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Cost Accounting Manager

Infinitum · Austin, Texas

Posted by Infinitum on their careers site · View the original posting

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The posting, as Infinitum wrote it

Cost Accounting Manager

Location: Austin, Texas

Work Arrangement: Hybrid; in office Tuesday through Thursday

Reports To: VP of Accounting

Direct Report: Senior Plant Accountant, Mexico

Travel: At least quarterly travel to the Mexico manufacturing facility, with additional travel as business needs require

Position Summary

We are seeking a hands-on Cost Accounting Manager to lead cost accounting, inventory accounting, manufacturing financial controls, and inventory working capital initiatives for a rapidly growing manufacturing organization with operations in the United States and Mexico.

This role will own the company's product costing framework, including costed bills of materials (CBOMs), standard costs, inventory valuation, manufacturing variances, overhead absorption, routings, labor standards, and related month-end close activities.

The Cost Accounting Manager will also play a key role in improving inventory efficiency and reducing Days Inventory Outstanding (DIO). This individual will partner with Supply Chain, Operations, Procurement, Engineering, FP&A, and Finance leadership to improve visibility into inventory drivers, identify excess and slow-moving inventory, and support actions that improve working capital without compromising customer service or manufacturing continuity.

The role will directly manage the Senior Plant Accountant supporting our Mexico manufacturing operation and will travel to the plant at least once per quarter.

Costed Bills of Materials and Product Costing

  • Own the creation, maintenance, review, and approval process for costed bills of materials (CBOMs).
  • Ensure every manufactured product has a complete and accurate CBOM reflecting current materials, quantities, labor, routings, outside processing, and applicable manufacturing overhead.
  • Partner with Engineering to ensure engineering BOMs and manufacturing BOMs are accurately translated into financial product costs.
  • Establish a formal process for reviewing and updating CBOMs for new products, engineering changes, supplier changes, material substitutions, and manufacturing process changes.
  • Reconcile CBOM costs to ERP standard costs and investigate discrepancies.
  • Identify missing, outdated, or inaccurate BOM components and drive corrective action with Operations and Engineering.
  • Maintain appropriate documentation and controls over product cost changes.
  • Support new product introductions by developing preliminary and final product costs before production launch.
  • Provide visibility into the impact of design, sourcing, and manufacturing changes on product cost and margin.

Inventory and Working Capital Management

  • Own accounting and financial analysis for raw materials, work in process, and finished goods inventory.
  • Partner with Supply Chain, Operations, Procurement, and FP&A to develop and execute initiatives to reduce Days Inventory Outstanding (DIO).
  • Develop reporting that provides visibility into DIO by inventory category,

[…]
tain existing ones.

  • Comfortable operating in a fast-paced, rapidly scaling manufacturing environment.
  • Ability and willingness to work onsite in Austin Tuesday through Thursday each week.
  • Ability and willingness to travel to the Saltillo, Mexico manufacturing facility at least once per quarter and more frequently when business needs require.

Success in This Role

  • Complete and accurate CBOMs for manufactured products.
  • Reliable standard costs that reflect current manufacturing operations.
  • Strong ownership and controls over BOM and cost changes.
  • Accurate inventory valuation and strong inventory controls.
  • Measurable improvement in inventory turns and Days Inventory Outstanding.
  • Reduction in excess, obsolete, and slow-moving inventory.
  • Improved visibility into the drivers of inventory and working capital.
  • Timely and meaningful manufacturing variance analysis.
  • Improved visibility into product margins and manufacturing economics.
  • A disciplined and scalable manufacturing close.
  • Effective leadership and development of the Senior Plant Accountant in Mexico.
  • Strong partnership between Accounting, Engineering, Operations, Procurement, Supply Chain, and FP&A.

Benefits

We have created a community at Infinitum, where everyone feels a sense of belonging and is working together to achieve our goals.

  • Comprehensive Health Coverage (Medical/Dental/Vision)
  • Short-Term & Long-Term Disability Coverage
  • Health Savings Account (HSA) – includes employer contributions.
  • Flexible Spending Account (FSA) & Limited Purpose Flexible Spending Account
  • 401(k) – Traditional and Roth
  • Stock Options
  • Open Paid Time Off (PTO)
  • 12 Paid Holidays
  • Potential Relocation Assistance
  • Flexible schedule – including hybrid possibilities
  • Company Paid Lunch on Thursdays
  • Community Give-back Opportunities

Infinitum embraces diversity and is an equal opportunity employer.

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