Senior Inventory Accountant
Durham, NC 
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Posted 1 month ago
Job Description

Position Summary:

The Senior Inventory Accountant role is primarily responsible for ensuring the accurate and complete accounting for and reporting of the company's inventory. The position is a part of corporate accounting team and will partner with Supply Chain, IT and other teams throughout the organization.

Responsibility:

  • Responsible for performing monthly inventory related general ledger closing procedures including preparation of journal entries, account analysis, balance sheet reconciliations and daily subledger reconciliation activities.

  • Analyze inventory detail reports for expired materials and maintenance of proper inventory reserves. Verification of appropriate inventory unit costs.

  • Support physical inventories and cycle counts. Verification and review of physical inventory results. Ensure supporting documentation is in compliance with company internal control documentation.

  • Collaborate with Supply Chain, IT, and other teams to identify, research, and resolve inventory discrepancies.

  • Prepare various ad hoc inventory related reports.

  • Participate in the design, development, and implementation of process improvements and internal controls.

  • Ensure compliance with internal controls, policies, and procedures.

  • Work directly with internal and external auditors to provide supporting documentation as requested.

  • Assist Accounting Team with special projects and ad-hoc reporting as requested.

  • Perform administrative general accounting tasks and special projects as assigned.

Position Requirements:

  • Bachelor's degree in accounting or related field.

  • Minimum 3 - 5 years of experience in accounting and finance, with at least 1-2 years of inventory accounting experience.

  • Experience in Biopharma and public accounting firm is a plus. CPA is preferred.

  • Strong understanding of inventory accounting principles. Experience in coordinating and supporting inventory count procedures, including analysis of inventory transactions.

  • Proficient with Microsoft Excel, including pivot tables, conditional formatting, and lookup functions.

  • Experience with and ERP system is required.

  • Experience with Great Plains, SAP or ASTRAC is a plus.

  • Excellent written and verbal communication skills along with the ability to maintain confidentiality over sensitive information.

  • Excellent organizational skills and attention to detail.

  • Ability to manage and analyze large sets of data.

  • Ability to work under tight deadlines in a changing environment and deliver results on timely manner.

Salary Range:$72,246 - $99,338

Salary range provided per current averages and expectations. The salary and job title for this opening will be based on the selected candidate's qualifications and experience and may be outside this range. KBI has a robust total rewards strategy which includes an annual bonus structure for all employees, medical, dental, and vision coverage, paid PTO and holidays, Sabbatical program, 401K matching with 100% vesting in 60 days and employee recognition programs.

KBI Biopharma is committed to providing a safe and healthy workplace. Any employee entering a KBI site located in the US must inform KBI Biopharma of their vaccination status and must submit their vaccination status. All vaccinated employees are required to provide proof of their COVID-19 vaccination, with a COVID-19 vaccination which has been granted FDA approval or Emergency Use Authorization.

KBI Biopharma, Inc. is an EEO/AA employer and actively seeks to diversify its work force. Therefore, all qualified applicants, regardless of race, color, national origin, religion, gender, gender identity, sexual orientation, age, disability or veteran status, are strongly encouraged to apply.

I understand that neither the completion of this application nor any other part of my consideration for employment establishes any obligation for KBI Biopharma, Inc. to hire me. If I am hired, I understand that either KBI Biopharma, Inc. or I can terminate my employment at any time and for any reason, with or without cause and without prior notice. I understand that no representative of KBI Biopharma, Inc. has the authority to make any assurance to the contrary.

I attest with my signature below that I have given to KBI Biopharma, Inc. true and complete information on this application. No requested information has been concealed. I authorize KBI Biopharma, Inc. to contact references provided for employment reference checks. If any information I have provided is untrue, or if I have concealed material information, I understand that this will constitute cause for the denial of employment or immediate dismissal.

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3 to 5 years
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