What are the responsibilities and job description for the Inventory Staff Accountant position at Selby Jennings?
Job Qualifications
- Bachelor's degree in Accounting.
- 2 years of accounting experience with exposure to inventory accounting, cost accounting, or manufacturing accounting.
- Strong understanding of inventory valuation, costing methodologies, and U.S. GAAP.
- Experience reconciling inventory balances, preparing journal entries, and supporting month-end close.
- Advanced Excel skills, including pivot tables, lookups, reconciliations, and data analysis.
- Experience working within an ERP system; manufacturing ERP experience preferred.
- Ability to analyze cost variances, inventory movements, and operational data.
- Strong attention to detail with a proven ability to identify and resolve discrepancies.
- Ability to partner effectively with operations, warehouse, receiving, and leadership teams.
- Experience within food manufacturing, agribusiness, grain processing, commodities, or other manufacturing environments is highly preferred.
- Maintain accurate inventory records for raw materials, work-in-process, finished goods, packaging materials, and byproducts.
- Calculate and analyze standard and actual product costs, including production yields, overhead absorption, and conversion costs.
- Investigate and explain inventory, production, and cost variances.
- Prepare inventory-related journal entries, accruals, reserves, and month-end close schedules.
- Reconcile perpetual inventory records to the general ledger and physical inventory counts.
- Coordinate monthly and annual inventory counts and resolve count-to-book variances.
- Develop and strengthen inventory controls, procedures, and reporting processes.
- Partner with plant operations and receiving teams to improve inventory accuracy and transaction processing.
- Produce inventory reports, aging analyses, and operational metrics for management.
- Support borrowing base reporting, budgeting, audits, and lender requests.
- Assist with ERP enhancements, process improvements, and automation initiatives.