Inventory Controller

Job Description

• Oversee and manage the process of inventory valuation, ensuring it complies with relevant accounting standards and company policies; analyze inventory levels, costs, and valuations to provide accurate financial reporting. • Perform detailed cost analysis and prepare reports that reflect monthly production costs and ending on-hand inventory costs; provide insights into inventory levels, trends, and cost-saving opportunities. • Participate in monthly, quarterly, and yearly closing activities related to inventory, ensuring accurate and timely financial statements. • Reconcile inventory accounts to the general ledger and resolve any discrepancies. • Maintain and review the standard costing methodology and rates, and ensure alignment with the current manufacturing process and accounting standards; analyze variances and update standard costs periodically. • Identify and implement improvements in inventory and costing processes to enhance efficiency, accuracy, and internal controls. • Collaborate with manufacturing, supply chain, quality departments to streamline inventory tracking and valuation methods. • Ensure compliance with accounting standards, maintain strong internal controls over inventory and participate in audits as required. • Manage the manufacturing systems and data reports to ensure these are compliant and accurate. • Perform periodic physical inventory count and book-to-physical inventory adjustments. • Own cost allocation framework for labor, depreciation, and manufacturing overhead. • Lead materials E&O process and related tasks to create proper documentation for audit. • Take a lead on IT systems and resources to design, build, and implement accounting processes at scale and develop efficiency and scalability across functional areas. • Cultivate ongoing training and talent development to create a culture of learning and mentorship.

Qualifications

• Bachelor’s degree in Accounting or Finance • 7+ years of experience in cost accounting in internal manufacturing environment • Strong understanding of GAAP and accounting principles related to inventory and cost of goods sold. • Proficient with ERP systems, preferably with NetSuite. • Excellent analytical, problem-solving, and communication skills. • Strong Excel skills. • Ability to work independently and as part of a team, managing multiple priorities.

Benefits

• Medical, Dental, and Vision • Commuter Benefits • Life & STD Insurance • Company match on 401 (k) • Flexible Time Off (FTO) • Equity