About the role
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.
Aplyr's read
Faraday Future is an ambitious electric vehicle manufacturer striving to redefine automotive innovation with cutting-edge technology and sustainable practices.
What's promising
- •Focus on high-performance electric vehicles positions Faraday Future at the forefront of automotive innovation.
- •Recent hires in AI and robotics suggest strong investment in advanced technology development.
- •Commitment to sustainability aligns with growing consumer demand for eco-friendly transportation solutions.
What to watch
- •Financial instability and past funding challenges raise concerns about long-term viability.
- •Delayed product launches may impact market competitiveness and consumer trust.
- •Leadership turnover could affect strategic consistency and company morale.
Why Faraday Future
- •Emphasis on integrating AI into vehicle platforms sets it apart from traditional automakers.
- •The FF 91 model showcases unique features like autonomous driving and smart connectivity.
- •Faraday Future's focus on a luxury electric vehicle market differentiates it from mass-market EV producers.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Faraday Future
Faraday Future is an American electric vehicle manufacturer focused on developing high-performance electric cars and smart mobility solutions. The company aims to revolutionize the automotive industry with innovative technology and sustainable practices.
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