Inventory Accounting Manager $150-175k plus 10 – 15% bonus

Job description

Bell & Associates, Inc. provided pay range

This range is provided by Bell & Associates, Inc.. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$150,000.00/yr - $175,000.00/yr

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Inventory Accounting Manager

Leesburg, VA

Bell & Associates has been engaged to help our client recruit their next Inventory Accounting Manager. The Inventory Manager is responsible for leading the development, implementation, and maintenance of inventory management processes and systems to ensure accuracy, efficiency, and compliance with US GAAP and internal policies. This position supports the organization's operational and financial objectives by providing strategic inventory planning, analysis, and insights to drive business decisions. The role requires strong leadership, collaboration, and communication skills to work effectively with cross-functional teams, including operations, supply chain, and finance, as well as an in-depth understanding of inventory management principles and practices in a regulated medical device manufacturing environment.

Responsibilities

Develop and implement inventory management strategies to optimize inventory levels, reduce costs, and improve efficiency across the organization, including assisting with standard costing.

Oversee monthly inventory accounting close activities, including journal entries, reconciliations, and reporting of inventory and COGS, to ensure accuracy and compliance with US GAAP and internal policies

Analyze and interpret complex inventory data to identify trends, variances, and areas for improvement, and develop recommendations to drive business decisions

Lead cross-functional teams to monitor and improve inventory movement across manufacturing sites, third-party warehouses, 3PLs, and field locations, ensuring seamless inventory flow and minimizing discrepancies

Manage and maintain the inventory sub-ledger to general ledger reconciliation process, investigating and resolving discrepancies in a timely and effective manner

Collaborate with operations, supply chain, and finance teams to ensure accurate product costing, inventory valuation, and standard cost updates, and to identify opportunities for process improvements

Develop and implement inventory-related reports and analytics to support management and FP&A teams in making informed business decisions

Oversee the annual physical inventory and cycle count processes, ensuring compliance with internal controls, regulatory standards, and internal control requirements

Work with external auditors during quarterly and year-end audits, preparing schedules and responding to audit requests in a timely and professional manner

Identify, recommend, and implement process improvements to enhance accuracy, efficiency, and compliance, and to drive continuous improvement in inventory management practices

Ensure compliance with applicable FDA or ISO standards, and maintain a thorough understanding of regulatory requirements and industry best practices

Lead and develop a team of inventory professionals, providing guidance, coaching, and training to ensure the team has the necessary skills and expertise to perform their duties effectively

Requirements

Bachelor's degree in Accounting, Finance, or related field required, Master's degree preferred

CPA certification preferred, with experience in inventory accounting

Advanced Excel skills, with experience in data analysis and financial modeling

Experience with ERP systems (JDE preferred) and inventory management software

Training or knowledge of inventory/cost accounting in a regulated manufacturing environment

Strong understanding of inventory management principles, practices, and technologies, with ability to lead and implement process improvements

5-8+ years of progressive accounting experience, with at least 3 years focused on inventory or cost accounting, and 2+ years in a leadership or management role

Experience in the medical device, pharmaceutical, or manufacturing industry highly preferred

Strong understanding of US GAAP, inventory valuation, and cost flows, with ability to apply knowledge in complex and dynamic environments

Familiarity with standard costing, bill of materials, and production order accounting, with experience in implementing and optimizing inventory management systems

Proven ability to analyze large data sets, identify trends, and communicate insights clearly to senior leadership and cross-functional teams

Excellent attention to detail and organizational skills, with ability to manage multiple priorities and deadlines in a fast-paced environment

Strong interpersonal and cross-functional communication skills, with experience in leading and collaborating with teams to drive process improvements and achieve business objectives

Experience working in a SOX-compliant and FDA-regulated environment required, with strong understanding of regulatory requirements and industry best practices

Bell & Associates, Inc. was recently recognized by Forbes list of Best Professional Recruiting Firms in America -

BETTER TALENT. BETTER OPPORTUNITY. FIND IT HERE.

Bell & Associates, Inc. is a recognized Executive Recruiting & Staffing leader based in Kansas City. We focus and specialize in the following practice areas - Accounting/Finance, Engineering, Executive Leadership, Financial Institutions, Healthcare, Human Resources, Information Technology, Manufacturing/Operations Management. We provide top talent to our clients on a Direct Hire, Contract, and Contract-to-Hire basis.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Accounting/Auditing, Finance, and Management

Industries

Medical Equipment Manufacturing

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Worksite address

leesburg, VA, 22075, US

Who can apply

Review the original listing for work authorization, qualifications and employer requirements.