Inventory Accounting Manager

Inventory Accounting Manager

The Inventory Accounting Manager is responsible for the integrity of the inventory financial data for a large division of the Company. This role oversees the end-to-end accounting for inventory, cost of goods sold, and margin analysis. You will be the primary subject matter expert on US GAAP compliance regarding inventory valuation, ensuring that global operating territories for the division are reconciled and that variances are analyzed to drive business profitability. This is a hands-on people manager role: you'll both manage and coach the team and be directly involved in complex investigations, reconciliations, and escalations.

Key Responsibilities:

• Responsible for all accounting, reporting, and analysis related to inventories, gross margins, and standard costs.
• Prepare and review monthly journal entries related to inventory and COGS, including recording inventory movement, accruals for inventory in transit, and the capitalization of freight and tariffs.
• Ensure inventories are properly valued and appropriately reserved under US GAAP (including evaluations for slow-moving, excess, and obsolete stock) in conjunction with the monthly financial close.
• Ensure liabilities related to inventory purchases are properly stated, gross margins are accurate, and any significant variances between budgeted and actual margins are investigated and explained to management.
• Prepare and review monthly reconciliations for all inventory-related accounts across all global operating territories.
• Identify and analyze key cost drivers of variances between standard and actual costs and take proactive action to improve cost accuracy.
• Partner with Product and Sales Managers to establish and maintain accurate standard product costs.
• Develop and deliver reporting that provides clear visibility into major cost components, such as product, duty, and freight, to enable informed business decisions.
• Understand and document the division's current end-to-end inventory processes to ensure operational transparency.
• Build and manage a strong set of internal controls for our new division. You will lead the effort to create SOX-compliant processes from scratch to make sure our financial reporting is accurate and is compliant.
• Act as the primary finance liaison in physical inventory counts, review monthly cycle count results, and investigate variances as needed.
• Establish and maintain inventory and COGS-related internal controls and assist in preparing necessary documentation for internal and external auditors.
• Work with IT to automate accounting processes and assist with cost testing required for ERP patches, fixes, or system issues.

Job Requirements:

• Good communication skills and someone capable of working on their own. Someone that pays a great deal of attention to detail.
• Essential application proficiency in: SAP and other systems
• A Bachelor's degree in Accounting from an Accredited University is required.
• 7 - 10 years experience required

About ZT Systems

At ZT Systems, a Sanmina Company, you'll get to do work you are proud of alongside smart, passionate people. Every day, there are opportunities to collaborate with the best in the industry to design, build, and deliver impactful solutions to world-class customers. Along the way, you will gain hands-on experience in a fast-paced environment that's challenging, rewarding, and career-defining.

A culture built around our values we work hard and think fast. We view challenges as opportunities—to do better, push harder, and be faster than we were the day before. When we fail, we learn from it and move on together. And when we succeed, we use the momentum to go even further. We create value with everything we do, building the foundation of today—and transforming the future of tomorrow.

Join ZT Systems and help us build technology infrastructure that connects the world.

What We Offer At ZT Systems, a Sanmina Company, we believe that investing in our people is key to our continued growth and innovation. When you join our team, you'll gain access to a comprehensive and inclusive benefits package designed to support your well-being, financial security, and professional development—both now and in the future.

Compensation & Financial Security

-Competitive base salary

-Performance-based annual bonus eligibility

-401(k) retirement savings plan

-Tuition reimbursement for eligible education programs

Health & Wellness

-Comprehensive medical, dental, and vision coverage with access to leading providers

-Mental health resources and employee wellness support programs-

-Company-paid life and disability insurance

Time Away & Work-Life Balance

-Paid time off (PTO) and company-paid holidays

-Parental leave and family care support programs

Growth & Purpose

-Structured training programs and on-the-job learning opportunities

-Matching gifts and volunteer programs to support causes you care about

These benefits are available to eligible employees and are designed to grow with you as your career evolves. Full benefits and eligibility varies by work location. Learn more about our benefits here.

ZT Group Int'l. is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. ZT Systems provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Please be aware that certain positions may require the applicant to either 1) be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or 2) be eligible to obtain an export control license or license exception from the Bureau of Industry and Science & U.S. Department of Commerce. All offers of employment will be conditional subject to the foregoing.