GM Performance Power Units · 1 day ago
Cost Accountant
Concord, NC
Full-time
Onsite
Senior Level
5+ years expGM Performance Power Units is a company focused on performance and innovation in the automotive sector. They are seeking a Cost Accountant to manage inventory accounting, ensure compliance with accounting standards, and support the financial close process while collaborating with various teams.
AutomotiveElectric VehicleManufacturing
Responsibilities
Oversee inventory accounting including raw materials, work‑in‑progress (WIP), and finished goods. Ensure inventory is accurately valued and recorded
Perform periodic reconciliations of inventory subledgers and the general ledger; reconcile physical counts to book balances
Support and execute month‑end, quarter‑end and year‑end closing activities related to inventory and cost of goods sold, including journal entries, accruals, cost transfers
Maintain and update standard costs, overhead rates, labor, and other cost components; monitor & analyze cost variances (standard vs. actual) and provide explanations to management
Identify and review slow‑moving, obsolete, or excess inventory; coordinate with relevant teams to manage inventory reserves and write‑downs as necessary
Assist in or lead physical inventory counts and/or cycle count programs. Investigate discrepancies and ensure timely adjustments are made
Ensure inventory-related transactions (receipts, transfers, adjustments, returns) are properly documented, accounted for and comply with internal control policies
Produce regular inventory and cost reports for management, finance and operations; analyze and communicate trends, risks, and opportunities
Participate in audit activities (internal & external), including preparation of schedules related to inventory and cost of goods sold
Support continuous improvement of cost and inventory accounting processes, systems, and tools; help implement best practices
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Typically 5‑7 years of experience in inventory cost accounting, manufacturing accounting, or cost accounting roles
Strong understanding of cost accounting methodologies: standard costing, FIFO / LIFO / weighted average, overhead allocation, labor & material variances
Deep proficiency with accounting software / ERP systems (e.g. NetSuite, Oracle, SAP, IFS) and strong Microsoft Excel skills
Ability to analyze financial & operational data, identify root causes of variances and communicate findings effectively to stakeholders across departments
Strong attention to detail, organizational skills, ability to meet deadlines and high integrity
Preferred
Experience in manufacturing with complex inventory structures
Prior involvement in process improvement (LEAN, Six Sigma, or continuous cost improvement)
Experience with audit (internal or external) and SOX or compliance‑oriented environments
Familiarity with business intelligence / reporting tools (e.g. Power BI, Tableau) for inventory/cost analysis
Familiarity with FIA regulations
Company
GM Performance Power Units
GM Performance Power Units develops hybrid and electric powertrains for Cadillac's Formula 1 program.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase