Advanced Inventory Accounting Specialist

JOB SUMMARY:

Under limited supervision, provides inventory accounting services to various DENSO locations across North America. Acts as a liaison to resolve outstanding issues. May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives. 

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Computes cost value of raw materials work in process and finished goods for inventory purposes. 
• Analyzes actual costs versus standard costs and prepares reports of variances. 
• Compiles cost data for preparation of operating budgets. 
• Prepares estimates of new or proposed product costs. 
• Prepared lower of cost or market calculation, landed cost calculation, margin analysis and other requested calculations. 
• Maintains ledgers and financial statements. 
• Prepares financial reporting for inventory area, as needed. 
• Monitors inventory adjustments. 
• Responsible for all inventory/cost related journal entries for month end close. 
• Responsible for reconciling all inventory/cost related GL accounts in a timely manner. 
• Analyzes PPV (purchase price variance) and IPV (invoice price variance) each month to ensure accuracy of standard costs and PO pricing. 
• Works with other departments to improve physical inventory taking, with support from higher level. 
• May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives. 
• Performs other duties as assigned. 

QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance or related field 
• 5-8 years of relevant experience with At least 2-5 years of that experience must be in inventory/cost accounting 
• Knowledge of GAAP/IFRS is required, along with an understanding of current accounting operational structure (financial close, gross profit, J SOX, etc.)

SKILLS AND ABILITIES:

• Strong written and verbal communication skills to discuss or transmit primarily factual information to internal and external customers in the normal course of performing duties 
• Strong analytical skills to investigate, interpret and reconcile information from several distinct sources in situations where conclusions or resolutions are discernible 
• Customer service skills to display a service-oriented attitude in addressing and responding to customer issues 
• Advanced understanding of accounting principles 
• Cross functional team member 
• Advanced process improvement (kaizen) mindset

BENEFITS SUMMARY: 

• Medical, Dental, Vision, Prescription Drug plans  
• 401K with 4% Company Match 
• Vacation/PTO and 13 paid Holidays 
• Bonus Program
• FSA/HSA and Dependent Care Programs 
• Company provided Life, Disability, ADD and Business Travel Insurance 
• Various No Cost Wellness & Chronic Condition Management Programs 
• Various Optional Insurance programs such as legal, identity theft, critical illness, etc. 
• Tuition Reimbursement  
• Career Development and Ongoing Training  
• Employee Assistance Program  
• Employee Spotlight and Recognition Program 
• Volunteer Opportunities  
• Onsite Fitness Center (vary by location) 
• Cafeteria and food markets (vary by location)  
• Onsite Health Clinic and Pharmacy (vary by location)

Annual Salary: $93,000 – $116,000