Senior Cost Accountant

RED CAT HOLDINGS•Salt Lake City, UT

36d•Onsite

About The Position

Red Cat Holdings is seeking a full-time Senior Cost Accountant. Red Cat is a rapidly growing public defense technology company providing all-domain drones and robotic solutions for defense and national security. Its portfolio includes small, unmanned aircraft systems, uncrewed surface vessels, wireless power transfer technology, and autonomous swarming software supporting operations across air, land, sea, and space. This role will develop, maintain, and support inventory and cost accounting processes and systems, including product costing, inventory valuation, standard costs, manufacturing variances, reserves, and related financial reporting. This role will be located at the corporate HQ in Salt Lake City.

Requirements

Bachelor’s degree in accounting or finance required
2–4 years of experience in inventory accounting, cost accounting, or manufacturing accounting
Experience in a manufacturing or inventory-intensive environment strongly preferred
Hands-on experience operating within an established standard-costing environment
Strong understanding of U.S. GAAP, particularly inventory valuation and cost accounting
Advanced proficiency in Microsoft Excel (variance analysis, pivot tables, lookups)
Experience with ERP systems, preferably SAP
Strong analytical skills with the ability to clearly explain cost drivers and variances
High attention to detail with strong reconciliation and documentation skills
Ability to work independently and manage multiple priorities in a deadline-driven environment
Effective communicator able to partner with cross-functional teams
Willingness to work occasional overtime during close, audit, or special projects
Demonstrated professionalism and discretion when handling sensitive financial information
Adaptable and effective in a fast-paced, evolving environment
Must be able to walk, stand, and navigate large indoor and outdoor facilities for extended periods of time.
Ability to lift, carry, and move materials and equipment weighing up to 25 lbs on a regular basis.
Use of personal protective equipment (PPE) may be required in designated areas or when performing specific tasks, in accordance with safety protocols and company policy.
May be required to climb ladders, stoop, kneel, or crouch during inspections, maintenance walk-throughs, or emergency response situations.
Regular exposure to facility operations including noise, dust, temperature fluctuations, and industrial equipment.
Occasional off-hours or weekend work required for emergency facility responses or projects as needed
Requires frequent use of a computer and other standard office equipment for documentation, communication, and coordination tasks.
Successful candidates for positions subject to ITAR/EAR restrictions must provide proof of U.S. Citizenship or Permanent Residence and must not require sponsorship for export-restricted work authorization.

Nice To Haves

CMA or CPA preferred

Responsibilities

Own and maintain accounting for inventory, cost of goods sold, inventory reserves, variances, and related balance sheet accounts, including preparation and review of journal entries and reconciliations
Review and reconcile the inventory subledger to the general ledger, including raw materials, WIP, and finished goods
Monitor and account for inventory adjustments, including cycle counts, physical counts, scrap, obsolescence, and excess and slow-moving inventory reserves
Support month-end and quarter-end close activities related to inventory and cost accounting, ensuring a timely and accurate close
Serve as the primary owner of the standard costing environment, including: Maintaining and validating standard costs for materials, labor, and overhead
Analyzing and explaining purchase price, usage, labor, and manufacturing variances
Reviewing standard cost accuracy and recommending updates as needed
Perform ad hoc cost analyses and support management requests related to margins, pricing, and inventory trends
Prepare inventory and COGS support for external auditors, including cost build-ups, variance explanations, inventory rollforwards, and audit PBC schedules
Assist with SEC reporting support for Form 10-Q and Form 10-K disclosures related to inventory, COGS, and cost accounting
Draft and maintain accounting memoranda and process documentation related to inventory valuation, standard costing, and manufacturing accounting under U.S. GAAP
Support the development and enhancement of inventory and cost accounting policies, procedures, and internal controls
Ensure compliance with SOX and ICFR requirements, including control design, documentation, testing, and remediation
Partner closely with Operations, Supply Chain, Manufacturing, and IT to ensure accurate product costing and inventory transactions
Assist with system implementations and enhancements, including SAP Business One, particularly for inventory, BOM, and costing configurations