We are seeking a highly skilled and detail-oriented Inventory Cost Accountant to join our team at Tesla to support automotive manufacturing operations. As an Inventory Cost Accountant, you will be primarily responsible for inventory accuracy while leading system improvement initiatives, monitoring and analyzing inventory consumption, variances, and reconciliations across raw material and WIP inventory. Additionally, you will provide financial insights and reporting to senior manufacturing and finance leadership on a recurring basis.
- Lead inventory system improvement initiatives to increase inventory accuracy and implement best practices across all warehouses and locations
- Work closely with operational inventory control teams to coordinate and enhance cycle count programs, ensuring accuracy and compliance
- Conduct in-depth analysis of inventory consumption, variances, and reconciliations related to all inventory including raw material and WIP
- Perform month-end and year-end close activities including inventory-related journal entries, accruals, and account reconciliations
- Monitor inventory accuracy metrics and prepare regular operational and finance reviews for Tesla executives, tracking and analyzing actual inventory costs, variances, and proposing corrective actions
- Maintain and develop management dashboards and analytic tools for inventory tracking and reporting
- Collaborate cross-functionally with finance, accounting, operations, and business teams to answer questions related to inventory and operational processes
- Degree in Accounting, related field, or equivalent experience with CPA license
- 3+ years of experience as a cost accountant or in a similar inventory/manufacturing cost analysis role with proven experience in operational inventory control and cycle counting programs
- Strong understanding of GAAP, supply chain, receiving, inventory flow, operations processes, and manufacturing cost accounting principles
- Experience leading system improvement projects and driving operational change to enhance inventory accuracy
- Advanced knowledge of MS Excel, experience with ERP systems, and strong SQL skills for data extraction and manipulation
- Tableau or dashboard development experience strongly preferred with proficiency in financial analysis, cost modeling, and variance analysis
- Strong analytical and problem-solving skills with excellent communication abilities and the capacity to develop innovative solutions to resolve complex inventory and manufacturing accounting challenges
Benefits
Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:
- Medical plans > plan options with $0 payroll deduction
- Family-building, fertility, adoption and surrogacy benefits
- Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
- Company Paid (Health Savings Accounts) HSA Contribution when enrolled in the High-Deductible medical plan with HSA
- Healthcare and Dependent Care Flexible Spending Accounts (FSA)
- 401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
- Company paid Basic Life, AD&D
- Short-term and long-term disability insurance (90 day waiting period)
- Employee Assistance Program
- Sick and Vacation time (Flex time for salary positions, Accrued hours for Hourly positions), and Paid Holidays
- Back-up childcare and parenting support resources
- Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
- Weight Loss and Tobacco Cessation Programs
- Tesla Babies program
- Commuter benefits
- Employee discounts and perks program
Expected Compensation
$76,000 - $132,000/annual salary + cash and stock awards + benefits
Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.