Inventory & Cost Accounting Lead (Colombia)

Inventory & Cost Accounting Lead (Colombia)

06 nov
|
Design Thinking Solutions Group
|
Colombia

06 nov

Design Thinking Solutions Group

Colombia

Who We’re Looking ForYou understand inventory and cost accounting and can translate complex data into clear, actionable insights. You take ownership of your work, investigate discrepancies thoroughly, and keep close activities moving without compromising accuracy.

You are comfortable reviewing detailed accounting work, supporting team development, and working across departments to resolve issues. You also look for opportunities to simplify processes, improve data quality, and use technology effectively.

Key ResponsibilitiesInventory and Cost Accounting

- Lead inventory and COGS accounting activities across applicable locations, business units, and third-party partners.
- Ensure accurate inventory valuation in accordance with applicable accounting standards and company policies.
- Review cost components, including purchase costs, freight, duties, and other applicable landed costs.
- Evaluate inventory reserves, adjustments, and provisions for obsolete or slow-moving inventory.
- Analyze cost variances and inventory discrepancies, working with business partners to identify and resolve underlying issues.

Financial Close and Reporting
- Coordinate the monthly inventory and cost accounting close, ensuring accurate results and timely completion.
- Prepare or review journal entries, account reconciliations, and supporting schedules.
- Analyze changes in inventory balances, COGS, and gross margin.
- Provide clear explanations of key movements, risks, and accounting issues to Finance leadership.
- Support management reporting and other financial analysis as needed.

Internal Controls and Audit Support
- Maintain and improve controls over inventory transactions,



valuation, and reporting.
- Support physical inventory counts and cycle counts, including the review and resolution of differences.
- Prepare documentation and schedules for internal and external audits.
- Maintain clear records of accounting policies, procedures, and conclusions for complex transactions.
- Identify control gaps and collaborate with relevant teams on corrective actions.

Team Leadership and Collaboration
- Guide and support accounting team members involved in inventory and cost accounting.
- Coordinate workloads, establish priorities, and review work for accuracy and completeness.
- Provide coaching and encourage knowledge sharing and consistent accounting practices.
- Partner with Purchasing, Operations, Supply Chain, and Finance to resolve accounting issues and improve visibility into inventory activity.
- Communicate accounting requirements clearly to non-accounting stakeholders.

Process and Systems Improvement
- Identify opportunities to streamline workflows and reduce manual effort.
- Improve the accuracy and consistency of inventory data across accounting and operational systems.
- Support ERP enhancements, system integrations, and reporting improvements.




- Apply automation and other appropriate tools to strengthen reconciliations, reporting, and controls.
- Document processes to support consistency, scalability, and business continuity.

What You Bring
- Relevant experience in inventory accounting, cost accounting, or a related accounting function.
- Strong knowledge of inventory valuation, COGS, landed costs, reserves, and account reconciliations.
- Understanding of applicable accounting standards, such as US GAAP or IFRS, and relevant internal control requirements.
- Experience leading accounting activities, reviewing work, or mentoring team members.
- Hands-on experience with ERP systems and inventory management applications.
- Strong spreadsheet, analytical, and data reconciliation skills.
- Ability to investigate discrepancies, identify root causes, and recommend practical solutions.
- Clear communication skills and the ability to work effectively with cross-functional teams.
- A proactive approach to process improvement and problem-solving.
- Ability to manage competing priorities and meet deadlines while maintaining attention to detail.

Preferred Qualifications
- A degree in Accounting, Finance, or a related field.
- A relevant professional accounting certification.
- Experience in an inventory-intensive business, such as manufacturing, distribution, retail, or consumer products.
- Experience with multi-location inventory or third-party logistics providers.
- Familiarity with audit requirements and structured internal control environments.
- Experience with reporting tools, automation, or ERP implementation and optimization projects.

📌 Inventory & Cost Accounting Lead (Colombia)
🏢 Design Thinking Solutions Group
📍 Colombia

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