Inventory Financial Analyst

2 weeks ago

New Orleans, Louisiana, United States KREWE Full time
Job Overview

KREWE, a distinguished high-fashion eyewear brand, is seeking a dedicated Cost Accountant to enhance our financial operations. Our company, rooted in the vibrant culture of New Orleans, has been crafting unique eyewear since 2013, earning recognition from top retailers and publications.

Position Summary:
The Cost Accountant will be integral to our financial management, focusing on cost analysis, inventory oversight, and financial reporting. This role demands a comprehensive understanding of cost accounting principles and a proven track record in inventory management, coupled with the ability to interpret complex data for strategic decision-making. The ideal candidate will demonstrate exceptional analytical capabilities, meticulous attention to detail, and the capacity to collaborate effectively across various departments.

Key Responsibilities:

  • Cost Analysis:
    • Conduct thorough cost assessments and generate detailed reports on production expenses, inventory levels, and cost of goods sold.
    • Establish and refine standard cost models to ensure precise product costing.
    • Perform regular variance analyses to compare actual costs against standards, providing insights into any discrepancies.
    • Assist in the monthly closing process by managing inventory and cost of goods sold entries.
  • Inventory Management:
    • Oversee inventory accounting processes, ensuring alignment between physical counts and system records.
    • Implement and uphold inventory control measures to guarantee data accuracy.
    • Evaluate periodic cycle counts and annual physical inventories to sustain inventory integrity.
    • Ensure compliance with major contract stipulations regarding manufacturing and logistics.
  • Financial Reporting:
    • Prepare comprehensive monthly, quarterly, and annual financial reports related to cost accounting and inventory.
    • Support the month-end and year-end closing processes by accurately recording inventory and cost transactions.
    • Assist in the preparation of financial statements and management reports.
  • Budgeting and Forecasting:
    • Contribute to the development of annual budgets and forecasts, providing in-depth analysis of cost and inventory data.
    • Monitor budget performance, offering variance analysis and recommendations for cost management.
  • Process Optimization:
    • Identify opportunities for cost reduction and operational efficiency enhancements.
    • Collaborate with operations, supply chain, and production teams to implement best practices in cost management and inventory oversight.
    • Enhance cost accounting systems, procedures, and controls.
  • Compliance and Auditing:
    • Ensure adherence to internal policies, accounting standards, and regulatory requirements.
    • Support internal and external audits by providing necessary documentation and explanations related to cost and inventory accounting.

Qualifications:

  • Education:
    • Bachelor's degree in Accounting, Finance, or a related discipline.
    • Professional certification (e.g., CPA, CMA) is preferred but not mandatory.
  • Experience:
    • 5-7 years of experience in cost accounting, ideally within the consumer products sector.
    • Demonstrated expertise in inventory control and management.
    • Strong proficiency with ERP systems (e.g., SAP, Oracle, Net Suite) and advanced Excel capabilities.
  • Skills:
    • In-depth knowledge of cost accounting principles and inventory management practices.
    • Exceptional analytical and problem-solving skills with a keen eye for detail.
    • Strong organizational and time management skills.
    • Effective communication and interpersonal abilities.
    • Capacity to work independently and lead projects.
    • Proficiency in accounting software and Microsoft Office Suite.

Benefits:

  • Competitive salary
  • Comprehensive health plans including medical, vision, and dental coverage
  • Life and supplemental insurance options
  • Flexible Spending Account (FSA) and Health Savings Account (HSA) programs
  • 401(K) retirement plan options
  • Support for adoption, Employee Assistance Program (EAP), and commuter benefits
  • Paid parental leave
  • Quarterly cultural spending allowance
  • Ongoing training and development opportunities
  • 10 paid holidays and accrued paid time off
  • Employee discounts on KREWE eyewear

Diversity and Inclusion:
KREWE is committed to fostering an inclusive workplace where all individuals can thrive. We are proud to provide equal employment opportunities to all employees and applicants without discrimination based on race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity, gender expression, veteran status, pregnancy, or any other protected characteristic as established by applicable law.

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