<div class="content-intro">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.</div>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 <ul> <li> Track and reconcile inventory across raw materials, subassemblies, WIP, and finished goods. </li> <li> 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). </li> <li> Maintain cost model, including overhead allocation and labor/machine rates. </li> <li> Analyze purchase price variances (PPV), material usage variances, and production inefficiencies to support margin analysis and COGS reporting. </li> </ul> Capital Asset and Fixed Asset Accounting <ul> <li> Maintain fixed asset schedules and manage capitalization policies for PP&E. </li> <li> Ensure proper classification between R&D prototypes vs. capitalizable production assets. </li> <li> Track depreciation and coordinate asset lifecycle management. </li> </ul> General accounting <ul> <li> Lead the automation of end-to-end transaction workflows and balance sheet reconciliations. </li> <li> Support with growing volume of transactions (accounting syncs, reimbursements, etc) </li> <li> Prepare technical accounting memos. </li> </ul> Lease accounting management. <ul> <li> Technical accounting analysis for new leases </li> <li> Manage monthly lease accounting reconciliation and entries. </li> </ul> Tax <ul> <li> Support external reporting requirements for government grants or incentives. </li> <li> Assist with quarterly and annual compliance. </li> </ul> Audit Readiness <ul> <li> Lead annual external financial audits. </li> </ul> Requirements:  <ul> <li> Education: Bachelor’s in Accounting, Finance, or a related field. CPA preferred. </li> <li> 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. </li> <li> 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. </li> <li> 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. </li> <li> Analytical Skills: Strong attention to detail, organizational skills, and a knack for identifying and resolving discrepancies. </li> <li> Process building: Track record of designing and documenting controls and processes from scratch in a fast-scaling environment. </li> <li> Communication: Exceptional verbal and written communication skills for successful collaboration with vendors and internal stakeholders. </li> </ul> The US base salary range for this full-time position is $165,000 to $195,00 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.

Inventory Accounting Manager

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