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The Senior Cost Inventory Accountant is responsible for a variety of inventory and accounting tasks to ensure accurate financial records, while building stakeholder relationships. The incumbent leverages strong, detail oriented analytical and problem-solving skills and the ability to recognize and understand the cross functional impact of transactions.

Key Responsibilities

• Track and monitor inventory movement, capitalization, and reserves (including excess and obsolete inventory), and variances to expected costs.
• Reconcile monthly general ledger to perpetual inventory, work in process, and finished goods inventory subledger valuations.
• Ensure the overall accuracy and integrity of bills of material, including changes in the manufacturing processes for existing products and creation of bills of material for new products.
• Proactively identify omissions and errors in cost information.
• Partner with Finance and Operations teams to determine the appropriate cost of goods sold for products, and to drive process improvement and cost reductions.
• Develop, analyze and maintain expected costs for all products.
• Establish, maintain and update effective manufacturing cost allocation and cost classification models with the Finance and Operations departments.
• Manage the physical inventory and cycle counts and ensure internal controls are functioning as designed.
• Assist with forecasting process related to cost of goods sold and gross margin.
• Complete cost accounting for month end close: post journal entries, prepare account reconciliations, inventory flux analysis and reporting, and analyze labor and overhead allocation.
• Develop cost estimates for potential new products and projects in conjunction with the Finance, Purchasing and Operations Teams.
• Other duties as assigned.

Qualifications

Basic Qualifications

• Bachelor’s Degree in Finance or Accounting
• 5+ years of progressively responsible experience in an inventory or cost accountant function

Preferred Qualifications

3+ years of professional work experience working:

• analyzing cost related data and models
• Advanced Microsoft Excel experience
• Demonstrated history of successfully managing multiple concurrent initiatives, maintaining one’s own workflow amidst competing priorities, and meeting project deadlines
• Demonstrated organization and attention to detail
• Strong interpersonal skills including written and verbal communication, collaboration, and problem solving
• Demonstrated ability to work well under pressure while maintaining a professional demeanor

Seniority level: Associate

• Employment type; Full-time