Senior Cost Accountant

Description

Scentsy is looking for aSenior Cost Accountantto ensure the accurate costing of inventory and overseeing proper handling of inventory transactions, including cycle counts and year-end physical inventories. This role supports the month-end close process, conducts variance analysis, and manages accounting for Excess and Obsolescence (E&O) reserves, while providing guidance to maintain accuracy and compliance in all inventory-related activities.

What You'll Do:

Perform monthly analysis of inventory and variance accounts to ensure all inventory related accounts are reconciled for accuracy and reasonableness on a monthly basis

Review, summarize, and report recommendations on inventory, E&O reserve, and gross margin

Develop and/or improve upon established policies and procedures to enhance inventory control efforts including the cycle counting process, scrap process, etc.

Become a business partner with Operations departments

Ensure the accurate and timely recording of inventory transactions

Prepare monthly journal entries and account reconciliations in an accurate and timely manner

Ensure physical inventories are scheduled and performed

Review cycle count results and validate effectiveness of the process and results

Prepare costed BOM's from the ERP system with the ability to drill into details and identify any inconsistencies with costs, including freight and duties where applicable

Assist with annual audits, domestic and international

Apply sound judgment based on accounting principles

Produce various schedules in conjunction with financial reporting on a daily, weekly, monthly, and annual basis

Review system processes from purchasing to receiving to invoicing to ensure inventory is properly accounted for

Maintain confidential and proprietary information

Perform all other assigned tasks and requirements as needed

We're Looking For:

Bachelor's degree in Finance or Accounting required

6+ years of finance/accounting experience required

3+ years of cost accounting experience preferred

SAP experience preferred

Experience in a multi-national company preferred

Certified Public Accountant (CPA) and/or Certified Management Accountant (CMA) preferred

Keen attention to detail

Skilled Excel user, able to create and maintain complex spreadsheets

Strong understanding of inventory cost calculations and methods, including Standard Cost, and FIFO / Periodic Unit Price

Strong understanding of inventory management controls and practices

Excellent data analysis skills

Excellent communication and interpersonal skills (verbal and written) with the ability to interact with all levels within the organization

Self-motivated with the ability to prioritize and work under deadlines

Commitment to excellence and high standards

Scentsy

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