Accountant

Job Purpose The Accountant is responsible for maintaining accurate product and manufacturing cost records, supporting inventory valuation, and preparing cost and variance analyses. This role reconciles financial and inventory transactions, investigates discrepancies, supports inventory cycle counts, and collaborates with cross-functional teams to improve processes while ensuring compliance with company policies and internal controls. Essential Functions and Basic Duties Cost Accounting, Inventory, and Financial Analysis Maintain and update standard costs for raw materials, labor, and overhead to support accurate product costing, inventory valuation, and financial reporting. Reconcile inventory records to the general ledger and prepare journal entries, accruals, and account reconciliations related to inventory, cost of goods sold (COGS), and manufacturing overhead. Coordinate inventory cycle counts and annual physical inventories, investigate variances, document findings, and work with Operations and Warehouse to resolve discrepancies and implement corrective actions. Prepare and analyze monthly cost variance reports, including material price, labor efficiency, and overhead variances, to identify trends, discrepancies, and opportunities for improvement. Support annual budgets and quarterly forecasts through cost analyses, allocation reviews, and profitability assessments of products, customers, and projects. Analyze gross margins, pricing, and cost drivers to identify opportunities for cost savings, improved profitability, and operational efficiency. Prepare financial schedules, analyze account fluctuations, and document significant variances to support financial statement reviews and month-end close activities. SAP Transactions and Operational Controls Review SAP transactions, inventory movements, shipments, packing lists, sales orders, receipts, transfers, and service purchase orders to ensure accuracy, completeness, and proper financial impact. Investigate transaction discrepancies, inventory variances, and master data errors; identify root causes, document findings, and coordinate necessary corrections. Partner with Operations, R&D, Engineering, Procurement, Warehouse, and other departments to research cost drivers, inventory activity, and operational discrepancies. Communicate identified issues, financial and operational impacts, and recommended corrective actions to appropriate stakeholders. Monitor recurring transaction errors and recommend improvements to SAP workflows, approval processes, reporting, and internal controls to prevent repeat issues. Maintain supporting documentation and provide timely updates on assigned analyses, investigations, corrective actions, and outstanding items. Revenue Recognition and Reconciliation Reconcile revenue transactions to supporting sales orders, shipment records, billing documents, and general ledger accounts to ensure accurate financial reporting. Review revenue transactions for accuracy, completeness, proper cut-off, and compliance with applicable GAAP requirements and company accounting policies. Investigate revenue discrepancies, shipment timing differences, credit memos, returns, and unusual transactions; coordinate resolutions with Sales, Operations, Customer Service, and Accounting. Prepare revenue reconciliations, supporting schedules, and analyses for management review, financial reporting, and audit support. Assist with revenue recognition reviews, audit requests, and documentation of accounting conclusions and identified risks. Identify and recommend improvements to shipment processing, billing, revenue reconciliation, and related internal controls. General Accounting and Department Support Cross-train with accounting team members to provide backup support, promote knowledge sharing, and maintain continuity of critical accounting functions. Assist with accounts payable and accounts receivable activities as needed, including invoice processing, payment support, cash applic…

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