Cost & Inventory Accountant

Boston Dynamics Inc

Waltham, MA

JOB DETAILS
SALARY
$101,000–$139,000 Per Year
SKILLS
Accounting, Accounting Close, Analysis Skills, Automation, Bill of Materials (BOM), Communication Skills, Compensation and Benefits, Cost Accounting, Cost Allocation, Cost Analysis, Cost Control, Cost Estimates, Cost Modeling, Cross-Functional, Data Modeling, Detail Oriented, ERP (Enterprise Resource Planning), Establish Priorities, FIFO, Finance, Financial Analysis, Financial Management, Financial Operations, Financial Planning and Analysis (FP&A), Financial Trend Analysis, Flux Analysis, Gross Margin, Interpersonal Skills, Inventory Costs, Inventory Cycle Counts, Inventory Management, Journal Entries, Leadership, Logistics, Manufacturing Cost, Manufacturing/Industrial Processes, Microsoft Excel, Operations Management, Physical Inventory, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Product Costing, Profit & Loss, Purchasing/Procurement, Reconciliation, Robotics, Standard Costing, Time Management, Warehousing, Writing Skills, YouTube
LOCATION
Waltham, MA
POSTED
30+ days ago

As a Cost/Inventory Accountant, 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 Cost/Inventory Accountant 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. Every day, 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:

  • Assist in managing the tracking and monitoring of inventory movement, capitalization, and reserves (including excess and obsolete inventory).
  • Complete inventory/cost accounting for month-end financial close: enter 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.
  • 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.

Qualifications:

  • Bachelor's Degree in Finance or Accounting
  • 5+ years of progressively responsible experience in an inventory or cost accountant function
  • Preferred Qualifications:
  • 3+ years of professional work experience working with advanced ERP applications
  • 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

Benefits and Compensation:

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.

The base pay range for this position is between $101,000.00 to $139,000.00 annually. Base pay will depend on multiple individualized factors, including, but not limited to, internal equity, job-related knowledge, skills, and experience. This range represents a good-faith estimate of compensation at the time of posting.

Boston Dynamics offers a generous Benefits package including medical, dental, vision, 401(k), paid time off, and an annual bonus structure. Additional details regarding these benefit plans will be provided if an employee receives an offer for employment.

About the Company

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Boston Dynamics Inc