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    Senior Manager or Director of Cost Accounting - Sunnyvale, United States - Vaco

    Vaco
    Vaco Sunnyvale, United States

    3 weeks ago

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    Description
    Senior Manager or Director of Cost Accounting

    Our client is a series F hardware and software startup, providing cutting edge chip technology for AI deep learning applications. They've raised over $500M in funding to date, and they're on pace to double in revenue in 2024. This is a new position to help them get IPO ready and to build the cost accounting function.

    LOCATION:This is a hybrid role 3 days per week in the office in Sunnyvale.

    The Cost Accounting Senior Manager/Director of Cost Accounting will be responsible for leading and overseeing the cost accounting functions within the organization. Your role involves developing cost accounting strategies, managing the cost accounting team, and providing insightful financial analysis to support business decisions. You will ensure accurate cost data, enhance cost control procedures, and contribute to the overall financial health of the company.

    You will play a critical role in managing and optimizing the financial aspects related to cost and inventory accounting. You will oversee and analyze all cost expenditures related to manufacturing processes. You will work closely with Manufacturing, Supply Chain, and accounting teams to develop cost-control systems, monitor business expenses, prepare budget plans, and ensure accurate financial reporting.
    RESPONSIBILITIES:
    Strategic Leadership:
    Develop and implement cost accounting strategies to support the company's financial goals.
    Provide leadership and idrectrion to the cost accounting team, fostering a culture of continuous improvement.

    Cost Accounting Management:
    Oversee the preparation and analysis of cost reports and financial statements inmonth-end and quarter-end closeprocesses.
    Manage cost allocation processes, ensuring accurate assisngment of costs to products and services.
    Develop and maintain standard costing systems and variance analysis.
    Perform cost center budgets, headcount requirements, volume analysis ad raw material pricing analysis.
    Develop and implement accounting policies, procedures, and controls.

    Financial Analysis:
    Conduct detailed cost analysis and present findings to senior management
    Identify cost-saving opportunities and recommend actionable strategies.
    Support pricing strategies by providing cost information and analysis.

    Budgeting and Forecasting:
    Lead the development of cost budgets and forecasts.
    Monitor and report on budget variances, providing explanations and recommendations.

    Compliance and Reporting:
    Ensure compliance with relevant accounting standards, regulations, and company policies.
    Prepare and present cost accounting reports to internal and external stakeholders.
    Coordinate with external auditors during audits.
    Analyze sales and use taxes.

    Processes:
    Ensure compliance withSOX and internal controlsrelated to inventory.
    Identify and implement process improvements to enhance cost accounting accuracy and efficiency.
    Utilize technology and software to streamline cost accounting processes.

    Collaboration:
    Work closely with other departments, such as Production, Supply chain, Sales, and Accounting to ensure alignment on cost management initiatives.
    Provide financial support for cross-functional projects and initiatives.
    QUALIFICATIONS:
    • Bachelor's degree in Accounting, Finance, or related field (Master's preferred).
    • 10+ years of accounting and cost accounting experience in a manufacturing or production environment.
    • CPA or CMA certification is advantageous.
    • Proven experience in cost accounting, financial analysis, and reporting.
    • Strong knowledge of cost accounting principles and Generally Accepted Accounting Principles (GAAP).
    • Excellent communication and leadership and managerial skills.
    • Self-starter with high integrity and a goal-oriented mindset.
    • Ability to work collaboratively and influence cross-functional teams.
    PERSONAL ATTRIBUTES:
    • Detail-oriented with a high degree of accuracy.
    • Strategic thinker with the ability to see the big picture.
    • Proactive and results-driven.
    • Strong ethical standards and integrity.
    • Ability to manage multiple priorities in a fase-paced environment.

    Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

    EEO Notice

    Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

    Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact .

    Vaco also wants all applicants to know their rights that workplace discrimination is illegal.

    By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

    Privacy Notice

    Vaco LLC and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco") respects your privacy and are committed to providing transparent notice of our policies.

    • California residents may access Vaco's HR Notice at Collection for California Applicants and Employees here.
    • Virginia residents may access our state specific policies here.
    • Residents of all other states may access our policies here.
    • Canadian residents may access our policies in English here and in French here.
    • Residents of countries governed by GDPR may access our policies here.

    Pay Transparency Notice

    Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:

    • the individual's skill sets, experience and training;
    • licensure and certification requirements;
    • office location and other geographic considerations;
    • other business and organizational needs.

    With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

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