Inventory Cost Accountant

PROENERGY•Houston, TX

5d•Onsite

About The Position

PROENERGY is an engineering, research and development, and manufacturing company providing turbine and package manufacturing, turnkey project execution, power purchase agreements, and lifecycle care for turbines and plants. The Inventory Cost Accountant processes inventory movements on time, monitors inventory processes, investigates and resolves variances, and identifies trends and opportunities to improve inventory management. The role includes routine inventory checks and audits, transaction recording, management reporting, and participation in the development, implementation, maintenance, and application of the company’s accounting practices, procedures, and standards. The position reports to the Controller AeroAdvantage & Ops and is located at 6401 North Eldridge Pkwy, Houston, TX 77041. The role requires strong interpersonal, presentation, and analytical skills to communicate findings and recommendations.

Requirements

Bachelor’s degree in Accounting, Finance, or a similar business field.
2–3 years of accounting, finance, or related experience using financial and operational tools and systems, including MRP and ERP.
Experience as an Inventory Analyst or in a similar role.
Basic understanding of financial and accounting principles and practices.
Proficiency in Microsoft Office Suite and financial management software, with strong Microsoft Excel skills.
Ability to manage and analyze large datasets efficiently.
Strong analytical skills, attention to detail, and a high degree of accuracy.
Strong organizational skills and ability to prioritize responsibilities and meet deadlines.
Willingness to learn and grow in a complex environment.
Excellent oral and written communication and interpersonal skills.
Proactive and self-motivated approach.
Ability to work well in a team-oriented environment.
Ability to handle stress and perform effectively under pressure.

Nice To Haves

Proficiency in Microsoft Great Plains Financials or a related system.
Knowledge of manufacturing, supply chain, and procurement workflows and systems.
Knowledge of cost accounting, inventory management processes, and tools.

Responsibilities

Process daily inventory transactions in the system.
Monitor inventory movements in the ERP system (GP), track orders, and define and investigate problems.
Monitor daily inventory movements, including Sales Pad, Inventory Movements, MRO, and Manual.
Perform stock count analysis and reporting as necessary; report on count frequency and adjustment values.
Assist with month-end closing activities, including journal entries, financial analysis, account reconciliations, and supporting schedules.
Collaborate with the operations team to develop and implement procedures and processes that improve inventory control and management.
Generate and analyze inventory reports to identify trends and improvement opportunities.
Conduct process and data audits to ensure control effectiveness and identify efficiencies.
Perform weekly inventory account reconciliations between system and physical records.
Identify and report risks of errors within the inventory control system to support process improvements.
Collaborate with operations to ensure data integrity and accuracy when recording inventory transactions.
Monitor the inventory management system to identify root causes of problems and appropriate solutions.
Support cycle counting, quarterly field bank audits, and annual physical inventory.
Monitor slow-moving inventory to minimize obsolescence and maximize profitability.
Process journal entries and work order cost transfers related to inventory transactions.
Support financial statement audits by preparing documentation and facilitating external auditors’ access to financial records.
Perform special projects and other tasks assigned by the Division Controller, Operations.