Inventory Accounting Manager

Who we are

Samsara (NYSE: IOT) is the pioneer of the Connected Operations™ Cloud, which is a platform that enables organizations that depend on physical operations to harness Internet of Things (IoT) data to develop actionable insights and improve their operations. At Samsara, we are helping improve the safety, efficiency and sustainability of the physical operations that power our global economy. Representing more than 40% of global GDP, these industries are the infrastructure of our planet, including agriculture, construction, field services, transportation, and manufacturing — and we are excited to help digitally transform their operations at scale.

Working at Samsara means you’ll help define the future of physical operations and be on a team that’s shaping an exciting array of product solutions, including Video-Based Safety, Vehicle Telematics, Apps and Driver Workflows, Equipment Monitoring, and Site Visibility. As part of a recently public company, you’ll have the autonomy and support to make an impact as we build for the long term. 

Recent awards we’ve won include:

Great Place To Work Certified™ 2023

Best Place to Work by Built In 2023

Financial Times The Americas’ Fastest Growing Companies 2023

Deloitte Fast 500 Companies

IoT Analytics Company of the Year in 2022’s IoT Breakthrough Winners

We see a profound opportunity for data to improve the safety, efficiency, and sustainability of operations, and hope you consider joining us on this exciting journey. 

About the role:

The Inventory Accounting Manager is uniquely positioned to make a lasting impact in a fast-paced, collaborative environment by overseeing our inventory accounting operations and close processes (among other topics). This role requires strong collaboration between cross-functional groups including Operations and Supply Chain. This role will manage a Senior Inventory Accountant. The Inventory Accounting Manager ensures accurate books and records and effective internal controls by embracing the best accounting practices suited for a public company’s financial close process.

You should apply if:

• You want to impact the industries that run our world: Your efforts will result in real-world impact—helping to keep the lights on, get food into grocery stores, reduce emissions, and most importantly, ensure workers return home safely.
• You are the architect of your own career: If you put in the work, this role won’t be your last at Samsara. We set up our employees for success and have built a culture that encourages rapid career development, countless opportunities to experiment and master your craft in a hyper growth environment.
• You’re energized by our opportunity: The vision we have to digitize large sectors of the global economy requires your full focus and best efforts to bring forth creative, ambitious ideas for our customers.
• You want to be with the best: At Samsara, we win together, celebrate together and support each other. You will be surrounded by a high-caliber team that will encourage you to do your best. 

Click here to learn about what we value at Samsara. 

In this role, you will: 

• Manage various close responsibilities including inventory (ASC 330), costs to fulfill a contract (ASC 340), leasing (ASC 842), and investments (ASC 320).
• Lead the monthly, quarterly, and annual inventory accounting processes including coordinating with Operations, Supply Chain, F&S, SOX PMO, and the broader accounting organization. 
• Develop and implement accounting policies and practices based on inventory accounting principles (ASC 330 and ASC 340).
• Perform and/or review balance sheet account reconciliations for responsible areas. 
• Work cross-functionally with Operations, Supply Chain, R&D, and accounting leadership to ensure inventory-related reserves are appropriate. This includes E&O reserves, warranty reserves, and evaluating losses on purchase commitments.  
• Ensure estimates and assumptions for key reserves are reasonable, supportable, and explainable to internal and external stakeholders.
• Manage deferred connected device costs including owning the timing of recognition of such costs under ASC 340 (costs to fulfill a contract), and partnering with Technical Accounting to ensure the period of benefit is reasonable. 
• Evaluate the attribution of expenses to cost of goods sold related to performance obligations for vehicles, accessories, technology, services, and over-the-air products.
• Ensure effective internal controls by reviewing control design and creating operating mechanis