Inventory and Cost Accounting Manager

Castelion CorporationTorrance, CA
15d

About The Position

The Inventory and Cost Accounting Manager will play a key role in leading, developing, and analyzing inventory and cost-related activities in a dynamic manufacturing environment. This individual will be responsible for ensuring accurate inventory records, maintaining inventory reconciliations, analyzing standard vs. actual costs, and working closely with the production and engineering teams to ensure accurate and timely routing updates. Proficiency in NetSuite Inventory Management, Manufacturo MES, or comparable systems is strongly preferred.

Requirements

  • Bachelors degree in Accounting, Finance, or related field
  • Minimum 5 years of cost accounting experience in a manufacturing environment
  • Proficiency in NetSuite Inventory Management or similar ERP is required
  • Strong understanding of US GAAP, including ASC 330, and standard costing methodologies
  • Experience with inventory reconciliation, cycle counting, and physical inventory procedures
  • Strong understanding of standard cost vs. actual cost analysis, variance reporting, and cost control
  • Experience with routing, BOM validation, and cross-collaboration with supply chain, manufacturing, and engineering stakeholders
  • Audit Experience (external or internal)
  • Advanced Excel skills (pivot tables, lookups)
  • Strong analytical, organizational, and communication skills
  • High attention to detail with a proactive, problem-solving mindset

Nice To Haves

  • CPA Preferred
  • Exposure to early-stage, vertically integrated manufacturing environments
  • Interest in or passion for national security, aerospace, and building hardware that matters

Responsibilities

  • Oversee all aspects of inventory accounting, including inventory tracking of raw materials, work-in-progress (WIP), and finished goods, sub-ledger maintenance, and develop inventory accounting procedures to ensure accuracy and efficiency
  • Perform monthly and year-end inventory reconciliations including raw materials, WIP, finished goods in NetSuite and Manufacturo, investigate and resolve variances
  • Manage the inventory month-end close process including preparation and approval of journal entries, roll forward schedules, and financial account reconciliations
  • Perform quarterly lower of cost or net realizable value assessment and maintain reserves for excess and obsolete (E&O) inventory in accordance with US GAAP
  • Act as primary finance liaison in physical inventory counts, review cycle count results, and investigate variances as needed
  • Identify inventory valuation discrepancies and coordinate resolution across departments
  • Develop and maintain standard cost structures for materials, labor, and overhead NetSuite Inventory Management
  • Perform monthly cost roll-ups and lead standard vs. actual cost variance analysis (purchase price, usage, labor, overhead); investigate root causes and recommend corrective actions to leadership
  • Ensure the accuracy of Bills of Materials (BOMs) and routings within NetSuite Inventory Management to maintain precise product costing
  • Collaborate with supply chain and manufacturing stakeholders to prepare and analyze manufacturing costs and margin reports to provide accurate insights for pricing decision-making
  • Develop cost accounting procedures and implement best practices to improve accuracy and efficiency
  • Prepare and provide cost-related documentation and analysis for external audits

Benefits

  • All employees are granted long-term stock incentives as part of their employment at Castelion.
  • All employees receive access to comprehensive medical, vision, and dental insurance, and the company offers four weeks of paid time off per year.
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