Staff Accountant

Staff Accountant - Inventory is responsible for assisting the Inventory Control Manager in performance of all accounting responsibilities

Essential Functions:

• Monitor, analyze and reconcile GL activity and account balances
• Inventory database closing, review of monthly Inventory reports, monthly journal entries prepared, uploaded, sent to approver and posted
• Interact with the Maintenance department to ensure proper valuation and coding of inventory transactions
• Assists in the preparation and presentation of the quarterly Inventory Variance Analysis meeting
• Miscellaneous monthly reports, analysis of accounts, meetings, and special projects as assigned
• Meet monthly with FP&A analysts, Materials Management and Accounts Payable teams to review monthly inventory activity and account balances
• Speicial projects and additional tasks as assigned.

* Assist with the monthly financial closing process as it relates to inventory accounting
* PMI database closing, monthly PMI reports review, monthly journal entries prepared, uploaded, sent to approver, and posted.
* Valuation of monthly inventory, calculation of reserves, reconciliations of inventory accounts, roll-forwards of inventory accounts.
* Ensure monthly inventory variance analysis reports are prepared and reviewed timely
* Organize and prepare reports for monthly inventory variance analysis
* Communicate with the Material Management Departments
* Maintain PMI GL tables
* Process E-logs for PMI financial issues with Aerosoft.
* Assist in completion of external and internal audit
* Assist in the review of monthly balance sheet account reconciliations that are related to inventory accounting
* Ensure compliance with key internal controls
* Miscellaneous monthly reports, analysis of accounts, meetings, and special projects as assigned