About the job
About Base Power
Base Power is at the forefront of revolutionizing America's power landscape. We are committed to transforming the traditional centralized electricity grid into a robust and abundant system through the deployment of a comprehensive network of distributed batteries. Our team comprises engineers, operators, and creative thinkers dedicated to tackling some of the most complex interdisciplinary challenges of our time.
About the Role
As the Cost Accounting Manager, you will play a pivotal role in establishing the cost accounting function and associated systems, while also supporting accounting for our deployed inventory. This position will require close collaboration with operations, engineering, supply chain, and finance teams to ensure seamless production activities and precise financial reporting. This is a unique opportunity to join us at the ground level and shape the processes to your vision.
Key Responsibilities
- Develop and manage standard cost methodologies for materials, labor, and overhead.
- Lead the design of the inventory accounting system and processes, including BOM definitions, routings, and governance of item master data, in collaboration with operations and engineering teams.
- Establish and uphold cost accounting policies and procedures in compliance with US GAAP, ensuring thorough documentation.
- Work closely with cross-functional teams to resolve inventory discrepancies and enhance internal controls.
- Oversee inventory valuation, reserves, and capitalization guidelines for tooling and builds.
- Conduct regular analyses of material and production variances, identifying root causes for potential improvements.
- Support physical inventory counts and manage related adjustments in our ERP system.
- Facilitate month-end closing activities by managing inventory and related production accounts, ensuring timely and accurate reconciliations.
- Assist with the accounting of deployed battery systems, including installations, system swaps, and returns.
- Educate the business on key accounting rules and practices related to inventory and costing.
- Maintain a proactive and adaptable mindset, ready to assist with various tasks within the role's scope.
