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
Benefits
Medical, dental, and vision packages with generous premium coverage
$500 per month credit for waiving medical benefits
Housing subsidy of $2k per month for those living within walking distance of the office
Relocation support for those moving to San Jose (Santana Row)
Various wellness benefits covering fitness, mental health, and more
Daily lunch and dinner in our office
How we’re different
Etched believes in the Bitter Lesson. We think most of the progress in the AI field has come from using more FLOPs to train and run models, and the best way to get more FLOPs is to build model-specific hardware. Larger and larger training runs encourage companies to consolidate around fewer model architectures, which creates a market for single-model ASICs.
We are a fully in-person team in San Jose and Taipei, and greatly value engineering skills. We do not have boundaries between engineering and research, and we expect all of our technical staff to contribute to both as needed.
etched