Cost Accounting Manager

Commonwealth Fusion Systems•Devens, MA

1d•$150,000 - $225,000•Onsite

About The Position

Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy. Combining decades of research, top talent, and new technologies, weâre designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future. Weâre in the best position to make it happen. Since 2018, weâve raised nearly $3 billion in capital, making us the largest and leading private fusion company in the world. Now weâre looking for more thinkers, doers, builders, and makers to join us. People whoâll bring new perspectives, solve tough problems, and thrive as part of a team. If thatâs you and this role fits, we want to hear from you. Join the power movement as Cost Accounting Manager The Cost Accounting Manager will be responsible for developing and leading management accounting initiatives for the company, with a focus on ensuring the costs of materials, magnet manufacturing sub-assemblies, and subsystems that make up SPARC, our fusion energy machine, are accounted for timely and accurately in our ERP.

Requirements

Bachelorâs degree in Business Administration or Accounting or similar field preferred
Minimum of 7 years experience in Accounting, including a minimum of 5 years in supervisory role
Experience with ERP Systems
Proven experience as a cost accountant, cost analyst, or similar role, with a focus on data analysis and strong knowledge of cost accounting principles and practices
Experience using a large ERP system
Perform extended activities such as stooping, climbing, typing, standing, sitting, etc.
Willingness to travel or work required nights/weekends/on-call occasionally
Work in a facility that contains industrial hazards including heat, cold, noise, fumes, strong magnets, lead (Pb), high voltage, high current, pressure systems, and cryogenics

Nice To Haves

Experience in an organization funded by government grants or contracts

Responsibilities

Develop and implement robust cost accounting policies, procedures, and controls to ensure accurate cost allocation, tracking, and reporting
Manage the inventory costing process, including the documentation and update of costing methods for materials, labor, and overheads
Coordinate with the FP&A and engineering teams to ensure the accuracy of Bills of Materials, capitalized inventory, and R&D expense
Coordinate with the logistics team to oversee the annual physical inventory count and inventory cycle counts; including assisting with root cause/corrective actions
Perform variance analysis of actual costs against expected costs in cooperation with financial analysts, investigating and explaining significant discrepancies
Lead audit preparation and preparation of deliverables, as it relates to inventory, work-in-process, construction-in-process, and certain fixed assets
Drive special projects to elevate the cost accounting function, such as ERP process enhancements and internal controls
Lead and develop a team of 1-2 accountants
Primary reviewer of account reconciliations and journal entries with accountability for related internal controls.
Prepare and analyze all grant accounting revenue and expenses driven on a reimbursement basis, ensuring all documentation is audit-ready
Drive improvements to processes and procedures