Senior Accountant of Inventory

Bio-Reference Laboratories, Inc.

Elmwood Park, New Jersey

Date Posted November 23, 2022
Industry Internal Audit
Specialty Not Specified
Job Status Not Specified
Salary Not Specified

Description:

The Senior Inventory Accountant will report to the Senior Manager of Inventory and be responsible for monthly inventory financial reporting as well as an integral participant in improving inventory-related processes. We are looking for a team member who is excited to work with cross-functional partners and add value to the organization.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

  • Oversee the administration of monthly physical inventory counts and analysis for multiple departments/locations.
  • Assist in monthly close process as it pertains to inventory transactions and creating journal entries as deemed necessary for inventory accounting maintenance.
  • Responsible for reconciling general ledger to subledger and variance analysis.
  • Work closely with internal teams to ensure that all inventory transactions flow through successfully, and that the accounting is consistent with system and financial reporting.
  • Partner with Materials Management, Warehouse, and Accounts Payable teams on streamlining shared processes, such as procurement to payment.
  • Prepare audit schedules and respond to audit inquiries.
  • Ensure timely, professional communication, escalation, and resolution of inventory movement transaction issues and requests from internal and external customers.
  • Ensure compliance with policy and procedures relating to all inventory matters.
  • Develop inventory reports and analyses, monitor inventory transactions (e.g.: Receiving, COS, Returns, Shrink), and investigate/resolve issues within the system.
  • Build and test key tools for system development, as well as review proposed changes and assess the impact to inventory processes; develop test scenarios and plans, as necessary.
  • Other duties as assigned.
Education and Experience:
  • Bachelor's degree in Accounting.
  • Minimum three (3) years of inventory accounting experience preferred.
  • Advanced Microsoft Excel skills (pivot tables, VLOOKUPs, formulas, etc.) and the ability to quickly manipulate and analyze large data sets and build reports.
  • Ability to communicate verbally and in writing at a professional level.
  • ERP system experience and systems savvy, highly preferred.
REQUIRED SKILLS AND ABILITIES:
  • Strong analytical skills, research capabilities, and overall business acumen required.
  • Possesses a continuous improvement mindset, with flexibility and ability to adapt to change.
  • Excellent problem solving skills and are driven by creating & implementing change and simplification.
  • Growth Mindset and the ability to work in an ever changing & demanding environment.
  • Advanced knowledge of financial and analytical concepts, practices, and procedures in a healthcare environment is preferred.
  • Highly organized with prioritization skills and the ability to meet tight deadlines.
BioReference is an Equal Opportunity Employer

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled