Cost & Inventory Accountant
Product costs, inventory valuation and variances, prepared for review
The Cost & Inventory Accountant builds standard costs, values inventory, reconciles the perpetual inventory to the ledger and explains production and purchase-price variances. It drafts the inventory reserve analysis for slow-moving and obsolete stock.
The controller approves standard-cost changes, reserves and write-downs. The role prepares; it never posts an adjustment on its own.
AI drafts; a named person approves.
This seat is built and can be switched on for your business as a free evaluation. It is not for sale and has no price yet. Ask below; a person reviews every request and replies by email. Nothing is charged.
SARA is our AI assistant. Calls are recorded.
Morning: reconciles yesterday's receipts and shipments to the inventory sub-ledger. Midday: investigates a purchase-price variance spike on a key component. Afternoon: updates the slow-moving stock report. Month-end: drafts the inventory reserve and cost roll-forward for the controller.
- ·Maintain standard costs and bills of material costing
- ·Reconcile perpetual inventory to the general ledger
- ·Analyse purchase-price, labour and overhead variances
- ·Draft inventory reserve and write-down proposals
- ·Support cycle counts and physical inventory
- ●Inventory sub-ledger to GL reconciliation difference
- ●Variances explained by month-end
- ●Inventory accuracy from cycle counts
- ●Reserve analysis delivered by business day 5
- · Manufacturers
- · Distributors
- · Consumer-products brands
- · Restaurant groups