Inventory Accounting Team Lead

1. The Assistant Manager / Deputy Manager Inventory Accounting will be responsible for performing the following tasks related to period close :

• Executing period close jobs / procedures in ERP such as standard cost rollup, period close, subledger accounting (SLA), purchasing, etc.
• Perform accounting edit checks & diagnostics to identify, analyze, and clear any errors that are preventing period close
• Reconcile inventory subledger and the walk to the ending value in the general ledger at the item-lot level
• Prepare and record capitalization & amortization adjustments for purchasing and manufacturing variances
• Perform monthly reserve analysis and adjustments
• Calculate monthly ASC 606 inventory derecognition adjustments

2. The Inventory Accounting Specialist is responsible for performing the following tasks outside of period close :

3. Responsible for actively supporting close acceleration initiatives that achieve and maintain a maximum 4-day close cycle.

4. Support the general accounting element of strategic business initiatives and transactions, including mergers and acquisitions and the related due diligence and integration activities, as needed.

5. Provide support for special projects on an as needed basis

Education and / or Experience