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Inventory Accountant

Company: Mulberry Talent Partners
Location: Beaverton
Posted on: January 11, 2022

Job Description:

Industry: Accounting & Finance

Mulberry Talent Partners: Administrative Services Division, has joined with our client, a manufacturing company located in Beaverton, OR to identify an Inventory Accountant. This is a hybrid, full-time, direct hire role. The first 90 days of this role will be 100% on site, then there may be a possibility for one or two days per week to work remotely. As the Inventory Accountant, you will tell the story of inventory movement through the financial statements. The ideal candidate will be a leader, take ownership + initiative, and will be someone who has created, refined, and implemented processes.

Your Role:
Provide effective analysis and understanding of COGS results, budget development, and variance reporting to senior management by developing insightful reporting that helps to understand current financial performance and set the future direction of the organization.
Prepare, reconcile, and analyze manufacturing orders weekly and monthly to ensure proper tracking of costs and timely closure for accurate reporting.
Partner with the Controller and senior management on a regular basis to review and understand raw materials, work in process, finished goods, and overhead cost drivers.
Prepare and present the excess and obsolescence report to Controller and senior management.
Identify workflow inefficiencies and propose solutions to streamline processes necessary to support our rapid growth and cost efficiency.
Responsible for supervising accuracy and setting up the standard cost for labor overhead and bill of materials, including material usage, material price, routings and time consumed.
Lead the process for cycle counts and timely adjustments to inventory as deviations rise.
Oversees all cost accounting and financial analysis reporting; monitors all relevant key performance indicators and reviews rate, volume, mix, efficiency, spending, and usage variances.
Assess performance trends and propose corrective measures in the case of deterioration related to KPIs and in support of continuous improvement initiatives.
Partner effectively with the Controller and senior management to develop and implement ongoing cost savings strategies, benchmarking, and incorporating new practices and manufacturing strategies.
Through process confirmation verify implementation and monitoring effectiveness of solutions.
Participate in worldwide sharing of best practices, including developing/documenting cost accounting policy and internal controls.
Assume overall responsibility for the accuracy of financial reporting of inventory.
Participate in the annual budget process working with the Controller and senior management, assisting as needed at various stages of the process
Develop and monitor processes and procedures to ensure internal financial controls are in place to safeguard the organization's assets
Contribute to our culture of being collaborative, respectful, accountable, reliable, transparent, ethical, efficient, high-achieving, and become a change agent.

You Bring:
This position requires excellent analytical and negotiation skills, experience in a manufacturing, cost accounting, and the ability to perform at high levels in a fast-paced, dynamic environment.

Technical competencies:
Bachelor's Degree in Accounting, Finance, or Economics.
Three to five years of relevant accounting experience as well as Inventory experience in a manufacturing company
Proficient in GAAP (Generally Accepted Accounting Principles).
Strong understanding of Cost Accounting Principles and methodologies related to product costing, bills of material, manufacturing routings and inventory control.
Full understanding of accounting systems and procedures
Planning, Budgeting and Cost Control methods and concepts
Preferred experience with Microsoft Dynamics Great Plains
Strong technical computer skills, including Microsoft Office) with advanced competency in Excel.

Non-Technical Competencies
Leadership (leading by example, setting pace, decisiveness, team development, ability to influence and positively reinforce quality work from colleagues/peers/partners)
People Development (assessment of others, feedback/coaching, communicating expectations)
Communication (verbal, written, and listening)

Salary Range: $85,000-$105,000 per year

Keywords: Mulberry Talent Partners, Beaverton , Inventory Accountant, Professions , Beaverton, Oregon

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