Inventory Accountant

3 weeks ago

East Brunswick, United States Ascendo Resources Full time

Our esteemed client in East Brunswick, NJ, is seeking a highly skilled and experienced Senior Accountant to join their team. The ideal candidate will have 3+ years of experience in a senior accounting role with a strong background in financial accounting, general ledger maintenance, and process improvement. This position will primarily support inventory management, accounts payable processing, and treasury activities.


Key Responsibilities:

  • Maintain accurate records of inventory levels, including quantities, values, and locations.
  • Perform accounting transactions related to all inventory cycles, including transfers, receiving inventory, recording vendor invoices, landed costs, and adjustments.
  • Reconcile inventory-related GL accounts at month-end, including inventory in-transit, accrued purchases, and landed costs.
  • Prepare inventory-related financial reports, including reconciliation, valuation, and turnover analysis.
  • Lead audits for all inventory-related requests, including external audits and ABL facility reviews.
  • Analyze inventory data to identify trends, variances, and opportunities for improvement.
  • Process vendor invoices accurately and efficiently, ensuring proper coding, approval, and timely payment.
  • Oversee daily activities of the accounts payable support staff.
  • Reconcile vendor statements and resolve discrepancies in a timely manner.
  • Prepare and review accounts payable aging reports to ensure timely payments and maintain positive vendor relationships.
  • Perform monthly calculations of profit-sharing arrangements with vendors.
  • Manage employee travel and expense reimbursement platform (Concur).
  • Assist with month-end and year-end closing activities related to accounts payable and accrued expenses.
  • Organize and maintain tax information applicable to federal, state, and international filings.
  • Monitor cash flow forecasts and prepare weekly cash forecasts for Controller/CFO review.
  • Process ACH and wire payments in the general ledger.
  • Prepare and maintain ad hoc financial analysis as requested.
  • Work collaboratively with other departments to drive process improvements.
  • Provide indirect oversight and guidance to two support staff members located in India.
  • Ensure compliance with safety and cGMP standards, reporting unsafe conditions and near misses in a timely manner.


Additional Responsibilities:

  • May be required to work extended hours during fiscal year-end closing and other peak periods throughout the year.
  • Adhere to all company policies and procedures.
  • Perform other duties as assigned based on business needs.


Qualifications:

  • Education: Bachelor’s degree in Finance or Accounting.
  • Experience: 3+ years of relevant experience in a senior accounting role; experience in the pharmaceutical industry preferred.


Technical Skills:

  • Advanced knowledge of Excel, including pivot tables and VLOOKUPs.
  • Proficiency with SAP and Microsoft Dynamics – Great Plains preferred.
  • Strong financial accounting and general ledger skills.



Ascendo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

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