Leidos

Inventory Accountant

Leidos

full-time

Posted on:

Location Type: Hybrid

Location: Reston • Alabama • Arizona • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $52,000 - $94,000 per year

About the role

  • Proactively assist with the accounting and monitoring of $300M of Leidos inventory held across dozens of domestic and international locations
  • Support the accounting close process, including preparing and recording of Inventory journal entries, performing analysis, and completion of Inventory account reconciliations
  • Collaborate with finance and operational stakeholders with the monthly accrual process, ensuring the accruals are sufficiently supported for audit purposes and properly recorded in the ledger
  • Respond timely and professionally to the inquiries from finance and other cross-functional teams
  • Preparation of Lower Cost Net Realizable Value (LCNRV) analysis
  • Review of Excess Inventory and Slow-Moving Inventory Analysis
  • Help review and participate in Inventory Counts
  • Support Management Test Counts and other Inventory oversight functions
  • Support ad hoc requests and projects within Operational Accounting and from other stakeholders, such as finance, internal audit, external audit, government compliance, etc.
  • Prepare periodic account reconciliations related to inventory accounts
  • Analyze, describe and evaluate certain key account balances and fluctuations
  • Support internal/external auditors and the Leidos Strategic Regulatory Compliance team on all inventory questions
  • Interface with corporate departments (e.g. FP&A, Corporate Consolidations, Technical Accounting, Intercompany Accounting, Lease Accounting, and Corporate Tax) as needed
  • Respond timely and professionally to all ad hoc inventory inquiries
  • Ensure compliance with relevant Leidos accounting policies, SOX, FAR and DCAA requirements
  • Training our customers and other Leidos teams on Inventory procedures, policy, and best practices
  • Monthly close process, including posting entries and closing the Inventory ledger
  • Escalate unresolved issues to direct supervisor
  • Participate in the identification and implementation of automation opportunities and process improvements, including Robotics Process Automation, to optimize the monthly close process and reduce manual efforts
  • Willingness to volunteer and seek out projects and challenges that will help our customers internally and externally, and also help mitigate risks to Leidos

Requirements

  • Bachelor's degree in Accounting and 2+ years of experience
  • Knowledgeable of basic accounting principles, specifically Generally Accepted Accounting Principles
  • Strong computer skills, including proficiency in Microsoft Excel and other Microsoft Office applications
  • Adaptable to a flexible work schedule to accommodate additional hours during surge periods to support the accounting close process
  • Self-motivated and willing to independently study concepts and policies with the goal of shortening the learning curve
  • Experience with accounting software (Costpoint preferred)
  • At least 3 years of relevant accounting experience
  • Knowledge of internal controls and basic audit procedures
  • Prior inventory experience and/or experience with Sarbanes-Oxley requirements preferred
  • Familiarity with report writing (sequel) or Power BI Dashboard Development including DAX
  • Experience maintaining database records
  • Financial reporting experience
  • Public accounting experience
  • Supervisory experience
Benefits
  • Health and Wellness programs
  • Income Protection
  • Paid Leave
  • Retirement
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
accounting principlesGenerally Accepted Accounting Principlesinventory journal entriesLower Cost Net Realizable Value analysisExcess Inventory analysisSlow-Moving Inventory analysisaccount reconciliationsfinancial reportinginternal controlsaudit procedures
Soft Skills
proactive assistancecollaborationtimely responseprofessional communicationself-motivatedadaptabilitywillingness to volunteerproblem-solvingtrainingprocess improvement
Certifications
Bachelor's degree in Accounting