Job Description
Full job description
About the Role
This role reports directly to the Manager, Accounting and will have responsibility to assist in the delivery of timely and accurate accounting and reporting of general ledger transactions in accordance with GAAP for assigned areas. This position will assist in the timely closing of the monthly, quarterly, and annual closing processes and is expected to identify and implement control and process improvements related to the same.
A Day in the Life
Monitor inventory transactions weekly, including receipts, adjustments, landed cost adjustments and cost of goods sold.
Reconcile Inventory on hand at 3 warehouses and 6 centers to the general ledger system, determine inventory in transit and make the necessary adjustments.
Maintain current cost sheets for inventory on hand.
Reconcile balance sheet accounts monthly, as assigned. Typical accounts include, but are not limited to, inventory, prepaid assets, and accrued expenses.
Investigate/resolve reconciling items on a timely basis.
Perform monthly and quarterly balance sheet and income statement variance analysis in accordance with pre-defined scopes.
Perform monthly margin analysis and assist FP&A with accounting close margin snapshot for management
Collaborate with colleagues on the financial planning and analysis (“FPA”) team to conduct monthly meetings with assigned department heads to evaluate actual results against budget/forecast and determine required accruals.
Prepare and record monthly journal entries and assist in monthly general ledger close process.
Compile financial data for footnotes to the audited financial statements.
Ensure accurate coding of transactions in accordance with the company’s chart of accounts / budget including preparation and detailed review of the all-journal activity. Recommend / record reclassification entries and adjustments, as necessary.
Contribute to maintaining an environment of strong internal controls and proactively identify opportunities to enhance controls or implement efficiencies in compliance with control objectives.
Ensure documentation of control environment and related environments remains current.
Assist in preparation of schedules for management, auditors and others as needed.
Use accounting transaction and reporting systems to generate reports, respond to inquiries, conduct research, and identify and resolve problems in a timely manner.
Ad-hoc research / analysis as required.
What Sets You Apart
Intermediate MS Excel background
Inventory accounting and reconciliation experience
NetSuite experience preferred
General ledger and related reconciliation experience
Intermediate knowledge of accounting principles
Demonstrated ability to successfully work in a collaborative and dynamic work environment
Excellent communication and organizational skills; proven ability to manage multiple priorities effectively meeting deadlines.
Uses resources effectively to generate solutions; takes initiative when resolving problems
Excellent written and verbal communication skills
Creative problem solver that thrives in a rapidly growing and evolving organization
Strong accounting, analytical, & interpretive skills.
Demonstrated ability to document and maintain business processes in the form of Desktop Procedures
Ability to work cooperatively and collaboratively with all levels to maximize performance and results.
About the Role
This role reports directly to the Manager, Accounting and will have responsibility to assist in the delivery of timely and accurate accounting and reporting of general ledger transactions in accordance with GAAP for assigned areas. This position will assist in the timely closing of the monthly, quarterly, and annual closing processes and is expected to identify and implement control and process improvements related to the same.
A Day in the Life
Monitor inventory transactions weekly, including receipts, adjustments, landed cost adjustments and cost of goods sold.
Reconcile Inventory on hand at 3 warehouses and 6 centers to the general ledger system, determine inventory in transit and make the necessary adjustments.
Maintain current cost sheets for inventory on hand.
Reconcile balance sheet accounts monthly, as assigned. Typical accounts include, but are not limited to, inventory, prepaid assets, and accrued expenses.
Investigate/resolve reconciling items on a timely basis.
Perform monthly and quarterly balance sheet and income statement variance analysis in accordance with pre-defined scopes.
Perform monthly margin analysis and assist FP&A with accounting close margin snapshot for management
Collaborate with colleagues on the financial planning and analysis (“FPA”) team to conduct monthly meetings with assigned department heads to evaluate actual results against budget/forecast and determine required accruals.
Prepare and record monthly journal entries and assist in monthly general ledger close process.
Compile financial data for footnotes to the audited financial statements.
Ensure accurate coding of transactions in accordance with the company’s chart of accounts / budget including preparation and detailed review of the all-journal activity. Recommend / record reclassification entries and adjustments, as necessary.
Contribute to maintaining an environment of strong internal controls and proactively identify opportunities to enhance controls or implement efficiencies in compliance with control objectives.
Ensure documentation of control environment and related environments remains current.
Assist in preparation of schedules for management, auditors and others as needed.
Use accounting transaction and reporting systems to generate reports, respond to inquiries, conduct research, and identify and resolve problems in a timely manner.
Ad-hoc research / analysis as required.
What Sets You Apart
Intermediate MS Excel background
Inventory accounting and reconciliation experience
NetSuite experience preferred
General ledger and related reconciliation experience
Intermediate knowledge of accounting principles
Demonstrated ability to successfully work in a collaborative and dynamic work environment
Excellent communication and organizational skills; proven ability to manage multiple priorities effectively meeting deadlines.
Uses resources effectively to generate solutions; takes initiative when resolving problems
Excellent written and verbal communication skills
Creative problem solver that thrives in a rapidly growing and evolving organization
Strong accounting, analytical, & interpretive skills.
Demonstrated ability to document and maintain business processes in the form of Desktop Procedures
Ability to work cooperatively and collaboratively with all levels to maximize performance and results.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Accountant (Inventory) position is now open for candidates interested in the Accountant Jobs sector. This role in Dallas offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.