Senior Cost Accountant

Who we are:

Electra isreinventing ironmaking from the ground upwitha breakthroughelectrochemical technology that produceshigh purityclean iron and critical co-minerals. With two operating pilots in Boulderanda new demonstration facilityunderwayin Jefferson Countywereon track to reach commercial scale by the end of the decade. Backed by over $300 million and strategic partnerships with global leaders across mining steel and big tech momentum is on our side.Recognized by Fast Company as a Most Innovative Company and a Next Big Thing in Tech and named one of TIMEs 100 Climate Leaderswerebuilding a company shaping the future of industry.Ifyourelooking to make an impact and join a teamthatsdriven focused and scaling we want to hear from you.

What you will do:

TheSenior Cost Accountantis a highly visible high-impact role within Electras growing accounting teamoffering a unique opportunity to help build and scale world-class manufacturing accounting processes from the ground up. This role sits at the center of Electras transition from development todemonstrationplant operations andultimately tofull-scale manufacturing.

You will take ownership of critical cost accounting and fixed asset processes including inventory valuation construction-in-progress (CIP) and manufacturing cost analytics while playing a pivotal role in shaping the systems controls and reporting infrastructure that will support Electras next phase of growth. This is a hands-on position ideal for someone who thrives in a dynamic environment and is excited to drive both operational insight and process transformation.

The Senior Cost Accountant will partner closely with Operations Engineering Supply Chain and FP&A to enhance cost visibility improve accuracy and deliver actionable insights that directly influence business decisions. You will also be a key contributor in strengthening internal controls supporting audit readiness and scaling accounting processes in alignment with GAAP.

Responsibilities include:

• Fixed Assetand Construction-in-ProgressTracking:Establish and document accounting treatment policies and procedures for our demonstration plant assets that are constructed and placed-in-service including depreciation internal cost allocations and disposals
• 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 to Finance 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 and maintain inventory accounting policies and procedures
  • Assist with monitoring the cycle count program execute the year-end physical inventory and report results. You will be responsible for reconciling raw material and finished goods inventories
• System Implementation: Assist in ERP/software implementation or optimization to ensure accurate costing data

What we need you to bring to the team:

• Bachelors degree in Accounting Finance or a related field
• 8years of progressive experience in construction-in-progress inventory accounting cost accounting or manufacturing accounting environments including direct ownership of inventory valuationreconciliations and reporting process. Candidates with an active CPA license and highly relevant experience may be considered with5 years of experience
• Advanced knowledge of inventory costing and valuation methodologies within process and discrete manufacturing environments including Weighted Average Cost Standard Cost and FIFOmethodologies
• Demonstrated ability to apply advanced professional accounting knowledge business acumen and analytical skills to resolvecomplexaccounting and operational issues
• Strong variance analysis problem-solving and root cause identification skills with the ability to proactively develop practical and effective solutions
• Advanced Microsoft Excel skills including experience with large datasets pivot tables lookup functions and financial analysis tools
• Hands-on experience with ERP systems preferably NetSuite including ownership of inventory-related workflows reconciliations reporting and process improvements
• Ability to analyze complex situations and exercise sound professional judgment in selecting methods adapting techniques and determiningappropriate proceduresfor new or evolving assignments
• Demonstrated ability to work independently manage multiple priorities andoperateeffectively in a fast-paced environment with shifting business needs
• Strong communicationand collaboration skills including the ability to clearly communicate complex financial information to cross-functional stakeholders
• Experience mentoring junior team members leading internal initiatives or projects and influencing business decisions without direct people management responsibility
• High attention to detail strong organizational skills and commitment to accuracy and continuous improvement