporting. Maintain compliance with internal controls (SOX), policies, and procedures.
• Business Partnership & Projects: Act as a financial advisor to manufacturing, supply chain, and procurement teams. Support capital investment projects, operational planning, and cost efficiency initiatives. Drive continuous improvement in cost accounting processes, systems, and analytics
• Other duties, as assigned.

Physical Requirements

• 100% work scheduled based on-site at Bloomington, Indiana facility.
• Ability to sit at a desk. 

Development Of People

Supervisory.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field of study from an accredited university, required
  CPA, CMA, or MBA, preferred.
• Four (4) years of relevant experience in cost accounting, required.
• Experience within a manufacturing or pharmaceutical environment, preferred.
• Strong knowledge of US GAAP/IFRS, inventory accounting, and cost modeling, required.
• Hands-on experience with ERP systems (SAP preferred) and advanced Excel skills, required.
• Adaptability and continuous learning, required.
• Strong analytical and problem-solving skills with keen attention to detail, required.
• Excellent communication skills, with the ability to work cross-functionally with various teams, required.
• Strong organizational skills and the ability to handle multiple tasks and deadlines in a fast-paced environment, required.
• Desire to coach, required.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.

Novo Nordisk is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status or any other characteristic protected by local, state or federal laws, rules or regulations.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.