Senior Cost Inventory Accountant

HOYA Vision Care

• $80K — $95K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field.
  • 5+ years of progressive accounting experience, specifically in inventory or cost accounting.
  • Strong knowledge of IFRS and inventory accounting principles.
  • Experience with ERP systems such as SAP, Oracle, or Dynamics.
  • Advanced Microsoft Excel skills.
  • Strong analytical, communication, and problem-solving abilities.

Responsibilities

  • Review manufacturing variances including material and overhead costs.
  • Ensure accurate inventory valuation according to IFRS and company policies.
  • Reconcile inventory subledgers with the general ledger and resolve discrepancies.
  • Prepare month-end journal entries and financial analyses.
  • Support physical inventory and audit requests.
  • Prepare documentation for year-end external audits.
  • Monitor inventory reserves and obsolete items.
  • Collaborate with operations and supply chain teams for improved accuracy.

Benefits

  • Opportunity to work in a global company with a focus on innovation.
  • Collaborative team culture with a passion for partnership.
  • Engagement with diverse teams across operations and finance.
  • Involvement in SAP S4 implementation and process improvements.
Full Job Description
Job Description

The Senior Cost/Inventory Accountant is responsible for managing inventory accounting, cost accounting, financial analysis, and reporting activities to ensure the accuracy and integrity of inventory valuation and cost of goods sold (COGS). This role partners closely with Operations, Supply Chain, Manufacturing, and Finance teams to support inventory controls, cost analysis, month-end close, and process improvements.

Key Responsibilities
• Review manufacturing variances including material, freight, tariff, and overhead variances.
• Ensure accurate inventory valuation in accordance with IFRS and company policies.
• Reconcile inventory subledgers to the general ledger and investigate discrepancies.
• Prepare month-end journal entries, account reconciliations, and financial analyses.
• Support physical inventory counts, cycle counts, and audit requests.
• Prepare schedules for year-end external audit
• Monitor inventory reserves, obsolete inventory, and valuation adjustments.
• Partner with operations and supply chain teams to improve inventory accuracy and controls.
• Support SAP S4 implementation and process improvement initiatives.

Required Qualifications
• Bachelor's degree in Accounting, Finance, or related field.
• 5+ years of progressive accounting experience including inventory and/or cost accounting.
• Strong knowledge of IFRS and inventory accounting principles.
• Experience with ERP systems such as SAP, Oracle, Dynamics, or similar.
• Advanced Microsoft Excel skills.
• Strong analytical, communication, and problem-solving abilities.

Preferred Qualifications
• Manufacturing, distribution, or supply chain experience.
• Experience with SOX compliance and internal controls.

Experience Requirement
Minimum 5-7 years of prior accounting experience, including inventory accounting, cost accounting, general ledger accounting, financial reporting, and month-end close responsibilities.

About the Team

Driven by a passion for partnership as well as innovation, HOYA has been a partner to Eye Care Professionals for over 75 years, enabling them to give people the greatest gift, the gift of vision. We provide Eye Care Professionals with the lenses, consultation solutions and other services that help them to develop their practice while changing the way people see the world. We see them as visionaries, and everything we do is for them. Founded in Japan in 1941, today, HOYA has a presence in over 80 countries across the globe.

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