Senior Inventory and Cost Accountant 1

Position Summary:

Reporting to the Associate Director, Inventory & Cost Accounting, the Senior Inventory and Cost Accountant primarily supports the development and execution of accounting policies, accounting operations, and internal controls across the inventory and costing cycle.  This role is integral to ensuring accurate product costing, inventory valuation, and performance analysis, while partnering with accounting, technical operations, and supply chain to drive profitability.

Essential Job Functions and Responsibilities:

These may include but are not limited to:

• Perform month-end, quarter-end, and year-end close activities, including journal entries, account reconciliations, and reporting schedules
• Prepare and execute cost accounting activities including standard costing, variance analysis, and inventory valuation
• Own inventory accounting processes, including balance reviews, aging analysis, and reserve assessments
• Ensure inventory accounting is aligned with company policies, including support for technical accounting analyses as needed
• Work with 3PL vendor(s) and contract manufacturing organizations (CMOs) to coordinate data gathering to support the accounting and reporting of inventory
• Maintain internal controls and support audit requirements by preparing schedules, maintaining documentation, and responding to audit requests
• Assist with revenue accounting activities as needed, including but not limited to support for closing, reconciliations, analytics, and reporting
• Identify opportunities to improve reporting and automate recurring tasks to increase accuracy and efficiency
• Other duties as assigned

Education and Experience:

Required:

• Bachelor’s degree in accounting or an equivalent business administration area
• At least 5 years of relevant and progressive experience
• Experienced in commercialized therapeutic biotechnology companies Preferred
• Strong knowledge of inventory accounting processes, including valuation, physical inventory, manufacturing and costing, and standard cost accounting convention

Preferred:

• Experience with Inventory Cost accounting in NetSuite environment
• Public accounting experience
• Certified public accountant (CPA)

Physical Demands and Work Environment:

Physical Activities: On a continuous basis, sit at desk for a long period of time; intermittently answer telephone and write or use a keyboard to communicate through written means. Some walking and lifting up to 25 lbs. may be required. The noise level in the work environment is typically low to moderate. The physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and responsibilities.

Travel:

You may be required to travel for up to 5% of your time.

Equal Opportunity Employer:

Crinetics is proud to be an Equal Opportunity Employer. We provide equal employment opportunities to all employees and employment applicants without regard to unlawful considerations of sex, sexual orientation, gender (including gender identity and/or expression), pregnancy, race, color, creed, national or ethnic origin, citizenship status, religion or similar philosophical beliefs, disability, marital and civil union status, age, genetic information, veteran status or any personal attribute or characteristic that is protected by applicable local, state or federal laws.

Salary Range

In addition to your base pay, our total rewards program consists of a discretionary annual target bonus, stock options, ESPP, and 401k match. We also provide top-notch health insurance plans for employees (and their families) to include medical, dental, vision and basic life insurance, 20 days of PTO, 10 paid holidays, and a winter company shutdown.