The candidate will be responsible for all aspects of cost accounting, inventory oversight and analysis for the Company's US plants. This is a hands-on position working directly with members of the finance and operations teams and will report directly to the Sr. Accounting Manager. The candidate must have the ability to multi-task, cross train, and improve processes in a rapidly changing environment.
Responsibilities:
- Manage the monthly close processes related to inventory and COGS, including the preparation of journal entries, accruals, account reconciliations, excess and obsolete inventory analysis, in transit inventory accrual, inventory fluctuations analysis, etc.
- Partner with operations leaders to analyze and report on manufacturing variances, spending and other manufacturing metrics to drive operational efficiencies and cost savings.
- Responsible for the annual standard cost roll. Working with the Purchasing and Planning groups, validate standard costs (including overhead rates) and analyze inventory revaluation impact. Work with Financial Planning to align updated costs to the budget/forecast.
- Partner with Financial Planning and operations teams to coordinate budgeting and forecasting, including materials, labor and overhead expense forecasting, etc.
- Assist operations with quarterly physical inventory count process and assist in transition to cycle count program.
- Assist with monthly gross margin analysis by product line, including variance commentary and identification of process and cost saving opportunities.
- Perform or support inventory transactions (e.g., standard cost changes, inventory adjustments, scrap transactions, etc.)
- Assist with integrating future acquisitions' inventory and financial processes to comply with the Company's standard policies.
- Work with international locations to monitor global inventory balances.
- Monitor inventory-related SOX controls and perform self-testing as required.
- Perform special accounting analysis, reporting and projects, as requested.
Qualifications:
- BA/BS with a major in Accounting.
- 5+ years' experience in cost and inventory accounting in a manufacturing company.
- Understanding of US GAAP and SOX internal controls related to inventory reporting.
- Strong interpersonal, verbal, and written communication skills.
- Strong Excel skills and attention to detail (pivot tables, large data set manipulation, etc.)
- SAP experience a plus.
The estimated base salary range for this role, based in the United States of America is $86,000-$131,100. Compensation decisions are dependent on several factors including, but not limited to an individual's qualifications, location, internal equity, and alignment with market data. Additionally, employees are eligible to participate in one of our variable cash programs (bonus or commission) and eligible roles may receive equity as part of the compensation package. We offer a wide range of benefits such as paid time off, health/dental/vision, retirement benefits and flexible spending accounts. All compensation and benefits information will be confirmed in writing at the time of offer.
