Location: Brooklyn,NY, USA
**Inventory Cost Accountant, Sterling Publishing**
**Location**
NJ-Monroe Corporate
**Classification**
Full-Time
**Job Summary**
The Inventory Cost Accountant will partner with the Director, Financial & Strategic Planning; the Director, Accounting; and other members of the Finance and Accounting departments within the organization to assist with streamlining financial operations and maintaining normal accounting activities. This position will be based in our Monroe, NJ office and will have the flexibility to work remotely a few days a week.
**What You Do**
Possesses a well-rounded background in accounting including cost and inventory accounting, cost of sales. Can recognize trends, anticipate issues, and advise management.
Records, classifies and summarizes financial transactions and events in accordance with generally accepted accounting principles.
Possesses a keen understanding of accounting principles focusing on inventory, cost of sales and how they impact financial statements.
Reviews and analyzes inventory, cost of sales/PPB, etc.
Performs WIP job close-outs with title analysis to ensure actual costs are accurate and in line with estimates.
Prepares, understands and analyzes reserve for obsolescence each month and can communicate reserve requirements effectively to senior management.
Key participant in the month end closing process.
Prepares analysis, reconciliations of consigned inventory by consignee and journal entries.
Prepares data in an organized and systematic way to achieve maximum efficiency of workflow.
Participates in actively improving and supporting processes of accounting and financial reporting.
Develops methods of enhancing data integrity and improving data controls by assessing processes and making process improvements where necessary.
Assists with other assignments as needed.
**Knowledge & Experience**
4-year college degree in Accounting or Finance required.
Minimum of 5 years in a similar role required.
Proven experience in accounting for costing of inventory.
Prior experience with general ledger systems.
Proficiency in Microsoft Office.
Strong or expert Excel skills specifically: pivot tables, vlookups, and queries. Knowledge of SQL is a plus.
Strong organizational skills and ability to prioritize effectively.
Effective communication skills and strong interpersonal skills.
Strong time management skills and ability to adapt to changing needs.
Ability to work extended hours as needed.
Proven ability to work quickly in a fast paced, deadline driven environment.
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