Inspired by Care

Since 1992, Omnicell (NASDAQ: OMCL) has been inspired to create safer and more efficient ways to manage medications and supplies across all care settings. As a leader in medication and supply dispensing automation, central pharmacy automation, IV robotics, analytics software, and medication adherence and packaging systems, Omnicell is focused on improving care across the entire healthcare continuum—from the acute care hospital setting, to post-acute skilled nursing and long-term care facilities, to the patient’s home.

Over 4,000 customers worldwide use Omnicell® automation and analytics solutions to increase operational efficiency, reduce medication errors, deliver actionable intelligence and improve patient safety.

Omnicell’s innovative medication adherence solutions, used by over 32,000 institutional and retail pharmacies in North America and the United Kingdom, are designed to improve patient adherence to prescriptions, helping to reduce costly hospital readmissions.

Recent Omnicell acquisitions, including Ateb, add distinct capabilities, particularly in central pharmacy, IV robotics, and pharmacy software, creating the broadest medication management product portfolio in the industry.

Sr. Cost Accountant



Sr. Cost Accountant 

This individual will help develop and implement cost accounting and inventory cost analysis systems, will interpret results for management and assist in cost reduction efforts.  The cost accountant will participate in studies to improve the operational and financial effectiveness of the business.  Will extract and analyze financial data from various accounting and information systems.  Support business unit and manufacturing groups with cost, manufacturing, and inventory analysis.  Responsibilities include ensuring the accuracy of inventory, setting up and maintaining a standard cost accounting system, analyzing actual costs, preparing month-end reports, and GL reconciliations. 

Essential Responsibilities:

  • Maintain standard costs in the Syteline system.  Work with manufacturing plant to develop and maintain accurate standard costs
  • Calculate standard labor and overhead rates
  • Analyze purchase price, labor and overhead spending and explain variances to senior management
  • Participate in the budgeting and forecasting process for department spending
  • Identify manufacturing variances from plan and forecasts, and root causes of obsolete and excess inventory
  • Work with engineers to estimate costs for proposed new products
  • Team with engineering to ensure standard costs database accuracy
  • Prepare journal entries, monthly inventory and variance reports, special reports, research data and interpret reports for managers
  • Monitor inventory cycle counts
  • Participate in gross margin analysis and product line P&L analysis
  • Support audit requests for inventory and costing for the manufacturing site.
  • Maintain accuracy of the COGS section of the Product Line P&L
  • Maintain reporting tools (FRx and Results) and establish new reports on request
  • Review all projects nominated for posting and ensure that all costs are being recognized related to the revenue being posted

Basic Qualifications:

  • Bachelor’s degree in Accounting or Finance
  • 5 years’ experience in a cost accounting environment
  • 3 years’ experience working with automated cost accounting systems
  • Working knowledge of MS Office including Excel

Preferred Qualifications:

  • MBA and/or CPA
  • SAP or Syteline


Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or on the basis of disability.

Omnicell will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

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