Inventory Accountant
The Inventory Accountant is responsible for ensuring the accuracy, validity, and proper accounting treatment of all inventory transactions and balances. This role serves as the liaison between the Accounting Department and field operations, coordinating inventory controls, reconciliation processes, cycle count programs, and working collaboratively with branches to resolve inventory-related issues and drive proper inventory management practices across the organization.
Essential Duties and Responsibilities:
Reconcile monthly inventory general ledger balances to physical and system records
Monitor, validate, and approve inventory adjustments for accuracy and legitimacy
Calculate and analyze excess, slow-moving, and damaged inventory monthly
Coordinate and oversee cycle count programs across all branches
Develop and implement inventory control policies, processes, and procedures
Investigate inventory discrepancies and work with branches to resolve issues
Publish monthly inventory financial reports and communicate findings to management
Serve as primary point of contact for inventory-related issues at branch locations
Assist with physical inventories.
Qualifications:
Bachelor's Degree in Business, Accounting, or related field
Minimum of 4 years of relevant experience in accounting, with at least 2 years in inventory management
Experience with ERP systems and business intelligence tools
Inventory valuation experience with weighted average cost (WAC) methodology and cycle counting programs
Strong proficiency in Microsoft Excel and data analysis
Detail-oriented with high attention to accuracy
Strong analytical, problem-solving, and communication skills
Ability to work cross-functionally with operations, accounting, and branch personnel
Excellent organizational skills and ability to manage multiple priorities
In addition to the above responsibilities, this individual is held accountable for all other duties as assigned.
Work Schedule:
Hybrid Schedule, working 2 days minimum at the office/branch a week.
Physical Demands-Demand Frequency
Sedentary – Lifting 0-10 pounds Occasional
Light Lifting – 10-20 pounds Never
Moderate Lifting – 20 to 50 pounds Never
Heavy Lifting – 50 to 100 pounds Never
Pulling/Pushing, Carrying Never
Reaching or working above shoulder Never
Walking Occasional
Standing Occasional
Sitting Constant
Stooping Never
Kneeling Never
Repeated Bending Never
Climbing Never
Desk Work/Computer use/Telephone use Constant
Operating a motor vehicle Never
Operating a commercial vehicle Never
Operating warehouse equipment, forklift, baseloid lift etc Never
Other – Talk, Drive, visit customers etc. Occasional
EEO Statement
Watsco and its subsidiaries are an Equal Opportunity Employer and do not discriminate on the basis of age, color , race, religion, disability, sex, or national origin. We support a diverse and inclusive workplace where we employ, retain, terminate, and otherwise treat all employees and job applicants on the basis of merit, qualifications and competence.
The Inventory Accountant is responsible for ensuring the accuracy, validity, and proper accounting treatment of all inventory transactions and balances. This role serves as the liaison between the Accounting Department and field operations, coordinating inventory controls, reconciliation processes, cycle count programs, and working collaboratively with branches to resolve inventory-related issues and drive proper inventory management practices across the organization.