Senior Cost Accountant
- Category: Accounting
- Country: United States
- Location:
Overview
Snapshot of What We're Looking For
WD-40 Company is in search of a curious, organized, and analytical Senior Cost Accountant that will be responsible for the valuation and accounting of inventory and Cost of Goods Sold (COGS), including transactions for materials, goods, and services through our 3rd party suppliers, as well as intercompany transactions.
This position will be based in our San Diego office, will report to the US Controller, and serve as a business partner to the Operations, Supply Chain, FP&A and Accounting teams.
If you enjoy digging into the details, have a passion for performing in-depth analysis, and are looking to join a company whose purpose is to create positive lasting memories in everything we do while enjoying one another and our work as much as possible along the way, please consider joining our tribe.
What You’ll Be Doing
What You'll Be Doing
Accounting for intercompany and inventory markup, and related transfer pricing support within the Americas, with complexity around foreign exchange and evolving international supply chain network.
Maintaining effective controls and reconciliations. Improving the company’s cost and inventory accounting processes leveraging the existing and future ERP systems. Providing input, support and guidance to other offices in the Americas on inventory and cost of goods sold accounting matters.
- Leading inventory and cost of goods accounting month-end processes, including journal entries and reconciliations.
- Monitoring and analyzing cost of goods variance accounts for accuracy and determines amounts to capitalize into inventory on a quarterly basis. Includes calculation of inventory turns to be used in quarterly capitalization entry.
- Accounting lead for all intercompany transactions within the Americas. Includes inventory markup accounting and tracking, as well as providing support in establishing and managing transfer pricing.
- Leading the analyses and recording of inventory accruals and adjustments, including provision for slow-movers and obsoletes.
- Reviewing and ensuring accuracy of all inventory balance sheet accounts and prepares monthly account reconciliations for all inventory balance sheet accounts
- Reviewing and ensuring accuracy of all product cost of goods sold accounts and partners with FP&A on analyzing variances to plan and to prior periods. Provides responses and supporting documentation for queries made by Finance or other parts of the business as it relates to inventory and cost of goods sold.
- Point of contact for supply chain and finance on complex or unusual sourcing arrangements and transactions, costing or inventory related items.
- Preparing monthly gross margin variance schedules for the U.S. and Latin America.
- Ensuring that quarterly inventory reconciliations at distribution centers are completed monthly/quarterly and that any variances are addressed and recorded as necessary.
- Reviews and reconciles transactions with third-party packagers, such as invoicing, collections and inventory reporting.
- Reviews/approves all contracts with third-party packagers and suppliers of raw materials to ensure that accounting is understood and planned for accordingly
What You’ll Bring To The Role
What You'll Bring to the Role
- 5+ years of progressive accounting experience in public products company with inventory and cost of goods sold focus and international operations.
- Must have broad GAAP knowledge, and general accounting and general ledger experience, including financial analysis and other accounts reconciliation and analysis.
- Transfer pricing experience desired
- Bachelor’s degree in Business or Accounting; Master’s degree in Accounting, desired
- CPA preferred (may not be currently active)
Our “Why”
At WD-40 Company we believe that purpose-driven, passionate people guided by our values create amazing outcomes. Our “why” is refreshingly simple - we exist to create positive lasting memories in everything we do. We solve problems. We make things work smoothly. We create opportunities. How we achieve our “why” is by cultivating a tribal culture through learning, teaching and living our values.
Since 1953, our formulation remains a secret. It is no secret that our passion for our people, culture, and brands is what distinguishes us. WD-40 Company has best-in-class products and we seek best-in-class talent.
Why You Should Apply
- If you believe in our “why” this is the place for you
- Over 93% employee engagement as of February 2019 global employee survey
- Publicly traded company headquartered in San Diego, California since 1953
- Voted Most Democratic Workplace and certified WorldBlu Freedom Centered Workplace
- Learning based culture that supports the growth and development of our team members
We’ve Got You Covered
Our competitive and comprehensive benefits package provide you and your family with extensive protection and security, along with quality, life-enhancing programs to include; profit sharing, annual cash incentive reward potential for everyone, tuition reimbursement, 401K matching, short day Fridays and much more!
Do You Align With Our Values?
Please, only consider employment with WD-40 Company if you feel as strongly about our values as we do: We live, breathe, and play by our values every day.
- We value doing the right thing.
- We value creating positive lasting memories in all our relationships.
- We value making it better than it is today.
- We value succeeding as a Tribe while excelling as individuals.
- We value owning it and passionately acting on it.
- We value sustaining the WD-40 Company economy.
Apply Now
Thank you for considering WD-40 Company in your career search! #WD40TribalLife #PositiveLastingMemories