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About Redwood Materials
Redwood Materials was founded in 2017 to create a circular supply chain for electric vehicles and clean energy products, making them more sustainable and driving down the cost for batteries. We're doing this by developing and deploying new technologies to increase the scope and scale of recycled and sustainable materials in the global battery supply chain.
About Redwood Materials
Redwood Materials was founded in 2017 to create a circular supply chain for electric vehicles and clean energy products, making them more sustainable and driving down the cost for batteries. We're doing this by developing and deploying new technologies to increase the scope and scale of recycled and sustainable materials in the global battery supply chain.
Manager, Inventory & Cost Accounting
As the Manager – Inventory & Cost Accounting, you will play a pivotal role in our finance team, overseeing the inventory & cost accounting function and providing strategic financial guidance to support business decision making. This position offers an exciting opportunity to drive cost optimization initiatives, ensure accuracy in inventory and cost accounting processes, and contribute to the financial success of an emerging growth company within a dynamic and fast-paced environment.
Responsibilities Will Include:
- Assist in leading the Inventory and Cost accounting function, overseeing the accurate and timely recording of manufacturing costs, inventory valuation, and cost allocations in accordance with US GAAP and company policies.
- Establish and maintain costing methodologies for products and production processes.
- Ensure accurate valuation of inventory, including raw materials, work-in-progress (WIP), and finished goods (FG), applying appropriate cost methods (e.g., FIFO, LIFO, weighted average) and conducting periodic inventory reconciliations.
- Perform regular variance analysis to evaluate actual costs, investigating and explaining variances to management and operational teams.
- Assist in the preparation of monthly, quarterly, and annual financial statements, providing inventory and cost-related insights and analysis to support external reporting requirements and audit activities.
- Collaborate with finance and operational teams to develop annual budgets and periodic forecasts for manufacturing costs, providing input on cost assumptions, trends, and projections.
- Conduct in-depth analysis of product costs, manufacturing variances, and cost drivers to identify opportunities for cost reduction, process improvement, and operational efficiency.
- Establish and maintain effective internal controls over inventory and cost accounting processes, ensuring compliance with SOX requirements, and facilitating audit readiness.
- Partner with procurement, production, engineering, and supply chain teams to ensure alignment of inventory and cost accounting activities with broader business objectives and operational initiatives.
- Collaborate with cross-functional teams to identify opportunities to streamline and automate cost accounting processes, leveraging technology and best practices to enhance efficiency, accuracy, and data integrity.
- Other duties as assigned.
Desired Qualifications:
- Bachelor's degree in accounting, Finance, or related field; CPA or CMA certification preferred.
- 5+ years of progressive experience in inventory and cost accounting within a large corporate environment, preferably within a publicly traded multinational organization.
- Strong understanding of cost accounting principles, standard costing methodologies, and manufacturing processes.
- Experience with ERP systems (e.g., SAP, Oracle) and cost accounting software; proficiency in Microsoft Excel for data analysis and reporting.
- Strong leadership skills with the ability to work independently and as part of a team.
- Detail-oriented with strong organizational and time management skills, capable of managing multiple priorities and meeting tight deadlines in a fast-paced environment.
- Excellent analytical and problem-solving skills, with the ability to interpret complex financial data and communicate findings effectively to stakeholders.
- Excellent verbal and written communication skills, with the ability to effectively communicate complex accounting concepts to non-accounting colleagues.
- Self-motivated and proactive, with a commitment to continuous learning and professional development.
The position is full-time. Compensation will be commensurate with experience.
We collect personal information (PI) from you in connection with your application for employment with Redwood Materials, including the following categories of PI: identifiers, personal records, professional or employment information, and inferences drawn from your PI. We collect your PI for our purposes, including performing services and operations related to your potential employment. If you have additional privacy-related questions, please contact us at ...@redwoodmaterials.com.
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