This position is responsible for overseeing inventory accounting, product costing, and gross margin analysis across the distribution business. This role ensures accurate inventory valuation, landed cost allocation, and financial reporting while providing analytical support to purchasing, supply chain, operations, and sales team. A successful candidate can manage competing priorities in a fast-paced environment while maintaining a high degree of organization and attention to detail. You will be highly focused on automation and efficiency - have a "systems" mindset. You will maintain the integrity of our departmental reporting and expand our internal control structure. This position reports to our Assistant Controller.
ResponsibilitiesCost Accounting & Analysis- Maintain, update, and enhance standard costing systems for products, services, or projects.
- Perform detailed cost analysis for landed costs, such as materials, freight, duty, labor, overhead, and production costs, for capitalization purposes.
- Analyze price and volume variances (in terms of material, labor, and overhead), providing actionable insights and recommendations.
- Monitor and report on cost trends, identifying opportunities for cost reduction and process improvement in collaboration with procurement and operations.
- Provide product cost information for new product introductions and pricing decisions.
- Support FP&A and operations during budgeting, forecasting, and strategic planning processes.
Accounting & Month-End Close- Lead month-end and year-end close processes related to cost accounting.
- Prepare journal entries, accruals, and reconciliations for inventory and cost-related accounts.
- Reconcile Inventory and cost of goods sold (COGS) accounts, investigating and resolving variances discrepancies, and any unusual transactions.
- Analyze inventory movements and monitor risks related to obsolete, slow-moving, and excess inventory.
- Ensure compliance with GAAP, including inventory valuations, capitalization requirements, and cost flow assumptions (FIFO, LIFO, weighted average).
- Prepare detailed cost reports and margin analysis to support business decision-making.
- Support internal and external audits by providing documentation, analysis, and responding to audit inquiries.
- Maintain accuracy and integrity of cost data used in financial statements.
Cross-Functional Collaboration- Serve as the primary liaison between business and IT teams for inventory management and warehouse management system integration initiatives.
- Partner with cross-functional stakeholders to identify, troubleshoot, and resolve inventory discrepancies, integration issues, and process inefficiencies, ensuring data accuracy and operational alignment between NetSuite and the WMS
- Compile and analyze cost information for procurement, supply chain, operations, and sales teams to support budgeting, cost-control, and process improvement efforts.
- Support ERP system enhancements, cost module configuration, and data integrity initiatives
Requirements- Bachelor's degree in Accounting, Finance, or related field
- 5-8+ years of progressive experience in cost accounting, preferably in a product-based environment
- Experience with standard and average costing systems and inventory accounting required
- Exposure to multi-site and/or global operations is a plus
- Exposure to FTZ warehouse or bonded warehouse is a plus
- Advance Excel Skills
- Ability to work in a collaborative environment
- Ability to thrive under pressure, balancing competing priorities while maintaining high-quality standards
Pay and BenefitsUS$90,000.00 - US$110,000.00 Annually
Final compensation offered will be determined based on a number of job-related factors, including the candidate's skills, experience, and qualifications. Employees in this role are eligible to participate in the company's benefits program, which includes medical, dental, and vision insurance, 401(k) with company matching, accrued vacation, floating holidays, and designated company holidays.
Offer contingent on successful completion of a background and credit check.#LI-Hybrid
