Brother USA · 6 days ago
Manager, Inventory Cost Accounting
Memphis, TN
Full-time
Hybrid
Mid, Senior Level
$91K/yr - $111K/yr
8+ years expBrother USA is a leading provider of home and office equipment with a legacy of over 115 years. The Manager, Inventory Cost Accounting is responsible for managing cost accounting, inventory accounting, and cost analysis to support accurate financial reporting and strategic decision-making.
Customer ServiceElectronicsPrinting
Responsibilities
Prepare/analyze/reconcile weekly, monthly & quarterly inventory reporting for both internal use and Japan requirements including, but not limited to on-hand inventory levels, in-transit inventory and royalties
Develop monthly and ad-hoc analysis of inventory-related reconciliations and financial statements
Create and maintain standard costs including raw materials, labor, and overhead
Perform Quarterly reviews of all standard costs for the cost rollup
Analyze manufacturing cost variances which would include: Purchase Price Variance (PPV), material usage, and labor variances
Support internal and external audits
Collaborate cross functionally to support decision making, improve cost performance, and provide guidance to internal stakeholder
Monitor, track and provide metric reporting for zero value, slow moving, and obsolete inventory and participate in monthly inventory review/reduction meetings
Maintain accuracy of all inventory cost records and Cost of Sales reporting through periodic reviews/testing such as LOCOM analysis, SKU revaluation and all inventory reserves
Review and reconcile monthly AP inventory accruals and work with the Inventory A/P team to clear aged goods receipts/invoice receipts
Support year-end physical inventories which could include warehouse mapping, test counts, reconciliations, and roll-forward schedules
Drive continuous improvement initiatives to optimize cost accounting processes, enhance data accuracy, and strengthen reporting capabilities
Partner with Supply Chain, Warehouse, Procurement, and Finance teams to streamline operations and automation efforts
Lead/drive continuous improvement in the cost estimation processes in collaboration with sales, supply chain and warehouse management teams
Qualification
Required
Bachelor's Degree (or equivalent experience) Accounting or Finance
Minimum 8 years Comprehensive cost accounting and inventory experience in a manufacturing or inventory heavy environment
Certified Management Accountant (CMA)
Microsoft Office applications (Excel, Word, PowerPoint, and Access)
Cost accounting experience within a large ERP system (SAP/Oracle)
Strong inventory technical knowledge
Knowledge and application of Generally Accepted Accounting Principles (GAAP), inventory accounting standards cost accounting methodologies, and internal controls procedures
Ability to maintain a positive attitude, with a willingness to roll up sleeves and get the work done
Proactive action-focused problem-solving skills
Excellent communication skills to effectively convey complex financial information to non-financial stakeholders to enhance understanding
Strong data analysis skills with ability to articulate key drivers and present conclusions on findings
Strong attention to detail
Ability to maintain a continuous improvement mindset
Highly organized and able to manage multiple projects simultaneously and act with resolve in a complex environment
Benefits
Health, vision, and dental insurance—all effective from day one of employment.
Under our 401(k) retirement savings plan, we match up to 100% of the first 4% of employee contributions, with employer matches vesting immediately.
Educational assistance program that reimburses up to 100% of tuition, lab fees, textbooks, and other related expenses for qualifying programs.
Company
Brother USA
Brother is a premier provider of home, home office, and business products, industrial solutions that revolutionize the way live and work.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Brian Amerman
Director, IT Business Partner (Enterprise Operations)
Fil Wojcik
Manager, HR Business Partner
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