Inventory Cost Accountant

Company Overview  Delta Galil USA, Inc. is a global manufacturer and marketer of branded and private label apparel products for men, women and children. Since its inception in 1975, the company has continually endeavored to create products that follow a body-before-fabric philosophy, placing equal emphasis on comfort, aesthetics and quality. Delta Galil develops innovative seamless apparel, including bras, shapewear and socks; intimate apparel for women; underwear for men, including under its owned brands Schiesser, Eminence, Organic Basics and Athena; babywear, activewear, sleepwear and loungewear, including under its owned P.J. Salvage and Delta brands. Delta Galil also designs, develops, markets and sells branded denim and apparel under the brand 7 For All Mankind®, and ladies’ and kids’ apparel under the brand Splendid®. In addition, it sells its products under brand names licensed to the company, including adidas, Wolford, Wilson, Columbia, Tommy Hilfiger and others.Role OverviewThe Inventory Cost Accountant is responsible for managing and analyzing inventory costs, supporting accurate financial reporting, and participating in the month-end close process. This role ensures the integrity of inventory valuation, monitors cost variances, and partners with operations and supply chain teams to improve cost efficiency and internal controls.Responsibilities:Participate in month-end close activities, including preparation of journal entries, account reconciliations, and inventory-related accrualsMonitor and investigate inventory variances (purchase price variance, scrap, and obsolescence)Reconcile inventory subledger to general ledger and resolve discrepancies in a timely mannerSupport physical inventory counts and cycle counts; analyze results and ensure proper adjustments are recordedReview and maintain inventory reserves (excess and obsolete inventory)Collaborate with operations, procurement, and production teams to ensure accurate cost data and inventory transactionsAssist in the development and documentation of internal controls related to inventory and costing processesSupport audit requests (internal and external) by providing documentation and explanationsPrepare and analyze reports related to inventory valuation, cost of goods sold, and gross marginRequirements: Bachelor’s degree in Accounting, Finance, or related fieldMinimum 5 years of accounting experience, preferably in inventory or cost accountingStrong understanding of inventory accounting principles and cost accounting methodologies (standard costing, FIFO, etc.)Experience with SAP ERP systems and advanced Excel skillsStrong analytical and problem-solving skills with attention to detailAbility to work independently and meet deadlines in a fast-paced environmentEffective communication skills and ability to collaborate across departmentsThis a hybrid role, with 4 days in our Montoursville, PA office DIVERSITY VISION STATEMENT: We are committed to creating an inclusive environment that welcomes and values the differences among all of our associates, customers, suppliers, and the communities in which we live and conduct business. We are an equal employment opportunity for minorities, females, protected veterans, and the disabled. We are committed to providing equal opportunities in employment and treating our associates and applicants without discrimination based on their race, color, gender, age, national origin, religion, sexual orientation, gender identity or expression, marital status, citizenship, disability, protected veteran status, or any other legally protected factor. Company Benefits: As a Delta Galil Associate, you’ll be part of a global fashion company that values innovation, craftsmanship, and people. We’re committed to offering comprehensive and competitive benefits that reflect our culture of care, creativity, and collaboration — but most importantly, benefits that fit you.Our diverse range of programs is designed to support your total well-being — empowering you to make the best choices for yourself, your loved ones, and your lifestyle.Below are a few of the benefits available to our Associates:Multi-brand merchandise discount, including Splendid, 7 For All Mankind, and PJ SalvageComprehensive Health Coverage: Medical, Dental, and Vision Insurance, as well as Basic Life/Voluntary Life/Disability/Critical IllnessFinancial Wellness: 401(k) Retirement Program with Company match and 529 College Savings Plan, as well as Tax-Advantage Health & Transit AccountsPersonal and sick time off, vacation time, floating days, and company-observed holidaysPaid Volunteer Time Off to dedicate your skills and time towards charitable activitiesFrom weekly breakfasts and monthly milestone celebrations to leadership-led panels, and, team-building events, we offer plenty of fun ways to connect—both in person and virtually