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1X

Cost Accountant

1X, Palo Alto, California, United States, 94306

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Since its founding in 2015, 1X has been at the forefront of developing advanced humanoid robots designed for household use. Our mission is to create an abundant supply of labor via safe, intelligent humanoids.

We strive for excellence in all we do, solving some of the hardest problems in robotics with the world’s most talented individuals. Every part of our robots is designed and produced in-house—from motor coils to AI—reflecting our vertically integrated approach. At 1X, you’ll own real projects, be recognized for your achievements, and rewarded based on merit.

We are seeking a

Cost Accountant

to take ownership of cost accounting activities and help build a scalable, accurate cost infrastructure as we expand production of our humanoid robots. This role plays a critical part in ensuring precise inventory valuation, reliable COGS reporting, and high-quality cost visibility that empowers better operational and strategic decisions.

The ideal candidate has strong manufacturing or hardware cost accounting experience, excellent analytical skills, and the ability to work seamlessly across Finance, Manufacturing, and Supply Chain. This is a highly impactful role in a fast-growing Series C environment where cost accuracy, process development, and cross-functional partnership are essential.

Responsibilities

Own and maintain accurate inventory costing, including standard costs, BOMs, routings, factory labor allocation, tooling, overhead rates, tariffs, and inbound freight

Analyze and reconcile inventory, WIP, and COGS as part of the monthly close process

Prepare and review cost-related journal entries, accruals, reclasses, and adjustments

Track, analyze, and explain cost variances; partner to identify root causes and corrective actions

Collaborate with Supply Chain, Operations, Engineering, and Finance to ensure accurate cost inputs and develop scalable cost tracking processes

Support physical inventory counts and cycle counts; investigate and resolve discrepancies

Ensure appropriate capitalization of inventory-related costs in accordance with U.S. GAAP

Support new product costing efforts, margin analysis, should-cost modeling, and operational decision-making

Prepare documentation and schedules for internal and external audits

Identify, recommend, and implement cost accounting process improvements as we scale

Qualifications

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

4–5+ years of cost accounting or inventory accounting experience

Strong understanding of GAAP as applied to COGS, inventory, and capitalization

Experience in manufacturing, hardware, or similar production environments

ERP proficiency (NetSuite strongly preferred)

Advanced Excel/Google Sheets skills

Strong analytical and reconciliation capabilities

Ability to partner cross-functionally in a fast-paced, evolving environment

Excellent communication, organization, and problem-solving skills

Preferred Qualifications

Startup or scaling company experience

Experience with standard costing methodologies and variance analysis

Audit experience and familiarity with internal control frameworks

Location Policy This role is expected to be onsite 5 days per week in Palo Alto.

Benefits

Salary Range: $110,000 - $145,000 + equity

Health, dental, and vision insurance

401(k) with company match

Paid time off and holidays

We're excited to get to know you and the prospects of having you on board!

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