<span>Inventory Accountant</span>

$60,000 - $75,000/Yr

Green Star Labs - San Diego, CA

Full-time - Entry Level

San Diego, CA

About the position

The Inventory Accountant will play a crucial role in managing financial records and ensuring compliance with accounting standards. This position requires a detail-oriented individual who can provide insightful financial analysis to support decision-making within the finance team. The ideal candidate will have a strong understanding of accrual accounting principles and the ability to work collaboratively in a team environment.

Responsibilities

• Prepare and analyze financial statements in accordance with GAAP standards.
• Work with cost accounting and operations systems, inventory cycle count activities, and periodic inventory cost analysis.
• Prepare and maintain internal corporate cost accounting procedures manuals documenting all significant procedures.
• Reconcile and monitor inventory subsystems to the general ledger and explain monthly variances to inventory balances and prepare related journal entries.
• Manage spare level, obsolescence, and excess inventory.
• Handle purchased parts accruals, accumulated depreciation, and allowance for obsolescence.
• Interface transactions from inventory subsystem to general ledger.
• Assist in joint venture activities.
• Meet all deadlines related to the accountant's areas of responsibilities and assist the CFO with meeting departmental deadlines.
• Conduct financial audits and assist in the preparation of audit reports.
• Collaborate with cross-functional teams to provide financial insights and support strategic initiatives.
• Conduct thorough financial analysis to identify trends, variances, and opportunities for improvement.

Requirements

• Strong knowledge of accrual accounting principles.
• Excellent financial acumen with the ability to interpret complex financial data.
• Familiarity with NetSuite is a plus.
• Proficient in financial auditing practices and procedures.
• Experience in the manufacturing industry is desirable.
• Competent in balance sheet reconciliation and account reconciliation processes.
• Ability to work collaboratively within a team while managing individual responsibilities effectively.

Nice-to-haves

• GAAP experience of 3 years (Preferred)
• CPA certification (Preferred)
• Ability to commute to San Diego, CA 92123 (Preferred)
• Ability to relocate to San Diego, CA 92123 before starting work (Preferred)

Benefits

• Health insurance