DIRECTOR OF INVENTORY AND COST ACCOUNTING

Director of Inventory and Cost Accounting

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

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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.

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