Cost Accountant II
Panasonic North America
**Overview**
Do you want to join a team that's changing the world? Do you have a strong background as a Cost Accountant? Then we're looking for you! Check out the job description and apply now! Put your skills to meaningful use, gain unique experience, and work with world-class team members with diverse backgrounds and expertise who share the same vision. Join the Panasonic Energy team today!
**Responsibilities**
Meet Panasonic (https://careers.na.panasonic.com/life-at-panasonic)
Meet the Recruiter: Natalie Hemmes
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**Shift:**
Day Shift
**Job Summary:**
The Cost Accountant II plays a critical function in the control, valuation, and financial reporting of inventory – including raw materials, work-in-progress (WIP), finished goods, and spare parts. The ideal candidate is detail-oreiented, analytical, and brings strong technical accounting knowledge, hands-on experience with SAP ERP and manufacturing systems, and leadership capabilities to support day-to-day operations and mentor junior staff. This position collaborates closely with the warehousing, supply chain, and accounts payable teams to ensure accurate and compliant inventory reporting. Additionally, the role supports production cost analysis, equipment utilization analysis, inventory cycle counts, and monthly financial close, ensuring accurate financial postings.
**Essential Duties:**
+ Manages and oversees the daily operations of inventory accounting, including raw materials, WIP, finished goods, and spare parts inventory.
+ Coordinates COGS reviews, cycle counts, and inventory management initiatives.
+ Collaborates with the Cost Accounting Supervisor to support month-end close processes, including inventory valuation adjustments, PPV analysis, and related journal entries postings.
+ Maintains and monitors inventory sub-ledgers, and ensures timely GL reconciliations.
+ Analyzes and explains variances between standard and actual costs, primarily focusing on Purchase Price Variance (PPV) and impacts related to FOB shipments.
+ Partners with Supply Chain and Warehouse teams to ensure proper recording and control of inventory movements through SAP, MES, and Asset Management systems.
+ Assists in the development, review, and maintenance of standard costs, BOM validations, and routing accuracy in SAP.
+ Supports internal and external audit requirements related to inventory and cost accounting.
+ Contributes to continuous improvement initiatives around inventory controls, cost transparency, and process automation.
+ Upholds internal controls in compliance with company policy, JSOX and GAAP.
+ Manages monthly reconciliations of vendor statements vs. PECNA raw material payables.
**Personal Protective Equipment (PPE) Requirements:**
+ To ensure the health and safety in the workplace and for the protection of our employees, wearing PPE is a possibility and may include equipment such as a full Tyvek suit, safety shoes, gloves, safety glasses, face mask, bump cap, and a full hazmat suit that includes a respirator.
_The foregoing description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills and efforts or work conditions associated with the job. It is intended to be an accurate reflection of the general nature and level of the job._
**Qualifications**
**Education** :
+ Basic/Required: Bachelor’s degree in Accounting, Finance or Economics or equivalent relevant work experience
+ Preferred: None
**Essential Qualifications** :
+ Minimum of 2 – 4+ years of work experience in Accounting and Finance; Experience in working with inventory is essential.
+ Working knowledge of fundamental accounting principles and procedures.
+ Knowledge of Cost Accounting methodologies, standard costing, actual costing, etc.
+ Experience and understanding of Inventory management best practices, is highly preferred.
+ Confident in using Microsoft Office with strong Microsoft Excel skills.
+ Knowledge of SAP, Oracle or another fully integrated ERP system is advantageous.
+ Skilled in cross-functional collaboration and problem solving.
+ Ability to tie supply chain acitivities and manufacturing process impacts to the general ledger.
+ An aspiring leader, and an effective and clear communicater.
+ Detailed oriented, highly analytical and ability to meet deadlines.
+ Understanding and experience with month-end, and year-end accounting processes.
+ Ability to reconcile general ledgers with sub-ledgers or other trasactional information.
**Preferred Qualifications** :
+ Cost Accounting experience is preffered but not essential.
+ Experience developing and maintaining SAP standard costs is highly valued
+ Highly organized and ability to balance multiple competing priorities.
+ Ability to work with domestic and international teams.
+ Resilient, self-motivated and able to work well under pressure.
+ Alignment to Panasonic’s seven (7) core principles (contribution to society, fairness and honesty, cooperation and team spirit, untiring effort for improvement, courtesy and humility, adaptability, gratitude).
**Preferred License(s):**
+ None
**Preferred Certification(s):**
+ None
**Physical Demands** :
Physical Activities: (Percentage of time (equaling 100%) during the normal workday the employee is required to)
+ Sit: 40%
+ Walk: 30%
+ Stand: 20%
+ Lift: 10%
Required Lifting and Carrying: (Required frequency is: Not required (0%), Occasional (1-33%), Frequent (34-66%, Continuous (67-100%)
+ Up to 10 lbs.: Occasional
+ Up to 20 lbs.: Occasional
+ Up to 35 lbs.: Occasional
+ Team-lift only (over 35 lbs.): Not Required
**About Us** :
Panasonic Energy Corporation of North America (PECNA) is collaborating with Tesla at a massive battery factory near Reno, Nevada which is known for its quality of life and expansive outdoor adventures. Panasonic's role at the Gigafactory is to manufacture and supply cylindrical lithium-ion cells to Tesla for their electric vehicles and energy storage systems.
Over the past few years, the Gigafactory has grown to the largest lithium-ion battery factory in the world. Together with our partner Tesla, we continue to revolutionize the lithium-ion battery space and accelerate the world’s transition to sustainable energy and transportation.
Our mission at PECNA is to make the vision of affordable Electric Vehicles a reality by producing the world’s safest, high quality, and lowest cost batteries. Through this effort we will create a clean energy society and our products will change society’s use of and perceptions of electric power.
In addition to an environment that is as innovative as our products, we offer competitive salaries and benefits.
**Supplemental Information** :
Pre-employment drug testing is required. Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S. without restriction.
Panasonic is an Equal Opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sex, sexual orientation, national origin, disability status, protected veteran status, and any other characteristic protected by law. All qualified individuals are required to perform the essential functions of the job with or without reasonable accommodation.
Thank you for your interest in Panasonic Energy Corporation of North America.
\#LI-NH1
2025-42997
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