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Job Description
Cost and Accounting Analyst
Somerset, PA
1 DAYS AGO
22660421
Summary
Somerset, PA
In-Person
Competitive Salary
3 Years Experience
Bachelor's degree
No Commission
40.00 hours per week / Day Shift / Full-Time
Description
DUTIES & RESPONSIBILITIES
(Responsibilities include, but are not limited to): Inventory & Cost Accounting Maintain and monitor inventory valuation under FIFO methodology, ensuring accurate cost layering and cost of goods sold
Reconcile inventory subledger to general ledger on a monthly basis
Analyze and validate purchase costs, landed costs, and freight-in allocations
Review and investigate inventory adjustments, write-offs, and obsolescence reserves
Support periodic cycle counts and physical inventory counts, including variance analysis Cost Analysis & Margin Insights Prepare and analyze gross margin reporting by product, customer, and channel
Identify drivers of margin variance including:
Purchase price changes
Freight and logistics costs
Vendor rebates and incentives
Perform variance analysis between actual and expected cost trends
Provide actionable insights on:
Pricing decisions
Inventory mix and turns Month-End Close & Reporting Support month-end close with:
Inventory journal entries
COGS adjustments and accruals
Inventory reserve analysis
Prepare monthly cost and inventory reporting packages for management
Assist in financial statement flux explanations related to inventory and margin Process & Controls Maintain and improve cost accounting processes, data integrity, and internal controls
Ensure proper classification of:
Inventory vs. expense
Freight and handling costs
Partner with IT/ERP teams to support inventory and costing system configuration
Assist with audit support (inventory, COGS, and controls) Cross-Functional Collaboration Work with supply chain and operations to:
Validate inventory movements and costing accuracy
Improve three-way match and purchasing data quality
Partner with FP&A to support:
Forecasting of gross margin and inventory levels
Support initiatives to improve:
Inventory turns
Working capital management
MINIMUM REQUIREMENTS
Bachelor's degree in Accounting, Finance, or related field
Or an additional 4 years of relevant work experience in lieu of a degree
3-5 years of experience in:
Cost accounting, inventory accounting, or distribution finance
Strong understanding of:
FIFO inventory accounting
GAAP inventory valuation
Experience with ERP systems (NetSuite, Infor M3, or similar preferred)
Advanced Excel skills (pivot tables, modeling, data analysis)
KEY COMPETENCIES
Strong analytical and problem-solving skills
High attention to detail and data integrity
Ability to explain cost drivers to non-finance partners
Process-oriented with a focus on controls and scalability
Comfortable working in a fast-paced, operationally driven environment
OTHER:
The selected applicant will be subject to a background check and drug testing. Wheeler Fleet Solutions is an Equal Opportunity/Affirmative Action Employer. We are committed to creating an inclusive workplace and do not discriminate on the basis of race, color, religion, gender, age, national origin, disability, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law. At Wheeler Fleet Solutions, we don't just hire employees—we invest in careers and champion well-being. Our people are the driving force behind our success, and we're dedicated to fostering an environment where you can thrive both personally and professionally. Here's how we support our team:
Time Off & Well-Being:
Generous Paid Time Off to recharge, plus an Employee Assistance Program for you and your family.
Family Support:
Paid Maternity Leave and Paid Bonding Leave to support growing families.
Education:
Tuition Reimbursement for undergraduate, technical, and graduate programs.
Financial Security:
A 401(k) plan to help you plan for the future.
Comprehensive Healthcare:
Medical, Dental, and Vision coverage to keep you healthy.
Flexibility:
HSA, FSA, and Dependent Care accounts for added financial options.
Peace of Mind:
Short- and Long-Term Disability insurance coverage.
Rewarding Careers:
Competitive salaries that reflect your skills, contributions, and expertise. Join Us. When you choose Wheeler Fleet Solutions, you're choosing a company that values you as much as your work. Together, we'll take your career to new heights while supporting your well-being every step of the way. Your future begins here. Apply today! Additional Details How To Identify Potential Job Scams
