Advanced Inventory Accounting Specialist
1 week ago
Senior Inventory Accountant
Location: Tyler, TX
Job Overview
The Senior Inventory Accountant plays a crucial role in the financial operations of Brookshires Grocery Company, focusing primarily on end-of-period accounting tasks. This position involves close collaboration with various departments to ensure accurate financial entries, budgeting, and comprehensive analysis. The ideal candidate will employ critical thinking skills to enhance departmental and organizational objectives.
Key Responsibilities
- Collaborate with the accounting team and other departments to meet financial goals.
- Gather and evaluate financial data to prepare journal entries for general ledger accounts.
- Document relevant business transactions meticulously.
- Deliver precise and timely financial reports on a monthly, quarterly, and annual basis.
- Work alongside retail, warehouse, and fuel divisions to maintain compliance with Generally Accepted Accounting Principles (GAAP).
- Analyze and provide recommendations on inventory accounting and cost of goods sold.
- Interpret profit and loss statements and assess the company's financial position for leadership.
- Assist in budgeting and forecasting activities across the organization.
- Ensure robust internal controls over accounting practices and financial systems.
- Propose enhancements for accounting operations, financial reporting, and controls.
- Support strategic planning initiatives for the department and specific responsibilities.
- Engage in the annual financial audit, ensuring compliance with deadlines.
- Participate in periodic physical inventory counts.
- Commit to continuous learning and apply new concepts to improve business operations.
Qualifications and Skills
- In-depth knowledge of GAAP, finance, and management accounting principles.
- Proficiency in financial software systems, including ERP and budgeting tools.
- Advanced skills in Microsoft Office Suite, particularly Excel, Access, Word, Outlook, and PowerPoint.
- Strong mathematical and accounting abilities.
- Capacity to comprehend and interpret complex information.
- Ability to prepare detailed reports and professional correspondence.
- Skill in researching information and drawing valid conclusions.
- Willingness to learn new technologies and processes.
- Strong problem-solving and reasoning skills.
- Effective communication skills, both written and verbal.
- Ability to present information clearly and concisely.
- Strong organizational and time management skills.
- Commitment to confidentiality regarding sensitive financial information.
- Flexibility to travel occasionally for business needs.
- Willingness to work varied schedules, including nights and weekends.
Education and Experience
A Bachelor's Degree in Business or Finance is required, along with four or more years of relevant experience, or an equivalent combination of education and experience. Certified Public Accountant (CPA) designation is preferred. Previous experience in the retail sector is advantageous.
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