Infinite Electronics, Inc. · 1 day ago
Senior Cost Accountant
Lewisville, TX
Full-time
Hybrid
Mid, Senior Level
$86K/yr - $99K/yr
3+ years expInfinite Electronics, Inc. is a company focused on ensuring accurate inventory valuation and regulatory compliance. The Senior Cost Accountant is responsible for coordinating ERP inventory cost components, overseeing inventory management, and preparing financial statements in accordance with U.S. GAAP.
Electronics
Responsibilities
Coordinates annual review/development and accuracy of all ERP inventory cost components, i.e., material, labor, overhead. Acts as ERP System cost lead and partner for manufacturing in support of continuity of data and reporting
Works with Operations to ensure accurate and complete inventory records; supervises the annual cycle count process supporting the annual audit
Reviews and reports on the ongoing cycle count results to ensure results meet an appropriate standard and that volume targets are achieved
Prepares journal entries and reports on inventory related balance sheet reserves and allowances, i.e., excess & obsolete, inter-company profit in stock, inventory in transit, and capitalization of inventory variances
Monitors inventory write offs and adjustment and advises on inventory valuation issues
Reviews current internal controls and procedures and provides recommendations for enhancements
Provides key oversight of inventory management including inventory turns analysis
Analyzes product costs and operating expenses with objective of achieving significant cost savings
Supports the preparation of timely and accurate monthly financial statements in accordance with U.S. GAAP
Validates cost of goods sold and labor & fixed overheads as part of the month-end close process
Retains an up-to-date record of balance sheet reconciliations and ensures that journal entries have proper support and approval. Provides monthly reconciliation of subledger inventory records to General Ledger
Provides reporting and analysis for all manufacturing activity including productivity, capital & department spending, absorption, sales, inventory and operations planning
Performs special cost studies/analysis and other projects as required by management
Works closely with the Tax Manager to ensure compliance and tax optimization, for example, in relation to property and sales & use taxes
Develops and maintains a Cost Accounting Manual incorporating appropriate policies & procedures
Works with the FP&A function in preparing the annual budget for inventory and cost related issues
Point of contact for the annual audit of the financial statements as it relates to inventory valuation. Goal is zero audit adjustments
Other ad hoc tasks as assigned
Qualification
Required
3-5 years in Cost Accounting
Proven track record of excellent analytical skills
Microsoft Office suite (Word, Excel, Outlook, etc.)
Bachelor's Degree in Accounting
Preferred
CMA and/or CPA Certification preferred
Company
Infinite Electronics, Inc.
At Infinite Electronics, we work to move the world forward by delivering reliable, engineered connectivity solutions worldwide through our portfolio of companies.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknown2021-03-02Acquired
Leadership Team
Alexander Arrieta
Chief People Officer
Recent News
2025-09-02
Company data provided by crunchbase