Inventory Accounting Manager

    Peet's Coffee & Tea
    1400 Park Ave, Emeryville, CA
    Full-time, Part-time

    Job Description

    Who We Are

    Reporting to the Director of Accounting, the Inventory Accounting Manager plans, organizes, directs, and controls inventory transaction processing operations. Uses a broad knowledge of accounting principles and procedures to account for inventory, oversee inventory related internal controls and project manage operating efficiency and control improvement initiatives.

    What You Will Do
    • Works with inventory staff, supply chain finance, plant and IT personnel to develop optimal flow of inventory data for cost accounting system.
    • Establishing, implementing and documenting new policies and procedures related to inventory.
    • Performs month-end accounting activities, including preparing, reviewing and analyzing all inventory related entries to the ledger and financial statements to provide accurate inventory valuation and reporting.
    • Trains, develops and manages the performance of 2 inventory staff providing ongoing training, feedback and timely performance and pay reviews.
    • Oversee the direct store delivery (DSD) inventory and implement best practices throughout the field.
    • Main point of contact for the Microsoft D365 ERP implementation for inventory.
    • Manages item setup and BOM cost changes in ERP. Also, work closely with Retail Operations and Procurement on item set up and maintenance.
    • Monitors manual and system purchase orders and receipts co-pack activity. Research and reconcile inventory discrepancies.
    • Manages annual standard costing process across all categories.
    • Performs monthly purchase price variance and inventory adjustment analysis; review the updated standard material costs for items with large purchase price variances.
    • Analyze quarterly inventory obsolescence and challenge provision for reserve. Make recommendation on provision balance required and process changes as necessary.
    • Perform count variance analysis for mid-year and year-end physical inventory (PI) and reconcile inventory and adjustment impact before and after PI.
    • Prepare monthly reconciliation of inventory sub-ledger to general ledger.
    • Prepares schedules and analysis required for external audit.
    • Ad hoc analysis related to inventory and COGS fluctuations.
    Who You Are
    • A minimum of 5-7 years' experience in accounting with hands-on supervisory experience with manufacturing and multi-site inventory operations.
    • Knowledge of enterprise resource planning systems. Experience with system integrations and development of automated processes.
    • Strong interpersonal and communication skills.
    • Excellent project management and leadership skills.
    • S. or B.A. required.
    • CPA or CMA preferred.
    Posting ID: 556729867Posted: 2020-05-01