Charter Next Generation · 11 hours ago
Accounting Manager - Inventory
Chicago, IL
Full-time
Onsite
Senior Level
5+ years expCharter Next Generation is a company focused on sustainable packaging solutions and employee ownership. They are seeking an Accounting Manager - Inventory to lead inventory accounting and valuation, collaborate with various teams, and drive improvements in inventory accounting practices.
IndustrialIndustrial ManufacturingManufacturingPackaging ServicesPlastics and Rubber Manufacturing
Responsibilities
Serve as the primary finance leader for inventory accounting and valuation
Partner closely with S&OP, Supply Chain, and Operations Finance to interpret cost impacts of demand planning, production schedules, inventory strategies, and capacity decisions
Provide support to the accounting, operations finance and S&OP teams
Communicate financial insights clearly and proactively to senior leadership
Own the company’s LIFO accounting process, including layer management, calculations, inflation impact analysis, yearend trueups and coordination with the tax team
Ensure accurate, GAAP compliant inventory valuation across multiple manufacturing locations
Lead monthly, quarterly, and annual close processes related to inventory and COGS, including journal entries, reconciliations, and reserve calculations
Drive consistency and improvement in inventory accounting practices across the plant network including periodic cycle counting, annual physical inventory counts and the perpetual inventory system
Oversee and create standard costing and annual cost roll processes; partner with Operations and Supply Chain to ensure BOMs, routings, labor, and overhead rates are accurate and reflective of actual performance
Analyze in conjunction with the operations finance team material usage, manufacturing variances, scrap, labor efficiency, and production trends; lead cross functional conversations to address root causes
Strengthen inventory controls and documentation to support internal and external audits
Lead process improvement initiatives in cost accounting, inventory tracking, and reporting accuracy
Enhance costing tools, dashboards, and KPI reporting to improve visibility and drive decision-making
Support ERP/MRP enhancements related to costing, inventory workflows, and data integrity
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field required
5+ years of progressive cost accounting or manufacturing accounting experience
Deep knowledge of GAAP, inventory valuation, and standard costing
Demonstrated experience in working with LIFO accounting
Prior involvement in S&OP processes, including collaboration with demand and supply planning teams
Strong leadership, communication, and cross functional partnership skills
High proficiency with ERP systems and advanced Excel or analytics tools
Ability to simplify complex cost drivers and present insights to nonfinancial leaders
Continuous improvement mindset with strong problem-solving capabilities
Preferred
CPA or CMA preferred
multisite experience strongly preferred
Benefits
Employee Ownership – Become a company owner day 1!
Full medical, dental, and vision insurance upon hire
Holiday Pay
Paid vacation
401(k) with company match
Performance-based bonuses
Tuition reimbursement
Career advancement opportunities across 15+ facilities
Company
Charter Next Generation
Charter Next Generation is a manufacturer of monolayer, coextruded and barrier films, including stand-up pouch and flexible packaging films.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Kohlberg Kravis Roberts
2021-05-06Private Equity
2017-04-16Acquired
Leadership Team
Kathy Bolhous
CEO
Gregory Jorgensen
Chief Financial Officer
Recent News
2025-12-03
2025-09-24
Company data provided by crunchbase