Inventory Accountant Vacancy at SodaStream: How to Apply

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SodaStream, the leading manufacturer of home carbonation systems, is currently seeking an experienced Inventory Accountant to join their Accounting Team. This role presents a unique opportunity to contribute to the company’s financial and operational success through meticulous inventory management, data analysis, and process optimization. If you have a passion for accounting, a keen eye for detail, and a drive to make a tangible impact, this could be the perfect career move for you.

As an Inventory Accountant at SodaStream, you will be responsible for ensuring the accuracy and integrity of the company’s inventory records, reconciling discrepancies, and providing valuable insights to support strategic decision-making. This position combines traditional accounting duties with the chance to participate in special projects focused on enhancing analytical capabilities and streamlining operational procedures.

Key Takeaways

  • SodaStream seeks an Inventory Accountant to join their Accounting Team
  • The role involves inventory management, data analysis, and process optimization
  • Candidates should have 2-4 years of related Accounting and Finance experience
  • Strong Excel proficiency and prior inventory accounting experience are preferred
  • Competitive salary and comprehensive benefits package offered

Overview of SodaStream’s Inventory Accountant Position

As a key member of SodaStream’s Accounting Team, the Inventory Accountant plays a pivotal role in the company’s financial operations. This position is responsible for supporting the monthly accounting close cycle and various other accounting duties, ensuring the accuracy and integrity of SodaStream’s inventory management.

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Role Significance in Company Operations

The Inventory Accountant’s responsibilities are crucial in maintaining SodaStream’s financial health and operational efficiency. By managing inventory records, reconciling discrepancies, and providing analytical insights, this role helps the company optimize its inventory management practices, ultimately contributing to cost savings and informed decision-making.

Department Structure and Reporting Lines

The Inventory Accountant position is part of SodaStream’s Accounting Department and collaborates closely with operational team members, such as Supply Chain and Logistics, to ensure seamless integration of financial and operational data. The Inventory Accountant reports directly to the Accounting Manager, who oversees the overall financial reporting and analysis for the company.

Work Environment and Culture

SodaStream prides itself on fostering a dynamic and collaborative work environment that values efficiency, analytical thinking, and continuous improvement. The company promotes equal employment opportunity and non-discrimination policies, creating an inclusive and supportive culture for all employees, including the Inventory Accountant.

Key ResponsibilitiesRequired Qualifications
  • Maintain accurate inventory records and reconcile discrepancies
  • Assist with the monthly accounting close process
  • Analyze inventory data and provide insights to management
  • Collaborate with operational teams to optimize inventory management
  • Ensure compliance with company policies and accounting standards
  • Bachelor’s degree in Accounting or Finance
  • 3-5 years of experience in inventory accounting or related field
  • Proficient in using accounting software and data analysis tools
  • Strong problem-solving and critical thinking skills
  • Excellent communication and collaboration abilities

Key Responsibilities and Duties

As an Inventory Accountant at SodaStream, your primary responsibilities will encompass a range of critical inventory accounting tasks, financial reporting, and intercompany transactions. You will play a pivotal role in managing the company’s intricate inventory operations, ensuring accurate financial records, and facilitating seamless international collaborations.

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Key duties and responsibilities include:

  • Handling intercompany transactions, such as invoicing products to SodaStream’s international subsidiaries, processing chargebacks, and confirming goods in transit.
  • Actively participating in the monthly close process, reconciling inventory accounts, and tracking rework and plant expenses.
  • Managing BOM (Bill of Materials) changes and supporting internal control processes to maintain the integrity of financial data.
  • Collaborating on special projects aimed at driving operational efficiencies and enhancing inventory accounting practices.

Your role as an Inventory Accountant at SodaStream will be crucial in ensuring the accuracy and reliability of the company’s financial reporting, supporting the overall success of the organization’s global operations.

RequirementDetails
ExperienceAt least 5 years of experience in managing key organized accounts in the Discount Retail Segment, with a strong track record of exceeding targets and expectations.
SkillsCommunication, negotiation, presentation, analytical, and financial competence. Fluency in English at minimum B2 level.
EducationBachelor’s degree in supply chain, operations, or a related field.
Technical ProficiencyIntermediate Excel proficiency, experience with ERP systems (preferably NetSuite), and skills in inventory management, production planning, and forecast variability analysis.
Industry ExperiencePreference for candidates with experience in the E-com CPG industry and working with retailers like Walmart, Target, and Amazon.

Your role as an Inventory Accountant at SodaStream will be crucial in ensuring the accuracy and reliability of the company’s inventory accounting tasks, financial reporting, and intercompany transactions. Your expertise and dedication will contribute to the overall success of the organization’s global operations.

