Senior Cost Accountant
About The Position
The Senior Accountant will focus on all aspects of Inventory Accounting and possess a strong understanding of manufacturing, inventory reconciliations, and variance analysis. This position will play an integral role in manufacturing variances, E&O inventory, LCM calculations, flux analysis, journal entries, and SOX controls. The role will interact with management and internal/external auditors and will play a key role in month-end close activities, close procedures and audit requests. The position will also be involved in recurring and ad hoc analysis and requests. This role requires close collaboration with Operations, Quality, Logistics, Supply Chain, and other cross-functional teams to ensure inventory accuracy and support effective inventory management.
Requirements
- Strong understanding of manufacturing
- Strong understanding of inventory reconciliations
- Strong understanding of variance analysis
- Experience with manufacturing variances
- Experience with E&O inventory
- Experience with LCM calculations
- Experience with flux analysis
- Experience with journal entries
- Experience with SOX controls
- Experience interacting with management
- Experience interacting with internal/external auditors
- Experience with month-end close activities
- Experience with close procedures
- Experience with audit requests
- Experience with recurring and ad hoc analysis and requests
- Close collaboration with Operations, Quality, Logistics, Supply Chain, and other cross-functional teams
Responsibilities
- Perform month-end close activities, including preparing and posting journal entries, completing reconciliations, ensuring SOX controls are met, and conducting financial analysis for the P&L and balance sheet
- Review inventory status regularly and recommend appropriate reserves in accordance with company policy, including for slow-moving, obsolete, excess inventory, lower of cost or market (LCM) adjustments, and inventory variances such as material, labor, and purchase price variances (PPV)
- Collaborate with cross-functional teams to research and resolve inventory-related issues and requests, ensuring inventory records remain accurate, timely, and reliable
- Establish additional controls across supply chain and finance functions, while identifying opportunities to improve existing controls and standard operating procedures (SOPs). Develop and track key performance indicators (KPIs) and operational metrics to monitor process effectiveness
- Support cross-functional initiatives and participate in training activities with related business areas to strengthen operational knowledge, promote collaboration, and enhance overall inventory management practices
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
