Wesco Aircraft is a dynamic, global company looking for enthusiastic team members to support our vision: To generate value in everything we do every day as a highly engaged team delivering the best customer experience. We invest in our employees, providing outstanding opportunities for career progression and personal development. We invite you to explore a career with our Wesco Aircraft Finance Team.
SUMMARY
The Inventory Cost Accountant I is responsible for analyzing and accurately reporting the value of Wesco's inventory which includes raw materials, parts, work orders and tooling. This position requires continuous monitoring of physical inventory counts, investigating significant variances, ensuring the accuracy of month-end and year-end account balances, daily work order closures, maintaining compliance with accounting and internal control procedures; and providing timely reports to management.
DUTIES AND RESPONSIBILITIES:
•Work directly with the internal department representatives to discuss adjustments necessary to accurately state inventory balances
•Monitor General Ledger inventory accounts on a daily basis to ensure accuracy of all accounting transactions affecting inventory account balances; ensure all work orders are closed and posted to inventory accounts
•Compile data or gather relative reports (i.e., COGS, Inventory transaction reports, purchase orders and shipping receivers, returns and bills of ladings) necessary to conduct inventory cost variance research and analysis
•Compare, analyze and pull data to compare “value of units and units of measures used†to inventory reports to request adjustments, as needed
•Monitor and ensure daily physical and cycle counts are done in a timely fashion and report results to Management monthly
•Perform monthly inventory reconciliations between G/L and perpetual inventory balances
•Monitor intercompany variances and perform gross margin analysis and accurate costing of intercompany shipments, as necessary
•Maintain files for General Ledger inventory adjusting entry supportting documents in an organized manner
•Assist with compiling or locating data for external and internal auditors, as requested
•Continually pursue process improvements and offer recommendations to streamline and increase accuracy and efficiency in the areas of inventory data analysis, reporting and management
•Perform general administrative and/or accounting-related support duties as assigned or requested
Qualifications
REQUIREMENTS
•Bachelor’s degree in Accounting or Finance is preferred
•Minimum of 2 years accounting experience, preferably, with 1 year of inventory control experience preferred
•Strong inventory control and valuation knowledge within a product distribution industry- Aerospace industry is preferred
•Strong liaison and communication skills are required to interact with all levels of the Company
•Strong knowledge and experience with the use and data entry of large integrated accounting systems and Microsoft Excel, Word and Access software (intermediate level) is required
This position requires use of information which is subject to compliance with the International Traffic in Arms Regulations (ITAR). To conform to U.S. Government export regulations/ITAR, applicant must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State.
Wesco Aircraft is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
BENEFITS:
Wesco is proud to offer a broad range of benefits options. You can choose from a number of plans including medical, dental, vision, life and disability insurance and voluntary supplemental programs. All full-time employees are eligible for benefits coverage.
Wesco Aircraft is one of the world’s leading distributors and providers of comprehensive supply chain management services to the global aerospace industry, based on annual sales. Our services range from traditional distribution to the management of supplier relationships, quality assurance, kitting, just-in-time delivery, chemical management services, third-party logistics or fourth-party logistics and point-of-use inventory management. We offer one of the world’s broadest portfolios of aerospace products, including C-class hardware, chemical and electrical and comprised of more than 565,000 active stock-keeping units. Wesco Aircraft has more than 2,900 employees across 58 locations globally with net sales of $1.4 billion in 2017.
Email resume to: wescoaircareers@gmail.com
Employment Type:
Employee - Full Time
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