Job DescriptionWe are seeking a
Senior Inventory Accountant to join our team. This role will be deeply embedded in cost accounting and will play a hands-on role in month-end close, inventory and cost accounting, and process improvement initiatives. The right person will be comfortable operating in a partially manual environment while helping move the organization toward more automated, scalable processes.
This position is
onsite in our
Irvine, CA office and reports to the
Sr. Manager, Accounting.
As the Senior Inventory Accountant, you will have an opportunity to: - Manage month-end close process related to inventory accounting, including journal entry preparation and review, income statement variance analysis and balance sheet reconciliation
- Manage inventory accounting, including standard cost rate calculation and review, cost absorption and variance analysis, cost and profitability reviews as assigned, and manage physical inventory counts
- Calculate and record the capitalization of inventory variances - PPV/IPV, over/under absorption
- Ensure and record reasonable estimate of inventory obsolescence reserve in accordance with company policies
- Maintain and reconcile general ledger accounts related to inventory, purchase price variances and manufacturing absorption variances.
- Partner cross-functionally with operations, supply chain, and manufacturing teams
- Support audits and ensure compliance with accounting standards
- Assist with process improvements, system enhancements, and transformation initiatives
- Analyze monthly variances to budget/forecast
- Investigate manufacturing related problems and variances, inventory transaction issues, and scrap & cycle count
- Organize complex data utilizing advanced Excel and database skills
- Ad hoc analysis
- Work directly with audit and tax team related to inventory accounting
- Provide periodic reporting to outside parties, such as banks and government agencies
- Continuously improve / streamline / automate work processes, reports, and analyses
You have:- Bachelor's degree in accounting
- 4+ years of relevant accounting experience
- Deep experience with inventory accounting and cost accounting
- ERP experience required (manufacturing ERPs strongly preferred)
- Understanding of US GAAP and methodologies for technical research
- Strong communication skills and ability to partner cross-functionally
- Comfortable in environments undergoing change and modernization
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Pay Range:Annual Salary: $92,400.00 - $106,500.00
The actual annual salary offered to a candidate will be based on variables including experience, geographic location, education, and skills/achievements, and will be mutually agreed upon at the time of offer.
We offer a highly competitive salary, comprehensive benefits including: medical and dental, vision, disability and life insurance, 401K, PTO, paid holidays, gear discounts and the ability to add value to an exciting mission!
