Supply Chain Inventory Accounting Lead
IDEMIA Public Security · Hennepin County, MN · 1 mo ago
On-siteManagementFull-time
Responsibilities
- Lead inventory accounting activities, including journal entries, inventory roll-forwards, reserve calculations, account reconciliations, and variance analysis.
- Maintain and improve inventory accounting controls and reconciliation processes to ensure timely and accurate financial reporting.
- Analyze and resolve any inventory and costing discrepancies across ERP systems and operational processes.
- Act as the primary finance contact for inventory-related operational issues and process improvements.
- Maintain standard costs for materials and goods, including updates, reviews, and coordination with relevant Finance, Procurement, Supply Chain, and Operations stakeholders.
- Maintain intercompany transfer inventory files.
- Maintain sales price book files for contract and ad-hoc invoicing.
- Collaborate on cycle count and physical inventory programs, including count planning, variance investigation, root-cause analysis, corrective actions, and audit-ready documentation.
- Coordinate annual inventory counts with external auditors.
- Main audit contact for internal and external audits.
- Generate ad-hoc reports on COGS and inventory as needed.
- Support budgeting and forecasting as requested.
Qualifications
- Bachelor’s degree in Accounting, Finance, Business Administration, Supply Chain, or a related field required.
- Minimum of 5 years of progressive accounting experience, including inventory accounting, cost accounting, or supply chain finance experience.
- Strong understanding of inventory valuation, standard costing, purchase price variances, manufacturing variances, inventory reserves, COGS, and subledger-to-general-ledger reconciliation processes.
- Experience supporting month-end and quarter-end close activities, including journal entries, account reconciliations, roll-forwards, fluctuation analysis, and management reporting.
- Experience in a warehouse, distribution, or inventory-intensive environment preferred, with exposure to cycle counts, physical inventory, inventory movement, ERP transactions, and inventory controls.
- Strong knowledge of internal controls, audit support, and documentation standards.
- Advanced Microsoft Excel skills required; experience with ERP systems and inventory/costing modules required.
- Ability to analyze complex data, identify process gaps, resolve discrepancies, and communicate findings clearly to Finance, Operations, Supply Chain, Procurement, and leadership stakeholders.
- Demonstrated ability to work independently, manage competing priorities, meet close deadlines, and drive process improvements in a fast-paced environment.
- CPA, CMA, MBA, or other relevant professional certification preferred.