Senior Analyst, Cost Accounting & Product Costing

Additional Location(s): US-MN-Arden Hills; US-IN-Spencer

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

About the role:

At Boston Scientific, your way forward is our way forward. We’re seeking a Senior Analyst, Cost Accounting & Product Costing to join our collaborative ERP transformation team. In this role, you’ll support product costing operations across our global manufacturing network, partnering with plant and operations teams to ensure accurate cost data and compliant processes. You’ll play a key role in advancing SAP deployments and modernizing product costing systems to improve visibility, streamline workflows and drive operational excellence.

Work model, sponsorship, relocation:

At Boston Scientific, we value collaboration and synergy. This role follows a hybrid work model requiring employees to be in our local office at least three days per week. Boston Scientific will not offer sponsorship or take over sponsorship of an employment visa for this position at this time. Relocation assistance is not available for this position at this time.

Your responsibilities will include:

• Maintain and improve standard product costing, including BOM and routing reviews, overhead and labor rate updates, and the annual standard cost roll
• Perform weekly work order closures and analyze purchase price variance, labor, and overhead variances
• Partner with Operations and Engineering to identify root causes and implement corrective actions for variances
• Prepare monthly COGS and inventory reports; reconcile raw material, WIP, and finished goods; investigate and resolve discrepancies
• Lead and coordinate cycle counts and physical inventories, ensuring SOX-compliant documentation and controls
• Prepare journal entries and account reconciliations; support internal and external audits with product costing schedules and evidence
• Estimate product costing for new and proposed products; provide costed BOMs to support NPI and pricing decisions
• Serve as the product costing SME for SAP deployments, including validation of master data, costing variants, valuation classes, and account determination
• Execute user acceptance testing for product costing and material ledger modules; define test scenarios such as work order closure, variance flows, and revaluation
• Train site super users on product costing processes; develop clear SOPs and quick reference guides
• Identify and drive process improvements within SAP and MES systems to reduce manual work and improve close timeliness

Qualifications:

Required qualifications:

• Bachelor's degree
• 3+ years of product costing and/or cost accounting
• Proficiency with ERP and manufacturing execution systems (MES) used in cost accounting and manufacturing environments, as well as advanced Excel
• Hands-on experience with work order closures, PPV/usage/labor/overhead analysis, product costing rolls, and inventory reconciliations
• Strong knowledge of BOMs, routings, product structures, and their impact on standard product costing and COGS
• Proven ability to partner with teams to resolve process and master data issues
• Experience with Hyperion or similar reporting tools

Preferred qualifications:

• Bachelor's degree in accounting
• Proficiency with SAP (CO-PC, Material Ledger), SAP S/4HANA, Hyperion, and manufacturing execution systems (MES)
• CMA or CPA certification
• Familiarity with SOX-compliant financial controls
• Experience working in a highly regulated manufacturing environment (e.g., medical devices, pharmaceuticals, aerospace), with knowledge of compliance and quality system requirements

Requisition ID: 616881

Minimum Salary: $82600 

Maximum Salary: $156900 

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com—will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen. So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. 

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.

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