Sr. Manager, Inventory Cost Accounting

Tonix PharmaceuticalsFrederick, Maryland

$100,000 - $150,000 / year

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Overview

Schedule

Full-time

Education

CPA

Career level

Director

Remote

On-site

Compensation

$100,000-$150,000/year

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Job Description

Tonix Pharmaceuticals* is a fully integrated, commercial-stage biotechnology company focused on central nervous system (CNS) and immunology treatments in areas of high unmet medical need. TONMYA® (cyclobenzaprine HCl sublingual tablets 2.8 mg) is the first new treatment for fibromyalgia in adults in more than 15 years. Tonix’s CNS commercial infrastructure supports its marketed products, including its acute migraine products, Zembrace® Symtouch® (sumatriptan injection 3 mg) and Tosymra® (sumatriptan nasal spray 10 mg). Tonix is investigating TONMYA® in Phase 2 clinical trials to evaluate its potential in major depressive disorder and acute stress disorder/acute stress reaction. Tonix is also advancing a pipeline of immunology programs, including TNX-4800, a Phase 2 ready long-acting human anti-Borrelia OspA monoclonal antibody (mAb) for the prevention of Lyme disease in the U.S., and TNX-1500, a Phase 2 ready third-generation CD40 ligand inhibitor for the prevention of kidney transplant rejection. In addition, the Company is progressing TNX-2900 (intranasal potentiated oxytocin), which is Phase 2 ready for the treatment of Prader-Willi syndrome, a rare disease. To learn more, visit www.tonixpharma.com and follow the Company on LinkedIn and X.

*Tonix’s product development candidates are investigational new drugs or biologics; their efficacy and safety have not been established and have not been approved for any indication.

Zembrace SymTouch and Tosymra are registered trademarks of Tonix Medicines. TONMYA is a registered trademark of Tonix Pharma Limited. All other marks are property of their respective owners.

Position Overview

The Senior Manager, Inventory Cost Accounting will lead all aspects of inventory and cost accounting within a pharmaceutical manufacturing and supply chain environment. This role is responsible for ensuring accurate product costing, inventory valuation, variance analysis, and financial reporting in compliance with U.S. GAAP. The individual will partner closely with Supply Chain, Procurement, Manufacturing, Quality, and FP&A teams to support operational and strategic initiatives. The ideal candidate will possess deep expertise in NetSuite ERP, pharmaceutical industry accounting practices, standard costing methodologies, and inventory controls

Key Responsibilities

Lead all inventory and cost accounting activities including standard costing, inventory valuation, and variance analysis.Manage monthly, quarterly, and annual close processes related to inventory, cost of goods sold (COGS), reserves, and manufacturing variances.

Partner closely with Supply Chain, Manufacturing, Procurement, and Operations teams to establish and maintain accurate product costing methodologies.Analyze purchase price variances (PPV), manufacturing variances, labor variances, overhead absorption, and inventory adjustments to identify operational and financial trends.

Oversee inventory reconciliations, cycle count programs, physical inventory counts, and inventory reserve analyses.Ensure compliance with U.S. GAAP and internal controls related to inventory accounting and cost accounting processes.

Drive continuous improvements in inventory accounting processes, ERP system utilization, and reporting automation.Serve as the subject matter expert for NetSuite inventory and costing functionality, including system enhancements, integrations, and process optimization.

Support external audits, internal audits, and SOX compliance activities related to inventory and cost accounting.Develop and maintain inventory-related accounting policies, procedures, and documentation.

Collaborate with FP&A to support budgeting, forecasting, and financial modeling related to manufacturing and inventory costs.Provide financial analysis and operational insights to senior leadership regarding inventory performance, margin analysis, and supply chain efficiency.

Lead, mentor, and develop accounting staff as the organization grows.QualificationsBachelor’s degree in Accounting, Finance, or related field required; CPA and/or CMA strongly preferred.

10+ years of progressive accounting and finance experience with significant focus on inventory and cost accounting.Minimum 5 years of experience within the pharmaceutical, biotechnology, or life sciences industry.

Strong knowledge of U.S. GAAP related to inventory, manufacturing, and cost accounting.Extensive hands-on experience with NetSuite ERP, including inventory costing modules and reporting capabilities.

Experience supporting manufacturing operations, supply chain finance, and inventory management functions.Demonstrated expertise in standard costing, variance analysis, and inventory controls.

Strong analytical, problem-solving, and communication skills with the ability to interact effectively across all organizational levels.Experience managing audits and supporting internal control environments.

Advanced Excel and financial modeling skills preferred.Preferred QualificationsExperience in pharmaceutical manufacturing, clinical supply accounting, contract manufacturing (CMO/CDMO) environments, FDA-regulated operations, inventory management for controlled or highly regulated products is highly preferred.

Salary Range

$100,000 - $150,000USD

Please note that Tonix does not offer sponsorship for this role.

Recruitment & Staffing Agencies

Tonix does not accept agency resumes unless contacted directly by internal Tonix Talent Acquisition. Please do not forward resumes to Tonix employees or any other company location; Tonix is not responsible for any fees related to unsolicited resumes.

Compensation & Benefits

Tonix provides a comprehensive compensation and benefits package which includes:

Medical, Dental & Vision Insurance, Basic and Voluntary Life and AD&D Insurance, Short- and Long-Term Disability Insurance, Flexible Spending Accounts, Health Savings Account, and Employee Assistance Programs
Pet Insurance
Retirement Savings 401k with company match and annual discretionary stock options
Generous Paid Time Off, Sick Time, & Paid Holidays
Career Development and Training

Tonix provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, genetics, or any other characteristic protected by law. In addition to federal law requirements, Tonix complies with applicable state and local laws governing nondiscrimination in employment. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, and training. Tonix expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic, information, disability, veteran status, or any other characteristic protected by law.

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FAQs About Sr. Manager, Inventory Cost Accounting Jobs at Tonix Pharmaceuticals

What is the work location for this position at Tonix Pharmaceuticals?

This job at Tonix Pharmaceuticals is located in Frederick, Maryland, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Tonix Pharmaceuticals?

Candidates can expect a pay range of $100,000 and $150,000 per year.

What employment applies to this position at Tonix Pharmaceuticals?

Tonix Pharmaceuticals lists this role as a Full-time position.

What experience level is required for this role at Tonix Pharmaceuticals?

Tonix Pharmaceuticals is looking for a candidate with "Director" experience level.

What education level is required for this job?

The education requirement for this position is CPA. Candidates with relevant qualifications or equivalent experience may also be considered.

What benefits are offered by Tonix Pharmaceuticals for this role?

Tonix Pharmaceuticals offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Holidays, Paid Vacation, Paid Sick Leave, Career Development, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.

What is the process to apply for this position at Tonix Pharmaceuticals?

You can apply for this role at Tonix Pharmaceuticals either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.