Senior Cost Accountant
About the Role
Ampersand Brands is seeking a senior individual contributor to own standard cost and consolidated inventory across Hammond’s Candies and Lolli & Pops. This is the company’s first true cost-ownership role. You will set the cost basis for every unit produced and shipped, roll it up to a consolidated cost and inventory position, and provide leadership with accurate margin insights by product and account. Reporting to the VP Corporate Controller, you will be the technical owner of the cost function.
First 90 Days
Your initial focus will be to rebuild the cost allocation from a fixed percentage to real drivers across both brands. You will implement standard costs tied to actual usage, rates, and mix, then rebuild inventory valuation on these drivers to ensure accurate margin reporting.
Responsibilities
- Prepare and book the monthly consolidated cost and inventory close, reconciling inventory to the GL.
- Own, update, and maintain the driver-based cost allocation model and methodology across both brands, providing allocations for booking and setting cost standards.
- Build and maintain standard costs across manufacturing and wholesale.
- Value inventory and analyze purchase price and usage variances against actual drivers at the consolidated level.
- Report wholesale margin by account, net of freight and trade deductions, and explain margin movements.
- Cost the supply chain for wholesale and ecomm, including inbound/outbound freight, warehouse handling, fulfillment, and platform fees, then report landed margin by channel.
- Consume PO and receipt data to explain variances.
- Eliminate inter-company cost and margin between the two brands in consolidated reporting.
Requirements
- Five or more years in accounting, including hands-on ownership of a month-end cost and inventory close that rolled up to a consolidated number.
- Direct experience building and maintaining standard costs at a manufacturer, food, CPG, wholesale, or multi-channel (wholesale and ecomm) company.
- A track record of executing doer-level work: preparing, booking, reconciling, valuing, closing, and analyzing variances.
- Strong US GAAP knowledge.
- Comfort working independently in a lean function.
Preferred Qualifications
- CPA certification.
- Master’s degree in accounting.
- Early-career experience in an audit firm.
- Proficiency with Sage software.
Future Growth
This role is designed to scale with your contributions. As you refine the cost model, you will have the opportunity to lead and expand the cost function.
Pay
105,000 – 120,000 USD per year (Corporate or Remote within the United States).