Cents

Senior Cost Accountant

Posted 2 Days Ago

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2 Locations

Remote or Hybrid

100K-110K Annually

Senior level

Information Technology • Consulting

The Role

Seeking a Senior Cost Accountant to manage financial operations, analyze production costs, inventory, budgeting, and support audits, enhancing profitability and controls.

Summary Generated by Built In

Want to be a part of a team revolutionizing and leading an entire industry with no real competition? The laundry industry is a $40+ billion dollar market, and the Cents platform is making it easier for laundromats, dry cleaners, and all garment care businesses to grow, manage, and understand their business. Backed by top-tier investors like Bessemer, Camber Creek, and Tiger Global, Cents is one of the fastest-growing vertical SaaS companies in the USA, and we’re just getting started. Already profitable and growing incredibly quickly each year, we have entered the absolute best stage of being a startup.

About Cents

Cents is a New York–based technology company passionate about transforming the laundry industry and dedicated to enabling new ways of working, earning, and living. Our all-in-one, business-in-a-box platform helps operators start, manage, and expand their businesses through a market-leading suite of SaaS and hardware products. By building a modern system to power the garment care industry, our goal is to outsource laundry day to local businesses across the U.S..

Our team is full of passionate technology experts obsessed with supporting and empowering SMBs. We feel the unique responsibility and opportunity we have to elevate an industry. We’re adding great talent to help achieve this mission, and that’s where you come in!

About The Role

We are seeking a highly skilled and detail-oriented Senior Cost Accountant to play a pivotal role in managing and optimizing our financial operations. In this role, you will work closely with Operations, Production, and Supply Chain teams to ensure inventory accuracy, drive cost efficiency, and support strategic decision-making. You will be responsible for analyzing production costs, reconciling inventory, preparing for audits, and contributing to budgeting and forecasting processes.

This position offers the opportunity to influence key financial and operational decisions, while collaborating across multiple functions to strengthen controls and enhance profitability. You’ll also help shape the evolution of our cost accounting processes, ensuring accuracy, efficiency, and alignment with GAAP standards.

What You’ll Do

Collaborate with Operations on inventory management to ensure all inventory is reconciled and accurately reflected on the balance sheet for upcoming audits.
Oversee inventory valuation, reconciliation processes, and actively support Operations in resolving discrepancies.
Prepare and organize cost and inventory documentation for external auditors, supporting the financial audit process.
Partner with Operation, Production, and Supply Chain teams to drive improvements in inventory controls and cost efficiency.
Analyze production costs, including materials, labor, and overhead, and compare them to standard or budgeted costs. Investigate and explain variances to management, identifying root causes and recommending solutions.
Assist in the month-end close process related to cost of goods sold (COGS) and inventory. This includes preparing and posting journal entries and conducting account reconciliations.
Play a critical role in developing the annual budget and cost forecasts. Provide cost projections and help with financial models for new products or special projects.
Generate detailed financial reports, including cost analysis, profitability reports, and key performance indicators (KPIs), to inform management decision-making.
Identify and implement improvements to existing cost accounting procedures and systems to increase accuracy and efficiency. Ensure compliance with internal controls and company policies.
Provide financial insights and recommendations to management.

Qualifications

Bachelor’s degree in Accounting, or related field preferred.
Minimum of 7 years of experience in accounting and bookkeeping.
Proficiency in accounting software, specifically Xero, NetSuite, Ramp, Airbase, Avalara, Salesforce, and others.
Strong understanding of GAAP and financial reporting principles.
Excellent attention to detail, organizational, and problem-solving skills.
Ability to work independently and manage multiple tasks efficiently.
Must be able to work in Eastern time zone.
Able to travel to Toronto, Canada for inventory counts 3 to 4 times a year (U.S. passport is required).

Bonus Skills

CPA certification is a plus.
Strong written and verbal communication skills.
Experience in SaaS and manufacturing
Knowledge of ERP systems and financial analytics tools.

About Us

There’s a Laundry List of Why You’ll Love Working at Cents!

We are leaders - Leadership is not exclusive to the management team, but something everyone at Cents embraces and wants to get better at.

We are overachievers - The only true way to predict the future is to build it yourself. No excuses. Give 100% at all times.

We are students - We’re not afraid to dig in and uncover the truth, even if it’s scary or inconvenient. Everyone here is continually learning on the job, no matter if we’ve been in a role for one year or one minute.

We are committed to diversity and tight knit community - We’re committed to growing and empowering a more inclusive community within our company, industry, and cities. That’s why we hire and cultivate diverse teams of the best and brightest from all backgrounds, experiences, and perspectives. We believe that true innovation happens when everyone has room at the table and the tools, resources, and opportunity to excel.

Benefits and Perks

We offer great compensation packages, comprehensive health benefits, & believe in a strong cohesive team atmosphere. Work from-home office stipend, virtual team events, and access to learning opportunities from our team and network of advisors, and investors are just the starting point.

- Competitive salary

- Equity

- Unlimited PTO and paid holidays

- Offices in New York City and San Francisco

- Health benefits, including medical, dental, vision, mental health support, parental leave, life and AD&D insurance, and disability

- 401(k)

- Work-from-home and commuter benefits

- Laundry allowance to support our customers’ businesses

- Comprehensive training, learning, and development programming

- Access to hundreds of discounts and rewards from renowned vendors, including deals on health & wellness, travel, dining, auto insurance, and so much more!

Please be aware that all legitimate recruitment communications from Cents will come through our official channels (@trycents.com email domain, our official careers page, or verified phone calls following email introductions).

Also please note that we will never ask for money or sensitive financial information. If you are contacted through other means or asked for such details, please assume that the communication is not legitimate. Please forward any such communications to us at [email protected] and we can confirm this for you.