Inventory Accounting Manager
At a glance
Manager-level Accounting role at Figure. San Jose · $165,000–$195,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Reconcile raw materials, subassemblies, work in progress and finished goods across locations and systems
- Keep NetSuite records consistent with MES, PLM and WMS data, investigating quantity and cost mismatches
- Maintain inventory cost models and examine purchase price, material usage and production variances for margin and COGS reporting
- Classify production assets, manage fixed-asset schedules and capitalization, and track depreciation
- Automate accounting workflows and reconciliations, handle lease entries and memos, support compliance, and lead audits
What you bring
- A bachelor's degree in accounting, finance or a related field; a CPA is preferred
- At least eight years in accounting, including five years focused on inventory and cost accounting for a hardware or manufacturing employer
- Deep US GAAP knowledge of inventory, fixed assets, leases and R&D versus capitalizable costs
- Practical NetSuite experience and the ability to reconcile ERP data with MES, PLM or WMS systems
Who this fits
This manager role suits someone who has created accounting processes and controls from scratch in a fast-scaling setting. You’ll work across inventory, fixed assets, leases, tax support and audit readiness. The role is based in San Jose, with a stated annual base salary of $165,000 to $195,000.
From the employer
Figure is an AI robotics company developing autonomous general-purpose humanoid robots. The goal of the company is to ship humanoid robots with human level intelligence. Its robots are engineered to perform a variety of tasks in the home and commercial markets. Figure is headquartered in San Jose, CA.
We are looking for an Accounting Manager, with a focus on Inventory. This role will own the inventory and cost accounting, including building processes and deploying systems from end to end.
Responsibilities:
Cost Accounting and Inventory Management
- Track and reconcile inventory across raw materials, subassemblies, WIP, and finished goods.
- Manage data integrity between ERP (NetSuite) and operational systems (MES, PLM, WMS). Resolve discrepancies between quantities, costs, and system records across locations or systems (e.g., NetSuite vs. MES).
- Maintain cost model, including overhead allocation and labor/machine rates.
- Analyze purchase price variances (PPV), material usage variances, and production inefficiencies to support margin analysis and COGS reporting.
Capital Asset and Fixed Asset Accounting
- Maintain fixed asset schedules and manage capitalization policies for PP&E.
- Ensure proper classification between R&D prototypes vs. capitalizable production assets.
- Track depreciation and coordinate asset lifecycle management.
General accounting
- Lead the automation of end-to-end transaction workflows and balance sheet reconciliations.
- Support with growing volume of transactions (accounting syncs, reimbursements, etc)
- Prepare technical accounting memos.
Lease accounting management.
- Technical accounting analysis for new leases
- Manage monthly lease accounting reconciliation and entries.
Tax
- Support external reporting requirements for government grants or incentives.
- Assist with quarterly and annual compliance.
Audit Readiness
- Lead annual external financial audits.
Requirements:
- Education: Bachelor’s in Accounting, Finance, or a related field. CPA preferred.
- Experience: 8+ years in accounting, including 5+ years in cost and inventory accounting at a hardware or manufacturing company. Prior experience as a manager at a high-growth company is a plus.
- Technical accounting: Deep expertise of US GAAP for inventory accounting (ASC 330), fixed assets (ASC 360), leases (ASC 842), and of the R&D vs. capitalizable cost distinction.
- Systems: Hands-on NetSuite experience, ideally including inventory and manufacturing modules. Experience with systems integration and reconciling ERP data against MES, PLM, and WMS systems.
- Analytical Skills: Strong attention to detail, organizational skills, and a knack for identifying and resolving discrepancies.
- Process building: Track record of designing and documenting controls and processes from scratch in a fast-scaling environment.
- Communication: Exceptional verbal and written communication skills for successful collaboration with vendors and internal stakeholders.
The US base salary range for this full-time position is $165,000 to $195,000 per year.
The pay offered for this position may vary based on several individual factors, including job-related knowledge, skills, and experience. The total compensation package may also include additional components/benefits depending on the specific role. This information will be shared if an employment offer is extended.
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