Company Overview
Kairos Power is a new nuclear energy technology and engineering company whose mission is to enable the world’s transition to clean energy, with the ultimate goal to dramatically improve people’s quality of life while protecting the environment. This goal will be accomplished through the commercialization of the fluoride-salt-cooled, high-temperature reactor (FHR) that can be deployed with robust safety, affordable costs, and flexible operation to accommodate the expansion of variable renewables.
Job Summary
Kairos Power is seeking a highly motivated Cost Accounting Manager. This role is responsible for overseeing and leading all cost accounting functions for multiple product lines within the organization. This role supports the company’s financial performance by developing and maintaining cost accounting methodologies, providing detailed cost analyses, and collaborating with key stakeholders across the organization. The ideal candidate will have a strong understanding of manufacturing processes, cost drivers, and system implementation, with an emphasis on continuous improvement and accurate financial reporting.
This position offers a flexible hybrid work arrangement, allowing employees to work from either Alameda, CA or Albuquerque, NM. The role will involve a combination of remote work and in-office presence, depending on team needs and project requirements.
Responsibilities
ERP and cost accounting implementation for multiple product lines
- Define cost structures, including direct costs, indirect costs, and allocations.
- Select the appropriate costing methodology based on the company’s manufacturing processes and product lines.
- Establish and document Standard Operating Procedures (SOPs) for cost estimation, budgeting, overhead allocation, and inventory valuation.
- Implement cost accounting processes into the company’s ERP and accounting systems, ensuring appropriate accounting modules are configured and operational.
- Define key performance indicators (KPIs) to measure efficiency, waste, and cost management effectiveness.
Financial Close and Reporting
- Perform month-end close procedures including preparation and or review of journal entries and reconciliations
- Perform detailed analysis related to inventory and cost of goods sold, as well as inventory valuation, adjustments, and reserves
- Support monthly forecasting processes, including customer and product-level margin forecasting, and ensure alignment with strategic objectives
- Assist in preparing financial reports for management and external audits
- Present cost and operational information at management meetings to provide insights that support decision-making
- Establish and ensure compliance of internal controls, SOX and US GAAP and other regulatory requirements
- Identify opportunities for continuous improvement in cost accounting processes, systems, and data accuracy
- Report to management and subject matter experts (SMEs) on KPI’s
- Ad hoc projects as needed
Cost Management
- Provide actionable recommendations on cost improvements and efficiency gains, supporting leadership in implementing cost optimization strategies
- Identify cost reduction opportunities through careful analysis of manufacturing processes, overhead expenses, and resource utilization
- Monitor the results of implemented cost-saving strategies and continuously assess their impact, providing further adjustments as needed to maximize financial benefits
- Assist manufacturing with periodic physical inventory counts and investigate variances and resolve issues
- Provide technical guidance and ensure consistent application of cost accounting principles.
- Serve as the point of contact for inquiries related to cost accounting determinations and methodology
Training and Staff Development
- Provide training to relevant personnel on new cost accounting procedures, software, and reporting requirements
- Encourage ongoing education within company to stakeholders to keep staff updated on best practices and changes in regulations
Qualifications
- Bachelor’s degree in accounting, finance, or related field
- CPA, CMA, or equivalent certification highly desirable
- 7+ years of progressive experience in cost accounting in a manufacturing or production environment
- Strong knowledge of cost accounting principles, financial analysis, and inventory management
- Demonstrate ability to work independently and collaborate to resolve issues
- Proficiency in ERP systems (Netsuite, Coupa) and advanced Excel skills
- Strong analytical, problem-solving, and decision-making abilities
- Excellent communication skills, both written and verbal, with the ability to present complex data in a clear and concise manner
- High attention to detail, organizational skills, and the ability to meet deadlines in a fast-paced environment
- Ability to work with highly collaborative team
- Ability to solve problems quickly and efficiently
- Prioritizes and ensures safety of one self and others
- Ability to proactively collect, manage and transfer knowledge
- Ability to seek different and novel ways to create efficiencies when working on problems, challenges and issues
Physical Conditions
- Remaining in a stationary position, often standing, or sitting for prolonged periods
- Moving about to accomplish tasks or moving from one worksite to another
- Communicating with others to exchange information
Environmental Conditions
- General office environment
- Assessing the accuracy, neatness and thoroughness of the work assigned
- High-concentration, demanding and fast-paced
Safety and PPE
- Reading and interpreting hazardous warning signs
Travel
- Some travel may be required, up to 10%
Additional Requirements
- Requires occasional schedule flexibility
- Requires occasional extended hours to support launch and critical project timelines
The salary range for this position is $152,600 to $190,700 for employees working onsite at our Alameda, CA headquarters. The range provided in this job posting represents the typical range or starting rate of candidates hired in California. Factors that may be used to determine your actual salary may include your education, experience, knowledge, skills, abilities, the market data for your work location, and a comparison to other employees already in the role.
#LI-Hybrid
About our Benefits
We know that we have some of the most talented and dedicated employees, and we believe in rewarding them accordingly. If you work here, full-time employees (excludes interns) expect to have access to the benefits below:
- Competitive compensation packages
- Medical, dental and vision benefits for employees and their dependents
- Paid Vacation
- 401(k) and pre-tax health insurance, dependent care, and commuter benefits (FSA)
Kairos Power is committed to building a diverse workforce that reflects the communities where we do business. Kairos Power is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We actively welcome people of different experiences, abilities, and perspectives.
Kairos Power participates in E-Verify.
Candidates only, no recruiters or agencies please.
Note: You are applying for a position that is located in a facility that handles information that is subject to export control restrictions by the Department of Energy under 10 CFR Part 810. To work in this facility, you need to be authorized by the Department of Energy to access Part 810-controlled information. Foreign nationals who are citizens of countries that are not on the Department of Energy’s general authorization list (link below) are not permitted to work in our facility unless the Department of Energy issues an export control license to the company to permit that individual to have access to Part 810-controlled information. The following questions are intended to determine the licensing requirements that may apply. https://www.law.cornell.edu/cfr/text/10/appendix-A_to_part_810
What We Do
Kairos Power has a mission to enable the world’s transition to clean energy, with the ultimate goal of dramatically improving people’s quality of life while protecting the environment.
We are an engineering company focused on the delivery of a clean, affordable and safe energy solution through the integrated design, licensing and demonstration of advanced reactor technology.
Growing from a broad research effort at U.S. universities and national laboratories, Kairos Power was founded to accelerate the development of an innovative nuclear technology that has the potential to transform the energy landscape in the United States and internationally.
Kairos Power is focused on reducing technical risk through a novel approach to test iteration often lacking in the nuclear space. Our schedule is driven by the goal of a U.S. demonstration plant before 2030 and a rapid deployment thereafter.
The challenge is great, but so too is the opportunity.
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