Inventory Accountant

Overview

This role is for an Inventory Accountant within the Local Solutions business unit, reporting directly to the Inventory Accounting Manager. The position involves 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.

Location

This is a remote position with some travel required. Candidates are ideally located in the Eastern Region.

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 differences, working with Finance Business Partners to understand significant variances.
• 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 the annual full physical inventory process (Q4) for all plants in the assigned regions, ensuring adequate coverage and 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 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 the 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 reporting.
• Perform other ad hoc tasks as needed.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field; advanced degrees, 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 such as Oracle, SAP, SysPro, or Sage; SAP S/4 Hana preferred.
• Advanced proficiency in Microsoft Office.
• Willingness to travel 10% or more; travel may increase to 50%+ during Q4 to support full physical inventory.
• Continuous improvement mindset with the ability to identify process gaps and lead implementation of best practices.
• Results-oriented with the ability to deliver accurate and timely products and services.
• Ability to work independently as a subject matter expert with limited supervision.
• Capability to implement ideas across a multi-plant environment.
• Strong influencing skills without direct reporting authority.

Compensation & Benefits

• Base salary range: $65,000 - $110,000 per year.
• 10% annual target bonus.
• 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.

Equal Opportunity

The employer is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other characteristic protected by applicable law.

AI tools may be used during certain stages of the employment process, such as candidate review; however, all final employment decisions are made by a person.