JOB SUMMARY: Responsible for the accurate and timely calculation of product and component standard costs as well as period-end inventory reports and related journal entries.
Requires a strong grasp of GAAP (Generally Accepted Accounting Principles) as they relate to non-GAAP standard cost systems and external reporting requirements.
Requires a good grasp of more complex manufacturing standard cost systems and attention to detail.
Requires frequent interaction with various levels of personnel in accounting and other departments of the company.Standard costs outside of the quarterly schedule as needed in such situations as bill of material changes, inventory acquisition method changes.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
Other duties may be assigned:Quarterly, in addition to month-end close, prepare impairment analysis of various inventory categories.
Prepare capitalization of freight and tariff spending associated with quarter-end inventory.
Incorporate Management Review into Excess Obsolete Inventory reserve program output to book reserve adjustment.Perform month-end close, including journal entries, reconciliation of perpetual inventory listing to GL inventory accounts.
Provide Finance department with detailed analysis of perpetual inventory valuation to collateral valuation.Ensure all QAD accounting data associated with item master parts conforms to MPA policy.
Includes item master parameters, standard costs, costing bills-of-material, site-specific set-up overrides, and routings.
Review and approve QAD item master additions/modifications.Maintain compliance with Internal Audit and Sarbanes-Oxley key controls.Submit recommendations for QAD improvements, reports, extracts, program errors.Respond to requests for cost data and analysis of labor and overhead spending that is capitalized into inventory valuation.Assist in the QAD activities portion of the annual multi-site physical inventory.Support the quarterly and annual external audits, including preparation and explanation of various PBC data requests.Education/Experience:A minimum of 5 years of experience as an Inventory or Cost Accountant.Bachelor's degree in finance or accounting required.Experience with GAAP (Generally Accepted Accounting Principles) as they relate to non-GAAP standard cost systems and external reporting requirements.Experience with ERP software (QAD Enterprise Edition preferred).Job Type: Full-timePay: $700,000.00 - $850,000.00 per yearWork Location: Hybrid remote in 22217, Tijuana, B.C.#J-18808-Ljbffr