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Director of Inventory and Cost Accounting

2 months ago


Fremont, United States Weee! Full time

**Director of Inventory and Cost Accounting**

at Weee Inc Fremont, California, United States ****About Weee****

and , and .

Weee is headquartered in Fremont, CA and currently available coast to coast with exceptional growth (6x YoY) across geographies, categories and ethnicities. We have raised $400M+ in funding to date from leading investors including , Blackstone, Tiger Global, Lightspeed Ventures, Goodwater Capital, XVC and iFly. The opportunity now is to join a rocketship as we prepare for the next stage of growth, and an eventual public listing.

**About the role**

Reporting to the Corporate Controller, the Director of Inventory and Cost Accounting will be a key member of the finance team and financial business partner for the business operations. In addition to analyzing and interpreting financial performance, this position will work closely with Ops Finance processes and analysis related to annual budgeting, quarterly forecasting, month-end closings, and other ad-hoc reporting. This position requires strong leadership and presentation ability, cost accounting expertise, an analytical mindset, critical thinking, adaptability, organizational and task management skills. The right person is comfortable wearing many hats. They enjoy working in a collaborative environment and are a self-starter.

**Responsibilities**

* Recruit, hire, coach, mentor, train and develop the cost accounting team.

* Oversee all cost accounting activities including the compilation and review of cost and accumulation data, operating reports, break-even point identification, margin breakdowns, variance investigations, process constraint analysis, target costing projects, profit and loss statements, inventory reviews and vendor comparisons as well the analysis of and improvements to all related processes.

* Responsible for all inventory cost accounting related activities including month end close, balance sheet reconciliations, standard cost setting, inventory management, and related overhead absorptions.

* Work with the warehouse inventory control team to monitor, track and improve the inventory count (cycle count) process and inventory accuracy.

* Work closely with the supply chain team to understand delivery schedules, contracts, inventory movements and other supply chain matters in order to ensure inventory is fairly stated on the balance sheet.

* Create processes to perform variance analysis such as Purchase Price Variance, Usage Variance, Efficiency Variance and Labor Rate Variance.

* Develop Activity Base Costing for overhead departments.

* Review, report and provide commentary/analysis of costs against prior periods, plan and latest forecast.

* Participate in the maintenance and review for purchased SKUs and prepare cost estimates for new SKUs as needed.

* Partner with different functions of the business to ensure accuracy and control of master data related to Item Master, Bill of Materials, Product Router and Inventory Transactions Types.

+ Perform financial analysis regarding business performance, with the overall objective of assisting and guiding the regional teams.

+ Supports Operations in preparing monthly business review meetings by helping to prepare explanations of variances to Forecast.

+ Develop and document controls, processes and procedures related to inventory and cost accounting.

+ Assist with and ensure successful quarterly and year end audits, including managing physical inventory counts at year-end.

+ Provide leadership and take accountability for identifying and driving process and systems improvements initiatives.

+ Prepare ad hoc reporting and analyses and assist team with research on cost accounting questions and assist with special projects as requested

* Collaborate with warehouse management to drive best practices in terms of receiving, shipping, and inventory management that support the achievement of inventory accuracy goals.

**Qualifications**

* This is an exciting role, supporting and building the accounting function in a high growth environment. The right manager will have excellent quantitative, written and oral persuasive skills and have the emotional intelligence to navigate a diverse work environment and business while driving a performance oriented culture. Key requirements include:

* A collaborative team player, able to partner with internal and external contacts at all levels

+ Build positive relationships within finance and non-finance teams to make recommendations, implement process/policies, etc

+ Proven ability to effectively communicate complex matters to all employee levels through company-wide communications

* Ability to manage multiple tasks under deadlines with meticulous attention to detail

+ Perform and manage multiple tasks simultaneously, exercise initiative and creativity to

meet deadlines and goals

+ Organized, strategically focused, detailed oriented, and able to deal with ambiguity in a

constantly evolving environment

* Excellent analytical capabilities including Microsoft Excel skills and spreadsheet analysis techniques required with strong attention to detail

* 10+ years professional experience in cost accounting, cost analysis, accounting, or similar functions

* Experience in the fresh produce/food industry preferred

* Experience with SAP financials (or other major ERP System) and related modules.

* Strong interpersonal and communication skills (i.e. oral and written).

* Must be able to work in a fast-paced, detail-oriented and confidential environment.

**U.S. Equal Opportunity Employment Information (Completion is voluntary)**

Individuals seeking employment at Weee Inc are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely **voluntary**. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Gender

Please identify your race

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Veteran Status


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