Batory Foods · 1 week ago
Senior Inventory Accountant
Rosemont, Illinois, United States
Full-time
Onsite
Mid, Senior Level
$80K/yr - $90K/yr
3+ years expBatory Foods is a company that values its people and encourages individuality. They are seeking a Senior Inventory Accountant to bridge Finance/Accounting with Inventory, Warehouse, Supply Chain, and Production teams, ensuring accurate inventory valuation and financial reporting while maintaining strong internal controls.
Food and BeverageRetail
Responsibilities
Work closely with the Operations team to implement and maintain effective inventory processes and controls and conduct regular validation and testing to ensure compliance and operational effectiveness
Reconcile inventory balances between the general ledger and subledgers/ERP systems (D365 Finance & Operation, Warehouse Management System (WMS), and Batory Manufacturing System (BMS)) for all manufacturing and distribution sites
Ensure GAAP compliance in inventory valuation (FIFO, Moving Average); support review of costing configurations in D365 F&O
Audit inventory costing; identify variances and execute correcting entries to support accurate financial reporting
Review 3rd Party Logistics (3PL) inventory reconciliations and ensure timely resolution of discrepancies
Monitor, validate, and record inventory adjustments (shrinkage, obsolescence, scrap, write-offs, returns), including review and approval for quantity and cost reasonableness
Maintain reporting for pending/unposted inventory adjustments
Partner with auditors and facility leadership during cycle counts, year-end physical counts, and 3PL inventory confirmations
Perform annual price testing for auditors
Support year-end packaging counts and prepare related journal entries
Support creation, review, and approval processes for BOMs in D365 and BMS
Ensure BOM accuracy for quantities, standard costs, scrap factors, substitution rules, and material specifications
Monitor and reconcile BOM updates to ensure correct cost roll-ups and postings
Validate and troubleshoot inventory postings triggered by BOM transactions (e.g., receipts, consumption)
Partner with production and warehouse teams to resolve posting errors such as negative inventory, incorrect accounts, or misclassified materials
Maintain and monitor standard costs; coordinate periodic cost roll-ups and updates
Analyze material usage variances, scrap, substitutions, and other BOM-related variances
Work with operations and supply chain on PPV (purchase price variance), manufacturing variances, and BOM cost accuracy
Develop and provide inventory related insights to management
Serve as the primary liaison between Finance, Production, Inventory/Warehouse, and Supply Chain
Ensure BOM and routing changes from operations are accurately reflected in costing and financial results
Provide finance and accounting training to operations personnel, including impacts of BOM postings on the general ledger
Translate operational events (production, scrap, rework, variances) into financial implications for leadership, including cost drivers
Partner with the Supply and Demand Planning team to develop and implement strategies that minimize dormant and expiring inventory and monitor progress to ensure these plans deliver measurable results
Qualification
Required
Bachelor's degree in Accounting, Finance, Supply Chain, or related field required
3–5+ years of experience in inventory accounting, cost accounting, manufacturing finance, or supply chain finance
Experience working in a manufacturing, distribution, or production environment required
Hands-on experience with ERP systems; Dynamics 365 Finance & Operations preferred
Experience with BOMs, routings, standard costing, and inventory reconciliations strongly preferred
Experience supporting or participating in physical counts, cycle counts, and audit processes
Demonstrated ability to work cross-functionally and resolve system/transactional discrepancies
Preferred
Hands-on experience with ERP systems; Dynamics 365 Finance & Operations preferred
Experience with BOMs, routings, standard costing, and inventory reconciliations strongly preferred
Company
Batory Foods
Batory Foods is a national food ingredients distributor.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Ronald Friedman
Chief Executive Officer
Alan Kessler
Chief Financial Officer
Recent News
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