Inventory Accountant

Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Pharmacy, HealthcareIndustries

Requirements

Candidates should possess a Bachelor's degree in Accounting or a related field, with 5-7+ years of progressive accounting experience. A strong proficiency in US GAAP, experience managing high volumes of inventory data with numerous SKUs, and advanced skills in Excel and GSuite are essential. Experience with accounting software such as Sage Intacct, NetSuite, or Coupa is preferred, along with a CPA designation and experience in public accounting.

Responsibilities

The Inventory Accountant will prepare and record journal entries for complex transactions, prepare monthly account reconciliations, and generate weekly, monthly, and ad-hoc financial reports for senior leadership. Responsibilities include identifying opportunities to improve inventory processes and automation, collaborating with other teams for compliance, investigating GL inquiries, performing analytical procedures, analyzing financial statements for discrepancies, researching accounting issues for GAAP compliance, updating accounting procedures and controls, and assisting with audits.

Skills

Inventory Accounting

Cost Accounting

General Ledger Accounting

Journal Entries

Account Reconciliations

Financial Reporting

Process Improvement

Internal Controls

Automation

Alto Pharmacy

Digital pharmacy offering same-day medication delivery

About Alto Pharmacy

Alto Pharmacy operates as a digital pharmacy that delivers medications directly to customers' homes on the same day. This service is designed for individuals who may not have the time to visit a traditional pharmacy. Customers can use the Alto app to consult with pharmacists about their medications, addressing any concerns they may have regarding side effects or other issues. Additionally, Alto Pharmacy helps customers save money by actively searching for coupons and discounts to provide medications at lower prices. Unlike many traditional pharmacies, Alto focuses on convenience and customer care, making it easier for people to manage their prescriptions. The company's goal is to enhance the pharmacy experience by combining fast delivery, accessible pharmacist support, and cost-saving options.

San Francisco, CaliforniaHeadquarters

2015Year Founded

$664.4MTotal Funding

CONVERTIBLECompany Stage

HealthcareIndustries

501-1,000Employees

Benefits

Generous time off

Comprehensive medical, dental, & vision plans

401k

Life & disability insurance

Parental leave

Equity

Risks

Amazon Pharmacy's expansion could increase competition for Alto.

The recent funding round at a lower valuation indicates a tough fundraising environment.

Contamination at Novo Nordisk's factory may disrupt Alto's diabetes medication supply.

Differentiation

Alto offers same-day delivery, enhancing convenience for busy individuals.

The company provides pharmacist consultations via an app, improving customer care.

Alto actively searches for cost-saving options, reducing medication expenses for customers.

Upsides

Alto's partnership with Cuban's Cost Plus expands access to medications.

The integration of telehealth services complements Alto's digital pharmacy model.

AI-powered medication management can enhance Alto's service offerings.

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