Sr. Inventory Cost Accountant

Key Responsibilities

• Maintain and reconcile inventory balances across all locations, including raw materials, WIP, and finished goods.
• Monitor and validate inventory transactions to ensure accurate costing and allocation.
• Calculate and maintain standard costs; assist in annual cost roll-ups and BOM reviews.
• Analyze and reconcile variances including purchase price variance (PPV), manufacturing variance, and labor/overhead absorption.
• Support physical inventory counts and cycle count programs; investigate and resolve discrepancies.
• Prepare and review journal entries related to inventory, cost of goods sold (COGS), accruals, and manufacturing activities.
• Complete monthly inventory reconciliations and prepare supporting schedules for financial statements.
• Analyze cost trends and provide insights into margin fluctuations and operational performance.
• Aid in quarterly and annual financial audits related to inventory and manufacturing accounting.
• Partner with Operations, Supply Chain, and Engineering to evaluate costing impacts of process changes, scrap, waste, and productivity improvements.
• Provide analysis for make/buy decisions, cost savings initiatives, and capital investment reviews.
• Identify opportunities to streamline processes, strengthen internal controls, and improve data accuracy.
• Support implementation of ERP enhancements, costing modules, and system upgrades.
• Ensure adherence to GAAP, company accounting policies, and cost accounting standards.
• Maintain and enforce strong internal controls around inventory and manufacturing processes.
• Support the development of policies and procedures related to inventory, costing, and financial operations.

Qualifications

• Bachelor's degree in accounting, Finance, or related field
• 4–7+ years of progressive accounting experience, with at least 2 years in cost accounting or manufacturing finance
• Strong understanding of GAAP, inventory valuation methods, standard costing, and cost accounting principles
• Advanced Excel skills with proficiency in analyzing large datasets
• Experience performing complex reconciliations and variance analyses
• Strong communication skills with the ability to collaborate effectively with cross-functional teams
• Excellent attention to detail, organizational skills, and ability to meet deadlines

Preferred Experience

• Experience working in a manufacturing environment, ideally in multi-site operations
• Experience with ERP systems and costing modules
• Familiarity with BOM structures, routings, and manufacturing processes
• Experience supporting continuous improvement, Lean, or Six Sigma initiatives

Salary

$100,000 - 112,000 (plus bonus)