Inventory and Cost Accountant Sr. / O'Neal Steel Corporate - Birmingham, AL

O'Neal Steel is currently seeking a Inventory and Cost Accountant Sr. at our Corporate office in Birmingham, AL.

Responsible for reconciling inventory-related balance sheet accounts to the general ledger,analyzing item cost and work order variances, and identifying and resolving root causes of inventory cost errors. This role partners closely with other departments to ensure inventory valuation accuracy and supports FP&A with analysis of other income statement variances. Assists the Assistant Controller with month-end close and special projects as assigned.

Responsibilities Include but Are Not Limited To:

• Reconcile inventory accounts (cardex to on-hand, WIP, in-transit, and other inventory related accounts) to the general ledger monthly and record any necessary journal entries.


• Analyze work order and other manufacturing cost variances; investigate non-routine items causing item cost to be incorrect.


• Identify root causes of items with incorrect cost.


• Partner with other departments to provide training, implement process
  improvements, or correct item setup issues.


• Assist FP&A with analysis of income statement variances outside of inventory as needed.


• Prepare inventory borrowing base files monthly.


• Provide inventory-related reporting for use in monthly financial statements provided to the parent company.


• Provide support for internal and external auditors.


• Provide error-free work products to internal and external customers related to the output of this position.


• Conduct special projects as requested by the Assistant Controller.

Required Skills, Education and Experience:

• Proficient in Microsoft Suite, including Word and Outlook.


• Expert in Microsoft Excel including skills with vlookup, xlookup, and other more complex formulas.


• Strong analytical and problem-solving skills with the ability to research and identify root causes of variances.


• Effective communication skills; comfortable partnering cross-functionally.


• 10-key calculator skills.

Desired Skills, Education and Experience:

• 4-year bachelor's degree in Accounting, Finance, or related discipline.


• 4-7 years of related inventory/cost accounting experience


• JD Edwards EnterpriseOne Proficiency.

*Upon offer of employment, candidates must pass a criminal background check and drug test.

Benefits: O'Neal Steel offers a competitive salary and a comprehensive benefits package including, but not limited to:

• Health, Vision and Dental Insurance


• Work Site Wellness Programs


• Health and Dependent Care Flexible Spending Accounts


• Short-Term and Long-Term Disability Coverage


• Tuition and Health Club Reimbursement


• Accidental Death and Dismemberment and Life Insurance


• Adoption Assistance


• Training and Development Opportunities


• 401k 

About Us:  With over 100 years in business, O’Neal Steel, an O’Neal Industries affiliate, supplies a wide range of carbon and alloy steel, stainless steel, and aluminum products for companies nationwide. Founded in 1921 and headquartered in Birmingham, Alabama, O’Neal Steel has 19 strategically located distribution centers throughout the country that offer inventory and value-added processing capabilities tailored to market needs, all while providing high levels of customer service. O’Neal Steel’s industry-leading online platform, PRONTO®, provides continuous access to inventory, pricing, ordering, and account management.