Job Description
Job description
As a Manager, Cost Accounting, you will contribute to Boston Dynamics’s short-term and long-term OKR’s, cost savings, and profitability through improved gross margins and inventory management. The Manager, Cost Accounting is responsible for inventory and cost accounting oversight, accurate financial records, and building cross-functional stakeholder relationships. The incumbent leverages strong, detail-oriented analytical and problem-solving skills, and must have the ability to recognize and understand the cross functional impact of transactions. On a daily basis, you will work with the finance and operations teams, managers and senior leadership on engineering change, product costing, and inventory management. To thrive in this role, you must have strong communication skills, proficiency in excel, and the ability to prioritize tasks, work on multiple engagements and manage rapidly changing assignments.
Boston Dynamics is a world leader in mobile robots, tackling some of the toughest robotics challenges. For years, our awe-inspiring viral videos on YouTube have shown the world what remarkably capable robots can do. Now we are quickly becoming a recognized leader in automation solutions for industrial applications and warehouse logistics.
Key Responsibilities:
• Complete inventory/cost accounting for month end financial close: post journal entries, prepare account reconciliations, inventory flux analysis and reporting, and analyze labor and overhead allocation.
• Ensure accuracy and integrity of bills of material, including changes in the manufacturing processes for existing products and accurate costing of bills of material for new products.
• Manage the tracking and monitoring of inventory movement, capitalization, and reserves (including excess and obsolete inventory).
• Collaborate with the Finance and Operations teams to drive process improvement and cost reductions.
• Develop, analyze and maintain expected costs for all products. Proactively identify omissions and errors in costing information.
• Establish, maintain and update effective manufacturing cost allocation and cost classification models with the Finance and Operations departments.
• Manage the physical inventory and cycle counts to ensure internal controls are functioning as designed.
• Work with the Accounting and FP&A team to understand gross margin and inventory trends, and provide timely and insightful financial analysis of costs and margins to business/product unit leaders.
• Develop cost estimates for potential new products and projects in conjunction with the Finance, Purchasing and Operations Teams.
• Lead the development and maintenance of comprehensive cost accounting policies and procedures.
• Other duties, as assigned.
Qualifications:
Basic Qualifications
• Bachelor’s Degree in Finance or Accounting
• 5+ years of progressively responsible experience in an inventory or cost accountant function
Preferred Qualifications:
• 8+ years of professional work experience working:
• With advanced ERP applications
• With FIFO or Standard cost accounting
• Analyzing cost related data and models
• Advanced Microsoft Excel experience
• Demonstrated history of successfully managing multiple concurrent initiatives, maintaining one’s own workflow amidst competing priorities, and meeting project deadlines
• Strong interpersonal skills including written and verbal communication, collaboration, and problem solving
• Demonstrated ability to work well under pressure while maintaining a professional demeanor
We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas for this position.
Boston Dynamics will never ask you to divulge your personal financial or account information as part of its recruiting process.
#LI-CG1
As a Manager, Cost Accounting, you will contribute to Boston Dynamics’s short-term and long-term OKR’s, cost savings, and profitability through improved gross margins and inventory management. The Manager, Cost Accounting is responsible for inventory and cost accounting oversight, accurate financial records, and building cross-functional stakeholder relationships. The incumbent leverages strong, detail-oriented analytical and problem-solving skills, and must have the ability to recognize and understand the cross functional impact of transactions. On a daily basis, you will work with the finance and operations teams, managers and senior leadership on engineering change, product costing, and inventory management. To thrive in this role, you must have strong communication skills, proficiency in excel, and the ability to prioritize tasks, work on multiple engagements and manage rapidly changing assignments.
Boston Dynamics is a world leader in mobile robots, tackling some of the toughest robotics challenges. For years, our awe-inspiring viral videos on YouTube have shown the world what remarkably capable robots can do. Now we are quickly becoming a recognized leader in automation solutions for industrial applications and warehouse logistics.
Key Responsibilities:
• Complete inventory/cost accounting for month end financial close: post journal entries, prepare account reconciliations, inventory flux analysis and reporting, and analyze labor and overhead allocation.
• Ensure accuracy and integrity of bills of material, including changes in the manufacturing processes for existing products and accurate costing of bills of material for new products.
• Manage the tracking and monitoring of inventory movement, capitalization, and reserves (including excess and obsolete inventory).
• Collaborate with the Finance and Operations teams to drive process improvement and cost reductions.
• Develop, analyze and maintain expected costs for all products. Proactively identify omissions and errors in costing information.
• Establish, maintain and update effective manufacturing cost allocation and cost classification models with the Finance and Operations departments.
• Manage the physical inventory and cycle counts to ensure internal controls are functioning as designed.
• Work with the Accounting and FP&A team to understand gross margin and inventory trends, and provide timely and insightful financial analysis of costs and margins to business/product unit leaders.
• Develop cost estimates for potential new products and projects in conjunction with the Finance, Purchasing and Operations Teams.
• Lead the development and maintenance of comprehensive cost accounting policies and procedures.
• Other duties, as assigned.
Qualifications:
Basic Qualifications
• Bachelor’s Degree in Finance or Accounting
• 5+ years of progressively responsible experience in an inventory or cost accountant function
Preferred Qualifications:
• 8+ years of professional work experience working:
• With advanced ERP applications
• With FIFO or Standard cost accounting
• Analyzing cost related data and models
• Advanced Microsoft Excel experience
• Demonstrated history of successfully managing multiple concurrent initiatives, maintaining one’s own workflow amidst competing priorities, and meeting project deadlines
• Strong interpersonal skills including written and verbal communication, collaboration, and problem solving
• Demonstrated ability to work well under pressure while maintaining a professional demeanor
We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas for this position.
Boston Dynamics will never ask you to divulge your personal financial or account information as part of its recruiting process.
#LI-CG1
💡 Quick Summary
Seeking a career-building opportunity? The Cost Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Waltham offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
