Cost Accountant

Posted 2 Days Ago
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Waltham, MA
7+ Years Experience
Robotics • Software
The Role
The Manager, Cost Accounting at Boston Dynamics is responsible for overseeing inventory and cost accounting, managing financial records, and driving process improvements to achieve cost savings and profitability. The role involves collaborating with cross-functional teams, analyzing costs and margins, and maintaining accurate costing information for products. Strong communication, analytical, and problem-solving skills are essential for success in this position.
Summary Generated by Built In

As a Manager, Cost Accounting, 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 Manager, Cost Accounting 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. On a daily basis, 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.

Boston Dynamics is a world leader in mobile robots, tackling some of the toughest robotics challenges. For years, our awe-inspiring viral videos on YouTube have shown the world what remarkably capable robots can do. Now we are quickly becoming a recognized leader in automation solutions for industrial applications and warehouse logistics.

Key Responsibilities:

  • Complete inventory/cost accounting for month end financial close: post 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.

  • Manage the tracking and monitoring of inventory movement, capitalization, and reserves (including excess and obsolete inventory).

  • 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.

  • Lead the development and maintenance of comprehensive cost accounting policies and procedures.

  • Other duties, as assigned.

Qualifications:

Basic Qualifications

  • Bachelor’s Degree in Finance or Accounting

  • 5+ years of progressively responsible experience in an inventory or cost accountant function

Preferred Qualifications:

  • 8+ 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.

Boston Dynamics will never ask you to divulge your personal financial or account information as part of its recruiting process.

#LI-CG1

Top Skills

Excel
The Company
HQ: Waltham, ME
642 Employees
On-site Workplace
Year Founded: 1992

What We Do

Boston Dynamics builds advanced mobile manipulation robots with remarkable mobility, dexterity perception and agility. We use sensor-based controls and computation to unlock the potential of complex mechanisms. Our world-class development teams develop prototypes for wild new concepts, do build-test-build engineering and field testing and transform successful designs into robot products. Our goal is to change your idea of what robots can do.

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