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The inventory accountant is responsible for the accuracy of inventory records, values and reconciliations. In addition, the accountant will provide backup to the fixed asset desk ensuring the accurate accounting and reporting of capital expenditures, depreciation, spending and analysis.
Job Responsibility:
Maintain inventory records. Reconcile discrepancies resulting from receiving, pricing and loss
Analyze loss reserves
Prepare journal entries and assist with the month-end close process
Provide inventory reporting to management, the tax department and external auditors
Develop and implement inventory procedures and process improvements
Manage accurate accounting and reporting of capital expenditures including depreciation, capital spending and analysis
Maintain tax, AMT, state and E&P fixed asset ledgers and provide schedules for tax preparation
Record fixed asset acquisitions and dispositions in the accounting system
Prepare journal entries and assist with the month-end close process. Provide explanations for variances vs budget for assigned expenses
Provide capital expenditure and depreciation reporting to management, the tax department and external auditors
Requirements:
Bachelor’s Degree in Accounting
2-3 years of relevant work experience desired
Ability to consistently perform hands-on-work with minimal supervision in a team-oriented work environment and to demonstrate strong problem-solving capabilities
Ability to prioritize a high-volume workload efficiently, work under pressure, and meet deadlines, while maintaining excellent attention to detail
Proficiency with MS Excel including the ability to work with and organize large amounts of data using pivot tables, vlookups, formulas, filtering, formatting and other Excel tools
Must be a self-starter with strong critical thinking and problem-solving skills along with excellent organizational, written and verbal communication skills
Must have the ability to work both independently and on a team to complete multiple assignments in a fast-paced environment
Experience with JD Edwards financial software on an AS400 platform is desired
Proficiency in MS Office: Word, PowerPoint and Outlook
Standing, walking, lifting (up to 25lbs.) and climbing