Cost Accountant

ILIA is seeking an experienced and highly motivated Cost Accountant to help support inventory and cost accounting activities in a fast-growing consumer goods environment. This role is responsible for maintaining accurate inventory and COGS reporting, supporting month-end close, and driving cost tracking related to production, freight, and warehousing. Working within a shared services structure, the Cost Accountant collaborates closely with Accounting, Supply Chain, and Operations to ensure accurate product costing, timely inventory reconciliation, and strong internal controls that scale with the business.

This role is hybrid, open to candidates based in Southern California and will report on-site at our Laguna Beach, CA office 1-2x week.

• Support month-end close activities related to inventory, COGS, and cost-related accruals; ensure accurate cut-off and proper classification of inventory-related spend

• Prepare and maintain inventory reconciliations between the ERP system (Net Suite preferred), 3PL reports, and the general ledger on a monthly basis

• Assist with landed cost tracking, including freight, duties, and other inbound logistics costs; ensure proper allocation to inventory

• Support cost updates and review standard costs, purchase price variances (PPV), and bill of materials (BOM) costing to ensure accuracy

• Track and analyze inventory adjustments, write-offs, and reserves for obsolete, slow-moving, or damaged inventory

• Partner with Supply Chain and Operations teams to validate inventory movements and ensure financial reporting reflects actual inventory positions

• Assist with cycle count and physical inventory processes, including variance investigation, root cause analysis, and reconciliation to the general ledger

• Support month-end, quarter-end, and year-end close processes; prepare journal entries and supporting schedules related to inventory, COGS, accruals, and reserves

• Take ownership of miscellaneous month-end accounting tasks as assigned, including prepaid amortization, accrual true-ups, intercompany entries, and other general ledger close items to ensure completeness and accuracy of the financial close

• Prepare and review account reconciliations across assigned general ledger accounts; investigate and resolve reconciling items on a timely basis

• Flex to support the broader Accounting team during peak close periods, including assistance with journal entries, reconciliations, and ad hoc tasks across departments as needed

• Maintain organized documentation and supporting schedules to support external audits, internal reviews, and compliance requests

• Ensure compliance with GAAP, internal accounting policies, and Shared Services procedures; flag exceptions or control gaps to the Accounting Manager

• Assist with SOX-readiness, internal control documentation, and remediation of audit findings as applicable

• Prepare cost and inventory variance analyses, including PPV, absorption variances, and freight cost trends; summarize findings for the Accounting Manager and Finance leadership

• Support analysis of obsolete inventory, slow-moving stock, and inventory reserve movements on a monthly basis

• Assist in the preparation of balance sheet reconciliations and P&L fluctuation commentary related to cost and inventory accounts

• Provide ad hoc cost and inventory reporting to support cross-functional teams including Operations, Supply Chain, and FP&A

• Actively leverage AI tools and automation technologies to drive efficiencies across accounting workflows — including reconciliations, journal entry preparation, variance analysis, and close reporting — reducing manual effort and improving accuracy

• Identify opportunities to apply AI-assisted solutions to standardize and scale recurring accounting processes; champion adoption of new tools within the Shared Services team

• Use AI and data tools to improve team productivity — including building smarter reporting templates, automating routine data pulls, and accelerating the preparation of supporting schedules and close packages

• Partner with Accounting and…