Inventory Staff Accountant

The Inventory Staff Accountant will support the Controller while providing important services within the office. They are integral to the hierarchy of the office and resolve many issues before they become larger problems.

S/he communicate with third party business partners, as well as internal management regarding general accounting inquiries. Maintain and prepare files, while keeping the team informed of critical and unusual account activity.

Main Duties

• Maintain and update inventory records in the general ledger and ERP systems, ensuring stock is valued correctly.
• Perform monthly reconciliations between physical stock ledger, warehouse tool, and general ledger.
• Oversee cycle counts and physical inventory counts, investigating any variances.
• Analyze cost of goods sold (COGS), purchase price variances, freight and duty allocations, and gross margins.
• Prepare inventory-related journal entries, accruals, and reserve calculations for obsolete or slow-moving stock.
• Supply accurate current landed cost data to R&D and Sales for use in calculating project cost and customer selling prices.
• Collaborate with purchasing, warehouse, operations to resolve discrepancies and streamline supply chain data.
• Supply audit support for the year end external review, as it relates to inventory and capital expenditures

Qualifications and Education Requirements

• Bachelors Degree in Accounting or Finance
• 3 or more years of relevant experience in manufacturing environment.
• Experience with M3 and/or SAP S4/Hana a plus

Preferred Skills

• High attention to detail and high accuracy rate
• Good inter-personal, verbal, and written communication skills.
• Ability to work independently, accurately and prioritize job tasks.
• Intermediate to advanced MS Office skills (Excel, Word, PowerPoint, Outlook)
• Excellent organization skills and client service attitude

Benefits

• Medical, dental and vision insurance
• 401(k) retirement plan with employer match
• Paid vacation and sick time
• Paid holidays

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Health savings account
• Paid sick time
• Referral program
• Retirement plan
• Vision insurance

Experience:

• Accounting: 2 years (Preferred)

Ability to Commute:

• Bohemia, NY 11716 (Required)

Work Location: In person