Inventory Accountant

Inventory Accountant

We are seeking a detail-oriented and analytical Inventory Accountant. This role will be responsible for managing inventory accounting processes, maintaining accurate financial records related to inventory, and supporting both internal controls and operational efficiency. The ideal candidate will have strong Excel skills, a solid grasp of financial statements, and experience working with inventory systems.

Key Responsibilities:

• Maintain and reconcile inventory accounts in the general ledger; ensure proper valuation of inventory in accordance with GAAP.
• Monitor and analyze inventory transactions and movements to ensure accuracy and completeness.
• Prepare and analyze monthly inventory rollforwards and provide detailed explanations for variances.
• Support the month-end and year-end close process as it relates to inventory and cost of goods sold (COGS).
• Collaborate with the Accounts Payable and Operations teams to resolve receiving discrepancies and ensure accurate recording of receipts.
• Assist in coordinating and reviewing cycle counts and physical inventories; investigate and resolve count variances and related issues.
• Develop and refine inventory tracking tools and Excel-based models for inventory analysis, reporting, and forecasting.
• Prepare reports and dashboards to identify trends, obsolete inventory, shrinkage, and recommend corrective actions to management.
• Act as a key resource in maintaining and improving inventory accounting processes and internal controls.
• Support system implementations or upgrades related to inventory or financial reporting systems.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 2 years of experience in inventory accounting or related areas.
• Strong understanding of inventory valuation, COGS, and how inventory impacts the balance sheet and income statement.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, formulas, data analysis).
• Experience with ERP or retail inventory systems

Must have inventory accounting experience and strong Excel skills

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All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information.

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