Innovative Packaging Industry Corporation

Job Description

The Inventory Accountant is responsible for the accurate accounting, monitoring, and reconciliation of inventories covering raw materials, packaging materials, work-in-process (WIP), and finished goods.

This role ensures proper inventory valuation, cost accuracy, and compliance with accounting standards, while supporting production, supply chain, and management reporting requirements across all branches (Valenzuela Plant, Cabuyao Plant, Canlubang Plant, and CDO Plant).

Key Responsibilities

Inventory Accounting and Valuation

• Maintain accurate inventory records for raw materials, packaging materials, WIP, and finished goods.
• Ensure proper inventory valuation in accordance with accounting standards (e.g., FIFO, weighted average).
• Compute and monitor standard costs, actual costs, and cost variances.
• Review and analyze inventory reserves, ...