About the job
The Inventory Accountant plays a vital role in overseeing and maintaining comprehensive financial reports, records, and general ledgers. This position involves meticulous inventory bookkeeping, which includes preparing both recurring and non-recurring accruals and conducting related account reconciliations.
Please note: The organization is currently in the process of relocating its Corporate office from San Diego to Dallas. For the initial three months, this role will require travel commitments of up to 75%.
- Assist in documenting and maintaining inventory sub-processes, including identifying and testing relevant SOX controls.
- Conduct monthly bookkeeping tasks, including the preparation of journal entries and related account reconciliations.
- Support the preparation of monthly budget versus actual variance analyses.
- Collaborate with the Inventory Manager and other accounting managers to develop and implement standard period-end closing schedules and desk procedures.
- Oversee and/or supervise inventory existence procedures for both company-managed and third-party locations.
- Work closely with the Director of Accounting to monitor and track offsite inventory balances and sales activity, while collaborating with the Innovation/Process Improvement team to devise a solution for inventory tracking.
- Partner with the Director of Accounting, Operations, and Sales teams to enhance the existing carrier settlement process.
- Engage with the Director of Accounting and IT–Enterprise Reporting team to develop and test new inventory reports, assisting in related user testing.
- Manage non-routine inventory transactions, including write-ups and write-downs.
- Prepare lower of cost or market (LCM) reserve calculations and supporting reports.
- Assist with preparing schedules and/or reports required by external auditors in connection with the annual financial statements audit.
