: An Inventory Accountant is responsible for managing and reconciling inventory records, ensuring accurate financial reporting related to stock and materials. They track inventory movements, analyze variances, and collaborate with procurement and warehouse teams to maintain precise inventory valuations. Key duties include cost accounting, cycle count audits, and compliance with accounting standards (GAAP/IFRS). Strong analytical skills and proficiency in ERP systems (e.g., SAP, Oracle) are essential. Key Responsibilities:
Monitor and reconcile inventory levels and valuations.
Analyze cost variances and inventory discrepancies.
Prepare journal entries and month-end closing reports.
Conduct physical inventory audits and cycle counts.
Ensure compliance with accounting policies and tax regulations.
Assist in financial forecasting and budgeting related to inventory.
Skills Required:
Accounting/Finance degree or relevant certification (e.g., CPA, CMA).
Experience with inventory management and cost accounting.
Proficiency in Excel and ERP software.
Attention to detail and strong problem-solving skills.
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