Cost Accountant (Purchasing Focus)
Verdego Aero Inc
Job Description
Job Description
Benefits:
- 401(k)
- 401(k) matching
- Competitive salary
- Dental insurance
- Employee discounts
- Health insurance
- Opportunity for advancement
- Paid time off
- Parental leave
- Stock options plan
- Training & development
- Tuition assistance
- Vision insurance
- Wellness resources
The Cost Accountant (Purchasing Focus) is an accounting‑driven role within the Finance Department, reporting directly to the Controller. This position applies cost‑accounting principles to VerdeGo’s procurement, inventory, and receiving activities, ensuring accurate financial records and strong internal controls. While purchasing is the primary day‑to‑day responsibility, the role is grounded in accounting discipline, validating costs, maintaining audit‑ready documentation, reconciling inventory transactions, and supporting month‑end close. The Purchasing Accountant partners closely with Engineering, Operations, and Finance to manage purchasing activities that support production needs while upholding financial accuracy and cost control. The ideal candidate brings an analytical mindset, strong attention to detail, and the ability to manage multiple priorities in a fast‑moving environment. Key Responsibilities: Accounting & Financial Reporting
- Record and reconcile purchasing and inventory transactions in the general ledger, ensuring compliance with accounting standards and internal policies.
- Support month-end and year-end close activities, including inventory valuation adjustments, cost of sold (COGS) analysis, and related journal entries.
- Collaborate with Finance and Accounting teams to prepare analyses, forecasts, and documentation for audits and financial reporting.
- Provide analytical support for cost control initiatives, including variance analysis and cost forecasting.
- Manage and support the full purchasing lifecycle, including purchase order (PO) creation, review, approval, and follow-up to ensure compliance with company policies.
- Evaluate supplier performance, negotiate pricing and terms when appropriate, and assist with vendor selection and onboarding.
- Coordinate with Engineers and Operations to understand material requirements, specifications, and delivery timelines.
- Prepare and analyze purchasing data, reports on spending trends, and supplier performance metrics to provide insights for continuous improvement.
- Partner with Operations and Engineering teams to coordinate receipt, inspection, and verification of incoming materials to ensure they match POs and engineering specifications.
- Maintain accurate and timely inventory records in ERP systems confirming the tracking receipts, put-away, and stock movements.
- Identify and investigate receiving discrepancies (shortages, damages, incorrect deliveries) and work with suppliers and internal teams to resolve issues.
- Support physical inventory counts and cycle counts with Operations partners, analyze variances, and recommend corrective action.
- Monitor and track inventory levels including raw materials, work-in-process (WIP), and finished goods to support production planning and prevent shortages or excess stock
- Work closely with Engineering, Manufacturing, and Production to document inventory procedures, improve controls, and enhance data accuracy across systems.
- Prepare inventory metrics and reports for leadership review, identifying trends, issues, and opportunities for process improvement.
- Support physical inventory counts and cycle counts, analyze variances, and assist with corrective actions.
- Bachelor’s degree in Accounting, Finance, Business Administration, Supply Chain, or a related field; equivalent experience considered.
- 1–4 years of experience in purchasing, accounting, inventory management, or a similar operational finance role.
- Strong understanding of accounting principles (GAAP), inventory valuation, and purchasing processes.
- Proficiency with ERP/MRP systems and advanced Microsoft Excel skills.
- Strong analytical and problem‑solving skills, with the ability to interpret data, identify discrepancies, and support process improvements.
- Excellent organizational skills with the ability to manage multiple priorities in a fast‑paced environment.
- Strong communication and collaboration skills, with the ability to work effectively across departments.
- High attention to detail, accuracy, and follow‑through.
- Occasionally must be able to move equipment weighing up to 50 pounds
- This position will be included in the VerdeGo Stock Options Program
- Medical, dental, and vision insurance from start date
- Generous vacation and sick leave for newly hired employees
- Generous 401(k)plan that includes employer matching funds
- Birth, adoption, parental leave benefits
- Company Paid Life Insurance
- And more!
Vacancy posted 7 days ago
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