Cost Accounting Manager

Nexthop Systems Inc • Santa Clara, CA

13d

About The Position

Nexthop.ai is seeking a Cost Accounting Manager to establish and own the cost accounting foundation for its contract manufacturing operations as the company rapidly scales production. The role owns product costing, inventory accounting, and manufacturing overhead, and partners closely with Operations, Supply Chain, and the contract manufacturing team.

The manager is responsible for product costing and inventory processes, manufacturing overhead planning and analysis, inventory reserves and adjustments, physical inventory accuracy, and timely month-end close. The role also maintains inventory and costing controls, supports audits, and serves as the finance expert for ERP costing and inventory functionality, improving data integrity and reporting.

Requirements

• Bachelor’s degree in Accounting or Finance.
• At least 7 years of progressive cost accounting experience in a manufacturing environment, including at least 3 years managing people.
• Hands-on product costing experience, including standard costing, BOM cost rolls, labor and overhead rates, and variance analysis.
• Experience with contract manufacturing and consigned inventory.
• Strong knowledge of U.S. GAAP inventory accounting (ASC 330).
• Advanced Excel and ERP skills.

Nice To Haves

• Experience with contract manufacturing and consigned inventory in electronics or hardware.

Responsibilities

• Own standard costs, BOM and routing cost rolls, inventory revaluations, labor and overhead absorption rates, and work-in-process accounting; analyze and explain manufacturing variances and gross margin.
• Reconcile consigned inventory balances with the contract manufacturer and ensure the inventory subledger ties to the general ledger monthly.
• Own excess and obsolete (E&O), new product introduction (NPI), and lower-of-cost-or-net-realizable-value reserves; review and approve inventory adjustments and write-offs, and prepare E&O analysis.
• Own the manufacturing overhead budget and forecast by cost center, report actual results against budget to department heads, and track under- or over-absorption.
• Manage physical inventories and cycle counts, drive inventory record accuracy, and book and support count adjustments.
• Deliver cost and inventory month-end close activities on schedule, including journal entries, accruals, reconciliations, and the monthly cost and inventory reporting package.
• Maintain internal controls over inventory and costing, document policies, and support audits.
• Serve as the finance expert for ERP costing and inventory functionality and improve data integrity and reporting.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager