Inventory and Cost Accounting Manager

$135,000 - $171,000/Yr

Sila Nanotechnologies - Alameda, CA

Full-time - Mid Level

Alameda, CA

Professional, Scientific, and Technical Services

About the position

The Inventory and Cost Accounting Manager is responsible for managing COGS, inventory, and fixed asset accounting for the business. This leader will help lead the design, development, and implementation of new cost accounting processes as the company moves towards large-scale manufacturing. The role involves understanding the drivers of direct product costs, including material and labor, as well as indirect costs such as manufacturing overhead. The manager will provide analytical and accounting expertise to support the company's efforts to account for and transact inventory and fixed assets through the system, working closely with the FP&A team to drive cost efficiency projects to reduce costs and waste across the manufacturing space.

Responsibilities

• Maintain the accuracy of the cost accounting, inventory and fixed asset systems and perform monthly reconciliations to the general ledger
• Monitor and analyze operational processes and individual work orders to ensure proper data capture of time, materials and overhead costs
• Manage, review and maintain all standard item costing, including performing periodic cost rolls/updates annually or as needed
• Ensure proper new product setup in ERP system, including product attributes, routing, costing and classification
• Understand and analyze manufacturing start-up costs in relationship to period cost and inventory absorption
• Investigate and provide analysis on all manufacturing variances, including purchase price variance, usage, material and rate variances
• Develop, analyze and interpret data on current processes to support operations for improved material, labor and machine utilization, as well as capturing cost of quality and waste
• Create and interpret cost scenario analyses based on variable volume, input material cost changes, new products, and/or new manufacturing processes
• Assist with overseeing the accuracy of inventory cycle counts and physicals, as well as performing fixed asset audits
• Assist in the maintenance of proper internal controls over slow-moving inventory and support the operations team in analyzing excess and obsolete inventory risk
• Ensure proper capture of capital expenditures, accumulated depreciation, and asset disposals
• Hire and train the best talent for all open positions in area of responsibility
• Collaboratively develop goals, coordinate and track progress of plans, allocate roles and responsibilities, and navigate challenges and roadblocks
• Help reports understand how their role and contributions are important to the Company's success and provide constructive feedback.

Requirements

• A Bachelor's Degree or higher in Accounting
• At least 5+ years of Cost Accounting experience in a high-volume, process manufacturing environment
• Demonstrated understanding of GAAP cost accounting standards, product cost analysis and inventory controls
• Large scale ERP system experience
• Experience managing finance analysts
• Work experience with one of the big 4 Accounting firms preferred

Benefits

• Competitive Total Rewards package including benefits, perks, equity, and bonuses