Inventory Accounting Manager

Figure AI; San Jose (CA); On-site; USD 165,000 - 195,000; Full time

Job summary

Figure AI, an AI robotics company in San Jose, CA, is hiring an Accounting Manager focused on Inventory. You will own inventory and cost accounting, building end-to-end processes and deploying systems to support scale in a high-growth hardware environment.

You will reconcile data between NetSuite and MES/PLM/WMS, maintain cost models, analyze variances, and lead lease, asset, and general accounting work streams. Excellent communication and mentorship are required.

Qualifications

• 8+ years in accounting, with 5+ years in cost and inventory accounting.
• Experience in hardware/manufacturing environment.
• US GAAP expertise: ASC 330, ASC 360, ASC 842, and R&D vs capitalizable costs.
• Hands-on NetSuite experience with inventory/manufacturing modules.
• Strong analytical, process-building, and documentation skills.
• Excellent communication with vendors and internal stakeholders.

Responsibilities

• Own inventory and cost accounting processes end-to-end.
• Reconcile data between NetSuite and MES/PLM/WMS; resolve discrepancies.
• Maintain cost model including overhead allocation and labor/machine rates.
• Analyze variances (PPV, material usage) for margin and COGS.
• Lead fixed asset accounting and asset lifecycle management.
• Drive automation of end-to-end transaction workflows and reconciliations.
• Prepare technical accounting memos and assist with external audits.

Skills

Analytical skills

Attention to detail

Organizational skills

Communication

Process design

Education

Bachelor's in Accounting or Finance

CPA preferred

Tools

NetSuite

MES

PLM

WMS

Job description

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.

We are looking for an Accounting Manager, with a focus on Inventory. This role will own the inventory and cost accounting, including building processes and deploying systems from end to end.

Responsibilities:

Cost Accounting and Inventory Management

• Track and reconcile inventory across raw materials, subassemblies, WIP, and finished goods.
• Manage data integrity between ERP (NetSuite) and operational systems (MES, PLM, WMS). Resolve discrepancies between quantities, costs, and system records across locations or systems (e.g., NetSuite 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.

Capital Asset and Fixed Asset Accounting

• 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.

General accounting

• 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.

Lease accounting management.

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

Tax

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

Audit Readiness

• Lead annual external financial audits.

Requirements:

• 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 NetSuite 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.