Apply on Employer Site

Oldcastle Infrastructure · 1 day ago

Inventory Accountant

Mansfield, TX

Full-time

Hybrid

Entry, Mid Level

$65K/yr - $110K/yr

2+ years exp

Oldcastle Infrastructure is a leading provider of utility infrastructure solutions for the water, energy, and communications markets throughout North America. The Inventory Accountant will manage the end-to-end accounting and controls process related to inventory movements, ensuring best practices in inventory management and documentation are maintained.

Building MaterialConstructionLogisticsProduct DesignProduct Search

Responsibilities

Coordinate the inventory cycle count cadences for raw materials, work in process, produced finished goods, and purchased finished goods for the plants within the areas/regions of responsibility

Partner with plant operations to perform cycle counts, reconcile counts to the general ledger balance, and post differences to the ledger. Partner with the Finance Business Partners to understand count deltas prior to posting larger variances

Manage the accounting related to excess and obsolete inventory, including calculating and maintain reserve rates, and partnering with operations teams to take action on slow or non-moving stock items

Coordinate the annual full physical inventory processes (Q4) for all plants within the areas/regions of responsibility, partnering with finance and accounting leads in each area to ensure coverage and support is provided

Partner with the FP&A and Finance Business Partnering teams to provide reports and updates related to key performance indicators (KPIs) regarding inventory

Actively participate in initial inventory set up for M&A locations, including initial balance, obsolete considerations, etc

Actively monitor and coordinate necessary inventory transactions related to specially produced inventory

Research, analyze, and reconcile intercompany inventory movements

Research, analyze, and resolve issues with inventory balances, movements, backflushing, etc

Prepare and submit Balance Sheet reconciliations related to all inventory accounts for the plants within the areas/regions of responsibility

Prepare and post adjusting journal entries related to inventory transactions for the plants within the areas/regions of responsibility

Review month-end balance sheet accounts and P&L variance accounts related to inventory to ensure accurate books and records are reporting for the period

Other Ad Hoc items, as needed

Qualification

Manufacturing finance experienceCost accounting experienceERP systemsBachelor's degreeCMACPASAP S/4 HanaAdvanced MS OfficeContinuous improvement mindsetIndependent subject matter expertMulti-plant implementationInfluencing skillsResults-oriented

Required

Bachelor's degree in Finance, Accounting, or related field

2+ years manufacturing finance and/or cost accounting experience required

Relevant work experience could be considered in lieu of a degree for the right candidate

Advanced MS Office

Travel – 10% or more may be required; 50%+ in Q4 to support full physical inventory requirements

Have a continuous improvement mindset, being able to identify process gaps and inefficiencies and take the lead to work with others to define and implement best practices within a network

Results-oriented to ensure delivery of appropriate products and services in accurate, complete, and timely fashion

Ability to act independently as a subject matter expert with limited supervision

Ability to implement ideas across a multi-plant environment

Ability to influence others without a direct reporting relationship