Essential Qualifications and Skills for Job SodaStream

As a leading global sparkling water brand, SodaStream seeks candidates with a strong foundation in accounting qualifications and finance skills to join its dynamic team. To excel in the Inventory Accountant position, SodaStream requires a unique blend of educational credentials, technical proficiencies, and essential soft skills.

Educational Requirements

Candidates must possess a Bachelor’s degree in Accounting or Finance, with a minimum of 2-4 years of relevant experience in inventory accounting or a similar role. This educational background ensures a solid understanding of financial principles and the ability to navigate the complex world of inventory management.

Technical Proficiencies

In addition to their educational qualifications, SodaStream job requirements include proficiency in various technical skills. Candidates should demonstrate intermediate to advanced Excel skills, as well as experience with computerized accounting applications and, preferably, prior ERP system knowledge (e.g., Oracle, NetSuite, Cognos).

Soft Skills and Personal Attributes

Beyond technical expertise, SodaStream values candidates who possess excellent communication skills, problem-solving abilities, and a passion for continuous learning. Experience in inventory accounting is preferred, as it showcases a deep understanding of the unique challenges and best practices within this specialized field.

QualificationRequirement
Educational BackgroundBachelor’s Degree in Accounting or Finance
Relevant Experience2-4 years in inventory accounting or a similar role
Technical Proficiencies
  • Intermediate to advanced Excel skills
  • Experience with computerized accounting applications
  • Preferably, prior ERP system knowledge (e.g., Oracle, NetSuite, Cognos)
Soft Skills
  • Excellent communication skills
  • Strong problem-solving abilities
  • Passion for continuous learning

By aligning their accounting qualifications, finance skills, and SodaStream job requirements, candidates can position themselves as the ideal fit for this dynamic and rewarding Inventory Accountant role.

Accounting and Financial Responsibilities

As the Inventory Accountant at SodaStream, you will play a crucial role in the company’s financial reporting, inventory reconciliation, and cost accounting processes. Your primary responsibilities will include managing the cost inventory for new items, overseeing changes to the bill of materials (BOM), and executing yearly cost changes. You will also be responsible for reconciling inventory accounts and participating in physical inventory counts across the organization.

To ensure the integrity of SodaStream’s financial records, you will work closely with the finance team to help manage internal control processes. This will involve analyzing existing processes and collaborating with team members to build efficient, accurate financial reports. Your attention to detail and ability to plan and schedule multiple tasks concurrently will be essential in this role.

Key ResponsibilitiesRequired Qualifications
  • Cost inventory management for new items
  • BOM change management
  • Yearly cost change execution
  • Inventory account reconciliation
  • Participation in physical inventory counts
  • Internal control process management
  • Financial reporting and analysis
  1. At least 2 years of experience, preferably with a Big 4 firm
  2. Certified Public Accountant (CPA) certification
  3. Experience in industrial multinational corporations
  4. Proficiency in USGAAP financial statement and consolidated report preparation
  5. Excellent Excel skills
  6. Fluency in English

By effectively managing the financial reporting, inventory reconciliation, and cost accounting processes, you will play a vital role in ensuring the accuracy and transparency of SodaStream’s financial records. Your attention to detail and collaborative approach will be essential in streamlining the company’s financial operations and supporting its overall growth and success.

Benefits and Compensation Package

At SodaStream, we believe in rewarding our employees for their exceptional contributions. The company offers a competitive salary commensurate with experience and responsibilities, ensuring that our talent is recognized and valued. The comprehensive benefits package includes healthcare, dental, and vision coverage, as well as a range of voluntary benefits to meet the diverse needs of our workforce.

Healthcare and Insurance Coverage

SodaStream’s healthcare plan provides our employees and their dependents with robust medical, dental, and vision coverage. This includes access to a wide network of healthcare providers, prescription drug benefits, and preventive care services. Additionally, the company offers life insurance and disability coverage to provide financial protection in times of need.

Performance Bonuses and Merit Increases

SodaStream is committed to fostering a culture of excellence and innovation. As such, we offer annual performance-based bonuses to recognize and reward outstanding contributions. Employees also have the opportunity to earn merit-based increases, allowing for career growth and advancement within the organization.

Additional Perks and Benefits

Beyond the standard benefits, SodaStream provides our employees with a range of additional perks and benefits. These include generous paid time off, retirement savings plans with company match, learning and development opportunities, and comprehensive wellness programs. Our commitment to work-life balance is further demonstrated through flexible scheduling and remote work options, where applicable.

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