Inventory Accountant

Job Description

Job Description

We are looking for an Inventory Accountant to join our client in the Williamsport, PA area. In this role, you will help maintain accurate inventory valuation, support reliable financial reporting, and contribute to a smooth monthly close process. The position works closely with operational and supply chain partners to evaluate cost activity, address discrepancies, and strengthen financial accuracy across inventory-related processes.

Responsibilities:

• Support the monthly accounting close by preparing inventory-related journal entries, balance sheet reconciliations, and accrual calculations.

• Review cost activity across inventory accounts, identify unusual variances, and research the drivers behind pricing, scrap, and obsolescence impacts.

• Compare inventory subledger balances to the general ledger, investigate mismatches, and ensure issues are corrected promptly.

• Assist with cycle counts and full physical inventory activities, evaluate count results, and record necessary financial adjustments.

• Maintain and assess reserve balances for slow-moving, excess, and outdated stock to support proper valuation.

• Partner with teams in operations, purchasing, and manufacturing to improve the accuracy of inventory transactions and cost information.

• Help develop, refine, and document internal controls that support inventory accounting and costing compliance.

• Provide schedules, supporting records, and explanations for internal and external audit inquiries.

• Prepare reporting and analysis related to inventory value, cost of goods sold, and margin performance for management review.

• Bachelor’s degree in Accounting, Finance, or a related discipline.

• 2+ years of accounting experience, with preference for background in inventory accounting or cost accounting.

• Experience working with ERP systems and strong proficiency in Microsoft Excel.

• Demonstrated ability to analyze data, solve problems, and maintain a high level of accuracy.

• Comfortable managing priorities independently and meeting deadlines in a fast-moving work environment.