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Inventory Accounting Specialist
Ref No.: 16-12321
Location: Benicia, California
Position Summary:
Under the management of the Controller, the Inventory Accounting Specialist will be responsible for all inventory accounting functions. The Inventory Accounting Specialist's responsibilities include acting as a liaison between the Accounting Department, Inventory Control and Merchandising. In addition, this position is responsible for preparing monthly journal entries and other closing responsibilities in order to produce timely and accurate financial reports.
Primary Duties & Responsibilities:
  • Developing inventory analysis reports and analyzing variances.
  • Assisting in the improvement of internal controls related to inventory.
  • Verifying accurate average costing.
  • Monitoring inventory transactions
  • Reconciling inventory accounts to the general ledger.
  • Monthly analysis of excess inventory, obsolescence, shortages and related freight costs.
  • Examine inventory accounting records, including financial statements and other financial reports to assess accuracy, completeness and conformance to standards defined within the department.
  • Preparing monthly journal entries as needed.
  • Document inventory accounting procedures and internal controls.
  • Supervise and manage the daily activities of the Vendor Returns Manager.
  • Perform such other accounting, financial, or administrative tasks as may be required from time to time – quite often on short notice - by the Controller

Skills & Abilities:
  • Collaboration Skills - Experience with and successful at cross functional role spanning.
  • Ethical Conduct – Act professionally, honestly and respectfully towards all internal and external clients.
  • Thoroughness – Ability to analyze accounting records to assess for accuracy, completeness and conformance to standards.
  • A Bachelor's degree in accounting, or a Bachelor's degree in business with emphasis in accounting, is required.
  • 4-6 years' experience in accounting is required.
  • Financial Management - You are highly skilled in dealing with financial and numeric data and have worked for a company with annual revenue of $100M to $400M.
  • Proven and well versed use of generally accepted accounting principles (US GAAP).
  • Advanced skills in use of Microsoft Excel a must as well as strong Word and other Microsoft Office skills.
  • Great written and verbal communication skills.
  • Exceptional work habits, including a willingness and ability to work the hours necessary to get the job done, especially when important deadlines cause greater than normal departmental pressures.
  • Retail Pro and SAGE 100 experience a plus.
Cycle Gear provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.
More Information About the Job
Are you open to sponsorship?
Are there flexible work hours?
Is there a possibility to work remote?
This position is:
New Position
Is there a bonus structure?
Is there equity?
Who does this position report to?
ype of exp they had HM is looking for>relatively new to the field 4-5year 2/3 job in accounting, grad got into a firm was there 2-3 years then went into another role. inventory piece is not important, accounting piece will be, inventory is a nice to have. good understanding of accounting. Have to be degreed for the role from a reputable college/university. , someone who is actively working , no candidates, manufacturing company accounting exp, Ex. Budweiser, JellyBelly.
Does this position have direct reports?
What are the 3-4 non-negotiable requirements on this position?
well versed in US GAP, Higher Education in Business or Accounting 4-6 years in Accounting experience
What are the nice-to-have skills?
Experience Age100, Advanced skills in Excel
What is exciting about this opportunity? Please use this section to describe team and company culture.
brand new role, ability to mold and create processes and streamline them, working with small group thats a family like culture, cool products, catered lunches sometimes, celebration of holidays, annual events for assiciates, holiday lunches