Inventory Accountant
<div class="content-intro"><p>Gotion Inc. is based in Silicon Valley, CA, currently building a Manufacturing facility in Manteno, IL and has R&amp;D centers in Ohio, China, Japan and Europe. We innovate in the next generation electric vehicle and energy storage technologies (lithium batteries and related systems) with the aim to accelerate electrified transportation and achieve sustainable development. Gotion is powered by a leading power battery technology company that provides solutions for vehicles including the world's first mass commercial e-bus route.<br><br>Gotion is a career destination - we are not simply attempting to just fill another job, but to pursue a dream of global green energy together! We offer outstanding opportunities to individuals seeking an exciting and challenging working environment. Everyone is highly valued and plays a vital role in the growth of our organization.</p></div><p>&nbsp;</p> <div class="x_elementToProof"><strong data-olk-copy-source="MessageBody">Inventory Accountant</strong></div> <div class="x_elementToProof"><strong>Department:</strong> Finance<br><strong>Location:</strong> Chicago Area, Illinois<br><strong>Reports To:</strong> Accounting Manager / Finance Manager</div> <div class="x_elementToProof"><strong>Position Summary</strong></div> <div class="x_elementToProof">The Inventory Accountant is responsible for inventory accounting, reconciliation, cost analysis, and financial controls within a manufacturing environment. This position works closely with Finance, Supply Chain, Warehouse, Production, and Procurement teams to ensure inventory transactions are accurately recorded, inventory balances are properly reconciled, and financial reporting complies with company policies and applicable accounting standards.</div> <div class="x_elementToProof">Experience in manufacturing, automotive, lithium-ion battery, or other high-volume production environments is preferred.</div> <div class="x_elementToProof"><strong>Key Responsibilities</strong></div> <ol data-spread="true"> <li> <div class="x_elementToProof"><strong>Inventory Accounting &amp; Reconciliation</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Perform monthly inventory reconciliation between the ERP system, warehouse records, and the General Ledger.</div> </li> <li> <div class="x_elementToProof">Monitor and reconcile raw materials, work-in-process (WIP), finished goods, spare parts, and other inventory categories.</div> </li> <li> <div class="x_elementToProof">Investigate inventory discrepancies and coordinate corrective actions with Warehouse, Supply Chain, Production, and Finance teams.</div> </li> <li> <div class="x_elementToProof">Prepare and record inventory-related journal entries and account reconciliations.</div> </li> </ul> <li> <div class="x_elementToProof"><strong>Month-End Closing</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Support monthly, quarterly, and annual financial closing activities related to inventory and cost accounting.</div> </li> <li> <div class="x_elementToProof">Ensure inventory transactions are recorded accurately and within the appropriate accounting period.</div> </li> <li> <div class="x_elementToProof">Prepare inventory schedules, reconciliation reports, and supporting documentation for financial reporting.</div> </li> </ul> <li> <div class="x_elementToProof"><strong>Inventory Control</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Monitor inventory movements, adjustments, transfers, scrap, and write-offs.</div> </li> <li> <div class="x_elementToProof">Review inventory aging and identify slow-moving, obsolete, or excess inventory.</div> </li> <li> <div class="x_elementToProof">Support inventory reserve and obsolescence calculations.</div> </li> <li> <div class="x_elementToProof">Assist in strengthening internal controls related to inventory management.</div> </li> </ul> <li> <div class="x_elementToProof"><strong>Physical Inventory &amp; Cycle Counts</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Coordinate and participate in physical inventory counts and cycle-count programs.</div> </li> <li> <div class="x_elementToProof">Reconcile physical count results with ERP inventory balances.</div> </li> <li> <div class="x_elementToProof">Analyze count variances, identify root causes, and follow up on corrective actions.</div> </li> <li> <div class="x_elementToProof">Maintain supporting documentation for inventory adjustments.</div> </li> </ul> <li> <div class="x_elementToProof"><strong>Manufacturing Cost Support</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Assist with analysis of material consumption, production variances, scrap, and inventory-related manufacturing costs.</div> </li> <li> <div class="x_elementToProof">Review inventory valuation and standard/actual cost information as applicable.</div> </li> <li> <div class="x_elementToProof">Work with Cost Accounting and Operations teams to investigate unusual cost or usage variances.