Sr. Manager, Cost Accounting at Wonder

New York, New York, United States

Wonder Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Food & Beverage, Technology, LogisticsIndustries

Requirements

  • Minimum of 5 years of experience in cost accounting
  • Experience in a manufacturing, distribution, or similar industry
  • Expert-level knowledge of cost accounting principles and financial analysis
  • Proficiency in ERP systems (e.g., Netsuite, Microsoft Dynamics)
  • Proficiency in Microsoft Excel (e.g., v/xlookup, PivotTables, sumproduct)
  • Proficiency with databases (e.g. SQL, BigQuery)
  • Exceptional analytical, problem-solving, and communication skills
  • Ability to work effectively with cross-functional teams and influence stakeholders at all levels
  • Strong attention to detail and a high degree of accuracy
  • Ability to manage multiple priorities and meet tight deadlines

Responsibilities

  • Perform month-end close activities, including preparing and posting journal entries, and completing reconciliations
  • Develop and maintain standard costs of raw materials, finished goods and production components
  • Monitor direct & indirect costs associated with production
  • Review inventory regularly and recommend appropriate reserves in accordance with company policy, including excess inventory and lower of cost or market adjustments
  • Ensure that intercompany inventory transfers are properly recorded in accordance with transfer pricing policies
  • Analyze and report on a variety of logistics costs, including inbound and outbound freight, warehousing, and last-mile delivery
  • Maintain and improve processes and controls associated with manufacturing costs and inventory valuation
  • Prepare cost-related financial reports, including product costs, manufacturing overhead, and inventory valuation
  • Drive the automation of cost reporting and analysis, leveraging technology to enhance efficiency and accuracy
  • Act as the subject matter expert for cost accounting modules within the company's ERP and inventory systems
  • Collaborate with cross-functional teams to research and resolve inventory-related issues and requests, ensuring inventory records remain accurate, timely, and reliable
  • Support cross-functional initiatives and participate in training activities with related business areas to strengthen operational knowledge, promote collaboration, and enhance overall inventory management practices
  • Participate in special projects, optimization initiatives, ERP & inventory system enhancements, internal controls, and ad hoc analyses

Skills

Key technologies and capabilities for this role

Cost AccountingManufacturing AccountingERPStandard CostingInventory ManagementMonth-End CloseJournal EntriesFinancial ReconciliationsProcess ImprovementsSupply Chain Collaboration

Questions & Answers

Common questions about this position

What are the key responsibilities of the Sr. Manager, Cost Accounting role?

Key responsibilities include performing month-end close activities, developing and maintaining standard costs, monitoring production costs, reviewing inventory for reserves, analyzing logistics costs, improving processes and controls, preparing cost reports, driving automation, acting as ERP cost accounting expert, and collaborating with cross-functional teams.

What skills and background are required for this cost accounting position?

The role requires a strong background in manufacturing, deep understanding of cost accounting principles, ability to drive process improvements and strategic initiatives, and expertise in ERP systems for cost and inventory management.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for the Sr. Manager, Cost Accounting role?

This information is not specified in the job description.

What kind of company culture or team environment can I expect at Wonder?

Wonder features a collaborative team of technology, culinary, and logistics pioneers, with close cross-functional collaboration across operations, logistics, supply chain, and other teams to support innovative food accessibility initiatives.

Wonder

Curated multi-restaurant meal delivery service

About Wonder

This company excels in the food delivery industry by offering a distinctive approach that allows customers to enjoy a curated selection of meals from top chefs and restaurants, all through a single delivery. Its commitment to enhancing dining convenience through advanced on-site cooking technology and efficient delivery systems positions it as a leader in its sector. Working here, one would be part of a team that values streamlined service delivery and culinary excellence, making it an attractive employer for those passionate about food technology and customer satisfaction.

New York City, New YorkHeadquarters
2018Year Founded
$1,507.7MTotal Funding
LATE_VCCompany Stage
Consumer Software, Design, EducationIndustries
1,001-5,000Employees

Benefits

Competitive Salary Package
Equity and 401K matching
Medical Plan
Dental Plan
Vision Plan

Risks

Increased competition from Uber Eats and DoorDash could impact Wonder's market share.
Integration challenges from Grubhub acquisition may affect service quality and efficiency.
Rising fuel costs could increase operational expenses for Wonder's truck-based model.

Differentiation

Wonder operates truck-based restaurants, ensuring fresh, on-site food preparation.
Wonder's acquisition of Grubhub expands its market presence and delivery capabilities.
Partnerships with local farms enhance food quality and appeal to health-conscious consumers.

Upsides

Wonder raised $950M in Series C funding, boosting its growth potential.
Integration of AI for route optimization can reduce costs and improve delivery times.
The trend of ghost kitchens allows Wonder to expand menu offerings without physical space.

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