Senior Cost Accountant

Empower Pharmacy is a visionary healthcare company dedicated to making quality, affordable medication accessible to millions of patients nationwide. As the most advanced 503A compounding pharmacy and FDA-registered 503B outsourcing facility serving the functional medicine markets, we are proud to be recognized as one of Houston’s fastest-growing private companies and ranked #116 in Healthcare & Medical on the Inc. 5000 List for 2025.

Our strength lies in four core values—People, Quality, Service, and Innovation. Guided by these principles, we deliver a uniquely integrated approach to healthcare through vertical supply chain integration, advanced technology, and a relentless pursuit of excellence. From manufacturing to distribution to quality control, our teams work collaboratively to push boundaries, improve patient outcomes, and redefine medication accessibility.

At Empower, joining our team means more than starting a new job, it means becoming part of a mission to transform healthcare. We empower our employees to innovate, grow, and make a meaningful impact every day. Here, your ideas are valued, your growth is supported, and your contributions are celebrated.

If you thrive in a fast-paced, transformative environment where innovation meets purpose, Empower Pharmacy is the place for you. Let’s revolutionize healthcare together.

Position Summary:

The Senior Cost Accountant owns the economic truth of Empower’s manufacturing and compounding operations at scale. This role ensures product cost, margin, and inventory economics are accurate, timely, decision-grade, and audit-defensible across a complex 503A/503B environment. The position enables pricing discipline, capacity decisions, regulatory confidence, and patient access by translating cost data into actionable insights. Operating with minimal oversight, this individual builds scalable systems, leverages automation and AI to accelerate execution, and delivers insights that influence real-time decisions. Success is measured by decision velocity, margin protection, audit readiness, and the scalability of cost systems in a high-growth environment.

Responsibilities:

Own Cost Truth at Scale

• Own end-to-end product costing across materials, labor, overhead, and allocations, delivering accurate and timely cost data for pricing, sourcing, and capacity decisions.
• Investigate cost and inventory variances at the transaction level, quantify financial impact, and drive corrective actions with operational partners.

Protect and Expand Margin

• Build and maintain SKU, formulation, and customer margin models to identify profit leakage and growth opportunities.
• Support pricing discipline by embedding cost assumptions, guardrails, and post-launch margin tracking into pricing workflows.

Build Systems That Scale

• Design scalable costing workflows, controls, and templates to reduce manual effort and eliminate recurring errors.
• Own cost and inventory data integrity within ERP systems, ensuring alignment from production through financial reporting.

Leverage Automation and AI

• Develop automation solutions to accelerate reconciliations, variance analysis, and anomaly detection while maintaining auditability.
• Apply advanced analytics to generate forward-looking insights that support pricing, sourcing, and operational decisions.

Drive Individual Ownership and Impact

• Lead complex cost initiatives end-to-end, managing priorities, timelines, and risk identification independently.
• Establish repeatable processes, documentation, and tools that scale performance and improve consistency.

Knowledge and Skills:

• Deep expertise in cost accounting, inventory valuation, and margin analysis within manufacturing or regulated environments.
• Advanced proficiency with ERP systems, data modeling, and analytical tools.
• Experience applying automation, AI, or scripting to improve accounting processes and decision-making.
• Ability to translate complex cost drivers into clear, actionable insights for diverse stakeholders.

Experience and Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field required.
• 4+ years of progressive experience in cost accounting, inventory, or manufacturing accounting.
• Strong knowledge of US GAAP and financial reporting principles.
• Experience with ERP systems and accounting tools; interest in automation and process improvement preferred.
• Demonstrated ownership of cost systems, margin analysis, or inventory economics that influenced business decisions.
• Proven ability to work independently, deliver insights quickly, and build scalable systems.

Key Competencies:

• Customer Focus: Builds trust through customer-centric solutions
• Strategic AI: Guides responsible AI adoption and adaptation
• Optimizes Work Processes: Drives efficiency with continuous improvement
• Collaborates: Partners effectively to achieve shared goals
• Resourcefulness: Secures and deploys resources efficiently
• Manages Complexity: Simplifies and solves complex challenges
• Ensures Accountability: Delivers on commitments with integrity
• Situational Adaptability: Adjusts approach to shifting conditions
• Communicates Effectively: Tailors messages to diverse audiences

Values:

• People: Empowering people defines who we are
• Quality: Excellence in every product, every time
• Service: Serving others is our highest purpose
• Innovation: Advancing care through technology and discovery

Employee Benefits, Health and Wellness:

We offer comprehensive benefits to support your health, well-being, and future, including medical, dental, and vision coverage, paid time off, 401(k) matching, wellness perks, IV therapy, and compounded medications. Learn more: https://careers.empowerpharmacy.com/benefits/

Physical Requirements:

While performing the responsibilities of the job, the employee is required to talk and hear. The employee is often required to remain in a stationary position for a significant amount of the workday and frequently use their hands and fingers to handle or feel in order to access, input, and retrieve information from the computer and other office productivity devices. Employees are regularly required to move about the office and around the corporate campus. The employee is regularly required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl.