Inventory Accounting Manager

ZT Group Intl, Inc. dba ZT Systems; Secaucus (NJ); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive base salary

Performance-based annual bonus eligibility

401(k) retirement savings plan

Tuition reimbursement

Comprehensive medical, dental, and vision coverage

Mental health resources

Paid time off (PTO)

Company-paid life and disability insurance

Job summary

ZT Group Intl, Inc. dba ZT Systems is looking for an Inventory Accounting Manager to ensure the integrity of inventory financial data, manage the accounting for inventory, and ensure compliance with US GAAP.

This role involves coaching a team and participating in reconciliations and investigations as required. The ideal candidate will have experience with SAP and possess a strong attention to detail, ensuring all inventory processes are compliant and accurate.

Competitive salary, benefits, and growth opportunities are offered.

Qualifications

• 7 - 10 years experience required.
• Good communication skills and capable of working independently.
• Attention to detail is essential.

Responsibilities

• Oversee the accounting for inventory and cost of goods sold.
• Prepare and review monthly journal entries related to inventory.
• Ensure inventories are valued appropriately under US GAAP.

Skills

Communication skills

Attention to detail

Proficiency in SAP

Education

Bachelor’s degree in Accounting

Tools

SAP

Job description

Overview

The Inventory Accounting Manager is responsible for the integrity of the inventory financial data for a large division of the Company. This role oversees the end-to-end accounting for inventory, cost of goods sold, and margin analysis. You will be the primary subject matter expert on US GAAP compliance regarding inventory valuation, ensuring that global operating territories for the division are reconciled and that variances are analyzed to drive business profitability. This is a hands‑on people manager role: you’ll both manage and coach the team and be directly involved in complex investigations, reconciliations, and escalations.

Key Responsibilities

• Responsible for all accounting, reporting, and analysis related to inventories, gross margins, and standard costs.
• Prepare and review monthly journal entries related to inventory and COGS, including recording inventory movement, accruals for inventory in transit, and the capitalization of freight and tariffs.
• Ensure inventories are properly valued and appropriately reserved under US GAAP (including evaluations for slow‑moving, excess, and obsolete stock) in conjunction with the monthly financial close.
• Ensure liabilities related to inventory purchases are properly stated, gross margins are accurate, and any significant variances between budgeted and actual margins are investigated and explained to management.
• Prepare and review monthly reconciliations for all inventory‑related accounts across all global operating territories.
• Identify and analyze key cost drivers of variances between standard and actual costs and take proactive action to improve cost accuracy.
• Partner with Product and Sales Managers to establish and maintain accurate standard product costs.
• Develop and deliver reporting that provides clear visibility into major cost components, such as product, duty, and freight, to enable informed business decisions.
• Understand and document the division’s current end‑to‑end inventory processes to ensure operational transparency.
• Build and manage a strong set of internal controls for our new division.
• You will lead the effort to create SOX‑compliant processes from scratch to make sure our financial reporting is accurate and is compliant.
• Act as the primary finance liaison in physical inventory counts, review monthly cycle count results, and investigate variances as needed.
• Establish and maintain inventory and COGS‑related internal controls and assist in preparing necessary documentation for internal and external auditors.
• Work with IT to automate accounting processes and assist with cost testing required for ERP patches, fixes, or system issues.

Qualifications

• Good communication skills and someone capable of working on their own.
• Someone that pays a great deal of attention to detail.
• Essential application proficiency in: SAP and other systems.
• A Bachelor’s degree in Accounting from an Accredited University is required.
• 7 - 10 years experience required.

Benefits

• Competitive base salary
• Performance‑based annual bonus eligibility
• 401(k) retirement savings plan
• Tuition reimbursement for eligible education programs
• Comprehensive medical, dental, and vision coverage with access to leading providers
• Mental health resources and employee wellness support programs
• Company‑paid life and disability insurance
• Paid time off (PTO) and company‑paid holidays
• Parental leave and family care support programs
• Structured training programs and on‑the‑job learning opportunities
• Matching gifts and volunteer programs to support causes you care about

Equal Opportunity & EEO Statement

ZT Group Int’l. is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.

ZT Systems provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Please be aware that certain positions may require the applicant to either 1) be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or 2) be eligible to obtain an export control license or license exception from the Bureau of Industry and Science & U.S. Department of Commerce. All offers of employment will be conditional subject to the foregoing.