Inventory Accounting Manager

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.

• Track and reconcile inventory across raw materials, subassemblies, WIP, and finished goods.
• Manage data integrity between ERP (Net Suite) and operational systems (MES, PLM, WMS). Resolve discrepancies between quantities, costs, and system records across locations or systems (e.g., Net Suite vs. MES).
• Maintain cost model, including overhead allocation and labor/machine rates.
• Analyze purchase price variances (PPV), material usage variances, and production inefficiencies to support margin analysis and COGS reporting.

• Maintain fixed asset schedules and manage capitalization policies for PP&E.
• Ensure proper classification between R&D prototypes vs. capitalizable production assets.
• Track depreciation and coordinate asset lifecycle management.

• Lead the automation of end-to-end transaction workflows and balance sheet reconciliations.
• Support with growing volume of transactions (accounting syncs, reimbursements, etc)
• Prepare technical accounting memos.

• Technical accounting analysis for new leases
• Manage monthly lease accounting reconciliation and entries.

• Support external reporting requirements for government grants or incentives.
• Assist with quarterly and annual compliance.

• Lead annual external financial audits.

• Education:
  
  Bachelor's in Accounting, Finance, or a related field. CPA preferred.
• 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.
• 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.
• Systems:
  Hands-on Net Suite experience, ideally including inventory and manufacturing modules. Experience with systems integration and reconciling ERP data against MES, PLM, and WMS systems.
• Analytical
  
  Skills:
  
  Strong attention to detail, organizational skills, and a knack for identifying and resolving discrepancies.
• Process building:
  Track record of designing and documenting controls and processes from scratch in a fast-scaling environment.
• Communication:
  Exceptional verbal and written communication skills for successful collaboration with vendors and internal stakeholders.

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.