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Job Description

Inventory Accounting & Control:

• Perform daily, weekly, and monthly inventory reconciliations between the physical stock and the system records.
• Calculate and record inventory valuation using appropriate costing methods (FIFO, Weighted Average, etc.).
• Investigate and resolve inventory discrepancies, shrinkage, and variances promptly.
• Manage cycle count programs and support year-end physical inventory audits.

Financial Recording & Reporting:

• Process all warehouse-related financial transactions, including goods received, shipments, and returns.
• Record journal entries for inventory adjustments, cost of goods sold (COGS), and warehouse expenses.
• Prepare and analyze monthly inventory and warehouse performance reports (aging, turnover, carrying costs).
• Assist in the month-end and year-end closing processes related to inventory.

Cost Analysis & Process Improvement:

• Monitor and analyze warehouse operational costs (labor, storage, handling, freight).
• Track and report on key financial KPIs related to inventory accuracy and warehouse efficiency.
• Collaborate with the warehouse team to identify opportunities for cost reduction and process optimization.
• Support budgeting and forecasting for warehouse operations.

Compliance & Systems:

• Ensure compliance with company policies, accounting standards, and internal controls.
• Maintain accurate and organized financial documentation for the warehouse function.
• Utilize the ERP/WMS (e.g., SAP, Oracle, NetSuite) and inventory management systems effectively.
• Liaise with internal departments (Procurement, Sales, Finance) and external auditors as needed.

Job Requirements

• Bachelor’s degree in Accounting, Finance, or a related field.
• 4-6 years in an accounting role, preferably within warehousing, logistics, distribution, or manufacturing.
• Strong understanding of inventory accounting principles and cost management.
• Proficiency in Microsoft Excel (pivot tables, VLOOKUPs, advanced formulas) and ERP systems.
• Professional certification (e.g., CPA, CMA) or progress toward one.
• High level of accuracy, attention to detail, and strong analytical skills.
• Excellent organizational and time-management abilities.
• Effective communication skills to collaborate with both finance and operations teams.