Inventory Accountant - Fashion
24 Seven Talent
Client Overview : Our client is a well-established company within the fashion and retail industry.
Role Overview: The Inventory Accountant will be responsible for overseeing inventory-related accounting activities, maintaining accurate financial records, and supporting the month-end close process. This individual will play an important role in inventory costing, valuation, reconciliations, and reporting while partnering with Finance, Operations, and IT to strengthen internal controls and improve processes.
Inventory Accountant Responsibilities:
- Oversee inventory accounting activities and ensure the accuracy of inventory transactions and financial records.
- Support the month-end close process, including inventory reconciliations, aging reports, variance analysis, reserve calculations, adjustments, and journal entries.
- Partner with Finance, Operations, and IT to investigate discrepancies, resolve system issues, and enhance reporting capabilities.
- Maintain and monitor standard costing in accordance with established accounting policies.
- Manage intercompany inventory costing and pricing.
- Assist with internal and external audits by preparing supporting documentation and financial schedules.
- Identify opportunities to improve inventory accounting procedures, reporting accuracy, and internal controls.
- Analyze inventory data and provide financial insights to support costing and valuation decisions.
Inventory Accountant Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field.
- 2+ years of experience in inventory accounting, cost accounting, or general accounting.
- Advanced proficiency in Microsoft Excel and experience working with ERP systems.
- Strong understanding of inventory accounting, costing, reconciliations, and financial reporting.
- Excellent analytical, organizational, and problem-solving skills.
- Strong written and verbal communication abilities.
- Ability to work collaboratively across multiple departments and manage competing priorities.
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