Job Description
Located 30 minutes outside of Boston, Desktop Metal (NYSE: DM) is pioneering a new generation of additive manufacturing technologies focused on the production of end-use parts. We offer a portfolio of integrated additive manufacturing solutions for engineers, designers and manufacturers comprised of hardware, software, materials and services. Our solutions span use cases across the product life cycle, from product development to mass production and aftermarket operations, and they address an array of industries, including automotive, aerospace, healthcare, consumer products, heavy industry, machine design and research and development. At Desktop Metal, we believe additive manufacturing, commonly referred to as 3D printing, is one of the most exciting and transformational technology innovations of our time.
The Cost Accounting Manager will support manufacturing operations, supply chain management and facilities. Responsibilities will focus on the areas of inventory, cost of goods, warranty and fixed assets.
Responsibilities:
- Responsible for all manufacturing cost accounting related activities: month-end close, standard cost setting, labor & overhead absorption, inventory management, freight and duty tracking and monitoring.
- Drive operational improvements and efficiencies on labor & overhead burden to improve business profitability.
- Perform variance analysis such as purchase price to cost variance, cost revaluation, invoice to PO price variances and work order variances.
- Partner with FP&A, finance and engineering teams to ensure Bill of Material accuracy, including knowledge of cost reduction impact on financials.
- Maintain cost system to ensure accuracy of inventory valuation and support manufacturing cost updates.
- Monitor transactions and processes including inventory movement, scrap, cycle counts and cost of goods to ensure accuracy and compliance with corporate policies.
- Assist in month-end closing, prepare journal entries and reconciliations for inventory, cost of goods and fixed assets.
- Analyze and report purchasing and manufacturing variances.
- Calculate excess & obsolescence and warranty reserves.
- Oversee quarterly and annual physical inventory.
- Develop and maintain SOX controls related to costing and inventory.
- Assist with and ensure successful quarterly reviews and year-end audits.
Requirements:
- Minimum of eight+ years of finance/accounting experience, focused on manufacturing/cost accounting
- Understanding of generally accepted accounting principles (GAAP) and internal controls
- Experience with public companies
- Comfortable in high growth environment
- Possesses exceptional organizational skills and is an effective time manager/multi-tasker
- Proficient in MS Office (Excel, Word, and PowerPoint)
- Experience with Infor (Syteline) ERP System, a plus
Education:
- Bachelor’s Degree in Accounting/Finance required, CPA a plus
At Desktop Metal, innovation is at the core of our DNA. And we believe ground-breaking discoveries are born from diverse teams with unique backgrounds and experiences. We are committed to employing a diverse workforce with equal employment opportunities regardless of race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, age, marital status, veteran status, or disability.
