Cost Accounting Lead

Symbotic hiring for Cost Accounting Lead jobs in Lynnfield, MA, US

Who we are

With its A.I.-powered robotic technology platform, Symbotic is changing the way consumer goods move through the supply chain. Intelligent software orchestrates advanced robots in a high-density, end-to-end system - reinventing warehouse automation for increased efficiency, speed and flexibility.

What we need

We are looking for an experienced Cost Accounting Lead to join Symbotic's Controllership team within our Finance organization. In this role you will work closely with the Finance, Operations and Supply Chain teams to effectively oversee all inventory processes, the warranty program, support monthly closing, forecast and budgeting activities, analyze and interpret financial performance, and other ad-hoc reporting/analysis. Additionally, you will be responsible for ensuring adherence to a robust control environment and managing the implementation of any new policies and procedures.

What we do

The Controllership team is part of the Finance organization, a critical financial business partner for the Company. Finance functions include General Accounting, Accounts Payable & Receivable, Internal Audit, FP&A. Our Finance team is a trusted source for financial information and guidance for our internal customers, partners, customers, suppliers, regulators, and stakeholders.

What you'll do

• Drive operational improvements and efficiencies on all core inventory processes improve profitability and ensure compliance
• Work with inventory control team to monitor, track and reconcile inventory transactions and inventory held at 3rd parties.
• Document internal controls, processes and procedures related to cost accounting to ensure SOX compliance
• Work closely with the supply chain team to understand production schedules, contracts, inventory movements and other supply chain matters in order to ensure inventory is fairly stated on the balance sheet
• Lead continuous process improvement projects in the inventory control, warranty, and E&O reserve requirement area
• Support warranty program forecasting, analytics, and identify opportunities to improve processes
• Perform monthly financial close activities including accounting for repair activity, overhead expenses, overhead allocations, inventory, and cost-of-goods-sold
• Ensure accuracy and reliability of general ledger/trial balance for the inventory grouping of accounts and COGS
• Monitor, measure and refine KPIs, metrics and operational performance
• Oversee processes to manage material costing and perform variance analysis such as Purchase Price Variance and Production Variance
• Review, report and provide commentary/analysis of costs against prior periods, plan and latest forecast
• Participate in the maintenance and review for manufactured items and prepare cost estimate for new products
• Assist in the completion of annual budgets and forecast
• Assist with and ensure successful quarterly and year end audits
• Prepare ad hoc reporting and analyses and assist team with research on cost accounting questions and assist with special projects, as requested
• Up to 10% travel may be requested

What you'll need

• 4-year college degree (Accounting), from an accredited institution, and/or equivalent work experience in a related field
• Eight (8) + years accounting/finance experience, including a minimum of Two (2) + of cost accounting experience or equivalent work experience
• Solid understanding of fundamental cost accounting theories and concepts
• Strong interpersonal and communication skills (i.e. oral and written)
• Experienced in the use of integrated ERP software; SAP experience is preferred
• Demonstrates a strong understanding of inner workings of accounting process and systems
• Advanced Microsoft Excel user, proficient with functions, pivot tables and data analysis
• Ability to meet deadlines in a fast-paced environment with multiple priorities
• Desire to drive business process improvements and performance
• Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
• Strong organizational skills and time management skills

Other considerations

• Up to 10% of travel may be requested . Employees must have a valid driver's license and the ability to drive and/or fly to client and other customer locations.

• The employee is responsible for owning a credit card and managing expenses personally to be reimbursed on a bi-weekly basis.

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About Symbotic

Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, AI-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world's largest retail, wholesale, and food & beverage companies. Applying next-gen technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce the Symbotic platform transforms the flow of goods and the economics of supply chain for its customers. For more information, visit www.symbotic.com .

We are a community of innovators, collaborators and pioneers who embrace our differences, because we know unique perspectives make us stronger and smarter. Every perspective matters. We depend on the collective voices of our employees, customers and community to help guide us as we build a better place to work - for you and the world. That's why we're proud to be an equal opportunity employer.

We do not discriminate based on race, color, ethnicity, ancestry, religion, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, or genetic information.