Figureai

Inventory Accounting Manager

San Jose, CA. Posted a month ago

The role

This person will own inventory and cost accounting, including building processes and deploying systems from end to end. They will manage cost models, fixed assets, and lease accounting.

What you will do

  • Track and reconcile inventory across raw materials, subassemblies, WIP, and finished goods
  • Manage data integrity between ERP (NetSuite) and operational systems (MES, PLM, WMS)
  • Maintain cost model, including overhead allocation and labor/machine rates
  • Analyze purchase price variances, material usage variances, and production inefficiencies
  • Maintain fixed asset schedules and manage capitalization policies for PP&E
  • Ensure proper classification between R&D prototypes vs. capitalizable production assets
  • Track depreciation and coordinate asset lifecycle management
  • Lead the automation of end-to-end transaction workflows and balance sheet reconciliations
  • Support with growing volume of transactions
  • Prepare technical accounting memos

Required qualifications

  • Bachelor’s in Accounting, Finance, or a related field
  • 8+ years in accounting
  • 5+ years in cost and inventory accounting at a hardware or manufacturing company
  • Deep expertise of US GAAP for inventory accounting (ASC 330), fixed assets (ASC 360), leases (ASC 842), and of the R&D vs. capitalizable cost distinction
  • Hands-on NetSuite experience
  • Experience with systems integration and reconciling ERP data against MES, PLM, and WMS systems
  • Strong attention to detail, organizational skills, and a knack for identifying and resolving discrepancies
  • Track record of designing and documenting controls and processes from scratch in a fast-scaling environment
  • Exceptional verbal and written communication skills

Nice to have

  • CPA preferred
  • Prior experience as a manager at a high-growth company is a plus
  • NetSuite experience, ideally including inventory and manufacturing modules

About the company

Figure is an AI robotics company developing autonomous general-purpose humanoid robots. The company is headquartered in San Jose, CA.

Inventory Accounting Manager at Figureai | JobZoey