Senior Inventory Accountant

ICON Consultants, LP; Leesburg (VA); Hybrid; USD 45,000 - 65,000; Full time

Benefits offered by this job

Hy-bid schedule

Job summary

ICON Consultants, LP in Leesburg, VA seeks a Senior Inventory Accountant for a contract role (Nov 2026–Mar 2027) to own inventory accounting activities, month-end close, reconciliations, variance analysis, and standard costing. You'll partner with operations, supply chain, and FP&A, helping shape processes in a new team.

The position requires a BS in business, 4+ years in accounting (2+ in inventory), strong US GAAP knowledge, and experience with BOMs and production order costing.

Qualifications

• Bachelor’s degree in a business-related field.
• 4+ years progressive accounting experience, including at least 2 years in inventory accounting.
• Strong understanding of US GAAP, inventory valuation, and cost flows.
• Familiarity with standard costing, bills of materials, and production order accounting.
• Ability to analyze large data sets, identify trends, and communicate insights clearly.
• Excellent attention to detail and organizational skills.
• Strong interpersonal and cross-functional communication skills.

Responsibilities

• Perform monthly inventory accounting close activities, including journal entries, reconciliations, and inventory and COGS reporting.
• Analyze inventory transactions and variances, including purchase price, manufacturing, scrap, and cycle count variances.
• Monitor inventory movement across manufacturing sites, third-party warehouses, third-party logistics providers (3PLs), and field locations.
• Maintain and reconcile the inventory sub-ledger to the general ledger, and investigate and resolve discrepancies.
• Partner with operations and supply chain to ensure accurate product costing and inventory valuation.
• Support the annual physical inventory and cycle count processes in line with internal controls and regulatory standards.
• Prepare and analyze inventory-related reports for management and FP&A.
• Assist with standard cost updates and the annual standard cost roll.
• Support quarterly and year-end external audits by preparing schedules and responding to audit requests.
• Recommend and implement process improvements to improve accuracy, efficiency, and compliance.
• Support fixed asset management by tracking capitalized inventory equipment and coordinating with the fixed asset accountant.
• Ensure compliance with SOX and internal control requirements and with applicable FDA and ISO standards.

Skills

Inventory accounting

US GAAP

Variance analysis

Cross-functional communication

Education

Bachelor’s degree in business-related field

Job description

Location: Leesburg, VA (Hybrid: onsite Tuesday-Thursday)

Employment Type: Contract (W2)

Duration: November 2026 - March 2027

Pay Rate: $40/hour

Job Overview

Our client, a medical device manufacturer, is building a new accounting team in Leesburg, VA, and is looking for a Senior Inventory Accountant to join it. This role owns inventory accounting activities, including month-end close, reconciliations, variance analysis, and standard costing. You’ll work closely with operations, supply chain, and FP&A. Because the team is new, there’s real opportunity to help shape processes and drive improvements.

Key Responsibilities

• Perform monthly inventory accounting close activities, including journal entries, reconciliations, and inventory and COGS reporting.
• Analyze inventory transactions and variances, including purchase price, manufacturing, scrap, and cycle count variances.
• Monitor inventory movement across manufacturing sites, third-party warehouses, third-party logistics providers (3PLs), and field locations.
• Maintain and reconcile the inventory sub-ledger to the general ledger, and investigate and resolve discrepancies.
• Partner with operations and supply chain to ensure accurate product costing and inventory valuation.
• Support the annual physical inventory and cycle count processes in line with internal controls and regulatory standards.
• Prepare and analyze inventory-related reports for management and FP&A.
• Assist with standard cost updates and the annual standard cost roll.
• Support quarterly and year-end external audits by preparing schedules and responding to audit requests.
• Recommend and implement process improvements to improve accuracy, efficiency, and compliance.
• Support fixed asset management by tracking capitalized inventory equipment and coordinating with the fixed asset accountant.
• Ensure compliance with SOX and internal control requirements and with applicable FDA and ISO standards.

Required Qualifications

• Bachelor’s degree in a business-related field
• 4+ years of progressive accounting experience, including at least 2 years in inventory accounting
• Strong understanding of US GAAP, inventory valuation, and cost flows
• Familiarity with standard costing, bills of materials, and production order accounting
• Ability to analyze large data sets, identify trends, and communicate insights clearly
• Excellent attention to detail and organizational skills
• Strong interpersonal and cross-functional communication skills

Preferred Qualifications

• Experience in a SOX-compliant, FDA-regulated environment

Work Authorization

Candidates must be authorized to work in the United States.