</div> </li> </ul> <li> <div class="x_elementToProof"><strong>Audit &amp; Compliance</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Prepare inventory-related documentation for internal and external audits.</div> </li> <li> <div class="x_elementToProof">Ensure inventory accounting activities comply with U.S. GAAP, company accounting policies, and internal control requirements.</div> </li> <li> <div class="x_elementToProof">Support SOX/internal control testing where applicable.</div> </li> </ul> <li> <div class="x_elementToProof"><strong>Cross-Functional Support</strong></div> </li> <ul data-spread="false"> <li> <div class="x_elementToProof">Partner with Warehouse, Procurement, Supply Chain, Production, IT, and other Finance functions to improve inventory accuracy.</div> </li> <li> <div class="x_elementToProof">Support ERP process improvements and inventory-related system testing.</div> </li> <li> <div class="x_elementToProof">Identify opportunities to improve inventory reporting, reconciliation, and control processes.</div> </li> </ul> </ol> <div class="x_elementToProof"><strong>Qualifications</strong></div> <ul data-spread="false"> <li> <div class="x_elementToProof">Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.</div> </li> <li> <div class="x_elementToProof">2–5 years of accounting experience; inventory accounting, cost accounting, or manufacturing accounting experience strongly preferred.</div> </li> <li> <div class="x_elementToProof">Experience working in a manufacturing environment is preferred.</div> </li> <li> <div class="x_elementToProof">Solid understanding of inventory accounting principles and General Ledger reconciliation.</div> </li> <li> <div class="x_elementToProof">Knowledge of U.S. GAAP and basic internal control requirements.</div> </li> <li> <div class="x_elementToProof">Experience with ERP systems such as SAP, Oracle, or similar manufacturing ERP systems preferred.</div> </li> <li> <div class="x_elementToProof">Strong Microsoft Excel skills, including PivotTables, XLOOKUP/VLOOKUP, and data analysis.</div> </li> <li> <div class="x_elementToProof">Strong analytical and problem-solving skills with high attention to detail.</div> </li> <li> <div class="x_elementToProof">Ability to work effectively across Finance, Warehouse, Supply Chain, and Production teams.</div> </li> <li> <div class="x_elementToProof">Strong written and verbal communication skills.</div> </li> </ul> <div class="x_elementToProof"><strong>Preferred Qualifications</strong></div> <ul data-spread="false"> <li> <div class="x_elementToProof">Experience in lithium-ion battery, automotive, EV, electronics, or high-volume manufacturing.</div> </li> <li> <div class="x_elementToProof">Experience with SAP inventory and manufacturing modules.</div> </li> <li> <div class="x_elementToProof">Familiarity with standard costing, BOM, WIP, material consumption, and manufacturing variance analysis.</div> </li> <li> <div class="x_elementToProof">CPA or CPA candidate is a plus.</div> </li> <li> <div class="x_elementToProof">Experience supporting annual physical inventory and external financial audits.</div> </li> </ul> <div class="x_elementToProof"><strong>Key Competencies</strong></div> <div class="x_elementToProof">Inventory Accounting | Inventory Reconciliation | Manufacturing Accounting | Cost Analysis | Month-End Closing | ERP/SAP | Internal Controls | Physical Inventory | Cycle Counts | Financial Reporting | Advanced Excel</div> <p>&nbsp;</p><div class="content-pay-transparency"><div class="pay-input"><div class="description"><p class="xmsonormal">Base pay is one part of our total compensation package at Gotion, and is determined within a range. This provides you with the opportunity to progress as you grow and advance your career at Gotion. The base pay range for this role is shown below, and will depend on your skills, qualifications, experiences, and location.</p></div><div class="title">Expected Pay Range</div><div class="pay-range"><span>$75,000</span><span class="divider">&mdash;</span><span>$85,000 USD</span></div></div></div><div class="content-conclusion"><p><em>Gotion Inc. is proud to be an equal opportunity employer. We are dedicated to fostering a diverse workforce that reflects the communities we serve, cultivating a culture of inclusion and belonging, and ensuring equal employment opportunities for all.</em></p> <p><em>We provide equal opportunity to all individuals regardless of race, creed, color, religion, gender, sexual orientation, gender identity or expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related conditions (including breastfeeding), parental status, criminal histories consistent with legal requirements, or any other characteristic protected by law.</em></p> <p><em>At Gotion Inc., we strive to create an environment where everyone feels valued, respected, and empowered to thrive.</em></p></div>
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