Inventory Cost Accountant

Inventory Cost Accountant

We're seeking a detail-driven Inventory Cost Accountant to join our team and play a key role in ensuring the accuracy and integrity of our inventory and cost accounting processes. In this critical role, you'll support daily operations, month-end close, and annual audit activities while collaborating across departments to resolve issues, analyze variances, and maintain reliable financial data. If you thrive in a fast-paced environment, enjoy problem-solving, and bring strong analytical skills to your work, we'd love to hear from you.

This position is based in our Beverly, MA office on a hybrid schedule but we will consider remote candidates based on experience and fit.

Key Results Areas

Daily & On-Demand

• Review and process HBG warehouse feed batches, including issue research:
  • Inventory transfers
  • Inventory transactions (adjustments)
  • Purchasing receipts (standard, consignment, firm items, add landed cost)
  • Review, research, and correct general ledger activity.
  • Set up, review, and break down freight bills; provide line-item receipts to Accounts Payable.
  • Review, process, and receive drop shipments (including landed costs) and forward documentation to AR:
  • Emails from Traffic
  • Validate drop ship spreadsheet for completeness
  • Ensure product costs are accurate.
  • Perform ad hoc reporting, research, adjustments, and corrections.

Weekly

• Review and process Lightning Source AOD invoice
• Create, enter, and receive purchase orders in GP for all AOD sale items
• Post daily sales batches impacted by AOD transactions
• Review and process unprocessed HBG transaction report
• Research and correct items rejected from HBG feed

Month-End

• Perform inventory variance analysis for non-consignment and consignment warehouses; recommend adjustments as needed.
• Reconcile purchase and freight clearing accounts to the general ledger.
• Create Negative Inventory batch, send to IT, and post correction batch.
• Prepare and invoice consignment billings throughout the month.
• Create consignment and eBook accrual spreadsheets.
• Prepare, create, enter, and receive POs; prepare and invoice POD billings throughout the month.

Year-End

• Assist Manager with annual audit for all inventory items:
• Prepare reports and reconciliations
• Pull test/sample items

Position Specifications

Minimum Skills, Knowledge & Abilities

Required

• Strong analytical and problem-solving skills.
• Ability to understand cross-functional impact of transactions.
• Highly detail-oriented with strong initiative; able to work independently and collaboratively.
• Effective verbal and written communication skills across all organizational levels.
• Ability to manage multiple priorities and deadlines.
• Strong interpersonal skills.

Education and Experience

Required

• Bachelor's degree in Finance or Accounting required.
• Minimum 3 years of experience as an Inventory or Cost Accountant.
• Experience with MS Dynamics GP preferred.
• Advanced MS Excel proficiency required.
• Experience analyzing cost-related data.
• Publishing industry experience a plus, but not required.

Quarto

US is an equal opportunity employer; M/F/D/V are encouraged to apply. Full-time employees are eligible for our comprehensive benefits program. Our range of benefits include, but are not limited to, Medical insurance, Dental, Vision, Health Care/Dependent Care Flexible Spending Account, Health Savings Account, Pre-Tax and Roth 401(k), Short and Long-Term Disability Insurance, Life/AD&D Insurance, Commuter Benefits & generous paid time off.

All applicants should be authorized to work in the United States. Quarto does not provide sponsor ships.