Manufacturing Cost Controller III

Who we are:

Were transforming one of the worlds oldest industries with cutting-edge technology and an innovative approach. Backed by top-tier investors and recognized by Time as one of the best Inventions of 2024 and Fast Company as one of 2024s Next Big Things in Tech Electra is scaling rapidly and were looking for bold driven individuals to help us reshape the future of iron production. If youre ready to make a real impact in a company thats redefining heavy industry for a cleaner smarter world we want to hear from you.

What you will do:

The Manufacturing Cost Controller is a key member of the accounting team responsible for building andmaintainingcost accounting processes systems and controls to ensureaccuratecosting and reporting across manufacturing operations. This role supports both day-to-day activities and future growth by providing visibility into manufacturing costs inventory and labor.

You will own core cost accounting functions including month-end close support inventory journal entries and reconciliations and management reporting. Partnering closely with Operations Engineering and Supply Chain you will drive cost accuracyidentifyefficiencies and deliver insights that inform product profitability and business decisions.

This role owns inventory accounting and internal controls enhances data integrity and improves systems and workflows to support effective cost management. The ideal candidate thrives in a fast-paced high-growth manufacturing environment and is motivated to build and refine scalable processes.

Responsibilities include:

• Cost Accounting System Development:Establishand maintain robust cost accounting systems to track raw materials labor and overhead costsin accordance withGAAPinventory as the accounting liaison for NetSuite enhancements testing and system changesimpactinginventory
• Inventory & WIP Management:Monitor work-in-process (WIP) and inventory physical inventory counts and reconcile discrepancies
• Variance Analysis:Analyze manufacturing variances (material labor overhead and purchase price) and communicate findings toFinance and Operations management to drive process improvements
• Month-End Close:Lead month-end close activities including preparing journal entries and reconciling inventory sub-ledgers to the general ledger
• Profitability & Margin Analysis: Prepare monthly gross margin reports by product customer and production job to assist in pricing strategies
• Process Improvement:Partner with FP&A Operations and Supply Chain to assess cost changes and downstream financial impact. Identify opportunities to reduce costs and increase efficiency in production and purchasing
• Controls Risk & Audit:
  • Own inventory-related internal controls including documentation testing and periodic self-assessment
  • Serve as a key accounting contact for financial and inventory-related audits; support audit requests and resolution of findings
  • Ensure compliance with GAAP and company inventory accounting policies
  • Develop document andmaintaininventory accounting policies and procedures
  • Assistwithmonitoringthe cycle count program execute the year-end physical inventory and report results. You willbe responsible forreconciling raw material and finished goods inventories
• System Implementation:Assistin ERP/software implementation or optimization to ensureaccuratecosting data

What we need you to bring to the team:

• Bachelors degree in Accounting Finance or a related field
• 5 years of progressive experience in inventory or cost accounting including direct ownership of inventory valuation reconciliations and reporting (not including internship co-ops or other school projects)
• Strong knowledge of inventory costing and valuation methods within manufacturing environments (e.g. Weighted Average Cost Standard Cost FIFO)
• Advanced Microsoft Excel skills including working with large datasets pivot tables and lookup functions
• Hands-on experience with ERP systems (preferably NetSuite) including inventory workflows reconciliations and reporting
• Proven ability to perform variance analysisidentifyroot causes and resolve discrepancies proactively
• Strong analytical thinking and attention to detail with the ability to work independently and manage competing priorities
• Effective communication skills with the ability to partner cross-functionally and translate complex data into actionable insights