What are the responsibilities and job description for the Cost Accountant position at W3Global?
Description
As we expand into the physical world, our supply chain and financial operations are evolving rapidly. We are looking for a highly capable Cost Accountant to help manage the day-to-day operations of our new hardware payables and inventory.
In this role, you will be a foundational player in our hardware financial operations. You will navigate newly established workflows, bringing rigor and accuracy to our internal assembly tracking, cost of goods sold (COGS), and procurement processes as this new product line scales.
What You Will Do
As we expand into the physical world, our supply chain and financial operations are evolving rapidly. We are looking for a highly capable Cost Accountant to help manage the day-to-day operations of our new hardware payables and inventory.
In this role, you will be a foundational player in our hardware financial operations. You will navigate newly established workflows, bringing rigor and accuracy to our internal assembly tracking, cost of goods sold (COGS), and procurement processes as this new product line scales.
What You Will Do
- Accounts Payable & Procurement: Process hardware-related Accounts Payable, execute PO matching and manage vendor payments and support vendor statement reconciliations.
- Inventory Tracking & Assembly: Track and reconcile inventory movements across our internal warehouse, including the tracking of raw materials and finished goods for our in-house assembly operations. Reconcile inventory subledger to the general ledger on a recurring basis and investigate and resolve inventory discrepancies with operations.
- Inventory Count Coordination: Partner with the hardware operations team to coordinate and audit periodic cycle counts and annual physical inventory audits, document variances and assist in reconciliation and adjustment entries.
- COGS Management: Track, calculate, and reconcile Cost of Goods Sold, accurately accounting for component costs, freight, and standard labor/overhead application.
- Month-End Execution: Execute the month-end inventory and AP close processes, prepare journal entries, reconciliations and supporting schedules and ensure timely and accurate close of inventory-related accounts
- Variance & Master Data: Track and report purchase price variances against standard costs for review and maintain hardware master data in the ERP, including SKUs and Bills of Material.
- Workflow Execution: Operate effectively within our newly implemented financial systems, actively bridging the gap between hardware operations and accounting. Support ongoing system and process improvements
- Experienced & Hands-On: You have 3 years of progressive cost and inventory accounting experience, specifically within a business that deals with physical products, hardware, or in-house assembly.
- Systems Savvy: You have strong experience navigating and adapting to modern financial ERP systems. NetSuite experience is highly preferred.
- Process-Oriented: You understand the mechanics of Bills of Material (BOM), standard costing, and how to untangle complex freight and component invoices.
- Detail-Driven: You possess a sharp eye for accuracy, whether you are calculating landed costs or reconciling a complex vendor statement.
- Adaptable & Resilient: You thrive in a fast-paced environment and are comfortable operating in a space where workflows are newly established and continuously improving.
Salary : $70,000 - $90,000