Senior Inventory Accounting Manager
Leesburg, VA
Category: Administrative
Reference ID: 10061736
Shortcut: http://addisongroup.gosnaphop.com/tclC2i
Job Title: Senior Inventory Accounting Manager
Location: Leesburg VA - hybrid
Employment Type: Full-Time
Seniority Level: Manager / Senior Manager
Salary: $175k-180k / year (depending on experience)
Benefits: This position is eligible for Medical, Dental, Vision and 401K match.
About the Role
We’re seeking a Senior Inventory Accounting Manager to lead all inventory-related accounting activities and ensure the accuracy, integrity, and optimization of our inventory processes. This leader will partner cross-functionally with Operations, Supply Chain, FP&A, and Manufacturing to drive visibility, efficiency, and strategic decision-making around inventory management and cost of goods sold (COGS).
This is a high-impact role for a detail-oriented, analytical accounting professional excited to build processes, solve problems, and support a growing business.
Key Responsibilities:
Inventory Accounting & Analysis
- Oversee all inventory accounting activities, including valuation, reserves, standard costing, and monthly inventory close.
- Ensure accurate and timely reporting of COGS, purchase price variances, overhead absorption, and inventory adjustments.
- Monitor cycle counts and physical inventory results; analyze discrepancies and implement corrective actions.
- Own reconciliation of inventory sub-ledgers to the general ledger.
- Lead month-end close for inventory-related accounts and support financial statement preparation.
Cross-Functional Collaboration
- Partner with Operations, Supply Chain, and Manufacturing to monitor material usage, scrap, variances, and production processes.
- Provide insights and reporting on inventory trends, risks, and opportunities.
- Support implementation or optimization of ERP systems, inventory modules, and related technology.
Process Improvement & Controls
- Develop and enhance internal controls around inventory, fixed assets, and cost accounting.
- Identify opportunities to streamline and automate manual accounting processes.
- Create and maintain inventory accounting policies, SOPs, and documentation.
Leadership
- Manage and mentor staff responsible for inventory accounting and cost accounting.
- Provide training to operational teams on inventory control and accounting best practices.
- Act as the primary point of contact for internal and external auditors on inventory-related matters.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred).
- 7+ years of progressive accounting experience with a strong focus in inventory or cost accounting.
- Experience in manufacturing, CPG, retail, distribution, or supply chain-driven organizations required.
- Strong knowledge of GAAP, inventory valuation methods (FIFO, standard cost, weighted average), and cost accounting concepts.
- Hands-on experience with ERP systems (NetSuite, SAP, Oracle, Workday, Microsoft Dynamics, etc.).
- Advanced Excel skills (pivot tables, VLOOKUPs, models).
- Excellent analytical, communication, and leadership skills; able to translate data into insights.
Why This Role?
- Opportunity to step into a high-impact, leadership-level position.
- Work closely with operations and supply chain leadership to influence strategy.
- Make a measurable difference through process improvement and visibility into business performance.
- Strong pathway for advancement as the organization scales.
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