Jobs · Accounting · Illinois

Inventory Accounting Manager

Pactiv Evergreen Inc. · Lake Forest, IL · Yesterday
AccountingFull-time

Job Overview

We are seeking an Inventory Accounting Manager to lead key inventory accounting activities and serve as the primary accounting resource for inventory-related matters across the plant and warehouse network.

Position Responsibilities

  • Serve as the lead accounting contact for Q4 physical inventory counts, including planning, site coordination, count instructions, variance review, reconciliation, and post-count reporting.
  • Cook inventory-related audit requests and communications with internal and external auditors, ensuring timely delivery of schedules, supporting documentation, explanations, and follow-up items.
  • Own the slow-moving and obsolete inventory process, including data analysis, reserve calculations, policy application, management review materials, and related journal entries.
  • Review inventory balances, transactions, adjustments, and reconciliations to ensure completeness, accuracy, and compliance with company accounting policies.
  • Partner with Operations, Supply Chain, Finance, and plant and warehouse teams to understand inventory movements, investigate variances, resolve discrepancies, and improve inventory accuracy.
  • Develop, document, and maintain inventory accounting processes, procedures, controls, and reporting standards.
  • Lead change management efforts to standardize inventory accounting processes across the plant and warehouse network, including aligning site practices, documenting current-state gaps, and building practical roadmaps for adoption.
  • Identify, promote, and implement inventory best practices across locations, helping the plant and warehouse network move toward more consistent count procedures, reserve inputs, reconciliation standards, and reporting routines.
  • Support month-end, quarter-end, and year-end close activities related to inventory, cost adjustments, reserves, and account reconciliations.
  • Identify process improvement opportunities and help implement sustainable solutions that strengthen controls, reduce manual effort, and improve visibility into inventory risk.
  • Prepare clear reporting and analysis for finance leadership on inventory trends, valuation risks, count results, SLOB exposure, process adoption, and required actions.

Required Qualifications

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • Minimum of 5 years of relevant accounting experience, including inventory accounting, cost accounting, manufacturing accounting, or supply chain finance exposure.
  • Strong understanding of inventory valuation, reserves, reconciliations, internal controls, and financial close processes.
  • Experience supporting physical inventory counts, cycle counts, or inventory audit procedures.
  • Demonstrated ability to communicate effectively with auditors, cross-functional business partners, plant and warehouse leadership, and finance leadership.
  • Advanced Excel and data analysis skills; experience with ERP systems and inventory sub-ledgers preferred.
  • Demonstrated ability to influence change across decentralized teams, standardize processes, and drive adoption of new procedures in a multi-site environment.
  • Strong attention to detail, ownership mindset, and ability to manage multiple priorities during quarter-end and year-end cycles.

Preferred Qualifications

  • Experience in a multi-site operating environment.
  • Experience with SLOB reserve methodologies, inventory policy development, and control remediation.
  • Familiarity with SOX controls and audit documentation standards.

Key Attributes for Success

  • Ownership and accountability: Takes end-to-end responsibility for inventory accounting deliverables and follow-through.
  • Analytical rigor: Uses data to identify trends, quantify risks, and support well-reasoned conclusions.
  • Cross-functional communication: Translates accounting requirements into clear guidance for Operations, Supply Chain, Finance, and plant and warehouse teams.
  • Process discipline: Builds repeatable, well-documented processes that improve consistency and control.
  • Change leadership: Builds alignment across the plant and warehouse network, supports adoption of new processes, and helps teams transition from site-specific practices to consistent enterprise standards.
  • Audit readiness: Anticipates auditor needs and maintains support that is complete, organized, and defensible.

Similar jobs

Inventory Accounting Manager

SANMINA-SCI TECHNOLOGY INDIA PRIVATE LIMITEDSecaucus, NJ· 2 mo ago
Finance$118k–$160k/yrapply on careers.sanmina.com