Accounting Manager - Inventory & Non-Current Assets
Victra - Verizon Authorized Retailer · Durham, NC · 1 mo ago
AccountingFull-time
Location: Durham (Hybrid)
About Us
We thrive on operational excellence, strong governance, and financial integrity. Our mission is to maintain world-class accounting standards and deliver accurate, reliable financial insights across key business operations. We work closely with Supply Chain, Operations, FP&A, and external partners to safeguard balance sheet integrity and support scalable company growth.
Responsibilities
- Own end-to-end inventory accounting across the full lifecycle, including capitalization, reserves, adjustments, write-offs, obsolescence, and period-end valuation.
- Oversee accounting for fixed assets and construction-in-progress (CIP), including capitalization, depreciation, transfers, impairments, and disposals.
- Own accounting operations for operating and finance leases, including ROU assets, lease liabilities, amortization, remeasurements, and modifications in accordance with US GAAP (ASC 842).
- Review and approve detailed account reconciliations, subledger-to-general ledger rollforwards, and schedule tie-outs to ensure audit readiness and resolve reconciling items promptly.
- Manage monthly, quarterly, and annual close activities across inventory, fixed assets, and lease schedules to consistently meet tight reporting deadlines.
- Maintain and document accounting policies, technical guidance, and internal review controls across assigned asset classes.
- Design, execute, and operate key internal controls to safeguard company assets, mitigate risk, and ensure accurate financial presentation.
- Address complex and judgmental accounting matters with strong technical documentation, supporting review controls, and period-over-period consistency.
- Identify control gaps, subledger complexities, or recurring operational issues and drive sustainable remediation solutions.
- Serve as the primary point of contact for external auditors for inventory, fixed asset, and lease scope areas.
- Prepare comprehensive PBC packages, pull audit samples, and respond directly to audit inquiries with clear documentation.
- Partner cross-functionally with Operations, Supply Chain, and FP&A on capital spend tracking, cutoff alignment, inventory movements, and forecasting support.
- Lead, mentor, and develop a team of 1–2 offshore accounting resources, providing clear context, review, and coaching.
- Delegate work thoughtfully — establishing clear expectations, driving standardization in deliverables, and supporting team growth and scalability.
- Provide regular performance feedback and maintain high standards for accuracy, timeliness, and documentation.
Requirements
- Bachelor’s degree in accounting or related business field
- CPA or equivalent certification preferred
- 5+ years of progressive accounting experience, with specialized expertise in inventory and fixed asset accounting
- Direct, hands-on experience with lease accounting (ASC 842) / ROU assets
- Prior leadership experience, including managing offshore or shared services accounting teams
- Strong understanding of US GAAP principles and internal control frameworks
- Hands-on proficiency with major ERP systems (e.g., Oracle, SAP, NetSuite) with subledger complexity
Preferred Experience
- Experience operating in complex supply chains, retail, or inventory-heavy operating environments
- Experience managing cross-functional workflows with FP&A and Operations teams
- Strong problem-solving abilities with a focus on fixing foundational processes before optimizing
Benefits
- Paid training and professional development opportunities
- Comprehensive health, dental, and vision coverage
- 401(k) retirement savings plan with match options
- Generous paid time off (PTO) and holiday schedule
- Career pathing and continuous advancement opportunities