Shipcom · 5 months ago
Inventory Accountant
Greater Houston
Full-time
Hybrid
Mid, Senior Level
5+ years expShipcom is seeking a detail-oriented and compliance-focused Inventory Accountant with strong NetSuite expertise to support their government contracting operations. This role is crucial for ensuring inventory accuracy and cost compliance, while also preparing for audits and collaborating cross-functionally with various teams.
Computer Software
Responsibilities
Maintain and reconcile inventory transactions in NetSuite, including receipts, issues, transfers, adjustments, and assemblies
Ensure proper accounting for direct, indirect, and unallowable inventory-related costs in accordance with FAR 31.205
Reconcile the inventory subledger to the general ledger and project/job cost reports monthly
Track and report on government-furnished property (GFP) and contractor-acquired property (CAP) in accordance with DFARS 252.245-7002
Monitor and maintain inventory valuation (e.g., standard or average cost), supporting financial and job cost accuracy
Coordinate physical inventory counts and cycle counts; investigate variances and implement corrective actions
Collaborate with operations and procurement teams to ensure accurate material cost tracking and work-in-process (WIP) visibility
Support preparation of Incurred Cost Submissions (ICS), Schedule B, and other required reporting related to materials and inventory
Assist in responding to DCAA or DCMA audits with documentation of cost allocations, inventory controls, and reconciliation support
Create and maintain NetSuite saved searches and reports to monitor inventory balances, turnover, and compliance metrics
Qualification
Required
Bachelor's degree in accounting, Finance, or a related field
Minimum 5 years of accounting experience in a government contracting or manufacturing environment
Hands-on experience with NetSuite ERP, specifically in the Inventory, Projects, and Cost Accounting modules
Strong understanding of FAR, DFARS, and CAS requirements applicable to material and inventory costs
Experience preparing audit support and/or cost schedules for DCAA or DCMA reviews
Proficient in Microsoft Excel (e.g., VLOOKUP, pivot tables, reconciliations)
Strong organizational skills, attention to detail, and ability to meet deadlines in a dynamic environment
Preferred
CPA, CPA candidate, or CGFM a plus
Familiarity with Incurred Cost Submissions (ICE Model) and Schedule B reporting
Experience with serialized inventory, WIP, and inventory valuation analysis
Working knowledge of internal controls over government property and inventory systems audits
Benefits
Medical, dental, vision
Generous PTO and flexible work arrangements
Company
Shipcom
Revolutionize your operations with Shipcom, a leader in AI-infused IoT solutions and supply chain management, with a strong focus on defense applications.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Abeezar Tyebji
Chief Executive Officer
Company data provided by crunchbase