Inventory Accounting Analyst
Inventory Accounting Analyst
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Job Description
The Inventory Analyst is responsible for inventory accounting across multiple Global Supply Chain manufacturing and distribution sites. Utilizing investigative skills the Inventory Analyst will identify research and remedy accounting variances. The Analyst puts emphasis on book to perpetual review and plays a key role during annual physical inventory. In this role the Inventory Analyst will develop a familiarity with inventory and operational accounting and strengthen analytical and problemsolving skills. The Analyst drives continuous improvement by providing innovative feedback and employs transactional lean tools to make inventory processes increasingly more efficient.
Because this role involves access to confidential financial information the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments.
Core functions of the position include but may not be limited to the following;
General Ledger to Perpetual Reconciliation
- Reconcile perpetual inventory balances to the general ledger
- Identify root cause of variances and book correcting entries as needed
Annual Physical Inventory
- Support the annual physical inventory process for Best of Breed (BoB) plants and distribution centers
- Work with sites to prepare for physical inventory and clear preinventory checklists
- Travel to sites during the count and assist with running reports reviewing variances etc.
Physical Inventory Exemption (PIE) Program
- Review monthly cycle count results of sites on the PIE program
- Monitor metrics such as count accuracy and completion percentage and provide updates to sites regarding their progress towards maintaining exemption
- Travel to sites on the program annually and conduct audit procedures to ensure site adherence to policy
Month End Close
- Calculate and book entries in support of monthly financial close
- Review and provide reporting on monthly results
Adhoc Analysis and Projects:
- Perform adhoc analysis as requested by either Inventory Management or Business Unit level Management.
- Participate in special projects as needed.
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelors Degree
Preferred:
- Accounting or Finance Major
KNOWLEDGE & EXPERIENCE:
Required:
- Minimum 1 years of accounting or finance experience
- Strong analytical problem solving and communication skills
- Working knowledge of Microsoft Office applications particularly Excel.
Preferred:
- Prior experience within an inventory accounting type of position.
- Prior operations (MFG/DSC) experience.
- Prior audit experience.
- Working knowledge of Operational Order Mgtm Systems Accounts Payable and/or Billing systems
- Working knowledge of TAG POS AOM Oracle Microstrategy and Business Objects
TECHNICAL/SKILL REQUIREMENTS:
Required:
- Effectively manage through various operating systems
- Ability to communicate effectively with individuals at all levels of management
- Ability to recognize trends patterns and investigate financial irregularities
Preferred:
- Successful completion or involvement in a large scale financial project ( of an integration an acquisition or new operating system)
Travel: 10%
Required Experience:
IC
Employment Type
Full Time
