Inventory Accounting Controller

firstPRO, Inc; Newark (DE); Hybrid; USD 80,000 - 100,000; Full time

Job summary

A leading firm in Accounting seeks an Inventory Controller to manage inventory accounting functions. The ideal candidate should have a Bachelor's degree in Accounting or Finance, with CPA or CMA designation preferred, and at least 7 years of experience in inventory or cost accounting. This role offers a hybrid work model in Newark, DE, with approximately 25% domestic travel required.

Qualifications

• 7+ years of progressive experience in inventory/cost accounting.
• In-depth understanding of inventory valuation methodologies.

Responsibilities

• Manage all inventory accounting functions and month-end close.
• Establish and refine inventory policies and procedures.
• Evaluate and reconcile inventory reserves and obsolescence.
• Lead physical inventory counts and investigate discrepancies.
• Collaborate with Procurement and Operations teams.

Skills

Inventory management

Cost accounting

U.S. GAAP

Financial analysis

Education

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

CPA or CMA designation

Job description

Job Title: Inventory Controller

Location: Newark, DE (Hybrid – 3 days onsite)

Reports To: Assistant Controller

Responsibilities

• Direct and manage all inventory accounting functions, including standard costing, adjustments, and month-end close processes.
• Establish, document, and refine inventory policies and procedures to maintain timely and accurate transaction recording.
• Evaluate and reconcile inventory reserves, obsolescence, and shrinkage; recommend necessary adjustments and accruals.
• Lead and coordinate full physical inventory counts, cycle counts, and the investigation of discrepancies.
• Collaborate with Procurement and Operations teams to monitor usage trends, returns, and cost fluctuations.
• Review and confirm accuracy of Cost of Goods Sold (COGS) across equipment, materials, and consumables.
• Produce and deliver monthly and quarterly financial summaries, KPI dashboards, and variance analyses for executive review.
• Assist in system upgrades and process improvements related to ERP inventory and cost accounting functionality.
• Strengthen and maintain effective internal control frameworks surrounding inventory.
• Supervise, mentor, and develop team members within the inventory accounting function.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related discipline required; CPA or CMA designation strongly preferred.
• Minimum of 7 years of progressive experience in inventory or cost accounting within a multi-site service or manufacturing environment.
• Deep understanding of U.S. GAAP, inventory valuation methodologies, and standard costing principles.
• Approximately 25% domestic travel required.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing

Industries

• Accounting