Overview
This role involves serving as an Inventory Accountant within a Local Solutions business unit, reporting directly to the Inventory Accounting Manager. The position is responsible for managing the full end-to-end accounting and control processes related to inventory movements. The role is critical in establishing and maintaining best practices in inventory management and documentation.
This is a remote position with some travel required, ideally suited for candidates located in the Eastern Region of the United States.
Responsibilities
Inventory Control
- Coordinate inventory cycle counts for raw materials, work in process, produced finished goods, and purchased finished goods across assigned plants.
- Collaborate with plant operations to perform cycle counts, reconcile counts to the general ledger, and post inventory differences.
- Work with Finance Business Partners to understand and address significant count variances before posting.
- Manage accounting for excess and obsolete inventory, including calculating and maintaining reserve rates and partnering with operations to address slow or non-moving stock.
- Coordinate annual full physical inventory processes (Q4) for all plants within assigned regions, ensuring adequate finance and accounting support.
- Provide reports and updates on inventory key performance indicators (KPIs) in partnership with FP&A and Finance Business Partnering teams.
- Participate in initial inventory setup for mergers and acquisitions, including establishing initial balances and obsolete inventory considerations.
- Monitor and coordinate inventory transactions related to specially produced inventory.
- Research, analyze, and reconcile intercompany inventory movements.
- Investigate and resolve issues related to inventory balances, movements, and backflushing.
Month-End Close Activities
- Prepare and submit balance sheet reconciliations for all inventory accounts within assigned plants.
- Prepare and post adjusting journal entries related to inventory transactions.
- Review month-end balance sheet and profit & loss variance accounts related to inventory to ensure accurate financial reporting.
- Perform other ad hoc accounting tasks as needed.
Requirements
- Bachelor’s degree in Finance, Accounting, or a related field; advanced degrees or certifications such as CMA or CPA are a plus.
- Relevant work experience may be considered in lieu of a degree for qualified candidates.
- Minimum of 2 years of manufacturing finance and/or cost accounting experience.
- Experience with complex ERP systems (e.g., Oracle, SAP, SysPro, Sage); SAP S/4 Hana experience preferred.
- Advanced proficiency in Microsoft Office applications.
- Willingness to travel approximately 10% of the time, with up to 50%+ travel during Q4 to support full physical inventory processes.
- Continuous improvement mindset with the ability to identify process gaps and lead implementation of best practices.
- Results-oriented with strong attention to accuracy, completeness, and timeliness.
- Ability to work independently as a subject matter expert with limited supervision.
- Capability to implement ideas across multiple plant environments.
- Strong influencing skills without direct reporting authority.
Compensation & Benefits
- Base salary range: $65,000 - $110,000 per year
- Annual target bonus: 10%
- 401(k) plan / group retirement savings program
- Short-term and long-term disability benefits
- Life insurance
- Health, dental, and vision insurance
- Paid time off and paid holidays
Location
Remote position with some travel required, preferably candidates located in the Eastern Region of the United States.