Accounting Consultant

The Accounting Manager with Inventory Management is a pivotal role responsible for overseeing both financial accounting functions and efficiently managing the company's inventory. This position involves a team of accountants, ensuring compliance with accounting standards, and implementing effective inventory management practices to support the overall financial health of the organization.

Others:

• Rate: $7 to $9 per hour
• HMO: After six months
• Work set-up: Hybrid
• Weekly workload: 20hrs/week

Qualifications:

• Bachelors degree in Accounting, Finance, or a related field; CPA designation preferred.
• Proven experience in accounting, with a minimum of 3 years in a supervisory role.
• In-depth knowledge of accounting principles, financial reporting, regulatory compliance, and inventory management.
• Strong analytical and problem-solving skills. Excellent communication and interpersonal abilities.
• Proficiency in accounting software, Google Suite, and experience with inventory management systems.
• Familiarity with Zoho systems is a plus.

Key Responsibilities:

Financial Reporting:

• Prepare and analyze monthly, quarterly, and annual financial statements.
• Ensure compliance with accounting standards and regulatory requirements.
• Provide accurate and timely financial information to internal and external stakeholders.

Inventory Management:

• Develop and implement inventory control policies and procedures.
• Monitor inventory levels and reconcile discrepancies.
• Collaborate with the operations team to optimize inventory turnover and minimize carrying costs.

Budgeting and Forecasting:

• Assist in the development of budgets and financial forecasts.
• Monitor and analyze budget variances, providing explanations and recommendations.
• Work closely with department heads to ensure budgetary compliance.

Internal Controls:

• Establish and maintain internal control procedures to safeguard company assets.
• Conduct periodic audits to ensure compliance with established controls.
• Identify and address any potential areas of financial risk.

Financial Analysis:

• Conduct financial analyses to support decision-making and strategic planning.
• Provide insights into financial trends, cost drivers, and areas for improvement.
• Collaborate with cross-functional teams to optimize financial performance.
• Tax Compliance:
• Coordinate with external tax advisors to ensure compliance with tax regulations.
• Prepare and submit required tax filings, including corporate income tax returns.
• Stay updated on changes in tax laws and regulations affecting the organization.

Process Improvement:

• Identify opportunities for process improvement and automation within the accounting function.
• Streamline financial processes to enhance efficiency and accuracy.
• Implement best practices to optimize the financial reporting cycle.
• Inventory Reporting:
• Generate regular reports on inventory levels, turnover, and valuation.
• Analyze inventory data to identify trends, potential issues, and cost-saving opportunities.
• Work closely with the supply chain and logistics teams to ensure accurate inventory data.