Inventory and Cost Accounting Manager
Castelion · Torrance, CA · 3 wk ago
On-siteEngineeringFull-time
Responsibilities
- Inventory Management & Reporting
- 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 Manufacturing, 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.
- Quarterly lower of cost or net realizable value assessment and maintain reserves for excess and obsolete (E&O) inventory in accordance with US GAAP.
- Identify inventory valuation discrepancies and coordinate resolution across departments.
- Cost Accounting & Analysis
- Develop and maintain standard cost structures for materials, labor, and overhead.
- NetSuite Inventory Management.
- 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.
Requirements
- Bachelor's 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.
Qualifications
- CPA Preferred.
- Exposure to early-stage, vertically integrated manufacturing environments.
- Interest in or passion for national security, aerospace, and building hardware that matters.
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.
- The company offers four weeks of paid time off per year.
Pay
- Commensurate with experience.
Schedule
- TBD.
ITAR Requirements
- To conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State.