Senior Inventory and Cost Accountant

Beusa Energy Group•The Woodlands, TX

10d•Onsite

About The Position

The Senior Inventory and Cost Accountant is responsible for safeguarding the financial integrity, valuation, and cost management of Beusa’s inventory lifecycle. This role bridges operational inventory control with comprehensive standard cost accounting from raw material receipts, active WIP tracking, and intercompany transfer pricing across affiliates, to final disposition via fixed asset capitalization, R&M consumption, or sales. Operating within Oracle Fusion, you will partner closely with Supply Chain and Operations to establish cost standards, analyze production variances, manage physical inventory, and ensure complete month end financial accuracy.

Requirements

Must be legally authorized to work in the United States without the need for sponsorship.
Must be at least 18 years of age or older.
Successfully passes all applicable general pre employment testing including but not limited to background check, pre employment drug screening, pre employment fit tests, pre employment aptitude and/or competency assessment(s).
Overtime may be required and in person, predictable attendance in The Woodlands, TX
Valid U.S. Driver's License required. Most employment is contingent upon meeting company driving standards, including 3 year U.S. driving history and an acceptable Motor Vehicle Record (MVR) in accordance with Company policy.
Bachelor’s degree in Accounting, Finance, or a related field. An equivalent combination of education, specialized training, and relevant professional experience will be considered in lieu of a formal degree.
5+ years in accounting, finance.
Strong command of full cycle Inventory and Standard Costing method with a proven ability to apply GAAP standards and facilitate audit requests.
Proven ability to lead by example and influence cross functional collaboration.
Excellent communication, analytical, and organizational skills.
Proficiency in Excel (pivot tables, lookups, reconciliations) and ERP systems (Oracle preferred).
Strategic thinker with a problem solving mindset, capable of challenging outdated processes.
Strong leadership and communication skills to influence and engage stakeholders at all levels.
Ability to manage multiple complex projects, meeting deadlines in a fast paced, high growth environment.
Employees are frequently required to walk, sit, climb, bend, reach, and squat or kneel.
The employee must be able to access and navigate each department at the organization's facilities.
Employees must be able to independently lift 25 lbs.

Responsibilities

Lead the setup, maintenance, and annual roll of standard costs across items, routings, and bills of materials (BOMs) in Oracle Fusion.
Perform monthly analysis of Purchase Price Variances (PPV), WIP material usage variances, yield efficiencies, and direct labor/overhead absorption; partner with Supply Chain, Operations, Receiving, Sourcing, and Item Master teams to validate reconciling items and resolve underlying transaction or master data issues before close and articulate cost drivers clearly to leadership.
Monitor intercompany transfer pricing dynamics and affiliate product flows to ensure accurate cost markups, elimination entries, and profitability tracking.
Track WIP balances and shop floor progress; partner with Supply Chain to audit work order cost completeness, prevent aging, and execute timely work order closures for month end close.
Track scrap, rework, and inventory "cost of quality"; review cost pools and allocation bases for accuracy against real world operational throughput.
Prepare comprehensive monthly inventory roll forwards, valuation schedules, and detailed balance sheet account reconciliations.
Analyze inventory aging and slow moving stock; establish and adjust inventory reserves in accordance with company policy to reflect net realizable value.
Prepare and post month end journal entries to correct inventory valuation, standard cost variances, overhead allocations, reserve adjustments, intercompany markups, and affiliate eliminations.
Oversee perpetual cycle count programs and physical inventory audits across all warehouses to maintain strict data integrity and location accuracy.
Collaborate with Sourcing and Item Master teams on item setup/cost attributes; partner with Receiving and Operations to ensure complete transaction posting prior to close.
Serve as the primary point of contact for internal and external inventory and cost accounting audit requests.
Performs other related duties as assigned to assist with successful operations and business continuity.