Advanced Inventory Accounting Specialist

Denso•Battle Creek, MI

2d•Onsite

About The Position

Under limited supervision, provides inventory accounting services to various DENSO locations across North America. Acts as a liaison to resolve outstanding issues. May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives.

Requirements

Bachelor's degree in Accounting, Finance or related field
5-8 years of relevant experience
At least 2-5 years of that experience must be in inventory/cost accounting
Knowledge of GAAP/IFRS is required
Understanding of current accounting operational structure (financial close, gross profit, J SOX, etc.)
Strong written and verbal communication skills to discuss or transmit primarily factual information to internal and external customers in the normal course of performing duties
Strong analytical skills to investigate, interpret and reconcile information from several distinct sources in situations where conclusions or resolutions are discernible
Customer service skills to display a service-oriented attitude in addressing and responding to customer issues
Advanced understanding of accounting principles
Cross functional team member
Advanced process improvement (kaizen) mindset

Responsibilities

Computes cost value of raw materials work in process and finished goods for inventory purposes.
Analyzes actual costs versus standard costs and prepares reports of variances.
Compiles cost data for preparation of operating budgets.
Prepares estimates of new or proposed product costs.
Prepared lower of cost or market calculation, landed cost calculation, margin analysis and other requested calculations.
Maintains ledgers and financial statements.
Prepares financial reporting for inventory area, as needed.
Monitors inventory adjustments.
Responsible for all inventory/cost related journal entries for month end close.
Responsible for reconciling all inventory/cost related GL accounts in a timely manner.
Analyzes PPV (purchase price variance) and IPV (invoice price variance) each month to ensure accuracy of standard costs and PO pricing.
Works with other departments to improve physical inventory taking, with support from higher level.
May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives.
Performs other duties as assigned.

Benefits

Medical, Dental, Vision, Prescription Drug plans
401K with 4% Company Match
Vacation/PTO and 13 paid Holidays
Bonus Program
FSA/HSA and Dependent Care Programs
Company provided Life, Disability, ADD and Business Travel Insurance
Various No Cost Wellness & Chronic Condition Management Programs
Various Optional Insurance programs such as legal, identity theft, critical illness, etc.
Tuition Reimbursement
Career Development and Ongoing Training
Employee Assistance Program
Employee Spotlight and Recognition Program
Volunteer Opportunities
Onsite Fitness Center (vary by location)
Cafeteria and food markets (vary by location)
Onsite Health Clinic and Pharmacy (vary by location)