Addison Group · 2 weeks ago
Senior Inventory Accounting Manager
Leesburg, VA
Full-time
Hybrid
Senior Level
$175K/yr - $180K/yr
7+ years expAddison Group is seeking a Senior Inventory Accounting Manager to lead all inventory-related accounting activities and ensure the accuracy, integrity, and optimization of inventory processes. This role involves cross-functional collaboration with Operations, Supply Chain, FP&A, and Manufacturing to enhance inventory management and cost of goods sold reporting.
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Responsibilities
Oversee all inventory accounting activities, including valuation, reserves, standard costing, and monthly inventory close
Ensure accurate and timely reporting of COGS, purchase price variances, overhead absorption, and inventory adjustments
Monitor cycle counts and physical inventory results; analyze discrepancies and implement corrective actions
Own reconciliation of inventory sub-ledgers to the general ledger
Lead month-end close for inventory-related accounts and support financial statement preparation
Partner with Operations, Supply Chain, and Manufacturing to monitor material usage, scrap, variances, and production processes
Provide insights and reporting on inventory trends, risks, and opportunities
Support implementation or optimization of ERP systems, inventory modules, and related technology
Develop and enhance internal controls around inventory, fixed assets, and cost accounting
Identify opportunities to streamline and automate manual accounting processes
Create and maintain inventory accounting policies, SOPs, and documentation
Manage and mentor staff responsible for inventory accounting and cost accounting
Provide training to operational teams on inventory control and accounting best practices
Act as the primary point of contact for internal and external auditors on inventory-related matters
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field (CPA or CMA preferred)
7+ years of progressive accounting experience with a strong focus in inventory or cost accounting
Experience in manufacturing, CPG, retail, distribution, or supply chain-driven organizations required
Strong knowledge of GAAP, inventory valuation methods (FIFO, standard cost, weighted average), and cost accounting concepts
Hands-on experience with ERP systems (NetSuite, SAP, Oracle, Workday, Microsoft Dynamics, etc.)
Advanced Excel skills (pivot tables, VLOOKUPs, models)
Excellent analytical, communication, and leadership skills; able to translate data into insights
Preferred
CPA or CMA preferred
Benefits
Medical
Dental
Vision
401K match
Company
Addison Group
Addison Group specializes in filling company’s contract, contract-to-hire, or direct hire positions with professional candidates.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Odyssey Investment Partners
2022-01-04Acquired
2016-12-19Private Equity
Leadership Team
Thomas B. Moran
CEO
Recent News
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