Cost Accountant

Overview

This role is responsible for cost identification and coding for capital project spend, including plant and inventory workstreams. You will partner with project controllers, procurement, accounts payable, and other stakeholders to support appropriate GAAP accounting conclusions, including capitalization and general ledger (GL) allocation of plant and fixed asset costs. The position also supports internal controls within a SOX environment, assists internal and external auditors, and delivers accurate monthly and quarterly close schedules.

A second key focus of the role is managing and overseeing the fixed assets register, including classification, support, and timely placement in service, along with monthly depreciation, related journal entries and roll-forwards, and reconciliation of the fixed asset subledger to the general ledger as part of month-end close.

Responsibilities

• Partner with project controllers, procurement, accounts payable, and other stakeholders to review project spend for proper capitalization treatment under company policy.
• Maintain complete supporting documentation for capitalization conclusions, asset records, depreciation, and disposals in accordance with accounting policy and internal controls.
• Support internal and external audits by providing fixed asset schedules, transaction support, control evidence, and timely responses to inquiries.
• Partner with project controllers, procurement, and accounts payable to confirm asset descriptions, ownership, location, useful life, cost center, and placed-in-service status.
• Help maintain a single source of truth for capital project portfolio reporting with project teams.
• Manage the capital project lifecycle, including additions, transfers, placed-in-service dates, disposals, retirements, and other changes to the fixed asset register.
• Monitor construction-in-progress (CIP) balances and coordinate timely transfers of completed projects into appropriate fixed asset categories.
• Run monthly depreciation, validate system calculations, and prepare or post related journal entries as part of the month-end close.
• Reconcile the fixed asset subledger to the general ledger each month and research and resolve reconciling items promptly.
• Prepare fixed asset journal entries for additions, transfers, disposals, impairments, reclassifications, and other required adjustments.
• Prepare monthly and quarterly fixed asset roll-forwards, capital expenditure schedules, and related financial reporting support.
• Coordinate periodic physical inventories and asset verification procedures and investigate identified discrepancies.
• Identify opportunities to improve and automate fixed asset accounting, capitalization review, reconciliation, and reporting processes.
• Support other accounting responsibilities and special projects as assigned.

Minimum Qualifications

• Bachelor’s degree in accounting, finance, or a related field.
• 5+ years of progressive accounting experience, including fixed asset or cost accounting responsibilities.
• Experience managing fixed asset additions, depreciation, disposals, reconciliations, and capitalization assessments.
• Strong knowledge of U.S. GAAP, fixed asset accounting principles, and Microsoft Excel.

Preferred Qualifications

• Experience using NetSuite and NetAsset fixed asset management software.
• Experience using Zip.
• CPA or CMA is a plus.
• Master’s degree in accountancy.
• Fast growth startup or public company experience.

Compensation & Benefits

• Salary: $100,000-$120,000
• Flexible time off
• Equity
• Bonuses
• Competitive pay
• 401(k)
• Health insurance (with employer contribution)
• HSA
• FSA
• Flexible work hours
• Wellness credits
• Other benefits

This position may involve access to information subject to U.S. export control laws. Only applicants who meet the definition of a U.S. person under applicable laws may be eligible.

Location & Travel Requirements

• Remote employees are required to travel to headquarters (Santa Clara, CA) twice a quarter annually, based on business or team needs, including attendance at team meetings, off-sites, and other company events or gatherings.
• For the first two weeks of onboarding, employees are required to be in person at headquarters in Santa Clara, CA.

Additional Notes

• Employment may be contingent upon successful completion of a drug screening, and employees may be subject to drug testing at any time in accordance with company policy and applicable laws.