Job Summary
The Sr. Manager 64Global Inventory & Cost Accounting will lead Adtran 27s global inventory and cost accounting operations, ensuring accurate valuation, reporting, and compliance across multiple regions. This role will oversee standard costing, inventory controls, and cost analysis for global manufacturing and supply chain activities. The incumbent will manage a team across domestic and international locations and collaborate closely with Finance, Operations, and Supply Chain leadership.
This position reports to the VP, Global Corporate Controller.
Duties and Responsibilities
- Lead global inventory valuation and cost accounting processes across multiple ERP systems.
- Oversee standard cost updates, including labor, overhead, and material rates.
- Monitor and analyze BOM cost changes, purchase price variances, and cost-of-sales fluctuations.
- Ensure accurate accounting for inventory transactions, adjustments, and intercompany transfers.
- Manage excess and obsolete inventory reserves, warranty accruals, and other cost-related provisions.
- Manage global cost accounting teams and ensure consistency in processes and reporting.
- Support financial close activities, including journal entries and reconciliations.
- Provide cost and inventory insights to senior leadership for strategic decision-making.
- Ensure compliance with GAAP, SOX, and internal control requirements.
- Lead process improvement initiatives and system enhancements related to inventory and cost accounting.
- Supervise direct reports and collaborate with international finance teams.
Qualifications
Basic Qualifications
- Bachelor 27s Degree in Accounting or Finance required.
- 8+ years of progressive experience in cost accounting and inventory management, preferably in a global manufacturing environment.
- Strong understanding of GAAP, inventory valuation, and cost-of-goods sold accounting.
- Experience with ERP systems and automated cost accounting processes.
- Demonstrated leadership in managing cross-functional and international teams.
Preferred Qualifications
- CPA or CMA certification preferred.
- Experience with electronic components, subcontract manufacturing, and global supply chains.
- Familiarity with Sarbanes-Oxley compliance and internal controls.
- Advanced Excel and financial systems proficiency. 27SAP preferred.
- Knowledge of IFRS is a plus.