Inventory Specialist

Job description

The Inventory Specialist plays a key role within the accounting team by ensuring accurate tracking, reporting, and reconciliation of all inventory-related activities. This position supports financial accuracy, operational efficiency, and compliance by maintaining precise inventory records, analyzing variances, and collaborating with cross functional teams to resolve discrepancies. Environmental Health and Safety: Adhere to all local, state, OSHA, MSHA and environmental regulations as outlined in the Employee Safe Work Guidelines booklet, Safety Rules sign-off sheet and any/all information provided by the Company, steel mill, or customer. Responsibilities: The Inventory Specialist will: Daily and monthly review of produced and purchased inventory activities Maintain monthly FIFO inventory calculations of purchased inventory. Perform regular inventory reconciliations between drone observations and perpetual inventory. Reconcile inventory balances between operational systems and the general ledger. Investigate and resolve inventory discrepancies, variances, and adjustments. Prepare inventory-related journal entries and assist with month‑end close. Support cost accounting activities, i...