Senior Cost Accounting Analyst, New Ventures - job 3 of 6

As a Senior Cost Accounting Analyst at Axon, your main responsibilities include executing the month-end close process, preparing journal entries, conducting account reconciliations, and managing standard cost variance audits. You’ll also oversee inventory adjustments and assist with the preparation of weekly reporting packages, ensuring timely and accurate financial reporting in line with US GAAP.

To qualify for the Senior Cost Accounting Analyst position at Axon, you should have at least five years of accounting experience in a fast-paced environment, preferably in public or pre-IPO companies. A Bachelor’s degree in accounting or finance is essential, along with experience in SOX control documentation and a strong understanding of standard costing and variance reporting.

A Senior Cost Accounting Analyst contributes to Axon's mission by ensuring accurate financial reporting and supporting process improvements that enhance the company’s financial operations. By providing timely analyses and collaborating across departments, you help ensure that Axon can effectively allocate resources to its mission of protecting life and ensuring safety.

Essential skills for a Senior Cost Accounting Analyst at Axon include strong analytical abilities, attention to detail, proficiency in Excel, and excellent collaboration and communication skills. The role also requires critical thinking to identify areas for process improvements and the ability to manage multiple tasks effectively.

Axon offers a range of professional growth opportunities for Senior Cost Accounting Analysts, including access to learning and development programs, emotional and mental wellness support, and a generous benefits package. The dynamic work environment encourages continuous learning and collaboration, enabling you to enhance your skills while contributing to meaningful work.

In handling month-end closing processes, it’s crucial to have a structured approach. I ensure that all financial transactions are recorded accurately and on time. I prepare journal entries and perform thorough account reconciliations to identify discrepancies. Communication with relevant teams is vital to verify that all entries align with operational outcomes.

I have substantial experience with standard costing, where I focus on setting accurate standard prices for goods and services. For variance analysis, I regularly compare standard costs to actual production costs, identifying and explaining variances to management. My goal is to provide actionable insights that drive better financial performance.

In my previous role, I noticed that the inventory reconciliation process was time-consuming and error-prone. I proposed a new automated tool that streamlined data entry and provided real-time updates. After implementation, our reconciliation time decreased by 30%, allowing the team to focus on analysis rather than manual tasks.

I have extensive experience using ERP systems like NetSuite, alongside proficiency in Excel for data analysis. I have also worked with Salesforce for better integration of financial reporting with customer and sales data. Familiarity with these tools enhances efficiency and accuracy in accounting processes.

I prioritize my tasks by using a combination of urgency and importance. I create a daily checklist and allocate time blocks for each task, ensuring that critical deadlines are met first. Regular communication with team members helps me adjust priorities and stay on track for upcoming objectives.

To ensure accuracy in financial reports, I double-check all calculations and data entries against source documents. I maintain a meticulous audit trail and collaborate with internal teams to validate figures before final submission. Regular reconciliations also help catch discrepancies early.

Compliance in accounting refers to adhering to established financial regulations, policies, and standards, such as US GAAP and SOX guidelines. I ensure compliance by staying updated with changes in accounting standards and implementing necessary controls throughout the accounting process.

I approach collaboration by fostering open communication and understanding the unique challenges faced by each department. I believe in building strong working relationships, sharing insights, and addressing concerns proactively to ensure that financial operations align with overall business objectives.

I faced a financial challenge when a significant variance was identified in our inventory reserves. I conducted a thorough analysis and found discrepancies in the recording of obsolete inventory. By collaborating with the supply chain team and adjusting our accounting practices, we reduced future variances significantly.

I am motivated by the analytical challenge of cost accounting and the opportunity to drive strategic decision-making within an organization. Understanding the intricacies of financial data and helping shape the financial success of a company aligns with my passion for efficiency and growth.