JOB SUMMARY
The Inventory / Cost Accountant supports day-to-day accounting functions by providing timely and accurately reported financial information while ensuring compliance with generally accepted accounting principles. A successful individual will have a focus on inventory, costs and areas where operational and management accounting principles will generate efficiencies for the operations.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
- Supports Operations by monitoring, preparing, and evaluating detailed analytical reports regarding costs, productivity, efficiencies, spend, and associates variances. Works with the operations team to provide actional operating improvements and process improvements for cost efficiencies.
- Performs various general accounting activities, including but not limited to journal entries and account reconciliations.
- Prepares and analyzes cost and vendor price comparison of raw materials and packaging materials to monitor and report purchase price variances, labor efficiency variances, manufacturing variances, etc.
- Partners with operations and manufacturing to highlight potential inventory exposures and communicate for resolution and management.
- Monitors the progress, the completion, and the adherence to Company policies of physical inventory counts of raw materials, packaging, finished goods, and spare parts.
- Performs other related and assigned duties as necessary.
- Performs analytical reviews for inventory-related General Ledger accounts.
- Maintains proper Internal Controls to ensure compliance with Sarbanes Oxley.
SUPERVISORY RESPONSIBILITIES This position carries out supervisory responsibilities in accordance with company guidelines, policies and procedures, and applicable laws. Supervisory responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
- None
Requirements
EDUCATION, EXPERIENCE & QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Qualifications:
- Bachelor’s Degree in Accounting
- 3+ years of relevant work experience
- Proven accounting experience
- Strong analytical/problem solving skills
- Intermediate to Advanced Microsoft Excel skills
- Strong verbal and written communication skills
- Willingness and ability to be a self-starter, taking the initiative to solve problems/pursue business opportunities
- Constructively challenges the process and takes the initiative to search for opportunities to grow, improve and innovate
PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Ability to sit at computer monitor for long periods throughout the day.
- Must possess the ability to stand for long periods of time; to reach with hands and arms; to move among and between offices; to handle mail and documents; to sit, stoop, kneel and crouch; to lift and move up to 10 pounds; to see well enough to discern differences in quality of documents and files.