Cost Accountant

About the role

The Cost Accountant will support inventory and cost accounting activities in a fast-growing consumer goods environment. This role is responsible for maintaining accurate inventory and COGS reporting, supporting month-end close, and driving cost tracking related to production, freight, and warehousing.

Responsibilities

• Support month-end close activities related to inventory, COGS, and cost-related accruals; ensure accurate cut-off and proper classification of inventory-related spend
• Prepare and maintain inventory reconciliations between the ERP system (NetSuite preferred), 3PL reports, and the general ledger on a monthly basis
• Aid with landed cost tracking, including freight, duties, and other inbound logistics costs; ensure proper allocation to inventory
• Support cost updates and review standard costs, purchase price variances (PPV), and bill of materials (BOM) costing to ensure accuracy
• Track and analyze inventory adjustments, write-offs, and reserves for obsolete, slow-moving, or damaged inventory
• Partner with Supply Chain and Operations teams to validate inventory movements and ensure financial reporting reflects actual inventory positions
• Assist with cycle count and physical inventory processes, including variance investigation, root cause analysis, and reconciliation to the general ledger
• General Accounting & Month-End Close: Support month-end, quarter-end, and year-end close processes; prepare journal entries and supporting schedules related to inventory, COGS, accruals, and reserves
• Take ownership of miscellaneous month-end accounting tasks as assigned, including prepaid amortization, accrual true-ups, intercompany entries, and other general ledger close items to ensure completeness and accuracy of the financial close
• Prepare and review account reconciliations across assigned general ledger accounts; investigate and resolve reconciling items on a timely basis
• Maintain organized documentation and supporting schedules to support external audits, internal reviews, and compliance requests
• Ensure compliance with GAAP, internal accounting policies, and Shared Services procedures; flag exceptions or control gaps to the Accounting Manager
• Aid in SOX-readiness, internal control documentation, and remediation of audit findings as applicable
• Reporting & Analysis: Prepare cost and inventory variance analyses, including PPV, absorption variances, and freight cost trends; summarize findings for the Accounting Manager and Finance leadership
• Support analysis of obsolete inventory, slow-moving stock, and inventory reserve movements on a monthly basis
• Aid in the preparation of balance sheet reconciliations and P&L fluctuation commentary related to cost and inventory accounts
• Provide ad hoc cost and inventory reporting to support cross-functional teams including Operations, Supply Chain, and FP&A
• Process Improvement, AI & Systems: Actively leverage AI tools and automation technologies to drive efficiencies across accounting workflows — including reconciliations, journal entry preparation, variance analysis, and close reporting — reducing manual effort and improving accuracy
• Identify opportunities to apply AI-assisted solutions to standardize and scale recurring accounting processes; champion adoption of new tools within the Shared Services team
• Use AI and data tools to improve team productivity — including building smarter reporting templates, automating routine data pulls, and accelerating the preparation of supporting schedules and close packages
• Partner with Accounting and IT teams to optimize ERP workflows and reporting (NetSuite preferred); support system enhancements, integrations, and data integrity initiatives
• Maintain and update SOPs and process documentation for inventory and general accounting procedures; ensure documentation reflects current AI-enabled workflows and supports scalability and audit readiness

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required
• 2–4+ years of accounting experience; prior exposure to inventory or cost accounting in a consumer goods, CPG, or manufacturing environment strongly preferred
• Experience with ERP systems (NetSuite preferred); advanced Excel skills required
• Working knowledge of GAAP; CPA or CMA pursuit a plus
• Experience in a Shared Services or high-volume transactional accounting environment a plus
• Demonstrated interest in or experience with AI tools, automation platforms, or data analytics in an accounting or finance context strongly preferred

Benefits

• $120,000-130,000 annually*
• Bonus Opportunity
• Health Benefits - 100% employer-paid medical, dental & vision coverage
• Flex Time Off - No cap on personal time off and paid company holidays
• Seasonal Flex Days - Flexible scheduling to enjoy extra time under the sun during the Spring & Summer season
• Parental Leave - Up to 18 weeks paid parental leave
• 401(k) - Save for your future with a 401(k) with a company match
• Flexibility & Wellness Stipends - Monthly stipends to support remote work & self-care
• ILIA Products - Quarterly stipend to replenish your favorite products and try new ones