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Manager of Inventory Financials
2 months ago
Inventory Accounting Supervisor
at 1-800 Contacts
Why This Role is Important
The primary function of this position is to manage and oversee the inventory accounting operations of the company. This includes generating comprehensive reports, maintaining a robust system of accounting records, and implementing a thorough set of controls aimed at minimizing risks, improving the accuracy of the company's financial reporting, and ensuring compliance with generally accepted accounting principles.
Key Responsibilities
- Supervise the inventory accounting processes, enhancing procedures and automation for optimal efficiency.
- Oversee the month-end closing activities related to inventory, addressing discrepancies through research and necessary adjustments.
- Collaborate closely with distribution centers to ensure accurate and timely execution of processes.
- Assess the cost of goods sold for accuracy and reasonableness.
- Take charge of the overall performance of the accounting department functions.
- Manage online banking operations, including wire and ACH transactions.
- Prepare regular financial reports and statements for management review.
- Assist in budget preparation and financial analysis, monitoring costs and expenditures.
- Support cash-flow analysis and forecasting efforts.
- Establish and maintain effective relationships with vendors and external accounting professionals.
- Ensure effective communication and coordination with company personnel and management.
Qualifications We Value
- In-depth knowledge of accounting principles, practices, and financial reporting.
- Experience with financial statement audits conducted by public accounting firms is preferred.
- Self-motivated and capable of working independently with minimal supervision.
- Proficient in relevant software applications.
- Strong skills in Excel for analytical and computational tasks.
- Excellent analytical and communication abilities.
- Capability to assist and guide team members.
- Detail-oriented and well-organized.
- Able to meet deadlines and manage multiple projects effectively.
- Bachelor's degree in accounting or a related field, or equivalent experience.
- Five or more years of accounting experience, including supervisory roles, or three years in public accounting is preferred.
Benefits
- Tuition reimbursement program.
- Complimentary eye exams for family members.
- Significant discounts on lenses, glasses, and other services.
- Comprehensive healthcare coverage.
- 401(k) matching program.
- Opportunities for exposure and training in various roles within the company.
- Additional perks include an in-house restaurant with discounted meals, free snacks and beverages, a fully equipped gym with classes, and personal training sessions.
- Engagement in numerous company events and activities.