Director of Inventory Accounting

OVERVIEW

Manage all aspects of inventory accounting, cost accounting, COGS and inventory valuation for a large manufacturing and retail entity. This includes analyzing specifications, labor, material costs, machinery/equipment and services offered to support the production cost process. This would also include responsibility for all monthly closing activity and margin analysis. Another critical aspect of the job will be to work with our IT group on process/reporting improvements.

RESPONSIBILITIES  

• Plans, studies and collects data to determine costs of business activity – i.e., raw material purchases, inventory and labor
• Analyzes changes to product design, materials, manufacturing methods or services provided to determine impacts to cost
• Records cost information for use in controlling expenditures
• Manages the external audit as it relates to inventory valuation and COGS 
• Makes estimates of new proposed product costs in collaboration with Production
• Provides leaders and peers with reports specifying and comparing factors affecting prices and profitability of product services
• Assist with month end close, margin analysis and inventory valuation
• Sets up and maintains cost control systems
• Defines and creates standard product pricing methodologies and structures for proposal estimation
• Analyzes how individual client projects affect the company’s overall production capacity
• Stays updated on all regulatory changes and understands the impact on production
• Collaborates with the Production on researching new equipment, adopting new technologies and making recommendations for improvement opportunities
• Analyze retail store shrink and related reserves
• Manages all aspects of the annual/cycle physical inventory counts

QUALIFICATIONS

• Minimum of 12 years of inventory accounting experience in a manufacturing and/or retail environment, preferably in the apparel industry
• Bachelor’s degree in Finance or Accounting. Masters or MBA desirable
• Strong cost systems background
• Excellent analytical skills
• Sound understanding of accounting principals
• Exceptional project management skills and presentation skills
• Effectively communicate clearly, professionally, politely and persuasively in all situations; respond well and in a reasonable, timely manner
• Challenge conventional practices and use creativity and information to lead, innovate, problem solve, and implement ideas to contribute to the growth of the organization
• Collaborates with co-workers to achieve common goals

The base salary range for this position is $150,000-$200,000 per year which represents the current range for the base salary for this exempt position. Please note that actual salaries will vary based on factors including but not limited to location, experience, and performance. As such, on occasion and when applicable, there is the possibility that the final, agreed-upon base salary may be outside of the upper end of the range. Please also note the range listed is just one component of the company’s total rewards package for exempt employees. Other rewards may include performance bonuses, long term incentives, a PTO policy, and many other progressive benefits.