Sr Accountant-Inventory & Costing

The Senior Accountant – Inventory and Costing is responsible for ensuring the accuracy, validity, and proper accounting treatment of all inventory transactions, balances, and costing methodologies across the organization. This role serves as the primary liaison between the Accounting Department and field operations, coordinating inventory controls, reconciliation processes, cycle count programs, and cost of goods sold (COGS) analysis. The Senior Accountant works collaboratively with branches and operational teams to resolve inventory-related issues, drive proper inventory management practices, and maintain consistency in costing application. This position is instrumental in supporting financial reporting accuracy and operational efficiency.

Essential Duties and Responsibilities:

• Reconcile monthly inventory general ledger balances to physical inventory and system records, investigating and resolving variances to ensure accuracy and completeness
• Monitor, validate, and approve inventory adjustments for accuracy, legitimacy, and proper accounting treatment
• Calculate, analyze, and report on excess, slow-moving, and damaged inventory monthly; develop recommendations for inventory optimization
• Coordinate and oversee cycle count programs across all branch locations, ensuring compliance with company standards and timeliness
• Develop, implement, and maintain inventory control policies, processes, and procedures to drive consistency and operational efficiency
• Investigate inventory discrepancies and collaborate with branch operations to identify root causes and implement corrective actions
• Prepare and publish monthly inventory financial reports; communicate findings, trends, and recommendations to management and stakeholders
• Serve as the primary point of contact for inventory accounting and operational issues, providing guidance and support to branch locations
• Participate in and assist with physical inventory counts and reconciliations as needed
• Evaluate costing methodologies and ensure proper application of inventory valuation methods in accordance with company policy and accounting standards

In addition to the above responsibilities, this individual is held accountable for all other duties as assigned.

Work Schedule:

Hybrid Schedule, working 2 days minimum at the office/branch a week.

Physical Demands-Demand Frequency
Sedentary – Lifting 0-10 pounds Occasional
Light Lifting – 10-20 pounds Never
Moderate Lifting – 20 to 50 pounds Never
Heavy Lifting – 50 to 100 pounds Never
Pulling/Pushing, Carrying Never
Reaching or working above shoulder Never
Walking Occasional
Standing Occasional
Sitting Constant
Stooping Never
Kneeling Never
Repeated Bending Never
Climbing Never
Desk Work/Computer use/Telephone use Constant
Operating a motor vehicle Never
Operating a commercial vehicle Never
Operating warehouse equipment, forklift, baseloid lift etc Never
Other – Talk, Drive, visit customers etc. Occasional

EEO Statement
Watsco and its subsidiaries are an Equal Opportunity Employer and do not discriminate on the basis of age, color , race, religion, disability, sex, or national origin. We support a diverse and inclusive workplace where we employ, retain, terminate, and otherwise treat all employees and job applicants on the basis of merit, qualifications and competence.

Qualifications:

Qualifications:

• Bachelor's Degree in Business, Accounting, or related field
• Minimum of 4 years of relevant experience in accounting, with at least 2 years in inventory management
• Experience with ERP systems and business intelligence tools
• Inventory valuation experience with weighted average cost (WAC) methodology and cycle counting programs
• Strong proficiency in Microsoft Excel and data analysis
• Detail-oriented with high attention to accuracy
• Strong analytical, problem-solving, and communication skills
• Ability to work cross-functionally with operations, accounting, and branch personnel
• Excellent organizational skills and ability to manage multiple priorities