Boston Dynamics

Cost & Inventory Accountant

Boston Dynamics$101K — $128K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance or Accounting
  • 5+ years in inventory or cost accountant role
  • Experience with advanced ERP applications
  • Familiarity with FIFO or Standard cost accounting
  • Strong proficiency in Microsoft Excel
  • Proven ability to manage multiple priorities and deadlines
  • Excellent communication and problem-solving skills

Responsibilities

  • Track and monitor inventory movement and reserves
  • Perform month-end financial close tasks and journal entries
  • Collaborate with Finance and Operations for process improvements
  • Develop and analyze expected costs for products
  • Maintain manufacturing cost allocation models
  • Manage physical inventory and cycle counts
  • Provide financial analysis on costs and margins

Benefits

  • Medical, dental, vision insurance
  • 401(k) retirement plan
  • Paid time off
  • Annual bonus structure
  • Generous benefits package
Full Job Description
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.

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.
  • Other duties, as assigned.


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
    • With 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


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 $128,000.00 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 Boston Dynamics

Boston Dynamics is an American engineering and robotics design company founded in 1992 as a spin-off from the Massachusetts Institute of Technology. The company is best known for the development of BigDog, a quadruped robot designed for the U.S. military. Boston Dynamics has also developed a number of other robots, including Spot, a four-legged robot designed for indoor and outdoor operation, and Atlas, a humanoid robot designed for a variety of search and rescue tasks. In 2013, the company was acquired by Google X, a subsidiary of Alphabet Inc. In 2020, the company was acquired by Hyundai Motor Group. Boston Dynamics is headquartered in Waltham, Massachusetts.
Learn more about Boston Dynamics
Size
300 employees
Industry
Founded
1992

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