Cost Accountant, Inventory & COGS
$95,000–$105,000 year
HybridNew York, United States or Manhattan, New York, United States
Job Summary
Prepare, review, and post daily, weekly, and monthly COGS, inventory, freight, duty, tariff, and landed cost journal entries. Reconcile inventory subledger activity to the general ledger and maintain standard costs while analyzing purchase price variances. Compare estimated versus actual landed costs and investigate margin performance by SKU, vendor, category, and channel. Partner with operations, procurement, logistics, and merchandising teams to explain margin movement, validate cost assumptions, and support pricing and sourcing decisions. Review warehouse adjustments, cycle count variances, and inventory aging to ensure month-end cutoff accuracy across WMS, OMS, and ERP systems. Prepare audit schedules and investigate unusual cost or inventory valuation issues. This hybrid role requires on-site presence in the Manhattan office 3 to 4 days per week.
Required Qualifications
- Bachelor's degree in Accounting, Finance, Business, or a related field
- 2–5 years of experience in cost accounting, inventory accounting, retail, distribution, e-commerce, manufacturing, or a related environment
- Strong understanding of standard costing, landed cost, inventory valuation, variance analysis, cost-of-goods-sold accounting, and gross margin analysis
- Ability to analyze gross margin drivers across product cost, freight, duty, tariffs, markdowns, returns, damages, shrink, and inventory adjustments
- Knowledge of generally accepted accounting principles, financial controls, and month-end close procedures
- Advanced Microsoft Excel skills, including pivot tables, lookups, formulas, data validation, and analysis of large datasets
- Experience with ERP, WMS, OMS, or similar systems such as SAP, Oracle, Microsoft Dynamics, NetSuite, or comparable platforms
- Strong analytical, problem-solving, and attention-to-detail skills
- Ability to communicate cost and margin drivers clearly to finance and non-finance stakeholders
- Ability to manage deadlines and work effectively across accounting, logistics, procurement, merchandising, operations, and supply chain teams
- This is a hybrid role requiring on-site presence in our Manhattan office 3 to 4 days per week
Desired Qualifications
- Experience in retail, e-commerce, distribution, fulfillment, consumer goods, manufacturing, or import-heavy product environments
- Experience analyzing landed cost, freight, duty, tariffs, inventory adjustments, or SKU-level profitability
- Experience supporting month-end close, audit schedules, inventory reserves, or inventory reconciliations
- Familiarity with multi-system inventory environments involving ERP, WMS, OMS, or related platforms
- Strong continuous improvement mindset with the ability to identify process gaps, data issues, and opportunities to improve cost visibility
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