Manager, Inventory Accounting

Veloxis Pharmaceuticals, Inc.; North Carolina; Hybrid; USD 95,000 - 105,000; Full time

Benefits offered by this job

Health and insurance benefits

Training and development opportunities

Performance-based bonus eligibility

Job summary

Veloxis Pharmaceuticals, Inc. is seeking a skilled accounting professional focused on inventory and close processes. You will ensure GAAP/IFRS compliance, manage inventory costs, and coordinate with Supply Chain to maintain accurate valuations and timely reporting.

The role requires strong Excel and ERP experience, with 5+ years in accounting and 3+ years in inventory accounting, preferably in pharma. Hybrid work, US-based, with base compensation in a competitive range.

Qualifications

• Bachelor’s degree in accounting; Master’s degree a plus.
• Minimum 5 years in an accounting role, preferably pharma.
• Minimum 3 years inventory accounting experience.
• CPA preferred.
• Strong knowledge of US GAAP; IFRS a plus.
• Proficient with Microsoft Dynamics 365 F&O or similar ERP.

Responsibilities

• Ensure GAAP/IFRS compliance and internal control adherence.
• Perform inventory-related GL reconciliations, accruals, COGS calculations and month/quarter-end close adjustments.
• Collaborate with Supply Chain to review costing methodologies and inventory valuation analyses.
• Monitor landed cost components and inventory valuation accuracy.
• Lead annual physical inventory procedures and reconciliations.
• Support supplier invoicing issues and ensure timely financial reporting.
• Manage budgeting/forecasting for inventory and gross margin.
• Contribute to process improvements and ERP system upgrades.
• Serve as main contact for audits on inventory.

Skills

GAAP knowledge

IFRS knowledge

Inventory accounting

Financial analysis

Auditing coordination

Microsoft Excel

MS Dynamics 365 F&O

Education

Bachelor’s degree in accounting

Master’s degree

CPA preferred

Tools

Microsoft Dynamics 365 F&O

ERP systems (AX/Great Plains)

Job description

Company

Veloxis Pharmaceuticals, Inc.

Job Description

This position contributes to the Company’s success by supporting a set of accounting activities to ensure compliance with US GAAP, IFRS, and corporate policies. This position has a heavy emphasis on inventory accounting, accounts payable to our inventory‑related suppliers and manufacturers, review of inventory balance sheet reconciliations, review of cost of goods sold calculations, monthly/quarterly/annual inventory closing activities, physical inventories, budgeting/forecasting/variance analyses related to inventory, financial statement audits, and Japanese SOX compliance. This position also supports technical accounting analyses as needed and serves as the main point of contact for internal and external auditors for inventory‑related items.

Summary of Key Responsibilities

• Abides by GAAP/IFRS standards, as applicable, and complies with the Company’s internal control and accounting policies.
• Timely performs inventory‑related general ledger account reconciliations, accruals, costs of goods sold calculations, and other necessary adjustments of journal entries for month/quarter‑end close.
• Partners with Supply Chain to review and maintain inventory costing methodologies, including standard cost updates, inventory valuation analyses, and implementation of product cost changes.
• Monitors landed cost components, including freight, duties, tariffs, and other supply chain costs, ensuring accurate accounting treatment and inventory valuation.
• Performs activities related to annual physical inventory procedures, including reconciliation of book to physical variances.
• Supports resolution of inventory‑related supplier invoicing, pricing, and receipt discrepancies to ensure accurate inventory valuation and timely financial reporting.
• Leads budgeting and forecasting for financial statement items related to inventory, including inventory balance sheet planning, costs of goods sold, and gross margin.
• Performs monthly variance analyses for actual inventory balance sheet and income statement results against budget.
• Monitors procedures to identify and suggest improvements/efficiencies in the accounting and closing processes related to inventory.
• Participates in the ongoing development/establishment of accounting policies and procedures and operational strategies, including the review and implementation of process and system changes.
• Participates in strategic financial projects, including upgrades to existing software and ERP systems.
• Serves as primary point of contact for internal and external audit processes related to inventory.
• Assists with Japanese SOX documentation and testing.
• Supports assessment of external service providers, including evaluation of SOC reports.
• Prepares technical accounting analyses as needed, including assessment of new accounting standards.
• Assists Supply Chain department in review of invoices from our inventory and manufacturing suppliers, assisting in resolving any quantity or pricing discrepancies, and working with accounts payable for timely payment of invoices.
• Engages in special projects and analyses, as assigned.

Required Qualifications and Skills

• Bachelor’s Degree in accounting; Master’s Degree, a plus
• Minimum of 5 years’ experience in an accounting role, preferably in the pharmaceutical industry
• Minimum of 3 years’ experience in inventory accounting
• CPA preferred
• Requires strong knowledge of and hands‑on experience with Microsoft Dynamics 365 F&O or similar Microsoft‑based ERP system (AX or Great Plains)
• Past experience working within a virtual manufacturing environment, including collaboration with CMOs, CDMOs, and 3PL partners, a plus
• Strong knowledge of US Generally Accepted Accounting Principles (GAAP); IFRS, a plus
• Strong analytical and problem‑solving skills, with process improvement mindset
• Strong verbal and written communication skills
• Ability to work in a dynamic, fast‑paced environment with shifting priorities to meet tight month‑end deadlines
• Proficiency in MS Office Suite, with emphasis on advanced MS Excel skills

Benefits

• Health and insurance benefits
• Training and development opportunities
• Performance‑based bonus eligibility

The annual base compensation range for this role is $95,000 - $105,000*.

#Hybrid #LI-AS1

As an equal opportunity employer, Asahi Kasei believes a diverse workforce will provide us with the ability to continuously support the changes in the economy, society, and environment.

As an equal opportunity employer, Asahi Kasei believes a diverse workforce will provide us with the ability to continuously support the changes in the economy, society, and environment.

Asahi Kasei in North America emphasizes recruiting key talent within the region.

Part of our mission is to be a good corporate citizen, dedicating our time to employees, customers, and communities around us.

As an employer, Asahi Kasei offers a comprehensive benefits package, growth opportunities throughout our companies, and a diverse environment to enhance your career.

About Asahi Kasei

The Asahi Kasei Group contributes to life and living for people around the world. Since its foundation in 1922, Asahi Kasei has consistently grown through the proactive transformation of its business portfolio to meet the evolving needs of every age. With more than 46,000 employees around the world, the company contributes to a sustainable society by providing solutions to the world's challenges through its three business sectors of Material, Homes, and Health Care.

In North America, Asahi Kasei currently has over 23 business units and 10,000 employees.

Our People

Asahi Kasei recognizes that our people are our greatest strength. We operate with an emphasis on developing our employees and promoting from within. Our broad spectrum of companies within the Material, Homes, and Health Care sectors allows employees to collaborate across locations and industries. The possibilities for employees will continue to grow as we accelerate new business activity internally and externally through mergers and acquisitions.