What are the responsibilities and job description for the Inventory Accountant position at Ornua Co-operative Limited?
Job Summary:
The Inventory Accountant provides support and data analytics to Warehouse, Production, and Commercial Groups. This individual will focus on maintaining accurate inventory and production data. The position’s responsibilities include providing findings and recommendations supporting accurate product costing standards used in valuing inventory and in pricing decisions directly impacting the Company’s margins and profits. This person will be directly involved in reviewing inventory adjustments for accuracy and in the final dispositions affecting KPIs used in incentive payment calculations for Warehouse and Production personnel.
This person will work independently with minimal supervision performing a variety of analyzing and reporting tasks. This role requires strong follow-through on information requested as well as strong communication, organizational, multi-tasking and interpersonal skills. This role requires a person with a positive attitude that is responsive to internal customers while working collectively with numerous internal departments.
Essential Duties and Responsibilities:
Daily entry of Work Orders into ERP System to record production activity in an accurate and timely manner
Provide notes and insights on the day’s production to explain good/poor variances
Understand product costing:
understanding manufacturing activities and associated costs
establishing and maintaining inventory costing standards and associated models
Enter daily inventory adjustments as required to maintain inventory balances
Keep track of and investigate large inventory variances/adjustments
Support inventory accuracy reviews and reporting
Support of inventory obsolescence reviews and reporting
Supporting warehouse group with physical and perpetual inventory counts
Assisting with resolution of inventory related system transactional issues
Reconcile Inventory & Production Subledgers to the General Ledger
Prepare monthly 3PL Warehouse reconciliation schedules comparing external, 3PL listings to the ERP Inventory Subledger listings, and support the Warehouse Group’s isolation and correction of all variances
Assisting with period end closes activities around inventory
Maintenance of inventory and production related master data along with the associated SOPs
Maintain internal control and process flow documentation, and ensure adherence
Assist in pulling transactional data for internal and external audits
Various production reporting and analysis
Ability to work extra hours during period and year end closing, also during audits as needed
Other duties as assigned based on business needs
Required Skills and Abilities:
Excellent team player able promote a cooperative work atmosphere across multiple locations
Time Management Skills with ability to multitask efficiently and independently with limited oversight
Must have strong Microsoft Excel skills with a strong attention to detail
Strong Verbal and Written Communication Skills
Excellent analytical and problem-solving skills
Flexible with schedule
Self-motivated and dependable with Excellent Attendance
Uphold Confidentiality of Sensitive Information
Education and Experience:
Associates or bachelor’s degree in accounting or finance required
Preferred 1 - 2 years of experience in an accounting role, preferably in a food manufacturing environment
Experience using Microsoft Office products, especially Excel
Power BI experience would be a plus
Experience using ERP Systems (Microsoft Dynamics) as it relates to inventory and production
Ornua Ingredients North America is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an Employment Visa at the time.
#LIIndirect
The Inventory Accountant provides support and data analytics to Warehouse, Production, and Commercial Groups. This individual will focus on maintaining accurate inventory and production data. The position’s responsibilities include providing findings and recommendations supporting accurate product costing standards used in valuing inventory and in pricing decisions directly impacting the Company’s margins and profits. This person will be directly involved in reviewing inventory adjustments for accuracy and in the final dispositions affecting KPIs used in incentive payment calculations for Warehouse and Production personnel.
This person will work independently with minimal supervision performing a variety of analyzing and reporting tasks. This role requires strong follow-through on information requested as well as strong communication, organizational, multi-tasking and interpersonal skills. This role requires a person with a positive attitude that is responsive to internal customers while working collectively with numerous internal departments.
Essential Duties and Responsibilities:
Daily entry of Work Orders into ERP System to record production activity in an accurate and timely manner
Provide notes and insights on the day’s production to explain good/poor variances
Understand product costing:
understanding manufacturing activities and associated costs
establishing and maintaining inventory costing standards and associated models
Enter daily inventory adjustments as required to maintain inventory balances
Keep track of and investigate large inventory variances/adjustments
Support inventory accuracy reviews and reporting
Support of inventory obsolescence reviews and reporting
Supporting warehouse group with physical and perpetual inventory counts
Assisting with resolution of inventory related system transactional issues
Reconcile Inventory & Production Subledgers to the General Ledger
Prepare monthly 3PL Warehouse reconciliation schedules comparing external, 3PL listings to the ERP Inventory Subledger listings, and support the Warehouse Group’s isolation and correction of all variances
Assisting with period end closes activities around inventory
Maintenance of inventory and production related master data along with the associated SOPs
Maintain internal control and process flow documentation, and ensure adherence
Assist in pulling transactional data for internal and external audits
Various production reporting and analysis
Ability to work extra hours during period and year end closing, also during audits as needed
Other duties as assigned based on business needs
Required Skills and Abilities:
Excellent team player able promote a cooperative work atmosphere across multiple locations
Time Management Skills with ability to multitask efficiently and independently with limited oversight
Must have strong Microsoft Excel skills with a strong attention to detail
Strong Verbal and Written Communication Skills
Excellent analytical and problem-solving skills
Flexible with schedule
Self-motivated and dependable with Excellent Attendance
Uphold Confidentiality of Sensitive Information
Education and Experience:
Associates or bachelor’s degree in accounting or finance required
Preferred 1 - 2 years of experience in an accounting role, preferably in a food manufacturing environment
Experience using Microsoft Office products, especially Excel
Power BI experience would be a plus
Experience using ERP Systems (Microsoft Dynamics) as it relates to inventory and production
Ornua Ingredients North America is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an Employment Visa at the time.
#LIIndirect
