GENERAL SUMMARY:  The Inventory Accounting Analyst is responsible for the oversight and accuracy of the inventory and fixed assets accounting of the corporation, including duties associated with the monthly financial close, maintaining a strong internal control environment and analysis of inventory costing and reserves. 

ESSENTIAL FUNCTIONS:

Ensure the timeliness, accuracy and completeness of month end close activities for inventory and related inventory reserves and COGS, and fixed assets, including journal entries, account reconciliations and roll-forwards in accordance with reporting deadlines. Manage COGS functions including inventory transactions, gross margin analytics and variances.Calculate and analyze global excess and obsolete inventory. Partner with the Operations and Commercial leaders to provide effective understanding and analysis of inventory and COGS actual results, budget development and variance reporting. Manage fixed asset accounting, including construction in progress, asset capitalization, depreciation and deployment. Complete global fixed asset rollforward. Analyze and record intercompany profit in inventory and instruments globally. Support international locations to ensure consistent inventory and fixed asset practices. Analysis and accounting for various prepaid expense accounts, including prepaid meetings, licenses and insurance.  Ensure practices are in place to prepare and maintain schedules and supporting documentation needed for management, internal and external reporting, external auditors and SOX requirements. Drive process improvement opportunities with a focus on continuous improvement.

SUPERVISORY RESPONSIBILITIES: This position does not have any direct reports.          

QUALIFICATIONS:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  (The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.) 

Adjust priorities and manage time wisely in a fast-paced environment.Maintain documents and records pertaining to finance.Communicate in a clear, concise, understandable manner, and listen attentively to others, and understand material.Leadership and team building skills.Problem solving skills required.

EDUCATION AND/OR EXPERIENCE:  Graduate from an accredited four-year college or university with a degree in Finance, Accounting, Business or related field. Master’s degree in Accounting or Finance and CPA is preferred. Seven or more years of progressively responsible related experience in finance, accounting, inventory or related field, with experience in the public sector. Or any equivalent combination of education, experience, and training that provides the required knowledge, skills, and abilities.

LANGUAGE SKILLS:  Work requires professional written and verbal communication and interpersonal skills.  

Mathematical Skills: Ability to perform various financial analyses.

Reasoning Ability: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.   Ability to deal with problems involving several concrete variables in standardized situations. 

Certificates, Licenses, Registrations:  Requires a valid driver’s license. 

Other Skills and Abilities:  Ability to motivate teams to produce quality product within tight timeframes and concurrently manage several projects. Ability to participate and facilitate group meetings.

physical demands: (The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.   Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.) 

While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle or feel.   The employee is frequently required to climb stairs, talk and hear.  The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.  The employee must occasionally lift and/or move up to 25 pounds.  

Work Environment:  (The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.) 

The noise level in the work environment is that found in a “normal office environment; noise levels during visits to other locations in the building may be moderate and occasionally loud.  The employee occasionally performs work related to travel. 

The above statement reflect the general details necessary to describe the principle functions of the occupation described and shall not be construed as a detailed description of all the work requirements that may be inherent in the occupation.