Inventory Accounting Manager

figure.ai; San Jose, Northern (CA, KY); Hybrid; USD 165,000 - 195,000; Full time

Job summary

Figure, an AI robotics company headquartered in San Jose, CA, is seeking an Accounting Manager focused on inventory. You will own inventory and cost accounting, building processes and deploying systems end to end.

Responsibilities include cost accounting, tracking across materials, WIP and FG, data integrity between NetSuite and MES/PLM/WMS, fixed assets, lease accounting, and readiness for audits. CPA, 8+ years preferred.

Qualifications

• Bachelor’s degree in accounting, finance, or a related field; CPA preferred.
• 8+ years in accounting, including 5+ years in cost and inventory accounting at hardware or manufacturing.
• Deep US GAAP experience for inventory, fixed assets, leases, and R&D vs capitalizable costs.
• Hands-on NetSuite experience, especially inventory and manufacturing modules.

Responsibilities

• Cost accounting and inventory management across raw materials, subassemblies, WIP, and finished goods.
• Track and reconcile inventory; ensure data integrity between NetSuite and MES/PLM/WMS.
• Maintain cost model with overhead allocation and labor/machine rates.
• Analyze variances and provide insights for margin and COGS reporting.
• Lease and fixed asset accounting, capitalization policies, depreciation, and lifecycle.
• Lead end-to-end transaction workflows, reconciliations, and audit readiness.
• Support external reporting for government grants or incentives and compliance.

Skills

Inventory management

Cost accounting

US GAAP ASC 330

NetSuite

Data integrity

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.