job description
Join Velocity Made Good International (PH) Inc. as a Remote Inventory Accountant and work from the tropical paradise of Bali while gaining global exposure in a dynamic, fast-paced environment. This is a unique opportunity to combine your accounting expertise with the flexibility of remote work in a dayshift schedule, ensuring seamless collaboration with international teams.
As an Inventory Accountant, you will play a pivotal role in maintaining accurate financial records, analyzing inventory data, and ensuring compliance with global accounting standards. This position is ideal for detail-oriented professionals who thrive in a structured yet innovative setting and are passionate about delivering precise financial insights.
Enjoy the perfect work-life balance with the freedom to work from Bali while contributing to a globally recognized organization. Whether you're a seasoned accountant or looking to advance your career in inventory accounting, this role offers the growth, stability, and international exposure you’ve been seeking.
Responsibility
- Manage and reconcile inventory accounts, ensuring accuracy and compliance with GAAP and IFRS standards.
- Conduct monthly, quarterly, and annual inventory audits and cycle counts.
- Analyze inventory turnover, carrying costs, and obsolescence to provide actionable financial insights.
- Collaborate with cross-functional teams (procurement, logistics, finance) to streamline inventory processes.
- Prepare detailed financial reports and presentations for senior management and stakeholders.
- Monitor and resolve discrepancies in inventory records, investigating root causes and implementing corrective actions.
- Assist in budgeting and forecasting for inventory-related expenses and working capital requirements.
- Ensure timely and accurate month-end and year-end closing activities for inventory accounts.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent certification is a plus.
- Minimum 3 years of experience in inventory accounting, cost accounting, or financial reporting.
- Proficiency in ERP systems (e.g., SAP, Oracle, QuickBooks) and advanced Excel (pivot tables, VLOOKUP, macros).
- Strong understanding of inventory valuation methods (FIFO, LIFO, weighted average).
- Excellent analytical, problem-solving, and attention-to-detail skills.
- Ability to work independently in a remote setting while meeting tight deadlines.
- Familiarity with international accounting standards (IFRS, GAAP) is highly preferred.
- Effective communication skills in English, with the ability to liaise with global teams.