Assistant Controller - Inventory Accounting

Assistant Controller - Inventory Accounting

As a leading manufacturing company, we are on the lookout for a dedicated and detail-oriented Assistant Controller specializing in Inventory Accounting. The chosen candidate will play a crucial role in supporting our finance department by ensuring accurate financial record-keeping, overseeing inventory transactions, and contributing to the efficient management of company assets. The role promises substantial opportunities for professional growth in a dynamic work environment, where every day brings new challenges and learning opportunities.

Salary: DOE per year

Essential Duties and Responsibilities:

• Assist in preparing comprehensive monthly financial statements and reports to help guide business decision-making.
• Monitor, verify, and reconcile inventory transactions to maintain accuracy in stock records and financial reports.
• Maintain the integrity of the cost accounting system and investigate any discrepancies found within financial records.
• Execute month-end journal entries and ensure the completeness of the closing tasks to maintain timely financial reporting.
• Perform detailed general ledger analysis and reconcile accounts on a regular basis to ensure accuracy.
• Manage inventory stock applications and transactions to ensure robust review mechanisms and reconciliation processes are in place.
• Support customer credit research and extension initiatives, ensuring compliance with financial policies.
• Prepare for and assist with the year-end audit, creating necessary schedules and liaising with both internal and external auditors.
• Calculate depreciation for capital projects, maintaining accurate records in the fixed asset management system.
• Offer backup support for Accounts Payable and Accounts Receivable when needed.
• Prepare monthly scrap invoices and generate various scrap reports annually and quarterly.

Minimum Position Qualifications:

• Bachelor's degree in Accounting or Finance.
• At least 3-5 years of proven experience in a similar role, particularly within an assistant controller capacity.
• Well-versed in cost accounting methodologies and principles.
• Prior experience within the manufacturing sector preferred but not required.

Preferred Qualifications:

• Professional certification (CPA or CMA) is a major advantage.
• Advanced knowledge in using financial software and systems related to inventory and cost accounting.

Skills:

• Strong analytical skills and attention to detail.
• Excellent problem-solving capabilities.
• Ability to communicate complex financial information in a clear and concise manner.
• Proficient in Microsoft Office Suite, especially Excel.
• Demonstrated ability to manage time and prioritize tasks effectively.

Benefits:

• Competitive salary package depending on experience.
• Health, dental, and vision insurance.
• Retirement plan options.
• Generous paid time off and holiday schedules.
• Opportunities for professional development and continuous learning.