Cost & Inventory Manager
1 month ago
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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