Senior Cost Accountant

Responsibilities

• Establish and document accounting treatment, policies, and procedures for demonstration plant assets, including depreciation and internal cost allocations
• Develop and maintain robust cost accounting systems to track raw materials, labor, and overhead in accordance with GAAP
• Monitor work-in-process (WIP) and inventory levels, supporting monthly/quarterly physical inventory counts and reconciliations
• Analyze manufacturing variances (material, labor, overhead, and purchase price) and communicate findings to Finance and Operations
• Lead month-end close activities, including journal entries and reconciling inventory sub-ledgers to the general ledger
• Prepare monthly gross margin reports by product, customer, and production job to assist in pricing strategies
• Partner with FP&A, Operations, and Supply Chain to identify opportunities to reduce costs and increase production efficiency
• Own inventory-related internal controls, documentation, and testing to ensure GAAP compliance and audit readiness
• Assist in ERP/software implementation and optimization to ensure accurate costing data

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• 8+ years of progressive experience in construction-in-progress, inventory, cost, or manufacturing accounting
• Advanced knowledge of inventory costing and valuation methodologies (Weighted Average, Standard Cost, FIFO)
• Advanced Microsoft Excel skills, including experience with large datasets, pivot tables, and lookup functions
• Hands-on experience with ERP systems, preferably NetSuite, including ownership of inventory workflows
• Strong analytical, problem-solving, and variance analysis skills
• Ability to communicate complex financial information to cross-functional stakeholders

Preferred Qualifications

• Active CPA license
• Previous experience in a fast-paced startup or high-growth manufacturing company

Benefits

• 100% paid premiums for medical, dental, vision, telemedicine, and basic life insurance
• $1,800 annual employer HSA contribution
• 401k with up to 5% matching (100% vested on day one)
• 12 weeks of paid parental leave
• Eligibility for incentive stock options
• Reasonable Use PTO

About the Company

Electra is transforming one of the world’s oldest industries with cutting-edge technology. Recognized by Time as one of the "Best Inventions of 2024," we are scaling rapidly to reshape the future of iron production for a cleaner, smarter world.