David · 4 hours ago
Inventory Accounting Manager
New York, NY
Full-time
Onsite
Mid, Senior Level
$120K/yr - $145K/yr
5+ years expDavid is a breakout food brand focused on high-protein foods, led by CEO Peter Rahal. The Inventory Accounting Manager will own the end-to-end inventory accounting close, ensuring accurate inventory valuation and COGS reporting, while collaborating closely with cross-functional teams to improve processes and deliver insights.
Food and BeverageManufacturingNutrition
Responsibilities
Own the inventory and COGS components of the monthly close, including journal entries, reconciliations, rollforwards, and variance analyses
Ensure inventory, COGS, and margin reporting are accurate, timely, and compliant with US GAAP and internal policies
Prepare inventory and margin-focused reporting to support consolidated financial statements and management packages
Partner with the Controller to continuously improve close processes, documentation, and controls as the company scales
Serve as the first dedicated inventory accounting hire, owning end-to-end inventory accounting across raw materials and finished goods
Collaborate closely with Procurement, Manufacturing, and Fulfillment teams across the Supply Chain to ensure accurate accounting for co-manufacturing, freight, warehousing, and fulfillment costs
Own inventory valuation and COGS accounting in NetSuite using average costing, including landed cost capitalization and variance analysis
Maintain inventory integrity across internal systems and external partners (co-manufacturers and 3PLs), including inventory reconciliations and discrepancy resolution
Lead physical inventory counts and cycle count programs, including coordination with 3PLs and contract manufacturers
Build and maintain channel-level COGS and margin reporting (e.g., Retail, DTC, Wholesale) and ensure transactions are recorded appropriately in NetSuite to support omnichannel analysis
Design, implement, and maintain inventory accounting policies, procedures, and internal controls, including those related to inventory valuation, reserves, and counts
Strengthen SOX-ready controls and documentation around inventory and COGS as the business grows
Act as a NetSuite subject-matter expert for inventory and costing workflows, identify and implement system and process improvements to support scale and reporting needs
Support audits by preparing inventory-related schedules and serving as a key point of contact for auditors and external advisors
Translate inventory and margin data into actionable insights for leaders across Supply Chain, Marketing, Retail, and Finance
Proactively surface risks, trends, and opportunities related to inventory levels, shrink, cost inflation, and gross margin performance
Support strategic initiatives such as new channel launches, pricing changes, new co-manufacturers or 3PLs, and system enhancements
Partner closely with Finance to align inventory and COGS actuals with forecasts and business planning
Qualification
Required
5+ years of experience in accounting or finance roles, with experience in a high-growth or CPG environment strongly preferred
Strong technical foundation in US GAAP with deep experience in inventory and COGS accounting
Hands-on experience with NetSuite inventory accounting
Solid understanding of inventory accounting in a CPG, manufacturing, or inventory-heavy environment, including experience with co-manufacturers and/or 3PLs
Bachelor's degree in Accounting or a related field
High attention to detail with a strong sense of ownership and accountability
Self-starter who enjoys building processes from the ground up and operating in a fast-paced environment
Clear and confident communicator able to explain inventory and margin concepts to non-finance stakeholders
Excitement about helping build an early-stage CPG company with a mission to help people increase muscle and decrease fat
Benefits
Company equity opportunity
100% covered Health, Vision, Dental Insurance
401(k) with 4% match
Additional perks, such as covered gym expenses
Substantial and required PTO
Company
David
David is a food-tech firm focused on creating high-protein, low-calorie, blood-sugar-friendly foods.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$85MKey Investors
GreenoaksPeter Rahal
2025-05-29Series A· $75M
2024-08-20Seed· $10M
Leadership Team
Zach Ranen
President and Cofounder
Recent News
2025-10-09
Food Business News
2025-08-21
2025-08-13
Company data provided by crunchbase