Inventory Accountant

Novolex; Lake Forest (IL); Hybrid; USD 67,000 - 89,000; Full time

Benefits offered by this job

401(k) with company match

Medical, dental, and vision insurance

Paid time off

Parental leave

Job summary

Novolex is seeking a detail-oriented Inventory Accountant to join the Corporate Accounting team. Reporting directly to the Inventory Accounting Manager, this role is responsible for executing day-to-day inventory valuations, reconciling ledger accounts, and tracking plant-level data.

As a primary support resource, you will work closely with plant personnel to help implement standardized corporate workflows, resolve inventory variances, and maintain strong operational Internal controls.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 2–4 years of accounting experience in a manufacturing setting.
• Strong documentation practices and risk awareness.
• Proficiency with Microsoft Excel and ERP systems (SAP preferred).

Responsibilities

• Process, control maintenance, and ensure accurate reporting; reinforce SOPs at plant level.
• Monitor cycle counting workflows and verify counts and adjustments.
• Reconcile inventory sub-ledgers to the general ledger across plants/distribution centers.
• Coordinate Q4 physical inventory counts and ensure proper cut-off procedures.
• Track and report on SLOB/E&O inventory analysis and reserve calculations.
• Prepare roll-forwards, sampling docs, and transaction histories for audits.
• Operate high-volume inventory data management in SAP and other ERP systems.

Skills

Communication skills

Analytical thinking

Team collaboration

Attention to detail

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

SAP

Job description

Company Overview

Why Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Job Description

Job Summary

Novolex is seeking a detail-oriented and collaborative Inventory Accountant to join the Corporate Accounting team. Reporting directly to the Inventory Accounting Manager, this role is responsible for executing day-to-day inventory valuations, reconciling ledger accounts, and tracking plant-level data.

As a primary support resource, you will work closely with plant personnel to help implement standardized corporate workflows, resolve inventory variances, and maintain strong operational Internal controls.

Key Responsibilities

• Process & Control Maintenance: Execute daily, weekly, and monthly accounting procedures to ensure accuracy and reporting consistency; identify process bottlenecks at the plant level and assist the Manager in reinforcing standard operating procedures.
• Cycle Count Verification: Monitor plant-level cycle counting workflows, verifying that counts are performed consistently, documentation is complete, and inventory adjustments follow corporate approval protocols.
• Ledger Reconciliation: Perform reconciliations of inventory sub-ledgers to the general ledger across assigned manufacturing plants and distribution centers, investigating reconciling items immediately.
• Physical Count Support: Assist the Manager in coordinating Q4 physical inventory counts, including reviewing site-level cut-off procedures (shipping/receiving logs) to guarantee accurate financial year-end positioning.
• SLOB/Excess and Obsolete Reporting: Track, analyze, and compile monthly data feeds for slow-moving and obsolete (SLOB/E&O) inventory analysis, maintaining standard schedules used for corporate reserve calculations.
• Audit Preparation: Assemble and organize roll-forwards, sampling documents, and routine transaction histories to directly support internal and external audit inquiries.
• System Operations: Execute high-volume transaction tracking, and data management within SAP and various other ERP systems.

Required Qualifications & Skills

• Education: Bachelor’s degree in Accounting, Finance, or a related field.
• Experience: 2–4 years of accounting experience, with foundational familiarity working within a Manufacturing environment that prioritizes accurate internal workflows and system checks.
• Control Awareness: Comfort with standard accounting guardrails, risk awareness, and proper documentation practices.
• Technical Skills: Strong capabilities in Microsoft Excel (including pivot tables, data sorting, and logical formulas) to handle high volumes of transaction data.
• Systems Familiarity: Prior experience or foundational knowledge working within an ERP system like SAP or specialized accounting software is highly preferred.
• Communication: Strong interpersonal skills with the ability to confidently communicate procedural requirements and data discrepancies to both corporate leaders and plant floor staff.

A reasonable estimate of the current range is $66,800-$89,100 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program.

#INDSalaried

#LI-Hybrid

Company Benefits

What You'll Get From Us

Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact [e-mail].

Formerly Pactiv Evergreen