Essential Duties and Responsibilities:
Inventory:
- Accurate analysis of the current inventory control process flow
- Researching various inventory transactions and posting errors
- Maintain stock ledger data, updates, and all related controls
- Oversee accounting and reconciliation of all inventory-related accounts
- Oversee the preparation of all inventory-related information, including inventory costing for the financial statements
- Responsible for all inventory-related balance sheet reconciliations
- Inventory accuracy monitoring including at least weekly tracking of the cycle count program and at least monthly review of inventory provisions
- Leads and directs employees, including assigning, monitoring, and reviewing progress and accuracy of work, directing efforts, and providing technical guidance on more complex issues.
- This role also involves hiring decisions and annual performance reviews.
- Lead the establishment and improvement of competency across your responsibilities.
- Respond to and resolve employee relations issues expressed by team members; create and maintain a high-quality work environment so team members are motivated to perform at their highest level.
- Ensure timely month-end, quarter-end, and year-end close processes and adherence to Company reporting deadlines.
- Create an environment in the organization where the discipline to properly document policies and procedures is well ingrained, with orientation to improvement of internal controls.
- Attends monthly close meetings with business unit leaders and will speak to areas of interest.
Process Improvement:
- Innovate, create, modify, and implement new standard operating procedures, policies, and processes, as appropriate
- Creation of strategies to develop, maintain, and strengthen operational performance
- Work with business leaders to analyze existing processes/systems, operational challenges and seek to resolve those challenges
Other Responsibilities Include:
- Prepare other variations of financial reports that meet the needs of the business including ad-hoc financial analysis to facilitate strategic and tactical decision-making
- Assist business units within the company to manage financial reporting, budgeting, and variance analyses by the business units
- Document accounting and finance department procedures. Create new procedures, as needed.
- Research and document proper accounting treatments for unusual transactions in areas of responsibility
- Communicate with co-workers, management, clients, and others in a courteous and professional manner.
- Work directly with other departments to proactively solve issues before they arise.
- Conform with and abide by all regulations, policies, work procedures, and instructions
- Miscellaneous projects as assigned
Skills/Experience Required:
- Bachelor's degree in Accounting or Finance; CPA preferred; licensure in related areas preferred
- 7 or more years of experience with inventory accounting in the Distribution, Manufacturing and/or Retail industries
- Experience with an integrated accounting ERP system, Excel, and Word
- Thorough knowledge of GAAP, internal controls, and general-ledger account analysis and reconciliation
- Exceptional problem-solving abilities and good organizational skills
- Experienced in network-based accounting systems, preferably Microsoft Great Plains and Microsoft Dynamics D365
- Excellent communication and interpersonal skills
- Must be able to work independently
- Must be detail-oriented and organized
- Ability to work in a fast-paced environment handling multiple priorities while meeting deadlines.
- Must be able to work on many different projects at one time.