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Inventory & Cost Accounting Manager

Accounting & Finance · Seattle, Washington

First Mode is a creative engineering company solving the toughest problems on and off the planet, with the goal of having an outsized impact on the world around us. We build the barely possible.  

From our state-of-the-art manufacturing and production facilities in Seattle and Perth, we design and deliver resilient, reliable solutions for the most demanding and constrained frontiers in existence. In the last year our engineers built a 2MW hydrogen fuel cell and battery powerplant to retrofit a three-story, 300-metric-ton-capacity diesel haul truck; designed the power source and refueling system for the world’s first endurance race vehicle to be powered by liquid hydrogen; and delivered spaceflight hardware headed 370 million kilometers from Earth to asteroid 16 Psyche. 

While each project is unique, we typically meld together robotics, automation, systems engineering, modeling and simulation, and advanced fabrication to create a new future across many industries. If you have exceptional talent and a vision for the future, we want to talk. 

We are looking to add a motivated and detail-oriented Inventory & Cost Accounting Manager to help us continue to scale our team of world-class talent. In this role, you report directly to the Corporate Controller. Responsibilities include applying accounting principles and procedures for month-end journal entries, account reconciliations, preparing accurate and timely financial reports, and analysis related to inventory, standard costs, and price variances of purchase. This position requires excellent analytical skills and experience in inventory management and variance analysis. To be successful in this role, you must be able to work across multiple departments, including projects, manufacturing, product development, operations, supply chain, and sales.

 Position Responsibilities

  • Maintain databases used for month-end close processes, annual reports, and cost review processes.
  • Perform and own month-end close responsibilities for inventory activity including data extraction, analysis, and completion of journal entries, related inventory reserves, and account reconciliations in accordance with GAAP.
  • Work closely with FP&A, manufacturing, product development, and supply chain to establish accurate standard costs.
  • Analyze and explain variances in purchase price (PPV), material, labor, routing activities, and overhead, and implement necessary corrective actions.
  • Manage project costs, from creating project codes in the ERP system, analyzing timesheets, labor, and expenses allocations to ensuring that all project costs are posted prior to client billings.
  • Finalize the invoice approval with the project manager and billing team.
  • Be the finance business partner for manufacturing and supply chain during planning and budgeting activities.
  • Participate in the implementation of the new ERP system, ensuring maximum integration between manufacturing, supply chain, operations, and accounting.
  • Develop in-depth knowledge of First Mode's accounting and inventory systems and be the "super-user" in the department.
  • Organize the physical inventory process, review monthly cycle count results, investigate discrepancies, and post adjusting entries.
  • Identify and ensure appropriate internal controls are in place and assist with internal control and process testing.
  • Prepare accounting schedules and reporting requirements for external audits.
  • Perform accounting research and ability to interpret guidelines for practical application.
  • Identify areas for improvement and cost savings and be a proactive advocate for change through business process analysis.
  • Perform other ad hoc projects as requested by management and other assigned duties.

Basic Qualifications

  • Bachelor’s Degree in Accounting, Finance or Business is required.
  • 7+ years of accounting experience with strong understanding of GAAP.

Preferred Qualifications

  • Master’s degree in related field a plus.
  • CPA or CMA preferred.
  • Experience using ERP and BI systems to manage inventory, WIP, and COGS activities.
  • 7+ years of inventory or cost accounting experience in manufacturing environment.
  • Strong computer skills utilizing Microsoft Office 365 with emphasis on Excel (advanced formulas).
  • Drives problem definition and advises on how it interfaces with other parts of the company.
  • Acts as a force multiplier, you thrive on making the business better. 
  • Excellent written and verbal communication skills.
  • Rigorous attention to detail, organizational skills, and passion for improving processes.

Additional Requirements

  • Must be willing to travel within the United States and internationally to visit First Mode locations.

Location

  • This position will be located at First Mode’s headquarters in Seattle, WA and will be required to work in office >60% of working hours.

Eligibility

  • To conform to U.S. Government space technology export regulations, including the International Traffic in Arms Regulations (ITAR) you must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR

 Benefits & Perks

  • Participation in equity incentive plan.
  • Competitive compensation and bonus structure.
  • 100% employer-paid health insurance (medical, dental, vision).
  • Flexible PTO with 12 week supplementary paid parental leave and winter shutdown.
  • 401(k) retirement account with a discretionary employer match.
  • Commuter benefits (parking and public transportation).
  • A culture that encourages professional growth with learning and development reimbursements.
  • Open and collaborative workspaces with free office snacks and lunches.
  • Hybrid work model.

Notice to First Mode job applicants: First Mode will never ask you to pay money or provide sensitive personal data to process a job application. If someone representing themselves as being associated with First Mode asks for any personal information as part of an application process, please report this immediately to IT.Sec@firstmode.com

First Mode is an Equal Opportunity Employer; employment with First Mode is governed on the basis of merit, competence, and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin/ethnicity, veteran status, disability status, age, sexual orientation, gender identity, marital status, mental or physical disability or any other legally protected status.