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Senior Cost Analyst

Senior Cost Analyst

Senior Cost Analyst

LifeNet Health
Virginia Beach, VA 23453

Job details

Job Type


Senior Cost Analyst

Location: Virginia Beach, VA (Concert Drive)
Department: Finance
Job Type: Full-Time
Shift: Mon. – Fri.: 8:15AM – 5:00PM

LifeNet Health is searching for talented individuals who will embrace our mission of saving lives, restoring health, and giving hope.

LifeNet Health, headquartered in Virginia Beach, Virginia, is the largest nonprofit organ procurement organization (“OPO”) and tissue processor in the United States, as well as a leading innovator in tissue engineering and regenerative medicine. Our goal is to improve the quality of human life through the provision of organs, tissues and cells for transplantation; to provide innovation in the fields of bio-implants, regenerative medicine and research; and, to serve the community with educational and support services that enhance the donation process. LifeNet Health has over 1200 employees and has a growing global presence.

How you will contribute to LifeNet Health’s success:

As a Senior Cost Analyst, you will be responsible for overall development and maintenance of standard cost system for produced or procured inventory. You will play a key strategic role in understanding and streamlining the organization’s cost footprint by working on process improvements with functional leaders. Leads inventory and manufacturing-related month-end close process and provides variance analysis. Manages company-wide overhead and expense allocations across several departments and multiple plants. Develops tools and systems to routinely analyze and refine the cost of revenue estimates. Plays a major role in the development of the annual budget by owning the cost of goods and variances related to forecasting.

What you’ll do:

  • Lead the process of Product Costing and Variance Analysis
  • Perform in-depth analysis on complex analytical situations and provides recommendations to leadership regarding historical and current trends to forecast future performance
  • Analyzes cost systems and develops requirements for upgrades and works with cross-functional teams to implement required changes
  • Ensure accuracy of inventory valuation and compliance to GAAP
  • Analyze and forecast variances as the subject matter expert
  • Update and provide inventory-related process memos to financial auditors
  • Lead financial aspects of the annual physical inventory process and cycle count program
  • Summarize inventory reconciliations across multiple plants and provide audit support
  • Conduct monthly and quarterly audits of raw material inventory in warehouse and production areas

What you’ll bring (Minimum Requirements):

  • Bachelor’s Degree in Accounting or Finance; Master’s Degree preferred
  • Seven (7) years experience in Accounting or Finance
  • Three (3) years experience in Cost Accounting
  • Two (2) years ERP experience preferred

These would be nice too (Knowledge Skills and Abilities):

  • Proficient in MS Office
    : PowerPoint, Work, Outlook, Microsoft Suite and Advanced proficiency in Excel.
  • Organizational Skills: Ability to plan, implement and monitor tasks and assignments effectively.
  • Communication Skills: Excellent verbal and written communication skills; ability to communicate and build relationships with all professionals at different levels within the organization.
  • Time Management: Able to prioritize multiple, competing priorities and manage time/workload. Demonstrated ability to effectively prioritize and juggle multiple time sensitive projects, multi-task, identify project interdependencies and potential risks/pitfalls while maintaining a sense of focus and urgency.
  • Attention to Detail: Able to perform tasks thoroughly and with care; checks work to ensure high degree of accuracy/completeness and early/on-time delivery.
  • (Preferred) Computer Skills: Build analytical tools in Excel using VBA.

Why work at LifeNet Health?

We have a fierce drive for our mission of Saving Lives, Restoring Health, and Giving Hope. You won’t find another company with a culture as strong as ours.

  • 403(b) and Pension Plan
  • Medical, dental, and vision coverage
  • Corporate sponsored events (Chili Cook-Off, 5K, Celebration of Life Gala, and many more!)
  • Work-life balance with generous paid time off
  • Tuition reimbursement
  • Personal career and skill development opportunities
  • Wellness Program
  • Employee Assistance Program (EAP)
  • Dedicated and passionate co-workers

We are proud to be an EEO/AA employer EOE/M/F/Disability/Vet. We maintain a drug-free workplace and perform pre-employment substance abuse testing. #LI-AF1


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Hiring for this role

• Mobile: NA

• Location: 36.779976:-76.09304

• Post ID: 21590261

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