Senior Inventory and Cost Accountant

Reports To: Fixed Assets and Inventory Finance Manager

Location: The Woodlands, TX

Amount of

Travel Required:

Minimal

Work Schedule: M-F 8-5 Overtime as Needed

Positions Supervised: n/a

The Sr. Inventory and Cost Accountant is responsible for safeguarding the financial integrity, valuation, and cost management of Beusa's inventory lifecycle. This role bridges operational inventory control with comprehensive standard cost accounting from raw material receipts, active WIP tracking, and intercompany transfer pricing across affiliates, to final disposition via fixed asset capitalization, R&M consumption, or sales. Operating within Oracle Fusion, you will partner closely with Supply Chain and Operations to establish cost standards, analyze production variances, manage physical inventory, and ensure complete month-end financial accuracy.

The following duties and responsibilities are all essential job functions, as defined by the ADA, except for those that begin with the word "may."

• Standard Cost Maintenance:
  Lead the setup, maintenance, and annual roll of standard costs across items, routings, and bills of materials (BOMs) in Oracle Fusion.
• Variance Management:
  Perform monthly analysis of Purchase Price Variances (PPV), WIP material usage variances, yield efficiencies, and direct labor/overhead absorption; partner with Supply Chain, Operations, Receiving, Sourcing, and Item Master teams to validate reconciling items and resolve underlying transaction or master-data issues before close and articulate cost drivers clearly to leadership.
• Transfer Pricing & Margin Analysis:
  Monitor intercompany transfer pricing dynamics and affiliate product flows to ensure accurate cost markups, elimination entries, and profitability tracking.

• WIP & Work Order Governance:
  Track WIP balances and shop-floor progress; partner with Supply Chain to audit work order cost completeness, prevent aging, and execute timely work order closures for month-end close.
• Cost of Quality & Overhead Allocation:
  Track scrap, rework, and inventory "cost of quality"; review cost pools and allocation bases for accuracy against real-world operational throughput.
• Reconciliations & Roll-Forwards:
  Prepare comprehensive monthly inventory roll-forwards, valuation schedules, and detailed balance sheet account reconciliations.
• Excess & Obsolete (E&O) Reserves:
  Analyze inventory aging and slow-moving stock; establish and adjust inventory reserves in accordance with company policy to reflect net realizable value.
• Prepare and post month-end journal entries to correct inventory valuation, standard-cost variances, overhead allocations, reserve adjustments, intercompany markups, and affiliate eliminations.

• Count Ownership:
  Oversee perpetual cycle count programs and physical inventory audits across all warehouses to maintain strict data integrity and location accuracy.
• Partner with Supply Chain, Operations, Receiving, Sourcing, and Item Master teams to validate reconciling items and resolve underlying transaction or master-data issues before month-end close.
• Data Governance & Close Coordination:
  Collaborate with Sourcing and Item Master teams on item setup/cost attributes; partner with Receiving and Operations to ensure complete transaction posting prior to close.
• Audit Support:
  Serve as the primary point of contact for internal and external inventory and cost-accounting audit requests.
• Performs other related duties as assigned to assist with successful operations and business continuity.

• Must be legally authorized to work in the United States without the need for sponsorship.
• Must be at least 18 years of…