Bachelor's in Accounting, Finance, or related field; CPA preferred.
8+ years in accounting, with 5+ years in cost and inventory accounting in hardware or manufacturing.
Deep expertise in US GAAP for inventory, fixed assets, and leases.
Hands-on experience with NetSuite, especially in inventory and manufacturing modules.
Strong analytical skills with attention to detail and problem-solving abilities.
Proven track record in process building and documentation in fast-paced environments.
Exceptional communication skills for collaboration with vendors and stakeholders.
Responsibilities
Track and reconcile inventory across all stages: raw materials, subassemblies, WIP, and finished goods.
Manage data integrity between ERP and operational systems, resolving discrepancies in records.
Maintain cost models, including overhead allocation and labor/machine rates.
Analyze variances and production inefficiencies to support margin analysis and COGS reporting.
Maintain fixed asset schedules and manage capitalization policies for PP&E.
Lead automation of transaction workflows and balance sheet reconciliations.
Oversee lease accounting, including technical analysis and monthly reconciliations.
Benefits
Opportunity to lead and innovate in a high-growth environment.
Engagement in diverse accounting functions, enhancing professional skill set.
Collaboration with cross-functional teams, fostering a dynamic work culture.
Involvement in audit readiness, providing valuable experience in compliance and reporting.
Full Job Description
We are looking for an Accounting Manager, with a focus on Inventory. This role will own the inventory and cost accounting, including building processes and deploying systems from end to end.
Responsibilities:
Cost Accounting and Inventory Management
Track and reconcile inventory across raw materials, subassemblies, WIP, and finished goods.
Manage data integrity between ERP (NetSuite) and operational systems (MES, PLM, WMS). Resolve discrepancies between quantities, costs, and system records across locations or systems (e.g., NetSuite vs. MES).
Maintain cost model, including overhead allocation and labor/machine rates.
Analyze purchase price variances (PPV), material usage variances, and production inefficiencies to support margin analysis and COGS reporting.
Capital Asset and Fixed Asset Accounting
Maintain fixed asset schedules and manage capitalization policies for PP&E.
Ensure proper classification between R&D prototypes vs. capitalizable production assets.
Track depreciation and coordinate asset lifecycle management.
General accounting
Lead the automation of end-to-end transaction workflows and balance sheet reconciliations.
Support with growing volume of transactions (accounting syncs, reimbursements, etc)
Prepare technical accounting memos.
Lease accounting management.
Technical accounting analysis for new leases
Manage monthly lease accounting reconciliation and entries.
Tax
Support external reporting requirements for government grants or incentives.
Assist with quarterly and annual compliance.
Audit Readiness
Lead annual external financial audits.
Requirements:
Education: Bachelor's in Accounting, Finance, or a related field. CPA preferred.
Experience: 8+ years in accounting, including 5+ years in cost and inventory accounting at a hardware or manufacturing company. Prior experience as a manager at a high-growth company is a plus.
Technical accounting: Deep expertise of US GAAP for inventory accounting (ASC 330), fixed assets (ASC 360), leases (ASC 842), and of the R&D vs. capitalizable cost distinction.
Systems: Hands-on NetSuite experience, ideally including inventory and manufacturing modules. Experience with systems integration and reconciling ERP data against MES, PLM, and WMS systems.
Analytical Skills: Strong attention to detail, organizational skills, and a knack for identifying and resolving discrepancies.
Process building: Track record of designing and documenting controls and processes from scratch in a fast-scaling environment.
Communication: Exceptional verbal and written communication skills for successful collaboration with vendors and internal stakeholders.
The US base salary range for this full-time position is $165,000 to $195,00 per year.
The pay offered for this position may vary based on several individual factors, including job-related knowledge, skills, and experience. The total compensation package may also include additional components/benefits depending on the specific role. This information will be shared if an employment offer is extended.
About Figure
Figure is a financial technology company that provides home equity loans and other financial services. The company was founded in 2018 by Mike Cagney, a former CEO of the online lending platform, SoFi. Figure's platform uses blockchain technology to streamline the loan application process and reduce costs. The company has raised over $225 million in funding and has partnerships with several major financial institutions, including Jefferies and WSFS Bank. Figure was named one of the 50 most innovative fintech companies in the world by Forbes in 2019.
