Inventory Staff Accountant

Abel & Schafer Inc.

  • Bohemia, NY
  • 5 days ago

    Highlights

    Supply accurate current landed cost data to R&D and Sales for use in calculating project cost and customer selling prices. Analyze cost of goods sold (COGS), purchase price variances, freight and duty allocations, and gross margins.

    Numbers & Facts

    LocationBohemia, NY

    Description

    • 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
    • Support the accurate reporting of capital expenditures (Capex).

    Qualifications and Education Requirements

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

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