Senior Inventory Accountant

Job Description

Job Description

Benefits:

• Holiday Pay
• 401(k)
• 401(k) matching
• Bonus based on performance
• Competitive salary
• Dental insurance
• Health insurance
• Opportunity for advancement
• Paid time off
• Profit sharing
• Stock options plan
• Training & development
• Vision insurance
• Wellness resources

We are currently hiring a Senior Inventory Accountant. Reporting to the Controller, the Senior Inventory Accountant will play a pivotal role within the company. The ideal candidate will have a proven record of success in overseeing accounting processes supporting our business growth, particularly within private equity-backed organizations, startups, and/or M&A environments. The role is hybrid so will require frequent on-site presence.

Responsibilities:
Perform monthly inventory reconciliations (~1000 inventory items), ensuring alignment between the ERP system, warehouse records, and general ledger
Maintain controls over GL posting of inventory movements, ensuring proper account coding, classification, and analytics
Coordinate with engineering and manufacturing teams on manufacturing routes and bills of materials (BOMs) to ensure accurate cost buildup and system configuration
Analyze and report on manufacturing and procurement variances, including purchase price variance (PPV) and production/efficiency variances, with commentary on key drivers
Maintain and update standard costs; lead the transition from standard costing to FIFO methodology, including system setup, testing, and cutover
Analyze inventory cost structure, including material, labor, and overhead components, to support pricing, margin analysis, and management reporting
Assess inventory for obsolescence and net realizable value (NRV) exposure; calculate and record required reserves in accordance with company policy and US GAAP
Support periodic and annual physical inventory counts, including coordination, count sheet preparation, variance investigation, and reconciliation of results
Post and reconcile various month-end journal entries, including:
o Fixed assets and PPE (additions, disposals, depreciation)
o Prepaid expenses and amortization schedules
o Payroll and benefits accruals
o Lease accounting
o Other recurring and non-recurring entries as required
Support month-end and year-end close activities, ensuring timely and accurate completion of all inventory and cost accounting deliverables
Assist in developing and maintaining inventory accounting policies, procedures, and internal controls to support audit readiness and operational scalability
Prepare ad hoc analysis and reports on inventory, cost of goods sold, and related metrics as requested by management

Qualifications:
Bachelors degree in accounting is required
6+ years of experience working in a manufacturing setting with at least 2 years as a senior accountant.
Public Accounting experience is preferred.
Excellent computer skills required, including prior experience with NetSuite, advanced Excel, and experience with Microsoft Office Suite applications.
Excellent analytical and meticulous skills required, with the ability to succeed as an individual, and at the same time excel in a team environment.
Strong interpersonal and influential skills
Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities
Advanced Excel and NetSuite experience mandated

Schedule: M-F from 8am to 5pm, hybrid (4 days in office, 1 day remote)

Salary: $90,000-$100,000

This is a direct hire position salary will be based on experience. Full company benefits

Flexible work from home options available.