Jobs · Engineering · California

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.

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