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Accounting Manager

Faraday Future

Accounting Manager

Faraday Future

El Segundo, California, United States

·

On-site

·

Full-time

·

1w ago

Compensation

$120,000 - $150,000

Benefits & Perks

Healthcare

Dental

Vision

401(k)

Healthcare

401k

Required Skills

Cost accounting

Inventory accounting

Excel

SAP HANA

Financial analysis

Communication

The Company:

Faraday Future (FF) is a California-based mobility company, leveraging the latest technologies and world’s best talent to realize exciting new possibilities in mobility. We’re producing user-centric, technology-first vehicles to establish new paradigms in human-vehicle interaction. We’re not just seeking to change how our cars work – we’re seeking to change the way we drive. At FF, we’re creating something new, something connected, and something with a true global impact.

Your Role:

As the Accounting Manager, you will have a direct significant impact in support of our growth as we start and ramp up production and sales. You will outline our cost accounting policies and will be accountable for measuring and reporting manufacturing costs and ensure timely submission, accuracy and validity of inventory, gross margin schedules to management. You will also support the accounting department and implement and monitor the month, quarter and year-end closeout accounting schedules.

Responsibilities:

  • Monitor the process, accounting and posting of all cost and inventory related transactions such as standard cost setting and periodic standard cost roll, labor and overhead absorption, and freight and duties tracking.

  • Support month-end closing GL activities.

  • Design, implement and manage an excess and obsolete inventory reserve process.

  • Prepare monthly close and flux analysis on balance sheet accounts related to inventory. Investigate and resolve significant material, labor and overhead cost variances.

  • Review and analyze inventory and margin reports, conduct research and perform analytical studies in regard to cost and performance. Design and implement KPIs for management reporting.

  • Partner with Manufacturing and Supply Chain to drive operational improvements to reduce material, labor and overhead costs and reduce on-hand inventory levels,

  • Assist in month-end closing, prepare journal entries as necessary, analyze inventory valuation.

  • Assist in compliance with Sarbanes-Oxley Section 404 implementation.

  • Assist with cycle count/physical inventories.

  • Maintain internal control documentation and test internal controls.

  • Monitor emerging technology to determine ways to automate the accounting process without sacrificing accuracy and accountability

  • Support and assist internal department reporting requirements such as audit schedules, tax schedules and others.

  • Work on special projects as required.

Desired Skills & Experience:

  • Manufacturing experience required

  • Bachelor’s Degree in Finance or Economics discipline required.

  • MBA is preferred

  • Strong business acumen

  • 5+ years of cost and inventory accounting experience in SAP HANA.

  • Exceptional Excel skills and proficiency in MS Office suite

  • Exceptional, precise and clear communication, teamwork, cooperation, positive attitude, strong work ethic, and good sense of humor are a MUST in our company!

Annual Salary Range:

($120,000.00 - $150,000.00 DOE), plus benefits and incentive plans

Perks + Benefits

  • Healthcare + dental + vision benefits (Free for you/discounted for family)

  • 401(k) options

  • Casual dress code + relaxed work environment

  • Culturally diverse, progressive atmosphere

Faraday Future is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

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About Faraday Future

Faraday Future

Designs and manufactures artificial intelligence-based electric vehicles

51-200

Employees

Gardena

Headquarters

Reviews

2.7

10 reviews

Work Life Balance

2.5

Compensation

2.3

Culture

2.1

Career

1.8

Management

1.5

15%

Recommend to a Friend

Pros

Good people and collaborative team

Challenging and interesting projects

Being part of EV/startup experience

Cons

Poor management and leadership

Funding issues and layoffs

Lack of direction and transparency

Salary Ranges

0 data points

Junior/L3

Junior/L3 · Solution Architect

0 reports

$169,150

total / year

Base

-

Stock

-

Bonus

-

$143,778

$194,522

Interview Experience

52 interviews

Difficulty

3.3

/ 5

Duration

14-28 weeks

Offer Rate

37%

Experience

Positive 63%

Neutral 21%

Negative 16%

Interview Process

1

Phone Screen

2

Technical Interview

3

Hiring Manager

4

Team Fit

Common Questions

Technical skills

Past experience

Team collaboration

Problem solving