iLocatum
Senior Inventory/Cost Accounting Analyst
Job Title: Senior Inventory/Cost Accounting Analyst – Remote Work Opportunity
Location: Minneapolis, MN
Salary: $80-90K
Key Responsibilities for the Senior Cost Accounting Analyst:
About the Role: In this role, you will be responsible for managing plant inventory, assisting with corporate accounting operations, analyzing standard costs, and ensuring compliance with internal controls.
Qualifications:
- Bachelor’s degree in Accounting or related field
- Minimum 3 years of accounting experience (GL, reporting, costing, public accounting)
Perform inventory valuations and calculate inventory reserves
Collaborate with Operations and Purchasing teams to establish standard costs
Calculate resin-related rebates, credits, and provide monthly usage analysis
Conduct cost-volume-profit (CVP) analysis
Perform inventory and account reconciliations
Recommend process and policy changes to reduce costs and maximize profit
Handle capitalized variance calculation and intercompany margin elimination
Manage annual physical inventory and develop cycle count process
Generate summaries of physical inventory adjustments
Review item master accuracy and ensure consistency in expected fields
Analyze pricing and margins for business review and planning
Monitor inventory transactions to identify errors and discrepancies
Assist with system integrations related to standard costs and materials management
Resolve inventory valuation and purchase price issues with cross-functional teams
Complete assigned month-end close tasks, including accruals and journal entries
Develop reporting on gross margin and inventory valuation accuracy
Support annual financial audits and internal control implementation
Collaborate in system enhancements and integration projects
Respond to internal and external stakeholders' inquiries and reporting requests
Maintain confidentiality and adhere to legal and company policies
Perform other duties as required to support business operations
Requirements for the Senior Cost Accounting Analyst:
- Bachelor’s degree in Accounting or related field
- Minimum 3 years of accounting experience (GL, reporting, costing, public accounting)
- Strong proficiency in Excel, Outlook, Word, PowerPoint, and ERP systems
- Ability to thrive in a fast-paced and dynamic environment
- Excellent communication and interpersonal skills
- Advanced understanding of standard costs in a manufacturing setting
- Strong problem-solving and strategic thinking abilities
- Fluency in written and spoken English
Other Jobs
Ready to take
the next step?
Submit your resume and join a realm of unparalleled opportunities at iLocatum. We’re dedicated to connecting exceptional talent with impactful roles. Start your journey towards success by sharing your expertise with us.