Inventory Cost Accountant

SanTan Brewing Company, Inc.

Apply for this Job

What you'll do:

  • Maintain Company inventory, production control and the processing of in-bound and out-bound production to facilitate the efficient operation of the organization.
  • Run the month end process for costs and ensure all deadlines are met.
  • Validate the cost of goods sold as part of the month-end close.
  • Create, review and monitor internal controls.
  • Provide guidance on cycle count schedule.
  • Work with warehouse staff to revolve count variances.
  • Participate in Bill of Material (BOM) set up, maintenance and review for manufactured items and prepare cost estimates for new products.
  • Update standard costs in the bill of materials.
  • Review standard and actual costs for inaccuracies.
  • Ensure that products are set up accurately in the accounting system and are categorized in the correct product line.
  • Provide guidance to the business of the coding structure and accounting processes.
  • Accumulate and apply overhead costs as required by generally accepted accounting principles.
  • Work with CFO to locate, dispose of, or establish reserves for obsolete inventory as needed.
  • Conduct ongoing process constraint analyses.
  • Report on margins by product and division.
  • Report on periodic variances and their causes, focusing in particular on spending variances.
  • Create cost accumulation guidelines and assist in implementation of Orchestrated Beer ERP system.
  • Provide commentary and analysis of costs against prior periods and latest forecast.
  • Understands and analyses product cost variance
  • Controls inventory including evaluation of product cost, bill or material accuracy, period physical inventory, etc.
  • Coordinates with Purchasing, Materials and Operations Management on issues of product cost.
  • Establishes standard overhead rates.
  • Establishes standards of control over material and finished goods movements.
  • Reviews balance sheet account, reconciles and prepares associated balance sheet notes.
  • Analyzes Profit & Loss variance and reviews detailed revenue and cost transactions. Conduct research and resolve all the inaccuracies in inventory through complete audits of the internal processes
  • Make necessary inventory and cycle count adjustments
  • Troubleshoot quantity discrepancies with operations team
  • Prepare reports, such as inventory balance, and shortages, and monthly reports for cycle count
  • Maintain complete/accurate inventory levels within the MRP system while developing management KPIs to highlight performance.
Apply for this Job