Cost Accounting Manager
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Job Location:
Devens, MA - USA
Monthly Salary:
Not Disclosed
Posted on:
21 hours ago
Vacancies:
1 Vacancy
Job Summary
About Commonwealth Fusion Systems:
Commonwealth Fusion Systems is on a mission to deliver the urgent transition to fusion energy.
Combining decades of research top talent and new technologies were designing and building commercially viable fusion power plants. And working with policymakers and suppliers to build the energy industry of the future.
Were in the best position to make it happen. Since 2018 weve raised nearly $3 billion in capital making us the largest and leading private fusion company in the world.
Now were looking for more thinkers doers builders and makers to join us. People wholl bring new perspectives solve tough problems and thrive as part of a team.
If thats you and this role fits we want to hear from you.
Join the power movement as Cost Accounting Manager
The Cost Accounting Manager will be responsible for developing and leading management accounting initiatives for the company with a focus on ensuring the costs of materials magnet manufacturing sub-assemblies and subsystems that make up SPARC our fusion energy machine are accounted for timely and accurately in our ERP.
What youll do:
- Develop and implement robust cost accounting policies procedures and controls to ensure accurate cost allocation tracking and reporting
- Manage the inventory costing process including the documentation and update of costing methods for materials labor and overheads
- Coordinate with the FP&A and engineering teams to ensure the accuracy of Bills of Materials capitalized inventory and R&D expense
- Coordinate with the logistics team to oversee the annual physical inventory count and inventory cycle counts; including assisting with root cause/corrective actions
- Perform variance analysis of actual costs against expected costs in cooperation with financial analysts investigating and explaining significant discrepancies
- Lead audit preparation and preparation of deliverables as it relates to inventory work-in-process construction-in-process and certain fixed assets
- Drive special projects to elevate the cost accounting function such as ERP process enhancements and internal controls
- Lead and develop a team of 1-2 accountants
- Primary reviewer of account reconciliations and journal entries with accountability for related internal controls.
- Prepare and analyze all grant accounting revenue and expenses driven on a reimbursement basis ensuring all documentation is audit-ready
- Drive improvements to processes and procedures
What were looking for:
- Bachelors degree in Business Administration or Accounting or similar field preferred
- Minimum of 7 years experience in Accounting including a minimum of 5 years in supervisory role
- Experience with ERP Systems
- Proven experience as a cost accountant cost analyst or similar role with a focus on data analysis and strong knowledge of cost accounting principles and practices
- Experience using a large ERP system
Bonus points for:
- Experience in an organization funded by government grants or contracts
Must-have Requirements:
- Perform extended activities such as stooping climbing typing standing sitting etc.
- Willingness to travel or work required nights/weekends/on-call occasionally
- Work in a facility that contains industrial hazards including heat cold noise fumes strong magnets lead (Pb) high voltage high current pressure systems and cryogenics
$150000 - $225000 a year
Salary range for this full-time position equity benefits.The actual salary will depend on level location qualifications and experience. The range displayed on each job posting reflects new hire salaries for the position across all US locations. Benefits include:
Competitive compensation with equity
13 Company-wide Holidays
Flexible vacation days
10 sick days
Generous parental leave policy
Health dental and vision insurance
401(k) with employer matching
Professional growth opportunities
Team-building activities
#LI-Onsite
At CFS we excel in fast-paced environments driven by our values of integrity execution impact and self-critique. As we grow were eager to bring on mission-driven folks who offer diverse perspectives and fresh ways to tackle challenges.
We value diversity deeply and are proud to be an equal opportunity employer by choice. We consider all qualified applicants equally regardless of race color national origin ancestry citizenship status protected veteran status religion physical or mental disability marital status sex sexual orientation gender identity or expression age or any other basis protected by law.
This role requires compliance with U.S. laws concerning the export of controlled or protected technologies or information (collectively Export Control Laws). Any offer of employment will be contingent on the need for compliance with such Export Control Laws.
Required Experience:
Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
