Overview
This role involves managing the accuracy and integrity of inventory, purchasing, and supply chain-related financial transactions. The Inventory Accountant acts as the primary liaison between Accounting, Operations, and third-party logistics providers (3PLs), ensuring that inventory movements, receipts, invoices, and costs are accurately recorded and reconciled within the ERP system (NetSuite).
Responsibilities
- Reconcile inventory balances between the ERP system (NetSuite) and 3PL partners.
- Investigate and resolve discrepancies related to inventory, receiving, and costs.
- Support Accounts Payable by reviewing inventory-related invoices.
- Review purchase orders, receipts, and invoices to ensure accurate three-way matching.
- Ensure transactions and invoices are coded correctly to the appropriate business units and general ledger accounts.
- Prepare inventory and balance sheet reconciliations and assist with month-end close activities.
- Review and process inventory adjustments, write-offs, transfers, and cycle count variances.
- Support inventory valuation, landed cost allocations, and cost of goods sold reporting.
- Collaborate with Operations, Procurement, and warehouse teams to improve inventory accuracy and strengthen internal controls.
- Assist with audit requests and maintain supporting documentation for inventory-related transactions.
Requirements
- Bachelor's degree in Accounting or Finance.
- Minimum of 3 years of NetSuite accounting experience with inventory-related responsibilities.
- Strong understanding of inventory accounting principles and account reconciliations.
- Experience in consumer packaged goods (CPG), food & beverage, supplements, manufacturing, or distribution industries.
- Experience managing inventory across multiple warehouses or 3PL providers.
- Familiarity with cost accounting concepts and inventory valuation methodologies.
- Advanced skills in Microsoft Excel.
- Strong analytical and problem-solving abilities.
- Excellent organizational skills and attention to detail.
Location
(Not specified)