About The Role
The Accounting Inventory is responsible for maintaining accurate inventory records, ensuring proper valuation of inventory, and supporting financial reporting related to inventory transactions. This role works closely with accounting, operations, and warehouse teams to ensure compliance with accounting standards and internal controls.
Key Responsibilities
- Conduct Inventory Verification and Physical Audit
- Conduct, lead, and observe physical inventory counts and continuous cycle counting processes across all warehouses.
- Verify that the physical quantity of inventory observed precisely matches the perpetual inventory records maintained manually and in QuickBooks, investigating and reporting on all variances.
- Ensure proper count procedures and crucial inventory cut-off controls are strictly followed during all physical verification event.
- Documentation and Control Verification
- Audit Inventory personnel documentation and transactions to verify the accuracy and effectiveness of established internal controls related to inventory flow.
- Review and confirm the proper authorization and documentation for all material inventory transactions, including: -Item Receipts -Inventory Transfer Form -Spare Parts Requisition Forms -Convert Form -Credit Memo
- Reporting and Root Cause Analysis
- Prepare detailed, objective reports for any discrepancies, material variances, or control deficiencies identified during audits.
- Analyze the root causes of major inventory variances, transactional errors, and control failures.
- Report findings and formally recommend specific preventive actions and process improvements to operations and financial management to reduce future risk and improve accuracy.
What Were Looking For
- Bachelors degree in Accounting, Finance, or related field
- 2+ years of experience in accounting or inventory accounting (preferred)
- Strong understanding of inventory accounting principles
- Experience with ERP or accounting systems (e.g., QuickBooks)
- Proficiency in Microsoft Excel
- High attention to detail and accuracy
- Ability to work cross-functionally with operations and warehouse teams
Working Schedule
Monday to Saturday (8am to 5pm)