Inventory Accounting Analyst
$63.38k - $88kZT Systems
Inventory Accounting AnalystThe Inventory Accounting Analyst supports the integrity of the company's inventory financial data by assisting with the end-to-end accounting for inventory, cost of goods sold, and margin analysis. Execute day-to-day accounting tasks for a large division of the Company, ensuring that inventory transactions are recorded accurately and timely. Apply US GAAP standards to inventory valuation and assist in ensuring compliance across global operating territories.What You'll Do:Support the accounting, reporting, and analysis related to inventories, gross margins, and standard costs.Prepare monthly journal entries for inventory movements, accruals for inventory in transit, and the capitalization of freight and tariffs.Assist with the monthly financial close by performing preliminary inventory valuations and identifying potential reserves for slow-moving or obsolete stock under US GAAP.Review gross margin data and help investigate variances between budgeted and actual margins for management review.Prepare monthly reconciliations for inventory-related accounts across global operating territories to ensure balance sheet accuracy.Track and report on cost drivers that cause variances between standard and actual costs.Coordinate with Product and Sales teams to provide data necessary for maintaining accurate standard product costs.Generate and distribute reports that provide visibility into cost components like product, duty, and freight.Help document the Company's current end-to-end inventory processes and workflows.Support physical inventory counts and monthly cycle count programs by reviewing results and flagging variances for further investigation.Support the development and documentation of new SOX-compliant internal controls for the newly acquired division to ensure reporting integrity.Maintain documentation for inventory internal controls and gather requested information for internal and external auditors.Monitor listings of low-margin and slow-moving inventory to provide updates to relevant departments.Assist IT and the broader accounting team with user acceptance testing for ERP patches, fixes, or cost-related system issues.What You Bring:A Bachelor's degree in Accounting from an Accredited University is required and 2+years experience requiredMust have experience with Standard Cost Accounting.Essential application proficiency in: SAP and other systemsGood communication skills and someone capable of working on their own. Someone that pays a great deal of attention to detail.ZT Systems assesses market data to ensure a competitive compensation package is created for all our employees. The typical base salary for this position is expected to be between $63,375 and $88,000 per year. If hired, the final base salary will be determined on an individual basis taking into consideration experience, skills, knowledge, education and/or certifications.Base salary is just one component of ZT Systems total rewards philosophy. We take pride in offering a wide range of benefits and perks that appeal to the variety of needs across our diverse employee base. Other rewards may include bonus, paid time off, generous 401k match, tuition reimbursement, wellbeing resources, and more.We are dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this opportunity but your experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.About ZT SystemsAt ZT Systems, a Sanmina Company, you'll get to do work you are proud of alongside smart, passionate people. Every day, there are opportunities to collaborate with the best in the industry to design, build, and deliver impactful solutions to world-class customers. Along the way, you will gain hands-on experience in a fast-paced environment that's challenging, rewarding, and career-defining.A culture built around our values we work hard and think fast. We view challenges as opportunities—to do better, push harder, and be faster than we were the day before. When we fail, we learn from it and move on together. And when we succeed, we use the momentum to go even further. We create value with everything we do, building the foundation of today—and transforming the future of tomorrow.Join ZT Systems and help us build technology infrastructure that connects the world.What We Offer At ZT Systems, a Sanmina Company, we believe that investing in our people is key to our continued growth and innovation. When you join our team, you'll gain access to a comprehensive and inclusive benefits package designed to support your well-being, financial security, and professional development—both now and in the future.Compensation & Financial Security-Competitive base salary-Performance-based annual bonus eligibility-401(k) retirement savings plan-Tuition reimbursement for eligible education programsHealth & Wellness-Comprehensive medical, dental, and vision coverage with access to leading providers-Mental health resources and employee wellness support programs--Company-paid life and disability insuranceTime Away & Work-Life Balance-Paid time off (PTO) and company-paid holidays-Parental leave and family care support programsGrowth & Purpose-Structured training programs and on-the-job learning opportunities-Matching gifts and volunteer programs to support causes you care aboutThese benefits are available to eligible employees and are designed to grow with you as your career evolves. Full benefits and eligibility varies by work location. Learn more about our benefits here.ZT Group Int'l. is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. ZT Systems provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.Please be aware that certain positions may require the applicant to either 1) be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or 2) be eligible to obtain an export control license or license exception from the Bureau of Industry and Science & U.S. Department of Commerce. All offers of employment will be conditional subject to the foregoing.
$80k - $85k
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