Cost Accountant

Opportunities to • Hilliard, OH

7d • Onsite

About The Position

We are currently seeking a self-motivated, results-oriented Cost Accountant. This role will assemble information from sources throughout the company and verify, reconcile, record, adjust, and prepare required Financial Control Reports relating to Merchandise Sales, Cost of Sales, and Inventories. This includes managing Cost of Sales adjustments such as POS Markdowns, Transfers, Vendor Allowances & Price Protection, Intra-Co. Fees from Service Department, Inventory Shrink & Obsolescence, Shipping & Freight Costs, RTV Cost of Sales Adjustments, Destroyed Merchandise, and Purchase Discounts. The role also involves ensuring the accuracy of the Inventory System (IPMS) through preparing and processing inventory adjustments for Merchandise Inventory. Additionally, the Cost Accountant will maintain and modify reports reflecting daily sales and COGS for all divisions of Micro Electronics, Inc. A key responsibility includes participating in Physical Inventory three times per year, which requires working on those three "Inventory Weekends" on Saturday and Sunday. The role reports to and assists the Inventory Control Manager in special projects and in physical inventory taking, reconciliation, and reporting.

Requirements

• Bachelor's degree in Accounting, Business, or a related field preferred, or an equivalent combination of education and relevant experience
• Minimum of 2 years of related experience, preferably working with inventory management systems (IPMS experience is a plus), accounting software, or other inventory-related processes
• Solid understanding of business accounting principles and practices
• Proficiency in Microsoft Excel, including the ability to create and maintain spreadsheets for reconciliations, reporting, and transaction tracking
• Strong mathematical and analytical skills with exceptional attention to detail
• Proven ability to manage multiple priorities, organize diverse workloads, and communicate effectively with cross-functional teams

Nice To Haves

• IPMS experience is a plus

Responsibilities

• Prepare and verify the inventory adjustments, including Cost of Sales, POS Markdowns, Transfers, Vendor Allowances & Price Protection, Intra-Co. Fees from Service Department, Inventory Shrink & Obsolescence, Shipping & Freight Costs, RTV Cost of Sales Adjustments, Destroyed Merchandise, and Purchase Discounts.
• Prepare and process inventory adjustments to ensure the accuracy of the Inventory System (IPMS).
• Maintain and modify when necessary, reports reflecting daily sales and COGS for all divisions of Micro Electronics, Inc.
• Participate in Physical Inventory three times per year. This will require working on those three "Inventory Weekends" on Saturday and Sunday.
• Reports to and assists the Inventory Control Manager in special projects and in physical inventory taking, reconciliation, and reporting.
• Process & Balance Store Use Merchandise - Daily/Weekly - prepare, adjust, & transfer store use merchandise: Receive transfers from stores, adjust inventory, & make corresponding GL entries
• Process Wires Daily
• Prepare wire packet for AP
• Process wire in the bank
• Price Protections & Vendor Allowances - On a weekly basis, process price protections and vendor allowances in the inventory IPMS system
• Inventory Adjustment - On an as needed basis, process inventory adjustments (destructions, conversions, write-offs, transfers, invoice receiver variances & other miscellaneous inventory adjustments
• Document all systems and make recommendations for improvement and efficiencies

Benefits

• Medical, Dental & Vision Coverage for regular full-time associates
• Competitive Employee Discount , including our Friends & Family Discount Program
• Tuition Reimbursement and Education Savings Opportunities to support continuous learning
• Paid Time Off for regular associates to rest, recharge, and take care of what matters most
• 401(k) Retirement Plan with Company Match to help you plan for the future
• Industry-Leading Vendor and Company Training to build your skills and product expertise
• Clear Career Growth and Advancement Opportunities across the organization

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree