Inventory Cost Accountant
EDI StaffingBella Vista, PA
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Overview
Remote
On-site
Job Description
Role Overview The Inventory Cost Accountant is responsible for managing and analyzing inventory costs, supporting accurate financial reporting, and participating in the month-end close process. This role ensures the integrity of inventory valuation, monitors cost variances, and partners with operations and supply chain teams to improve cost efficiency and internal controls. Responsibilities:
- Participate in month-end close activities, including preparation of journal entries, account reconciliations, and inventory-related accruals
- Monitor and investigate inventory variances (purchase price variance, scrap, and obsolescence)
- Reconcile inventory subledger to general ledger and resolve discrepancies in a timely manner
- Support physical inventory counts and cycle counts; analyze results and ensure proper adjustments are recorded
- Review and maintain inventory reserves (excess and obsolete inventory)
- Collaborate with operations, procurement, and production teams to ensure accurate cost data and inventory transactions
- Assist in the development and documentation of internal controls related to inventory and costing processes
- Support audit requests (internal and external) by providing documentation and explanations
- Prepare and analyze reports related to inventory valuation, cost of goods sold, and gross margin
- Bachelor's degree in Accounting, Finance, or related field
- About 5 years of accounting experience, preferably in inventory or cost accounting
- Strong understanding of inventory accounting principles and cost accounting methodologies (standard costing, FIFO, etc.)
- Experience with SAP ERP systems and advanced Excel skills
- Strong analytical and problem-solving skills with attention to detail
- Ability to work independently and meet deadlines in a fast-paced environment
- Effective communication skills and ability to collaborate across departments
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FAQs About Inventory Cost Accountant Jobs at EDI Staffing
What is the work location for this position at EDI Staffing?
This job at EDI Staffing is located in Bella Vista, PA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at EDI Staffing?
Employer has not shared pay details for this role.
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