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Senior Accountant, Cost and Manufacturing Accounting

Neuralink · Austin, Texas, United States · $95k–$177k

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

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Mid level

Open 16 days

The posting, as Neuralink wrote it

About Neuralink

We are creating devices that enable a bi-directional interface with the brain. These devices allow us to restore movement to the paralyzed, restore sight to the blind, and revolutionize how humans interact with their digital world.

Team Description

The Finance Team at Neuralink plays an important role in fueling our mission to develop groundbreaking brain-machine interfaces that restore autonomy to individuals with unmet medical needs. The Accounting Team oversees the Company’s core financial operations, including the preparation of financial statements, corporate tax filings, equity administration, insurance management, and treasury functions. The team also plays an important role in handling technical accounting issues from identification, research, and implementation to monitoring and revision.

Job Description and Responsibilities

Build the foundation of Neuralink’s cost accounting function in a complex, vertically integrated manufacturing environment. We design and build our own brain implants, including micron-scale electrode threads and the needle cartridges that insert them, along with the surgical robot that places them. As the first dedicated owner of cost accounting, you will establish how we capture, allocate, and report manufacturing costs, then own and improve these processes as our manufacturing capabilities scale.

This role combines hands-on cost accounting, technical accounting judgment, and meaningful ownership of systems design. You will work directly with Engineering, Manufacturing, Operations, and Software teams to shape the accounting requirements of our internally developed ERP and manufacturing systems and how they evolve. You will also support the Company’s external audit and help design, document, and test internal controls over financial reporting. The processes and systems you build will connect how our products are manufactured with how their costs are measured and reported. This function is built on disciplined execution: accurate costing, traceability, and controls designed to support manufacturing as it scales.

Key responsibilities include

  • Building and owning the cost accounting function, including cost centers, allocation and absorption methodologies, and standard versus actual cost treatment across implant and surgical robot manufacturing
  • Partnering directly with Engineering, Manufacturing, Operations, and Software teams to translate how our products are built into practical accounting processes, including tracking materials, inventory movements, labor, equipment time, and manufacturing overhead
  • Serving as a key accounting stakeholder in the design and evolution of our internally developed ERP and manufacturing systems, defining requirements for inventory valuation, manufacturing cost capture, and the flow of financial data into the ledger
  • Researching complex U.S. GAAP matters and preparing clear technical memoranda and accounting policies, including inventory and manufa

[…]
defining accounting requirements for ERP implementation, configuration, or in-house development, particularly inventory and costing functionality, and an understanding of how data flows from BOM to PO to receipt to the ledger

  • Experience in complex or vertically integrated manufacturing environments, including robotics, medical devices, or advanced hardware
  • Experience designing, documenting, or testing internal controls over financial reporting, including management testing of controls
  • Experience at a company transitioning from development to commercial manufacturing
  • Experience with standard costing, variance analysis, or absorption costing
  • Technical accounting experience with internal-use software and cloud computing capitalization or revenue recognition
  • Intermediate to advanced Excel skills

Expected Compensation

The anticipated base salary for this position is expected to be within the following range. Your actual base pay will be determined by your job-related skills, experience, and relevant education or training. We also believe in aligning our employees’ success with the company's long-term growth. As such, in addition to base salary, Neuralink offers equity compensation (in the form of Restricted Stock Units (RSU)) for all full-time employees.

Base Salary Range

$95,000 — $177,000 USD

What We Offer

Full-time employees are eligible for the following benefits listed below.

  • An opportunity to change the world and work with some of the smartest and most talented experts from different fields
  • Growth potential; we rapidly advance team members who have an outsized impact
  • Excellent medical, dental, and vision insurance through a PPO plan
  • Paid holidays
  • Commuter benefits
  • Meals provided
  • Equity (RSUs) *Temporary Employees & Interns excluded
  • 401(k) plan *Interns initially excluded until they work 1,000 hours
  • Parental leave *Temporary Employees & Interns excluded
  • Flexible time off *Temporary Employees & Interns excluded