Inventory Accounting Manager

$115,000 - $135,000/Yr

Alo Yoga - Commerce, CA

Full-time - Mid Level

Commerce, CA

About the position

The Inventory Accounting Manager will oversee all aspects of inventory accounting, cost accounting, and inventory valuation for a large manufacturing entity. This role is crucial for managing monthly closing activities, conducting margin analysis, and collaborating with the Business Technology Solutions group to enhance processes and reporting.

Responsibilities

• Responsible for all accounting, reporting and analysis related to inventories, gross margins, and standard costs
• Work with Product, Sourcing and Logistics departments to establish accurate standard costs for all product styles
• Collaborate with Sales leadership and Category Managers to provide costing information for product pricing
• Continuously monitor inventory balances and report on inventory adjustments and cost of goods sold (COGS)
• Prepare and/or review monthly journal entries related to inventory and COGS
• Ensure proper valuation and reservation of inventories under US GAAP during monthly financial close
• Prepare and/or review monthly reconciliations for all inventory related accounts
• Document the Company's current end to end inventory processes
• Act as primary finance liaison in physical inventory counts and review monthly cycle count results
• Establish and maintain inventory and COGS related internal controls and assist in audits
• Monitor low margin, slow moving inventory and provide financial reporting to relevant departments

Requirements

• Minimum of 5 years of cost analysis experience in a complex manufacturing environment, preferably in the apparel industry
• Bachelor's degree in Finance or Accounting
• Strong cost systems background
• Excellent analytical skills
• Sound understanding of accounting principles, including expertise in standard costing
• Exceptional project management and presentation skills
• Experience with implementing ERP systems that support manufacturing
• CPA qualification preferred
• Effective and professional communication skills
• Ability to challenge conventional practices and innovate solutions
• Collaborative mindset to achieve common goals

Benefits

• Performance bonuses
• Long term incentives
• Paid time off (PTO)
• Progressive benefits