What are the responsibilities and job description for the Inventory Accountant position at AutoSavvy?
AutoSavvy
AutoSavvy is one of the largest and fastest growing automotive dealers in the country, and we are looking for talented individuals who can help us accomplish our lofty goals. We currently have 20 stores located in 10 different states and we are always expanding.
Location & Schedule:
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Woods Cross, UT
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Full-Time
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Monday–Friday
Position Summary
We are seeking a detail-oriented and analytical Inventory Accountant to oversee the accounting, controls, and financial reporting associated with our inventory. This position will be responsible for maintaining accurate inventory records, completing general ledger reconciliations, supporting inventory audits, analyzing short-term inventory financing, and preparing cash projections related to inventory purchases and sold inventory.
The ideal candidate will have a strong accounting foundation, excellent analytical skills, and the ability to work effectively with large amounts of inventory and financial data.
Key Responsibilities:
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Maintain accounting control over inventory activity, balances, and related transactions.
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Reconcile inventory-related general ledger accounts and investigate discrepancies.
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Develop and maintain inventory audit procedures and internal controls.
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Monitor purchased, held, and sold inventory to ensure transactions are recorded accurately and timely.
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Analyze short-term inventory financing balances, utilization, interest expense, and availability.
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Prepare cash-flow projections for anticipated inventory purchases, financing activity, and sold inventory.
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Identify aging inventory, unusual balances, missing transactions, and financial risks.
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Partner with operations, purchasing, sales, treasury, and accounting teams to resolve inventory issues.
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Assist with month-end close, financial reporting, audits, and management reporting.
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Develop reports and analytics that improve visibility into inventory performance and cash requirements.
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Recommend improvements to inventory accounting processes, controls, and reporting.
Required Qualifications:
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Bachelor’s degree in Accounting or a related field preferred.
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Two or more years of accounting, inventory, audit, financial analysis, or related experience preferred.
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Strong understanding of general ledger accounting and account reconciliations.
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Strong analytical and problem-solving abilities.
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Advanced proficiency in Microsoft Excel.
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Ability to work with large datasets and identify discrepancies or unusual trends.
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Strong attention to detail and ability to meet month-end deadlines.
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Effective written and verbal communication skills.
Ideal Qualifications:
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Experience with inventory-intensive businesses, automotive retail, equipment, manufacturing, distribution, or similar industries.
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Experience analyzing short-term inventory financing or asset-based lending.
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Experience preparing cash forecasts or working-capital analyses.
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Familiarity with SQL, Power BI, or other reporting and data-analysis tools.
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Knowledge of inventory internal controls and audit procedures.
What Success Looks Like:
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Inventory and related general ledger balances are accurate and reconciled.
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Inventory discrepancies are identified and resolved promptly.
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Management has reliable projections for inventory purchasing and cash requirements.
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Short-term inventory financing is accurately monitored and analyzed.
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Inventory accounting processes and internal controls continually improve.
Employment Requirements:
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Valid driver’s license with acceptable driving record
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Ability to pass a background check
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Authorized to work in the United States
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Requirement of Multi-Factor Authentication apps on cell phone
Benefits:
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Comprehensive Benefits: Medical, Dental, and Vision coverage, HSA match, TelaDoc, Pharmacy Discount Programs, and Employer paid Life Insurance
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Employee Assistance Program: Free of charge for personal uses such as support and general resources
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Additional Perks: Pet Insurance, Gym Discounts, and an Employee Vehicle Purchase Program, Volunteer PTO Program
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Retirement Savings: Employer matching contributions
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Paid Time Off: Among the best PTO policies in the industry
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Paid Holidays: 7 major holidays
Physical Requirements:
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Sedentary work that primarily involves sitting/standing for 6 - 8 hours
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Visual acuity to read and type for 6 - 8 hours
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Simple grasping and fine manipulation to sort through papers for 6 - 8 hours
Work Environment:
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Indoor and onsite work location
AutoSavvy provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
All offers of employment at AutoSavvy are contingent upon clear results of a thorough background check and motor vehicle report (MVR). Background checks and MVRs will be conducted on all final candidates offered employment. AutoSavvy participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the United States.
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