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2527 Accounting Internship jobs in Bloomingdale,IL

New, Posted 13 hours ago

Material Handler (1st Shift)

Redwood Logistics

Romeoville, IL 60446

No Experience

New, Posted 13 hours ago

Package Machine Attendant

Mondelez International

Naperville, IL 60540

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Senior Accountant (Inventory)

WORLDPAC

Oak Brook, IL 60523

$125,000/yr

~ 24 min OnsiteHealth InsurancePaid Time OffRetirement Benefit

Senior Inventory Accountant
Inventory transactions
Valuations
Reconciliations
GAAP
Reconciliation of inventory data between Oracle GL and IBS (AS400) systems
Oversee the inventory accounting process
Valuation of inventory
Management of costing methodologies (e.g., FIFO, LIFO, or weighted average)
Ensure inventory transactions (e.g., goods receipts, transfers, and adjustments) are properly recorded in both Oracle and IBS (AS400) systems
Reconcile inventory accounts during month-end close
Ensure proper documentation and analysis of any discrepancies
Manage and oversee the reconciliation process between IBS (AS400) and Oracle GL
Ensure that inventory data is accurately transferred between systems
Ensure proper cut-off procedures are followed to ensure that inventory transactions are recorded in the correct accounting period in both systems
Collaborate closely with supply chain and operations teams to ensure accurate inventory data tracking and reporting
Manage and analyze provisions for excess, obsolescence, and shrinkage
Continuously assess and improve inventory accounting processes
Drive automation initiatives within the inventory accounting process
Reduce manual effort, enhance accuracy, and streamline reporting across financial systems
Manage internal and external audit requests related to inventory accounting
Lead internal control audits focused on inventory accounting, ensuring compliance with Sarbanes-Oxley (SOX) regulations
Oversee the preparation and review of financial statements, ensuring that all inventory-related disclosures are accurate and comply with GAAP
Ensure proper presentation of inventory-related balances on the balance sheet and provide necessary inventory footnote disclosures
Collaborate with FP&A;, operations, and supply chain teams to ensure accurate inventory forecasting and reporting
Provide guidance and support on inventory accounting matters related to new projects, contracts, or product lines
Location Type: On-Site