What are the responsibilities and job description for the Cost Accounting Manager position at CHAOS Industries?
CHAOS Inc. is a global technology company delivering next-generation capabilities to the defense and critical industrial sectors. Founded in 2022 by a seasoned leadership team, CHAOS has quickly become the place where world-class multi-disciplinary engineers come to build mission-critical technologies. CHAOS has a mission-focused culture, dedicated to solving the toughest technical challenges. Its unique agile engineering approach enables rapid prototyping, while deep partnerships with defense and industry ensure real-world solutions.
Role Overview :
The Cost Accounting Manager's primary responsibility is to own and lead the cost and inventory functions within the accounting team. They will provide significant input to the company within costing projects, margin analysis, tracing costs to activities, month end close, and budget processes as well as supporting business decision making and other accounting processes. They will organize and monitor inventory counting. The Cost Accounting Manager works under the supervision of the Director of Accounting. The role is highly visible and will partner with various team members throughout the organization.
Responsibilities :
- Responsible for all manufacturing cost accounting related activities : costing projects, month end close, maintaining accurate costs, labor & overhead absorption, inventory management, freight and duty tracking and monitoring.
- Establish relationships with key stakeholders cross-functionally within the production team to develop deep understanding of processes, business drivers, costs and revenue
- Analyze trends in cost variances, production volumes, and material usage and implement timely adjustments with cross functional team. Troubleshoot and research unexplained inventory transactions
- Strong ability take ownership of the cost accounting function, build processes from the ground up, and implement process improvements including focus on change management
- Drive operational improvements and efficiencies on labor & overhead burden to improve business profitability
- Perform variance analysis such as margin analysis, purchase price to cost variance, cost revaluation, invoice to PO price variances and work order variances, and system to system variances
- Ensure validity and accuracy of ERP through analysis, internal audit, and coordination with inventory control, and production. Own ERP process enhancements and continue to scale the system to meet new processes and requirements
- Collaborate with the FP&A to identify cost drivers and develop models as the basis for forward looking plans and forecasts. Partner with FP&A and production to ensure Bill of Material accuracy including knowledge of cost reduction impact on financials
- Prepare accounting schedules routinely and as requested for internal and external reporting requirements
- Support audit as requested
- Work 4-5 days per week out of our office in Hawthorne, cA
Minimum Requirements :
Preferred Requirements :
Why CHAOS?
Salary Range : $130,000 - $180,000
The stated compensation range reflects only the targeted base compensation range and excludes additional earnings such as bonus, equity, and benefits. If your compensation requirements fall outside of the range, we still encourage you to apply. The salary range for this role is an estimate based on a range of compensation factors, inclusive of base salary only. Actual salary offer may vary based on (but not limited to) work experience, education and / or training, critical skills, and / or business considerations.
LI-onsite
Salary : $130,000 - $180,000
