Senior Accounting Manager

LHH; Austin (TX); Hybrid; USD 110,000 - 140,000; Full time

Benefits offered by this job

Hybrid work schedule

Health insurance

401(k) contribution

Job summary

LHH is seeking an Accounting Manager for our client in Austin. You will own inventory accounting, from valuation and costing to reserves and COGS, with a hands-on role that may grow to lead inventory accounting.

You will work closely with the Controller and external auditors during a strategic ERP transformation. The ideal candidate holds a CPA in good standing, with 6+ years in progressive accounting, and deep inventory costing and reconciliation experience in a high-volume environment.

Qualifications

• CPA license in good standing required
• 6+ years progressive accounting experience
• Strong hands-on inventory accounting in high-volume setting
• Deep understanding of inventory costing, reserves and subledger to GL reconciliations
• Solid month-end close, audit support and internal controls experience
• Experience with mid-market or enterprise ERP environments
• Ability to communicate with both accounting and operations teams

Responsibilities

• Take ownership of inventory accounting including valuation, costing, reserves and COGS
• Manage inventory reconciliations between subledger and general ledger
• Research and resolve discrepancies involving physical inventory and balances
• Review cycle counts and physical inventory results and ensure proper adjustments
• Evaluate slow-moving, excess and obsolete inventory and reserves
• Review inventory-related payables and three-way-match issues
• Prepare and review inventory journal entries and reconciliations
• Participate in monthly and year-end close processes
• Provide internal control guidance and interact with external auditors on inventory tests
• Develop reporting on inventory turns, aging, margins and purchasing trends
• Collaborate with purchasing, warehouse and operations on receiving and costing issues
• Support ERP transformation as accounting SME for inventory during conversion

Skills

Inventory costing

COGS

Audit support

Excel advanced

ERP experience

Education

CPA license

Tools

Advanced Excel

ERP systems

Job description

Our client is looking to add an Accounting Manager to their team. This is a newly created role reporting to the Controller. Initially, you’ll be a hands-on individual contributor and subject-matter expert, with the opportunity to take on leadership of the inventory accounting function as the team evolves.

What you’ll be responsible for

• Take ownership of accounting for inventory, including valuation, costing, reserves and COGS
• Manage inventory reconciliations between the subledger and general ledger
• Research and resolve discrepancies involving physical inventory, perpetual records and accounting balances
• Review cycle counts and physical inventory results and ensure adjustments are properly analyzed and recorded
• Evaluate slow-moving, excess and obsolete inventory and recommend appropriate reserves
• Review inventory-related payables, including received-not-invoiced accruals and three-way match exceptions
• Prepare and review inventory journal entries, account reconciliations and fluctuation analysis
• Play a key role in the monthly and year-end close process
• Maintain strong internal controls surrounding inventory and provide technical accounting guidance when needed
• Partner directly with external auditors on inventory testing, count observations and supporting schedules
• Develop reporting around inventory turns, aging, margins and purchasing trends
• Work closely with purchasing, warehouse and operations teams to address receiving, pricing and costing issues

ERP transformation

The company is transitioning to a new ERP system, making this an especially interesting time to join.

You won't be responsible for leading the implementation, but you will be the accounting subject-matter expert for inventory throughout the conversion. You'll help define accounting requirements, participate in testing, validate converted inventory data and help document new processes.

What we're looking for

• Active CPA license in good standing is required
• 6+ years of progressive accounting experience
• Strong, hands-on inventory accounting experience within a high-volume distribution, wholesale, manufacturing or similar inventory-heavy environment
• Deep understanding of inventory costing, reserves and subledger-to-GL reconciliations
• Solid month-end close, audit support and internal controls experience
• Advanced Excel skills
• Experience working within a mid-market or enterprise ERP environment
• Ability to communicate effectively with both accounting professionals and operational partners who may not have an accounting background

Even better if you have

• ERP implementation or conversion experience, particularly involving inventory or distribution
• Experience training, mentoring or leading accounting staff
• Distribution, utilities or other inventory-intensive industry experience

Why consider it?

• Hybrid flexibility: Approximately 2 days per week in the Austin office
• Work/life balance: A company that values sustainability, not constant fire drills
• Strong leadership: Report to a Controller who is known for developing her team
• Stability: Join an experienced, tenured accounting group
• Visibility: Inventory is a major balance sheet item, giving this position meaningful exposure within the organization
• Growth: Start as a hands-on subject-matter expert with the potential to eventually supervise the inventory accounting team
• Benefits: Strong overall benefits, including health insurance and employer 401(k) contribution