Senior Accountant

Senior Accountant (Inventory Focus)

Location: Morton Grove, IL

We are seeking a detail-oriented Senior Accountant with strong inventory accounting experience to join our growing organization in Morton Grove, IL. This position will play a key role in maintaining accurate inventory records, supporting month-end close activities, analyzing inventory variances, and partnering with operations to ensure financial accuracy and effective inventory management. The ideal candidate will have 3-5+ years of accounting experience with significant exposure to inventory accounting in a manufacturing, distribution, consumer products, or related environment. Inspired by similar inventory-focused senior accountant roles within the organization.

Key Responsibilities

• Lead inventory accounting activities, including valuation, reconciliations, and reporting.
• Perform monthly inventory reconciliations and investigate inventory discrepancies.
• Maintain accurate inventory records and ensure compliance with GAAP.
• Prepare and post journal entries related to inventory, cost of goods sold, accruals, and general ledger activity.
• Coordinate month-end, quarter-end, and year-end close processes.
• Conduct inventory variance and cost analyses, providing recommendations to improve profitability and inventory accuracy.
• Support and oversee physical inventory counts and cycle count programs.
• Partner with operations, purchasing, supply chain, and warehouse teams to improve inventory controls and reporting.
• Reconcile balance sheet accounts and prepare supporting schedules.
• Assist with budgeting, forecasting, and financial analysis related to inventory and manufacturing costs.
• Support internal and external audits, including inventory-related testing and documentation.
• Identify and implement process improvements to strengthen internal controls and accounting efficiency.
• Prepare management reports and provide insights regarding inventory trends and operational performance.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 3-5+ years of progressive accounting experience , including substantial inventory accounting experience.
• Experience in a manufacturing, distribution, consumer products, food production, or other inventory-intensive environment strongly preferred.
• Strong understanding of inventory valuation, inventory controls, cost accounting, and financial reporting.
• Experience with ERP systems such as SAP, Oracle, NetSuite, Microsoft Dynamics, or similar platforms.
• Advanced Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, and data analysis functions.
• Excellent analytical, organizational, and problem-solving abilities.
• Strong communication skills with the ability to collaborate cross-functionally.
• CPA designation or CPA-track preferred but not required.

Preferred Qualifications

• Experience with standard costing and inventory reserve analysis.
• Exposure to manufacturing cost accounting.
• Experience supporting inventory audits and implementing process improvements.
• Ability to thrive in a fast-paced, growth-oriented environment.

Compensation & Benefits

Salary Range: $85,000 - $105,000 annually, depending on experience and qualifications.

• Annual bonus opportunity
• Medical, dental, and vision insurance
• 401(k) with company match
• Generous PTO and paid holidays
• Career advancement opportunities
• Collaborative and team-oriented culture

Equal Opportunity Employer/Veterans/Disabled

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The Company will consider qualified applicants with arrest and conviction records in accordance with federal, state, and local laws and/or security clearance requirements, including, as applicable:

• The California Fair Chance Act

• Los Angeles City Fair Chance Ordinance

• Los Angeles County Fair Chance Ordinance for Employers

• San Francisco Fair Chance Ordinance