Cost & Inventory Accountant
- Assist in managing the tracking and monitoring of inventory movement, capitalization, and reserves (including excess and obsolete inventory).
- Complete inventory/cost accounting for month end financial close: enter journal entries, prepare account reconciliations, inventory flux analysis and reporting, and analyze labor and overhead allocation. Ensure accuracy and integrity of bills of material, including changes in the manufacturing processes for existing products and accurate costing of bills of material for new products.
- Collaborate with the Finance and Operations teams to drive process improvement and cost reductions.
- Develop, analyze and maintain expected costs for all products. Proactively identify omissions and errors in costing information.
- Establish, maintain and update effective manufacturing cost allocation and cost classification models with the Finance and Operations departments.
- Manage the physical inventory and cycle counts to ensure internal controls are functioning as designed.
- Work with the Accounting and FP&A team to understand gross margin and inventory trends, and provide timely and insightful financial analysis of costs and margins to business/product unit leaders.
- Develop cost estimates for potential new products and projects in conjunction with the Finance, Purchasing and Operations Teams.
- Other duties, as assigned.
- Bachelor’s Degree in Finance or Accounting
- 5+ years of progressively responsible experience in an inventory or cost accountant function
- 3+ years of professional work experience working:
- With advanced ERP applications
- With FIFO or Standard cost accounting
- Analyzing cost related data and models
- Advanced Microsoft Excel experience
- Demonstrated history of successfully managing multiple concurrent initiatives, maintaining one’s own workflow amidst competing priorities, and meeting project deadlines
- Strong interpersonal skills including written and verbal communication, collaboration, and problem solving
- Demonstrated ability to work well under pressure while maintaining a professional demeanor
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