Inventory Accounting Analyst

FCX Performance • Cleveland, OH

155d

About The Position

The Inventory Accounting Analyst role is to support inventory accounting responsibilities on a consolidated basis. This role will work closely with the US Service Centers, Distribution Centers, US Subsidiary’s and Canadian field associates to ensure accurate inventory valuation and timely reporting for all inventory accounting related activity. This position reports to the Inventory Accounting Manager.

Requirements

• Bachelors’ degree in Accounting or Finance
• 1-2 years of Accounting experience (preferably Cost and/or General Accounting)
• Proficiency in Microsoft Office, and a working knowledge of financial systems, statements and reports
• Excellent communication and relationship building skills with the ability to work proactively with teams including a high attention to detail and the ability to prioritize and balance work in a deadline-driven environment.

Nice To Haves

• Experience with SAP, BPC, Blackline
• Knowledge of internal control procedures and the ability to design and maintain related internal controls

Responsibilities

• Maintain an understanding of company’s inventory costing methodology (primarily moving average cost) and how it affects inventory valuation.
• Work with field associates to resolve costing discrepancies, reconcile adjustments to accounts, and obtain necessary documentation.
• Prepare the Corporate excess and obsolete (E&O) calculation and reconciliation; review calculations of subsidiary locations to ensure accuracy.
• Prepare corporate LIFO computations, reviewing subsidiary LIFO processes and results, and perform corporate reconciliation.
• Create new and enhance existing inventory job aids and tools related to the inventory costing process (process flows, narratives, Job Aids, etc.) for accurate training for field and corporate personnel.
• Prepare inventory Balance Sheet reconciliations.
• Provide audit support as needed through regular interaction with internal and external auditors.
• Responsible for assisting with various internal and external reporting requirements as needed.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees