Controller, Accounting Services

Responsibilities

• Manage and oversee inventory valuation processes using FIFO and standard costing methodologies.
• Ensure accurate standard cost setup, updates, and maintenance within D365.
• Monitor and analyze inventory transactions, cost rollups, and cost allocations.
• Review inventory reconciliations and resolve discrepancies between subledger and general ledger.
• Maintain accurate cost of goods sold (COGS) reporting, including full absorption and/or abnormal cost indicators.
• Analyze manufacturing and procurement costs to identify trends, risks, and opportunities for cost savings.
• Monitor and report on purchase price variances (PPV) and investigate significant fluctuations.
• Partner with procurement and operations teams to improve cost efficiency and pricing strategies.
• Prepare cost analysis reports and provide recommendations to leadership.
• Oversee inventory and cost accounting processes within Microsoft Dynamics 365.
• Support system implementations, enhancements, testing, and process improvements.
• Train and support users on inventory and costing processes.
• Design, implement, and maintain strong internal controls over inventory and cost accounting processes.
• Ensure compliance with company policies, GAAP, and regulatory requirements.
• Support internal and external audit activities, including documentation and testing of controls.
• Identify control gaps and implement corrective actions.
• Support month-end, quarter-end, and year-end close processes related to inventory and cost accounting.
• Prepare journal entries, account reconciliations, and financial analysis.
• Provide inventory and cost-related disclosures for financial statements.
• Develop management reporting and KPIs related to inventory performance.
• Manage processes for identifying excess and obsolete inventory.
• Develop and maintain reserve methodologies and supporting documentation.
• Review inventory aging reports and recommend reserve adjustments.
• Collaborate with operations and supply chain teams to minimize inventory risk.
• Identify opportunities to improve inventory accuracy, cost transparency, and operational efficiency.
• Develop policies and procedures for inventory and cost accounting functions.
• Lead and mentor accounting staff, where applicable.
• Partner cross-functionally with supply chain, operations, and finance leadership.

Qualifications

• Bachelor’s degree in accounting, Finance, or Business is required.
• 7+ years of experience required.
• Proficient understanding of US GAAP, financial statements, and accounting theory required, including SOX compliance.
• Strong knowledge of FIFO and standard costing methodologies.
• Proactive advocate of change through analysis of the business processes.
• Advanced skill in Excel, Word with strong written and oral communication skills that enables clear communication to all levels of management.
• Intermediate ERP Systems experience with Microsoft D365 preferred.
• Execute responsibilities with a sense of urgency and follow-through.
• Demonstrated abilities to prioritize and manage multiple assignments in a fast-paced environment to meet deadlines with efficiency and accuracy.