Inventory Accountant
Responsibilities:
Prepare monthly journal entries for COGS, inventory movement, inventory adjustment and any otherrelated inventory chart of accounts.Reconciling inventory accounts to the general ledger.Maintain and review the general ledger and reconcile balance sheets.Ensure inventory ending balance matches between the warehouse management system and theaccounting system monthly.Manage inventory flow reports on a weekly basis to investigate and correct discrepancies in reportedquantities and locations of all inventories on hand.Developing inventory analysis reports and analyzing variances.Assess inventory output on a daily, weekly, or monthly basis to identify trends in productivity.Create Purchase Order (PO) for the vendors according to requisition form submitted by the InventoryManager.Manage inventory AP accounts in both QBO online and Bill.com to ensure on time payment andaccurate booking between vendor invoices and POs.Work with the logistic team to reconcile open PO on a weekly basis between vendors and warehouse.Establish trusted relationships with suppliers to ensure quality service and cost-effective deals.Analyze costs of raw materials, freight, and R&D to create cost-benefit analyses.Ad-Hoc projects as required.
Requirements:
Bachelor s degree in Finance or Accounting preferred.Minimum of 2-3 years of relevant work experience, preferably in the
e-commerce
industryKnowledge of GAAPWorking knowledge of Bill.com & QBO (or similar accounting software)Working knowledge of Financial Statement, and Cost of Goods Sold ReconciliationStrong attention to detail and a process-oriented mindsetExcellent organization as well as written and oral skills#
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