The Inventory Accountant is responsible for managing and maintaining accurate inventory records, performing reconciliations, and ensuring compliance with accounting standards and company policies. This role plays a critical part in the financial accuracy of inventory valuation and supports operational efficiency across the organization.
1. Inventory Management & Reconciliation:
- Maintain accurate and timely inventory records in the accounting system
- Perform monthly inventory reconciliations between physical counts and system records
- Investigate and resolve inventory discrepancies, variances, and adjustments
2. Financial Reporting & Analysis:
- Prepare monthly inventory reports and variance analysis
- Support month-end and year-end close processes related to inventory
- Ensure compliance with GAAP and company accounting policies
- Assist with internal and external audits related to inventory
3. Process Improvement & Compliance:
- Develop and implement inventory control procedures and best practices
- Collaborate with warehouse and operations teams to improve inventory accuracy
- Identify opportunities for process automation and efficiency improvements
4. Cross-Functional Collaboration:
- Work closely with Procurement, Warehousing, and Operations teams from US
- Provide inventory data and analysis to management as needed
- Support other accounting and finance projects as assigned