General Ledger Accountant, Inventory & Cost Accounting

About Etched
Etched is building the world’s first AI inference system purpose-built for transformers - delivering over 10x higher performance and dramatically lower cost and latency than a B200. With Etched ASICs, you can build products that would be impossible with GPUs, like real-time video generation models and extremely deep & parallel chain-of-thought reasoning agents. Backed by hundreds of millions from top-tier investors and staffed by leading engineers, Etched is redefining the infrastructure layer for the fastest growing industry in history.

Job Summary
We are hiring a General Ledger Accountant, Inventory & Cost Accounting to own critical elements of our financial close and ensure accurate accounting for inventory and cost of goods as we scale hardware production. This role sits at the intersection of accounting, manufacturing operations, and systems, with direct ownership over inventory accounting, cost flows, and related controls.

You will partner closely with Finance, Supply Chain, Manufacturing, and Engineering to ensure inventory valuation, cost structures, and operational activity are accurately reflected in the general ledger. You will maintain the integrity of inventory subledgers, support product cost builds, and strengthen systems and workflows as production volumes grow. This is a hands-on role requiring strong technical accounting fundamentals and comfort operating in a fast-scaling semiconductor environment.

Key Responsibilities
Inventory Accounting Ownership

• Own inventory-related accounting processes and ensure accurate recording, valuation, and reconciliation of inventory balances

• Reconcile inventory subledger to the general ledger on a monthly basis

• Prepare and post inventory-related journal entries

• Review inventory transactions, including receipts, transfers, adjustments, and scrap

• Ensure proper valuation of raw materials, WIP, and finished goods

• Maintain monthly inventory rollforwards for raw materials, WIP, and finished goods

• Manage the monthly cycle count process, including coordination with Operations, review of results, investigation of variances, and recording of approved adjustments

• Maintain organized close documentation and support audit requests related to inventory balances and valuation

Cost Accounting and Manufacturing Support

• Maintain company cost structures and cost flow assumptions

• Support bill of materials reviews and cost rollups

• Record and reconcile cost of goods sold and inventory-related cost flows during month-end close

• Support new product introductions by validating initial cost builds and reviewing cost assumptions

• Provide cost-related analysis to support gross margin reporting and operational decision-making

Systems and Scaling

• Maintain accurate inventory and cost accounting configuration within ERP systems, including item master data, cost categories, valuation methods, and warehouse mapping

• Ensure proper system alignment between ERP, manufacturing systems, and inventory tracking tools

• Support integration between ERP and contract manufacturers, including establishing and maintaining EDI connections for purchase orders, ASNs, receipts, and inventory reporting

• Review and improve inventory transaction workflows to reduce manual entries and strengthen controls

• Document system configurations, integration logic, and inventory processes to ensure continuity and audit readiness

Cross Functional Collaboration

• Coordinate with Supply Chain on purchase orders, receipts, supplier pricing changes, and inventory movements

• Work with Engineering on bill of materials updates, engineering change orders, and cost impact assessments

• Partner with Manufacturing and warehouse teams to support monthly cycle counts, variance analysis, and root cause investigations

You may be a good fit if you have

• 3 to 5+ years of general accounting experience with ownership of inventory and cost accounting cycle processes

• Strong technical accounting expertise; CPA or equivalent experience preferred

• Exposure to the semiconductor industry

• Proficiency with ERP systems such as NetSuite, SAP, Oracle, or equivalent, and experience scaling systems in a high-growth environment

• Bachelor’s degree in Accounting, Finance, or a related field

• Strong communication and relationship-building skills to work effectively across departments