Inventory/Cost Accountant

Company: iLABS (Innovation Labs) Inc.
Location: Mahwah
Posted on: November 24, 2022

Job Description:

iLABS is an innovation-focused, full service, global beauty company with proven track record for award winning formulas and product development. The art and science of innovation is in our DNA. Through our worldwide network of talented chemists, scientists and creatives, we bring authentic innovation and cutting-edge technology to every product we design.
iLABS is hiring an Inventory Accountant / Cost Accountant to lead the accounting for Inventory function. This individual will also be a key member of the monthly close process and account reconciliations.
General Responsibilities

• Inventory Accounting (Review and post inventory entries for the month; Match Purchase Orders to Receivers to Invoices; Lead physical and cycle counts of inventory, and investigate discrepancies; Analyze and investigate variances from standard or plan; Prepare monthly warehouse inventory site analysis; Spearhead reconciliation of site reports to accounting system; Create Inventory Reserve Analysis for slow moving or obsolete items; Update changes to standard costs annually
• Assist in calculating manufacturing cost of goods sold
• Balance Sheet reconciliations for monthly close process
• Assist during the auditing process
• Ad hoc reporting and analysis of inventory balances and inventory discrepancies
• Perform other duties as needed
  Qualifications
  • Bachelor's Degree in Accounting
  • 8+ years related experience
  • Experience with accounting for inventory (standard costs; site to books reconciliation; year-end physical counts; etc.) for a manufacturing company is a MUST!
  • Experience in monthly closing process a MUST!
  • Highly proficient in Microsoft Office - Excel (VLOOKUP; Pivot Tables)
  • Contract manufacturing experience not necessary but a big plus
  • Team player eager to work in a dynamic work environmentEmployer-providedPay range in Mahwah, NJExact compensation may vary based on skills, experience, and location.
    Base salary$100,000/yr - $120,000/yrFeatured benefits
    • Medical insurance
    • Vision insurance
    • 401(k)
    • Dental insurance
      

Keywords: iLABS (Innovation Labs) Inc., Paterson , Inventory/Cost Accountant, Accounting, Auditing , Mahwah, New Jersey