Senior Inventory Accountant

Senior Inventory Accountant

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Who:

A growing organization seeking an experienced Senior Inventory Accountant with strong GAAP expertise and manufacturing or distribution exposure.

What:

Lead end-to-end inventory accounting, manage month-end close activities, ensure accurate valuation, and drive process improvements.

Where:

Onsite role (location to be disclosed during interview process).

When:

Actively hiring to strengthen inventory controls and financial reporting accuracy.

Why:

Inventory is a critical component of financial performance, and this role ensures accurate reporting, operational alignment, and strong internal controls.

Salary:

Competitive compensation package based on experience and qualifications.

Job Summary / Description:

The Senior Inventory Accountant is responsible for the accuracy, integrity, and timely reporting of all inventory-related financial activity. This role oversees inventory transactions across purchasing, receipts, in-transit movements, reserves, cost changes, and valuation while ensuring compliance with GAAP and internal controls. The position leads inventory-related month-end close processes, supports audits, and partners cross-functionally with operations and supply chain teams to improve reporting efficiency and financial visibility.

Key Responsibilities:

Inventory Accounting Management

• Oversee end-to-end inventory accounting processes and ensure accurate transaction recording.

• Reconcile inventory accounts and validate inventory movements.

• Analyze inventory variances, identify root causes, and recommend corrective actions.

• Manage purchasing, receipts, in-transit inventory, reserves, adjustments, cost changes, and valuation.

Month-End Close

• Lead inventory-related close activities, including journal entries, accruals, and reconciliations.

• Prepare and analyze inventory financial reports for accuracy and completeness.

• Collaborate with operations and supply chain teams to resolve discrepancies.

Process Improvement & Internal Controls

• Identify and implement process improvements to enhance reporting efficiency.

• Ensure compliance with GAAP, internal controls, and company accounting policies.

• Support internal and external audits, including inventory control reviews.

Financial Reporting & Analysis

• Provide detailed inventory reporting and analysis to support decision-making.

• Monitor inventory turnover, obsolescence, reserves, and valuation adjustments.

• Support ad hoc financial analysis related to inventory and SG&A as needed.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or related field required.

• CPA or CMA preferred.

• 5+ years of inventory accounting or financial reporting experience.

• Strong knowledge of inventory accounting principles and GAAP.

• Experience with SAP and advanced Excel skills.

• Proven ability to implement process improvements.

• Strong analytical, organizational, and cross-functional communication skills.

Preferred Qualifications:

• Experience in manufacturing or distribution environments.

• Knowledge of inventory costing methods (FIFO, LIFO, weighted average).

Benefits:

• Competitive compensation package.

• Opportunity to partner closely with operations and supply chain leadership.

• High-impact role with visibility into core business operations.

Senior Inventory Accountant role overseeing GAAP-compliant inventory accounting, SAP reporting, month-end close, valuation, and process improvements in manufacturing.