• Handle cost and inventory activities, including PPV (purchase price variance), freight accruals, inventory reserves, capitalized variances, and absorption costing. • Perform monthly close activities for COGS and inventory valuation; reconcile sub-ledger to general ledger and analyze/explain variances. • Maintain item costing data, cost components (material, labor, and overhead), and related GL mappings; ensure accuracy and alignment with US GAAP and company internal policies. • Manage costing methods for items (Standard Cost, Actual Cost, Moving Average); configure cost rollups and variance tracking. • Validate and cleanse master data (items, BOMs, routings, suppliers, primary data attributes) to ensure accurate cost and inventory reporting. • Develop and maintain reports/dashboards on inventory health, gross margin by product, cost variances, turnover metrics, stockouts, and obsolescence. • Conduct regular analysis of inventory valuation and cost components to identify opportunities for optimization and cost control. • Support internal and external audits by providing data, explanations, and process narratives related to costing and inventory. • Collaborate with IT/Analytics on data models, data quality initiatives, and BI/reporting requirements. • Prepare balance sheet reconciliations related to inventory and cost accounts.