Inventory Accountant

Creative Financial Staffing (CFS); Libertyville (IL); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Flexible work schedules

Access to learning opportunities

Supportive work environment

Mentorship programs

Job summary

A leading company seeks a detail-oriented Inventory Accountant to oversee inventory management and financial reporting. The role provides opportunities for professional growth within a collaborative environment, influencing financial performance significantly. Candidates should have a Bachelor's degree and 2-4 years of relevant experience.

Qualifications

• 2–4 years of accounting experience with a focus on inventory and cost accounting.
• Strong understanding of inventory management and COGS analysis.
• Knowledge of GAAP and cost accounting principles.

Responsibilities

• Manage inventory accounting processes and reconciliations.
• Ensure accurate costing and valuation of inventory.
• Collaborate with supply chain and operations teams.

Skills

Attention to Detail

Analytical Skills

Organizational Skills

Education

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

Tools

SAP

Oracle

NetSuite

Microsoft Excel

Job description

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Creative Financial Staffing (CFS) provided pay range

This range is provided by Creative Financial Staffing (CFS). Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$80,000.00/yr - $100,000.00/yr

Inventory Accountant

$80,000 to $100,000

Overview

We are seeking a detail-oriented Inventory Accountant to oversee inventory management, cost accounting, and reporting. This role will ensure accurate inventory valuation, support financial reporting, and collaborate with operations and supply chain teams to optimize inventory processes and controls.

Why Work Here

• Impactful Role: Play a key role in maintaining the accuracy and efficiency of our inventory system, directly influencing financial performance
• Collaborative Environment: Work closely with a diverse team across operations, supply chain, and finance to drive business improvements
• Work-Life Balance: Enjoy flexible work schedules and a supportive, balanced work environment
• Professional Growth: Access to learning opportunities, mentorship, and potential for career advancement in a growing company
• Company Stability: Join a well-established company with a strong reputation and steady growth in the industry
  
  

Key Responsibilities

• Manage inventory accounting processes, including monthly and year-end inventory reconciliations
• Ensure accurate costing and valuation of inventory, including standard cost updates, cost of goods sold (COGS) analysis, and inventory adjustments
• Reconcile physical inventory counts with the general ledger and investigate discrepancies
• Support month-end close process, ensuring accurate and timely reporting of inventory-related financials
• Analyze inventory trends, perform margin analysis, and identify opportunities for cost control
• Collaborate with supply chain, purchasing, and operations teams to improve inventory accuracy and efficiency
• Assist with internal and external audits, ensuring compliance with inventory-related controls and procedures
• Maintain and improve inventory reporting tools, systems, and processes
• Support the implementation of new inventory systems or process improvements as needed
  
  

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field
• 2–4 years of accounting experience with a focus on inventory, cost accounting, or manufacturing
• Strong understanding of inventory management, costing methods (e.g., FIFO, LIFO, weighted average), and COGS analysis
• Proficient in accounting software (e.g., SAP, Oracle, NetSuite) and Microsoft Excel
• Excellent attention to detail and organizational skills
• Strong analytical skills and ability to work cross-functionally with operations and supply chain teams
• Knowledge of GAAP and cost accounting principles
  
  

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

• Industries

  Accounting

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