What are the responsibilities and job description for the Cost Accounting Manager position at Robert Half?
We are inviting applications for the position of a Inventory ,Cost Accounting Manager in our Textile Manufacturing unit located in Los Angeles, California. In this role, your principal function will be to manage all accounting, reporting, and analysis related to inventories, gross margins, and standard costs. You will be working closely with several departments including Product Development, Logistics, Sourcing, and Sales.Responsibilities:• Oversee the establishment of accurate standard costs for all product styles in collaboration with Product, Sourcing, and Logistics departments.• Liaise with Sales leadership and Category Managers to provide costing information on new and existing products to establish product pricing.• Monitor inventory balances continuously and report on inventory adjustments and cost of goods sold (COGS).• Prepare or oversee monthly journal entries related to inventory and COGS to record inventory movement, accruals for inventory in transit, and amortization of capitalized variances.• Ensure that inventories are properly valued and appropriately reserved under US GAAP, liabilities related to inventory purchases are properly stated, and gross margins are accurate.• Prepare or review monthly reconciliations for all inventory related accounts across all global operating territories.• Understand and document the company's current end-to-end inventory processes.• Act as the primary finance liaison in physical inventory counts, review monthly cycle count results, and investigate variances as needed.• Establish and maintain inventory and COGS related internal controls and assist in preparing inventory and COGS related information for both internal and external auditors.• Monitor low margin, slow-moving inventory, and provide related financial reporting to relevant departments.
Salary : $145,000 - $160,000
