Sr. Manager, Cost Accounting

Bloom Energy

San Jose (CA)

Hybrid

USD 168,000 - 242,000

Full time

4 days ago
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Job summary

Bloom Energy is seeking a Senior Manager, Cost Accounting in San Jose, CA, to lead cost and inventory accounting, standard costing, and related close processes. You will partner with Operations, Manufacturing, and FP&A to drive accuracy and timely reporting, while supporting audits and policy development.

The role requires deep U.S. GAAP knowledge, strong analytical skills, and 10+ years of progressive experience in cost/inventory accounting within a public company setting.

Qualifications

  • Strong cost accounting background with comprehensive knowledge of US GAAP, inventory accounting, and standard costing.
  • Experience with manufacturing variances, cost of revenue, and reserves.
  • Ability to lead cost accounting close processes and support audits.
  • Ability to communicate accounting implications to non-finance partners.

Responsibilities

  • Lead cost and inventory accounting functions including standard costing and variance analysis.
  • Own monthly and quarterly close process with journal entries and reconciliations.
  • Coordinate cross-functional reviews for cost and inventory updates and prepare audit schedules.
  • Support external auditors and annual audit processes related to cost and inventory.

Skills

Cost accounting
US GAAP
Inventory accounting
Standard costing
Variance analysis

Education

Bachelor's degree in accounting or finance
CPA or CMA preferred

Job description

At Bloom Energy, our vision for a world powered by clean, reliable, and affordable energy is more than just a dream—we’re making it reality.For over two decades, we’ve been at the forefront of the global energy transition, pioneering solutions that empower critical industries to thrive in a rapidly digitizing, energy-intensive world. From revolutionizing power for AI-driven data centers to ensuring resilience for hospitals, electric grids, manufacturing facilities, and utilities, our solid oxide fuel cell (SOFC) and solid oxide electrolyzer (SOEC) technologies are redefining what’s possible by delivering energy abundance for all. With more than 30,000 fuel cell modules deployed worldwide, we are the trusted partner for Fortune 100 companies and innovators alike. Our cutting-edge solutions enable unparalleled “time-to-power” capabilities, reliability, and sustainability, ensuring our customers remain ahead in a world where soaring energy demand and intensifying energy scarcity are rapidly becoming the new norm.At Bloom, we thrive on collaboration, bold thinking, and relentless innovation. We believe that, together, we can create a brighter, more sustainable future while tackling the most pressing challenges of the 21st century.Bloom Energy is the leading force in transforming the way energy is generated and delivered. We are driving toward the parallel goals of growing a dynamic and forward-thinking company while creating a positive impact on our environment. Our company is filled with smart and innovative thinkers and doers, and we never stop striving to improve our technology, to expand and improve our company performance, and to develop and support the many talented employees that serve our mission.We are looking for a **Senior Manager, Cost Accounting** to join our team in one of today’s most exciting technologies. This role will report to **Director, Cost Accounting** and will be based in **San Jose, California**.The **Senior Manager, Cost Accounting** will be responsible for leading key aspects of the Company’s cost accounting and inventory accounting functions, including the integrity, accuracy, and timely completion of inventory valuation, standard costing, manufacturing variance analysis, cost of revenue, excess and obsolete inventory reserves, and related close and reporting deliverables. This leader will oversee technical accounting analysis and documentation for complex manufacturing, inventory, and supply chain matters, and will serve as a key advisor to finance leadership and business partners. The Senior Manager will manage the monthly and quarterly cost accounting close process, support the quarterly review and annual audit process for cost and inventory-related areas, and drive alignment across cross-functional teams. This role requires strong cost accounting expertise and extensive U.S. GAAP experience, including inventory accounting, standard costing, manufacturing variances, lower of cost or net realizable value assessments, excess and obsolete inventory reserves, warranty and accrual considerations, cost capitalization, and other complex operational accounting matters.**Role and Responsibilities*** Lead key aspects of the Company’s cost accounting and inventory accounting functions, including standard costing, manufacturing variance analysis, inventory valuation, cost of revenue, and related close and reporting processes* Own the monthly and quarterly cost accounting close process, including journal entries, account reconciliations, inventory roll forwards, purchase price variance analysis, work order analysis, reserves, and related management reporting* Drive the quarterly cost and inventory review cycle, including cross-functional reviews, executive updates, audit support, and coordination with leaders across Operations, Supply Chain, Manufacturing, FP&A, and Procurement* Support the quarterly review and annual audit process for cost accounting and inventory-related areas, including preparation and review of audit schedules, issue resolution, and coordination with external auditors* Oversee analysis and documentation of technical accounting conclusions for inventory valuation, excess and obsolete inventory reserves, lower of cost or net realizable value assessments, capitalization judgments, warranty-related matters, and other complex operational accounting topics* Serve as a cost accounting advisor to business functions, helping evaluate manufacturing, sourcing, inventory, and supply chain activities and communicate accounting implications to support business objectives* Monitor emerging accounting, operational, and process matters related to inventory and cost accounting, assess their impact on the Company, and support implementation of related accounting and control changes* Partner with Operations, Supply Chain, Manufacturing, FP&A, Procurement, Logistics, and Engineering to improve cost visibility, inventory accuracy, variance analysis, and reporting discipline* Develop, update, and enhance cost accounting policies, procedures, controls, and related SOX documentation, as needed* Lead, mentor, and develop cost accounting team members and promote strong execution, ownership, and continuous improvement**Education, Skills and Experience*** Strong cost accounting background with comprehensive knowledge of U.S. GAAP, SOX, inventory accounting, standard costing, manufacturing variance analysis, and preparation of related accounting analyses and documentation* Bachelor’s degree in accounting or finance required; CPA or CMA preferred* Minimum of 10 years of progressive accounting experience preferred, including cost accounting, inventory accounting, manufacturing accounting, or related operational accounting experience; public company experience preferred* Demonstrated ability to lead cost accounting close processes, inventory accounting, audit support, internal controls, and cross-functional operational accounting processes at scale* Deep expertise in standard costing, inventory valuation, purchase price variances, manufacturing variances, overhead absorption, work order analysis, inventory reserves, cost capitalization, and cost of revenue reporting* Strong analytical, problem-solving, and judgment skills, with the ability to evaluate complex manufacturing, inventory, supply chain, warranty, accrual, and operational accounting matters* Ability to clearly and concisely document and communicate complex accounting and operational matters to finance leadership, external auditors, operations partners, and other stakeholders* Proven ability to operate independently in a fast-paced environment, manage competing priorities, meet deadlines, and lead team members effectively* Outstanding project management and organizational skills, with demonstrated ability to establish clear timelines, manage dependencies, and drive accountability* Excellent oral and written communication skills, including the ability to articulate complex accounting issues clearly, succinctly, and in plain English* Excellent interpersonal skills, strong attention to detail, and a high level of ethics and integrityBloom Energy is an equal opportunity employer and makes employment decisions on the basis of merit. We are committed to compliance with all applicable laws providing equal employment opportunities. All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, national origin, protected veteran status, or on the basis of disability. Bloom Energy makes reasonable accommodations, consistent with applicable laws, for the known physical or mental limitations of an otherwise qualified applicant or employee with a disability, who can perform the essential job functions, unless undue hardship would result.Bloom Energy is committed to fair and equitable compensation practices. The total compensation for this position includes standard company benefits and is based on various factors including, but not limited to, relevant skills and experience.FULL TIME ROLE ONLY: The total compensation for this position includes standard company benefits and is based on various factors including, but not limited to, relevant skills and experience. #LI-JM# Salary Ranges:$168,100.00 - $241,900.00
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