10X Genomics - Pleasanton, CA
posted 3 months ago
We are seeking an experienced, collaborative, and results-oriented individual to join our 10X team as Senior Manager of Cost Accounting, to manage cost accounting activities for inventory and including inventory transfers between intercompany accounts with 10x foreign subsidiaries, reporting to the Director of Cost Accounting. The ideal candidate will have a strong general accounting background having worked in both public accounting and private industry. This individual will be a business partner to our financial planning & analysis, engineering, facility and operations teams and will manage the inventory accounting close process and interface with auditors for the annual and interim audits. Position is onsite in Pleasanton, CA. In this role, you will perform New Product Introduction (NPI) standard costing functions in the ERP and collaborate cross-functionally with various business partners to resolve inventory standard costing issues related to missing or incorrect cost definition setup. You will also perform monthly and quarterly financial closing activities including journal entries and reconciliations, and explain monthly balance sheet fluctuations to ensure compliance with US GAAP and company policies and procedures. Additionally, you will provide standard cost revaluation impact analysis for ECOs and perform E&O Analyses, including collaborating with Finance Ops, maintaining E&O roll-forward schedule and preparing period adjustments to the E&O reserve. Your responsibilities will also include calculating monthly taxes for R&D use tax, sales tax for sales giveaways, analyzing and adjusting monthly warranty reserves, and analyzing Work in Process (WIP) to make necessary adjustments. You will perform standard cost updates and coordinate with business partners including foreign subsidiaries, support monthly cycle count processes, and annual physical inventory counts. Furthermore, you will conduct monthly reviews of intercompany trade accounts with foreign subsidiaries and perform monthly analysis of deferred cogs, including reconciliation between Oracle and RevPro, and accrues for missing cost recognition. You will also perform Lower of Cost or Market analyses, prepare adjustments as necessary, review and approve SOX work and related documentation, and work with auditors to ensure SOX compliance. Lastly, you will identify and implement process improvement activities by automating processes, utilizing existing systems, and reducing manual work effort wherever possible, including working with IT, and willingly perform special projects or respond to ad-hoc requests.