Senior Accountant - Inventory
The Senior Accountant - Inventory will report to the Manager of Inventory and collaborate with other members of the accounting team on month-end and year-end close processes. This role is a key part of the Accounting team, providing oversight primarily related to inventory, inventory reserves, and the associated cost of goods sold.
Base Pay Range
$90,000.00/yr - $96,000.00/yr
Responsibilities
- Participate in the month-end close process, including the preparation and/or review of journal entries, account reconciliations, variance explanations and other financial information and supporting schedules.
- Lead the analysis and management of inventory reserves to ensure accurate financial reporting and compliance with accounting standards.
- Develop and implement strategies to monitor and optimize inventory reserves, minimizing risk and financial exposure.
- Collaborate with cross-functional teams including supply chain, operations, and finance to assess inventory valuation and reserve requirements.
- Ensure adherence to company policies and external regulations related to inventory accounting and reserves.
- Assist with internal and external audits by providing necessary documentation, explanations, and support.
- Analyze financial data and trends to identify variances, anomalies, and opportunities for improvement.
- Act as the subject matter expert for assigned areas of responsibility and interact with all levels of management regarding issues related to these specific areas.
- Assist in the design and implementation of new controls in response to process changes, system implementations, or identified deficiencies from internal/external audits.
- Other duties as assigned
Experience Requirements
- Bachelors Degree in accounting
- CPA Required or current CPA candidate
- Public Accounting background preferred
- Basic knowledge of concepts, practices, and procedures as relates to general ledger accounting
- PeopleSoft experience preferred
- Strong analytical skills
- Problem solving abilities
- Detail oriented
Position Performance Measures
- Timely completion of tasks (maintaining/meeting deadlines on a daily/monthly and ad hoc basis)
- Quality of tasks (accuracy - lacking errors and providing meaningful documentation to support entries and/or position when decisions are made)
- Capacity (ability to maintain / manage volume of locations - which can be impacted by the complexity of said locations/business)
Seniority Level
Mid-Senior level
Employment Type
Full-time
Job Function
Accounting/Auditing
Industries: Accounting
Benefits
- 401(k)
- Vision insurance
- Medical insurance