Director Corporate Accounting - Inventory & Fixed Assets

Medline; Chicago (IL); On-site; USD 177,000 - 266,000; Full time

Benefits offered by this job

Health insurance

401(k) contributions

Paid time off

Job summary

Medline is seeking a Director of Accounting - Inventory & Fixed Assets to lead the U.S. Inventory, Product Costing, and Fixed Assets teams within the Global Close and Accounting Operations group. You will drive accurate financial reporting under U.S.

GAAP, strengthen internal controls, and govern processes across global operations. The role requires 8+ years in U.S. GAAP accounting with inventory, costing, and fixed assets, plus 4+ years of people management in a multinational environment.

Qualifications

• Bachelor’s degree in Accounting, Finance, or Business.
• CPA required.
• At least 8 years of accounting experience focused on U.S. GAAP accounting, reporting, and analysis.
• At least 4 years of direct people-management experience.
• Experience in a large multinational company with complex operations.
• Extensive internal controls and SOX experience.
• Broad U.S. GAAP expertise and advanced knowledge of accounting practices.

Responsibilities

• Lead the Inventory, Product Costing, and Fixed Assets accounting teams in the U.S., fostering collaboration and high performance.
• Develop and mentor team members and people leaders, provide growth opportunities.
• Collaborate on initiatives, system implementations, and process improvements cross-functionally.
• Ensure strong internal controls and consistent accounting practices globally.
• Serve as key contact for auditors for quarterly reviews and annual audits.
• Manage budget and strategic planning for the function.

Skills

GAAP accounting

People management

Cross-functional

Excel advanced

SOX compliance

Education

Bachelor’s degree in Accounting

CPA

MBA

Tools

SAP

AS400

QAD

Oracle EPM Cloud

Job description

Job Summary

The Director of Accounting - Inventory & Fixed Assets is a critical leadership position within the Global Close and Accounting Operations team, with responsibility for the accounting, reporting, controls, and process governance for inventory, product costing, and fixed assets. The role leads teams supporting U.S. operations and partners globally to ensure accurate financial reporting, consistent application of U.S. GAAP, effective internal controls, and continuous improvement across these areas.

Leadership & Management

Lead the Inventory, Product Costing, and Fixed Assets accounting teams in the U.S., fostering a culture of collaboration, continuous improvement, accountability, and high performance. Develop and mentor team members and people leaders, provide opportunities for growth and professional development, and ensure the team structure aligns with business needs. Establish clear, achievable goals and provide thoughtful, regular feedback that identifies development opportunities and recognizes successes. Collaborate on and lead key initiatives, system implementations, integrations, and process improvements cross-functionally and within the inventory, product costing, and fixed assets teams. Ensure the teams operate with effective internal controls and consistent accounting practices globally. Serve as a key contact for external and internal auditors in facilitating the Company’s quarterly reviews and annual audits for inventory, product costing, and fixed assets. Lead strategic, tactical, and operational planning for the function, including direct budgetary responsibility for the department and major projects or programs. Manage through multiple managers as applicable, including hiring, performance management, training and development, resource planning, work assignment, and consistent application of organizational policies.

Inventory, Product Costing & Fixed Assets

Oversee accounting, reporting, and governance for inventory, product costing, and fixed assets, ensuring accurate financial reporting and compliance with U.S. GAAP. Own the related close processes, including review of material journal entries, account reconciliations, reserves, standard costs, inventory valuation, capital expenditures, depreciation, and asset retirements or disposals. Analyze operating results, significant estimates, and accounting judgments; identify risks and recommend actions to improve accuracy, consistency, and efficiency. Partner with Operations, Supply Chain, Divisions, FP&A, Tax, Treasury, and other stakeholders to maintain ownership and understanding of key inventory, product costing, and fixed asset accounting processes. Lead process improvements, system implementations, integrations, and policy development affecting inventory, product costing, fixed assets, and the global close. Support business integrations and major initiatives by establishing consistent accounting practices, controls, and reporting for assigned areas.

Compliance & Controls

Ensure compliance with U.S. GAAP, SOX requirements, internal policies, and other relevant accounting standards and regulations for inventory, product costing, and fixed assets. Provide governance over account reconciliations, journal entry review and approval, accounting policies, and documentation of control evidence for assigned areas. Partner with the Global Internal Controls team and internal and external auditors; lead timely remediation of identified control design or execution gaps, including action plans, control creation, evidence development, and accountability. Identify opportunities to streamline and standardize processes and controls, improve sustainability, and reduce the risk of control failure across global operations. Develop and deliver training to reinforce consistent understanding and application of accounting requirements, controls, policies, and documentation expectations.

Minimum Job Requirements

• Bachelor’s degree in Accounting, Finance, or Business.
• CPA required.
• At least 8 years of accounting experience focused on U.S. GAAP accounting, reporting, and analysis, including significant experience with inventory, product costing, and fixed assets.
• At least 4 years of direct people-management experience, including hiring, developing, motivating, and directing employees; experience coaching and leading other people managers.
• Experience in a large, multinational company with complex operations and cross-functional accounting processes.
• Extensive internal controls and SOX experience, including remediation and change management.
• Broad U.S. GAAP expertise and advanced knowledge of accounting practices, controls, systems, and process optimization.
• Excellent attention to detail and strong communication skills, with the ability to manage competing priorities, adapt to change, and communicate effectively at multiple levels of the organization.
• Proven success leading cross-functional projects, driving change, and serving as a trusted business partner.
• Advanced Microsoft Excel skills, including IF and SUMIF(S) functions, index/match, and pivot tables.

Preferred Qualifications

• Master’s degree in Accounting or MBA.
• Previous experience as a corporate or divisional controller and experience managing an offshore or global team.
• SAP, AS400, and QAD experience; SAP and system implementation experience strongly preferred.
• Consolidation system experience, such as Oracle EPM Cloud.
• IFRS experience.

Salary & Benefits

The anticipated salary range for this position: $177,000.00 - $266,000.00 Annual. The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.

• Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average.
• For roles where employees work less than 30 hours per week, benefits include 401(k) contributions, paid time off, as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp.

Company Culture & Diversity

We’re dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best.

Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.

To learn more about how Medline makes healthcare run better, visit www.medline.com.

Headquartered in Northfield, Illinois, the company employs more than 43,000 people worldwide and operates in more than 100 countries and territories.

Medline is the largest provider of medical-surgical products and supply chain solutions serving all points of care. Through its broad product portfolio, resilient supply chain and leading clinical solutions, Medline helps healthcare providers improve their clinical, financial and operational outcomes.