Cents · 2 hours ago
Senior Cost Accountant
New York, NY
Full-time
Hybrid
Senior Level
7+ years expCents is a New York-based technology company dedicated to transforming the laundry industry with innovative solutions. The Senior Cost Accountant will manage financial operations, ensuring inventory accuracy and driving cost efficiency while collaborating with various teams to support strategic decision-making.
FinTechHardwareSaaS
Responsibilities
Collaborate with Operations on inventory management to ensure all inventory is reconciled and accurately reflected on the balance sheet for upcoming audits
Oversee inventory valuation, reconciliation processes, and actively support Operations in resolving discrepancies
Prepare and organize cost and inventory documentation for external auditors, supporting the financial audit process
Partner with Operation, Production, and Supply Chain teams to drive improvements in inventory controls and cost efficiency
Analyze production costs, including materials, labor, and overhead, and compare them to standard or budgeted costs. Investigate and explain variances to management, identifying root causes and recommending solutions
Assist in the month-end close process related to cost of goods sold (COGS) and inventory. This includes preparing and posting journal entries and conducting account reconciliations
Play a critical role in developing the annual budget and cost forecasts. Provide cost projections and help with financial models for new products or special projects
Generate detailed financial reports, including cost analysis, profitability reports, and key performance indicators (KPIs), to inform management decision-making
Identify and implement improvements to existing cost accounting procedures and systems to increase accuracy and efficiency. Ensure compliance with internal controls and company policies
Provide financial insights and recommendations to management
Qualification
Required
Bachelor's degree in Accounting, or related field preferred
Minimum of 7 years of experience in accounting and bookkeeping
Proficiency in accounting software, specifically Xero, NetSuite, Ramp, Airbase, Avalara, Salesforce, and others
Strong understanding of GAAP and financial reporting principles
Excellent attention to detail, organizational, and problem-solving skills
Ability to work independently and manage multiple tasks efficiently
Must be able to work in Eastern time zone
Able to travel to Toronto, Canada for inventory counts 3 to 4 times a year (U.S. passport is required)
Preferred
CPA certification is a plus
Strong written and verbal communication skills
Experience in SaaS and manufacturing
Knowledge of ERP systems and financial analytics tools
Benefits
Competitive salary
Equity
Unlimited PTO and paid holidays
Health benefits, including medical, dental, vision, mental health support, parental leave, life and AD&D insurance, and disability
401(k)
Work-from-home and commuter benefits
Laundry allowance to support our customers’ businesses
Comprehensive training, learning, and development programming
Access to hundreds of discounts and rewards from renowned vendors, including deals on health & wellness, travel, dining, auto insurance, and so much more!
Company
Cents
Cents provides an all-in-one management system for laundromats and dry cleaners.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$74.25MKey Investors
Camber CreekTiger Global ManagementBessemer Venture Partners
2024-08-08Series B· $40M
2022-01-01Series A· $25M
2021-10-07Seed· $5M
Leadership Team
Alexander Jekowsky
Chief Executive Officer
Recent News
2025-08-18
Alumni Ventures
2023-08-11
Company data provided by crunchbase