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Senior Accountant, Inventory Accounting

Soli Organic
UKRemotefull_timeVerifiedPosted 16 Sept 2024

About the role

Description

Come join our accounting team and get involved in the blending of technology, agriculture and sustainability at Soli Organic. We are passionate about leveraging the best of nature and applying the latest technology to ensure that our customers receive the freshest, healthiest, most affordable organic produce possible. 


Founded in 1989, Soli Organic was originally known as Shenandoah Growers, a name inspired by our start in Virginia’s Shenandoah Valley. Since then, Soli Organic has grown into the nation’s leading grower of fresh organic culinary herbs, providing sustainable, organic greens and produce to retailers coast to coast. And we are just getting started. 


The Inventory Accountant role is an individual willing and excited to grow their skills in an environment of rapid growth in this indoor agricultural space, learn and contribute to a dynamic team with locations across the US. A successful candidate will be a self-starter responsible for managing multiple priorities and meeting deadlines in a fast-paced time sensitive environment while maintaining transactional excellence and internal controls. They will be expected to expand and hone their own strong accounting skills while contributing to a strong team environment. 

 

ESSENTIAL FUNCTIONS: 

  • Perform and analyze cost accounting calculations for raw materials, WIP and finished goods 
  • Review bills of materials, and assist in set up of WIP jobs for accurate capture of costs into the ledger 
  • Determine cost of goods sold differentiating costs to be absorbed into inventory and recorded within inventory in accordance with GAAP versus costs to be expensed as incurred 
  • Research, analyze, and formally document accounting transactions to ensure adherence to reporting requirements and compliance with U.S. GAAP 
  • Specific area of focus on ASC topic 330 (Inventory).  The tracking, reconciliation/roll forward and reporting of the inventory levels and values of all warehouse locations (raw materials, WIP and finished goods) 
  • Communicate directly and often with our operations, supply chain and site leaders to assess inventory questions, accounting treatment and process 
  • Audit inventory movements and purchases of site level transactions in the ERP 
  • Assist in review of inventory purchases with the business to ensure proper accounting treatments 
  • Preparing memos and internal communication outlining the Company’s inventory asset position 
  • Assist in the preparation and review of quarterly and annual financial statement filings including footnotes and disclosures, drafting of financial statement schedules and completing GAAP checklists 
  • Support roll-out of new NetSuite warehouse management functionality to include companywide operational facilities. 
  • Support the Chief Accounting Officer (COA) and Accounting Manager in maintaining the Company’s financial reporting and policies 
  • Establish timelines and prioritization of monthly and quarterly individual deliverables to support monthly and quarterly close processes as well as financial reporting timelines 
  • Interface with internal and external auditors for quarterly reviews and annual audit 
  • Assist FP&A with budget versus actual analyses for WIP and COGS entries and inventory turnover 
  • Other duties as assigned 
  • Some travel within the US is required 
Requirements

 

REQUIRED EDUCATION & EXPERIENCE: 

Education:  

  • Bachelor’s Degree in Accounting/Business 
  • Inventory accounting ASC 330 in a manufacturing or growing facility 
  • Extensive reconciliation experience in a variety of accounting areas 

Experience: 3-5 years’ experience in an accounting role with proven advancement 

Language Fluency: English 

Technology: Excellent MS Excel skills, ERP experience, NetSuite preferred, reporting visualization tool and database experience required 


PREFERRED EXPERIENCE: 

Experience:  

  • 8-10 years’ experience in various progressively senior accounting roles 
  • Manufacturing, agriculture industry experience a plus 
  • Experience in applying various GAAP ASC standards 
  • Big 4 accounting firm experience and/or audit experience 

Technology: Experience in PowerBI, Power Query, NetSuite, Sage 100, other ERP experience 


  

About Soli Organic:

We believe that accessing organic, sustainable, flavorful foods provides an opportunity for people of all identities, backgrounds, and cultures to enjoy high quality produce. We celebrate all dimensions of diversity in the workplace equally and ensure that everyone feels

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Company

Soli Organic

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