Cost and Accounting Analyst

Wheeler Fleet Solutions•Somerset, PA

22h

About The Position

The Cost and Accounting Analyst supports Wheeler Fleet Solutions’ ongoing operational transformation focused on modernizing finance and supply chain capabilities through the implementation of a best-of-breed ERP ecosystem and expanded AI-enabled technologies. This role is responsible for collecting, analyzing, and validating financial data to ensure accurate gross profit reporting, identify discrepancies, and support corrective actions. The position contributes to improved data integrity, process automation, and the delivery of timely, actionable financial insights that support scalable and forward-looking financial operations across the organization.

Requirements

Bachelor’s degree in Accounting, Finance, or related field or an additional 4 years of relevant work experience in lieu of a degree
3–5 years of experience in cost accounting, inventory accounting, or distribution finance
Strong understanding of FIFO inventory accounting
Strong understanding of GAAP inventory valuation
Experience with ERP systems (NetSuite, Infor M3, or similar preferred)
Advanced Excel skills (pivot tables, modeling, data analysis)
Strong analytical and problem-solving skills
High attention to detail and data integrity
Ability to explain cost drivers to non-finance partners
Process-oriented with a focus on controls and scalability
Comfortable working in a fast-paced, operationally driven environment

Responsibilities

Maintain and monitor inventory valuation under FIFO methodology, ensuring accurate cost layering and cost of goods sold
Reconcile inventory subledger to general ledger on a monthly basis
Analyze and validate purchase costs, landed costs, and freight-in allocations
Review and investigate inventory adjustments, write-offs, and obsolescence reserves
Support periodic cycle counts and physical inventory counts, including variance analysis
Prepare and analyze gross margin reporting by product, customer, and channel
Identify drivers of margin variance including: Purchase price changes, Freight and logistics costs, Vendor rebates and incentives
Perform variance analysis between actual and expected cost trends
Provide actionable insights on: Pricing decisions, Inventory mix and turns
Support month-end close with: Inventory journal entries, COGS adjustments and accruals, Inventory reserve analysis
Prepare monthly cost and inventory reporting packages for management
Assist in financial statement flux explanations related to inventory and margin
Maintain and improve cost accounting processes, data integrity, and internal controls
Ensure proper classification of: Inventory vs. expense, Freight and handling costs
Partner with IT/ERP teams to support inventory and costing system configuration
Assist with audit support (inventory, COGS, and controls)
Validate inventory movements and costing accuracy with supply chain and operations
Improve three-way match and purchasing data quality with supply chain and operations
Support FP&A with forecasting of gross margin and inventory levels
Support initiatives to improve inventory turns and working capital management