Backed by a16z, Kleiner Perkins and Lightspeed.
About the role
Nexthop.ai, headquartered in Santa Clara, builds high-efficiency AI networking infrastructure for the world’s largest cloud operators and neoclouds. Following its $500M Series B at a $4.2B valuation, the company is scaling production quickly, and this role will build the cost accounting foundation for its contract manufacturing operations. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- Product Costing: Own standard costs, BOM and routing cost rolls, inventory revaluations, labor and overhead absorption rates, and WIP accounting, analyze and explain manufacturing variances and gross margin analysis
- Consigned and non-consigned inventory: Reconcile consigned balances with contract manufacturer and ensure the inventory subledger ties to the GL monthly
- Adjustments and reserves: Own E&O, NPI, and lower-of-cost-or-NRV reserves, review and approve inventory adjustments and write-offs, and prepare E&O analysis
- Physical inventory and cycle counts: Manage physical inventories, drive inventory record accuracy, and book and support count adjustments
- Month-end close: Deliver all cost and inventory close activities on schedule, including journal entries, accruals, reconciliations, and the monthly cost and inventory reporting package
- Controls and audit: Maintain internal controls over inventory and costing, document policies, support audit
More about this role
Nexthop.ai, headquartered in Santa Clara, builds high-efficiency AI networking infrastructure for the world’s largest cloud operators and neoclouds. Following its $500M Series B at a $4.2B valuation, the company is scaling production quickly, and this role will build the cost accounting foundation for its contract manufacturing operations.
Position Summary
We are seeking a Cost Accounting Manager to own product costing, inventory accounting, and manufacturing overhead. This role will partner closely with Operations, Supply Chain, and the CM team.
Key Responsibilities
- Product Costing: Own standard costs, BOM and routing cost rolls, inventory revaluations, labor and overhead absorption rates, and WIP accounting; analyze and explain manufacturing variances and gross margin analysis.
- Consigned and non-consigned inventory: Reconcile consigned balances with contract manufacturer and ensure the inventory subledger ties to the GL monthly.
- Adjustments and reserves: Own E&O, NPI, and lower-of-cost-or-NRV reserves, review and approve inventory adjustments and write-offs, and prepare E&O analysis.
- Physical inventory and cycle counts: Manage physical inventories, drive inventory record...
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