Senior Inventory/Cost Accountant

Join a group of groundbreaking leaders who are transforming railroads and revolutionizing the future of the industry!

Each day, our team utilizes their talents to advance innovation, radically changing how the rail industry is thinking and performing. At Wi-Tronix, we are inspiring and engineering the technology of tomorrow, today. We are continuously cultivating an exceptional team of professionals who share our passion of reimaging rail, with our core values of Customer Focused Outcomes, Excellence, Ownership, Innovation, Teamwork, & Make Things Happen at the forefront of everything we do. Our ideas keep an industry we are passionate about safe and on track. Syncing our core values with our mission and vision provide a clear line of sight of where we are headed. We would love to have you along for the ride.

PURPOSE OF POSITION

The Senior Inventory/Cost Accountant has primary responsibility for transaction-related activities of the accounting department. These responsibilities include the accuracy and maintenance of the transaction sub-ledgers, the general ledger, financial statements, and the accounting system. With a strong knowledge of inventory accounting, the Senior Accountant will be responsible for managing and maintaining the accuracy and completeness of the company's inventory records, verifying costs are captured appropriately for the items that we manufacture, overseeing the month-end close process related to operating expenses, and ensuring compliance with state and local sales and use tax requirements.

CORE FUNCTIONS

Inventory cost accounting (40%)

• Ownership of inventory accounting process, including the accurate recording of inventory transactions and valuation in accordance with GAAP and company policies.
• Understand average cost calculation Epicor methodology and trace/verify the average cost
• Analyze monthly results and research job cost variances, manufacturing variances, and purchase price variances
• Develop and implement inventory control procedures to ensure the accuracy and integrity of inventory data.
• Collaborate with internal and external auditors during audits and reviews Work closely with procurement, production, and logistics teams to ensure accurate and timely inventory data.
• Provide guidance and support to other departments on inventory-related matters.
• Participate in cross-functional projects to improve inventory management and reporting processes.

General accounting (40%)

• Accurate and timely processing of expense-related financial transactions including journal entries, accruals, and account reconciliation to facilitate month-end close.
• Maintain accurate accounting records and resolve discrepancies as they arise.
• Ensure accurate and timely recording of fixed asset additions, disposals, transfers, and adjustments.
• Calculate and record depreciation and amortization for all fixed assets, ensuring proper alignment with accounting standards
• Provide detailed analysis and commentary variances of monthly expenses vs budget/forecast
• Research accounting issues for compliance with GAAP
• Assist with annual financial audit, producing schedules and process narratives as requested
• Ad-hoc analysis as assigned

Tax Compliance (20%)

• Ensure sales and use tax returns are completed and filed correctly on a timely basis
• Address incoming tax notices and consult with an outside tax preparer
• Identify opportunities for process improvements and implement best practices

POSITION QUALIFICATIONS/REQUIREMENTS

• Bachelor’s Degree, Accounting major required.
• Certified Public Accountant (CPA), Certified Management Accountant (CMA), or MBA preferred.
• Minimum of 5 years of progressive inventory, and GL experience with a strong understanding of sales and use tax.
• Advanced knowledge of US GAAP, inventory valuation methods, and cost accounting principles.
• Experience in the application of complex accounting principles, ability to research and reach well-reasoned conclusions on technical accounting issues.
• Exceptional computer skills (Microsoft Office). Proficiency in ERP systems (preferably EPICOR) and advanced knowledge of Microsoft Excel.
• Excellent oral, written, listening, and presentation skills and ability to clearly articulate complex information to others.
• Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and influence key stakeholders.
• Ability to think strategically and drive process improvements to enhance efficiency and accuracy.
• Excellent analytical and problem-solving skills, with meticulous attention to detail.
• Proven ability to perform under deadlines, to adjust plans to meet changing needs and requirements.
• Self-starter, strong initiative, dependable, and capable of following through with minimal supervision. Must be an effective team player.
• Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities.
• Technology enthusiast demonstrated through work experience, hobbies, and/or education
• Agile Mindset – the ability to work in an iterative manner that allows for rapid prototyping, effective feedback loops, and the ability to meet aggressive timelines.

PHYSICAL DEMANDS AND WORKING CONDITIONS

Working conditions as found in a typical office location.

Hybrid work schedule – Tuesday, Wednesday, and Thursdays are in the office

Wi-Tronix offers a highly competitive compensation and benefits package including a choice of medical (with HSA), dental, and vision for employees and their eligible dependents. Company paid Life and AD&D, STD, LTD, and EAP. 401k Safe Harbor Plan, tuition reimbursement/continuing education, employee service awards and recognition.

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