Saronic
Cost Accounting Manager
Austin, TX. Posted 15 days ago
The role
The Cost Accounting Manager owns core cost accounting processes including standard costing, product costing, and inventory valuation. This person will work with manufacturing, supply chain, and production teams to ensure accurate financial reporting and build scalable processes.
What you will do
- Own the standard costing process and maintain cost accounting standards in the ERP.
- Own inventory valuation and related financial reporting impacts in accordance with GAAP.
- Own month-end close activities for inventory and cost accounting.
- Lead analysis of purchase price, usage, labor, overhead, and yield variances.
- Ensure ERP integrity through analysis and coordination with various departments.
- Partner with Manufacturing Finance and Supply Chain Finance on overhead and raw material costs.
- Partner with production and operations to resolve root causes of variances.
- Define standards of excellence and implement controls for cost accounting.
- Identify and execute improvements to streamline and automate processes.
- Support decision-making with financial analysis and support audits.
Required qualifications
- 7-9 years of accounting experience, including significant cost accounting experience in a manufacturing environment
- Hands-on experience with standard costing, including cost roll-ups, variance analysis, and inventory valuation
- Strong grasp of GAAP and cost accounting principles for inventory and cost of goods sold, and of inventory management practices
- Experience owning month-end close activities for inventory and cost accounting
- Understanding of how data flows between production, manufacturing execution, and ERP systems (e.g., PMS, MES, and ERP)
- Extremely strong Excel skills, especially advanced financial modeling and analytical techniques
- Ability to streamline and automate complex processes
- Excellent analytical skills with a strong focus on accuracy and attention to detail
- Excellent communication skills and high confidence in stating professional opinions to cross-functional and senior stakeholders
- Ability to work independently and under pressure in a fast-paced environment, prioritize against deadlines, and solve problems as they arise
- Bachelor’s degree in Accounting or Finance
- Prolonged periods of sitting at a desk and working on a computer
Nice to have
- NetSuite experience
- CPA or CMA
- Experience in high-growth, defense, aerospace, shipbuilding, robotics, or deep-tech manufacturing environments
- Experience with low-volume, high-complexity, or program-based manufacturing and the transition from prototype to production costing
- Experience with overhead absorption and overhead rate methodologies
- Experience with standard costing
- Experience with government contract costing or cost accounting standards
- Experience supporting internal and external audits of inventory and cost accounting
- Experience establishing or scaling cost accounting processes and controls
Benefits
- Medical Insurance: Saronic pays 100% of the premium for employees and 80% for dependents
- Dental and Vision Insurance: Saronic pays 100% of the premium under the basic plan for employees and 80% for dependents
- Generous PTO and holidays
- Paid maternity and paternity leave
- Competitive Salary with opportunities for performance-based bonuses
- 401(k) plan with company match
- Stock Options
- Basic life insurance and short- and long-term disability coverage
- Discounted pet insurance options, including a 24/7 telehealth helpline
- Free lunch and unlimited free drinks and snacks in the office
Before you apply
- Requires access to export-controlled information or items that require U.S. Person status (U.S. citizens, legal permanent residents, or certain protected classes asylees and refugees)
About the company
Saronic Technologies is a leader in revolutionizing autonomy at sea, dedicated to developing state-of-the-art solutions that enhance maritime operations through autonomous and intelligent platforms.