Overview
This role is for an Inventory Accountant within the Local Solutions business unit, reporting 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.
This is a remote position with some travel required, ideally suited for candidates 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 variances after consultation with Finance Business Partners.
- Manage accounting for excess and obsolete inventory, including calculating and maintaining reserve rates and working with operations to address slow or non-moving stock.
- Coordinate the annual full physical inventory process (Q4) for all plants in the assigned regions, partnering with finance and accounting leads.
- Provide inventory-related reports and updates on key performance indicators (KPIs) in collaboration 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 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 preferred.
- Advanced proficiency in Microsoft Office.
- Willingness to travel approximately 10% or more, with up to 50%+ travel 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 strong 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 multiple plants and influence others without direct 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.