What are the responsibilities and job description for the Inventory Cost Accountant position at HARMAN International?
We’re a global, multi-disciplinary team that’s putting the innovative power of technology to work and transforming tomorrow. As a member of HARMAN Lifestyle, you connect consumers with the power of superior sound.
As an Inventory and Cost Accountant, you are responsible for supporting the accuracy and integrity of inventory records, preparing key inventory and costing reports, and contributing to the monthly financial close process. You will collaborate with cross-functional teams to analyze stock trends, investigate discrepancies, and support the execution of inventory controls activities such as cycle counts, physical inventories, and reconciliations. In addition, you will help maintain standard costs, assist with ERP updates and support audit and compliance requirements, ensuring alignment with company policies and financial standards.
The position will collaborate with operational business leaders to support the growth and profit objectives for the North America region of the Lifestyle Consumer Audio business. The role also supports major corporate and global initiatives. The North America region is headquartered in Northridge, CA with annual revenues of over $1 Billion.
What You Will Do
HARMAN is committed to making every employee feel welcomed, valued, and empowered. No matter what role you play, we encourage you to share your ideas, voice your distinct perspective, and bring your whole self with you – all within a support-minded culture that celebrates what makes each of us unique. We also recognize that learning is a lifelong pursuit and want you to flourish. We proudly offer added opportunities for training, development, and continuing education, further empowering you to live the career you want.
About HARMAN: Where Innovation Unleashes Next-Level Technology
Ever since the 1920s, we’ve been amplifying the sense of sound. Today, that legacy endures, with integrated technology platforms that make the world smarter, safer, and more connected.
Across automotive, lifestyle, and digital transformation solutions, we create innovative technologies that turn ordinary moments into extraordinary experiences. Our renowned automotive and lifestyle solutions can be found everywhere, from the music we play in our cars and homes to venues that feature today’s most sought-after performers, while our digital transformation solutions serve humanity by addressing the world’s ever-evolving needs and demands. Marketing our award-winning portfolio under 16 iconic brands, such as JBL, Mark Levinson, and Revel, we set ourselves apart by exceeding the highest engineering and design standards for our customers, our partners and each other.
If you’re ready to innovate and do work that makes a lasting impact, join our talent community today!
HARMAN is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or Protected Veterans status. HARMAN offers a great work environment, challenging career opportunities, professional training, and competitive compensation. (www.harman.com)
- Remote
- Contribute your talents to high-end, esteemed brands like JBL, Mark Levinson and Revel
- Unite your passion for audio innovation with high-tech product development
- Create pitch-perfect, cutting-edge technology that elevates the listening experience
As an Inventory and Cost Accountant, you are responsible for supporting the accuracy and integrity of inventory records, preparing key inventory and costing reports, and contributing to the monthly financial close process. You will collaborate with cross-functional teams to analyze stock trends, investigate discrepancies, and support the execution of inventory controls activities such as cycle counts, physical inventories, and reconciliations. In addition, you will help maintain standard costs, assist with ERP updates and support audit and compliance requirements, ensuring alignment with company policies and financial standards.
The position will collaborate with operational business leaders to support the growth and profit objectives for the North America region of the Lifestyle Consumer Audio business. The role also supports major corporate and global initiatives. The North America region is headquartered in Northridge, CA with annual revenues of over $1 Billion.
What You Will Do
- Monitor current stock levels, identifying discrepancies, and analyzing inventory data to understand trends and potential issues.
- Prepare inventory-related reports and dashboards, including inventory aging, turns, cycle count accuracy, excess/obsolete stock and reserves.
- Support the implementation of strategies to maintain optimal stock levels, minimize waste, and reduce holding costs.
- Track and support execution of cycle counts, physical inventories, and related reconciliation activities.
- Monitor monthly inventory transactions and reconciling discrepancies between physical and system records by running sensitive movements reports in SAP.
- Identify root causes of inventory variances and work with operations and warehouse teams to implement corrective actions.
- Support the evaluation and enhancement of inventory control processes, including documentation and standard operating procedures.
- Maintain and update inventory standard cost in coordination with supply chain and global finance teams.
- Prepare reports and analysis related to inventory returns.
- Prepare refurbish vs. scrapping analysis and support related process improvements.
- Support ERP or inventory management system updates, ensuring data accuracy and system integrity.
- Prepare reconciliations and journal entries related to inventory and costing accounting.
- Support the monthly financial close process and assist the Finance Manager and team with accounting and audit deliverables.
- Bachelor’s degree in Finance, Accounting, Economics or related field.
- 1-3 years of relevant finance experience with inventory and costing.
- Proficiency in Excel (pivot tables, lookups, modeling) required.
- Accounting skills, including experience with preparing reconciliations, accruals and journal entries.
- Strong attention to detail and ability to manage multiple priorities in a fast-paced environment.
- Strong analytical, written, verbal and organizational skills.
- Excellent communication and collaboration skills.
- Experience with SAP.
- Experience in the Consumer Electronics, Consumer Products or related industries.
- Knowledge of visualization tools and dashboards.
- Be willing to travel up to 10%, domestic and international travel
- Be willing to work 3-5 days a month in an office in Northridge, CA
- Successfully complete a background investigation and drug screen as a condition of employment
- Flexible work environment, allowing for full-time remote work globally for positions that can be performed outside a HARMAN or customer location
- Access to employee discounts on world-class Harman and Samsung products (JBL, HARMAN Kardon, AKG, etc.)
- Extensive training opportunities through our own HARMAN University
- Competitive wellness benefits
- Tuition reimbursement
- “Be Brilliant” employee recognition and rewards program
- An inclusive and diverse work environment that fosters and encourages professional and personal development
HARMAN is committed to making every employee feel welcomed, valued, and empowered. No matter what role you play, we encourage you to share your ideas, voice your distinct perspective, and bring your whole self with you – all within a support-minded culture that celebrates what makes each of us unique. We also recognize that learning is a lifelong pursuit and want you to flourish. We proudly offer added opportunities for training, development, and continuing education, further empowering you to live the career you want.
About HARMAN: Where Innovation Unleashes Next-Level Technology
Ever since the 1920s, we’ve been amplifying the sense of sound. Today, that legacy endures, with integrated technology platforms that make the world smarter, safer, and more connected.
Across automotive, lifestyle, and digital transformation solutions, we create innovative technologies that turn ordinary moments into extraordinary experiences. Our renowned automotive and lifestyle solutions can be found everywhere, from the music we play in our cars and homes to venues that feature today’s most sought-after performers, while our digital transformation solutions serve humanity by addressing the world’s ever-evolving needs and demands. Marketing our award-winning portfolio under 16 iconic brands, such as JBL, Mark Levinson, and Revel, we set ourselves apart by exceeding the highest engineering and design standards for our customers, our partners and each other.
If you’re ready to innovate and do work that makes a lasting impact, join our talent community today!
HARMAN is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or Protected Veterans status. HARMAN offers a great work environment, challenging career opportunities, professional training, and competitive compensation. (www.harman.com)
- Remote