Cost & Inventory Manager

1 month ago


Saint Louis, United States Robert Half Full time
Job DescriptionJob DescriptionWe are in search of a Cost & Inventory Manager to join our team in the retail industry in SAINT LOUIS, Missouri. The chosen candidate will be responsible for the comprehensive management of physical inventory accounting, assuring precision and adherence to SOX requirements. This role involves leading the inventory accounting team, carrying out regular physical inventory counts, and offering strategic insights to aid business decisions.

Responsibilities
• Oversee the daily operations of the inventory accounting team.
• Record inventory transactions accurately and promptly in line with GAAP.
• Formulate and execute inventory accounting policies and procedures.
• Carry out regular physical inventory counts and reconciliations.
• Investigate inventory discrepancies and execute corrective actions.
• Collaborate with diverse teams to enhance inventory management processes.
• Update and review Inventory Cycle counts on a monthly basis.
• Compile and review inventory reports on a monthly, quarterly, and annual basis.
• Ensure adherence to SOX requirements, including documentation and testing of internal controls.
• Assist with external audits by providing necessary documentation and explanations.
• Detect and implement process enhancements to boost efficiency and accuracy.
• Provide training and support to team members on inventory accounting practices and SOX compliance.• Proficiency in using Crystal Reports for data analysis and reporting
• Comprehensive knowledge of Accounting Functions and financial management
• Experience in Auditing with a focus on cost and inventory
• Familiarity with Annual Inventory procedures in a retail setting
• Proficiency in conducting Annual Physical Inventory and handling related documentation
• Experience in Asset Inventory management, including organization and optimization
• Understanding of Cycle Count procedures to maintain inventory accuracy
• Ability to Perform Cycle Count tasks regularly and in line with company protocols
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