Director Corporate Accounting - Inventory & Fixed Assets

Medline • Northfield, MN

6d • $177,000 - $266,000

About The Position

The Director of Accounting – Inventory & Fixed Assets is a leadership role within the Global Close and Accounting Operations team. The position is responsible for accounting, reporting, controls, and process governance for inventory, product costing, and fixed assets. The Director leads U.S. teams and partners with global stakeholders to support accurate financial reporting, consistent application of U.S. GAAP, effective internal controls, and ongoing process improvement.

The role oversees the accounting teams and their development, establishes goals, provides feedback, and manages resources and budgets. It leads close processes and reviews material journal entries, account reconciliations, reserves, standard costs, inventory valuation, capital expenditures, depreciation, and asset retirements or disposals. The Director analyzes operating results, estimates, and accounting judgments, and partners across the business on accounting processes, initiatives, integrations, and system implementations.

The Director ensures compliance with U.S. GAAP, SOX requirements, internal policies, and other applicable standards and regulations. The position works with internal controls teams and auditors, leads remediation of control gaps, and develops training and documentation to promote consistent accounting practices across global operations.

Requirements

• Bachelor’s degree in Accounting, Finance, or Business.
• CPA required.
• At least 8 years of accounting experience focused on U.S. GAAP accounting, reporting, and analysis, including significant experience with inventory, product costing, and fixed assets.
• At least 4 years of direct people-management experience, including hiring, developing, motivating, and directing employees; experience coaching and leading other people managers.
• Experience in a large, multinational company with complex operations and cross-functional accounting processes.
• Extensive internal controls and SOX experience, including remediation and change management.
• Broad U.S. GAAP expertise and advanced knowledge of accounting practices, controls, systems, and process optimization.
• Excellent attention to detail and strong communication skills, with the ability to manage competing priorities, adapt to change, and communicate at multiple organizational levels.
• Proven success leading cross-functional projects, driving change, and serving as a trusted business partner.
• Advanced Microsoft Excel skills, including IF and SUMIF(S) functions, index/match, and pivot tables.

Nice To Haves

• Master’s degree in Accounting or MBA.
• Previous experience as a corporate or divisional controller.
• Experience managing an offshore or global team.
• SAP, AS400, and QAD experience; SAP and system implementation experience are strongly preferred.
• Consolidation system experience, such as Oracle EPM Cloud.
• IFRS experience.

Responsibilities

• Lead the U.S. Inventory, Product Costing, and Fixed Assets accounting teams and foster collaboration, continuous improvement, accountability, and high performance.
• Develop and mentor team members and people leaders, establish goals, provide feedback, and align team structure with business needs.
• Lead cross-functional initiatives, system implementations, integrations, and process improvements.
• Ensure effective internal controls and consistent global accounting practices.
• Serve as a key contact for internal and external auditors during quarterly reviews and annual audits.
• Lead strategic, tactical, and operational planning, including department and major-project budgets.
• Manage through multiple managers as applicable, including hiring, performance management, training and development, resource planning, and work assignment.
• Oversee accounting, reporting, and governance for inventory, product costing, and fixed assets in accordance with U.S. GAAP.
• Own related close processes, including review of material journal entries, account reconciliations, reserves, standard costs, inventory valuation, capital expenditures, depreciation, and asset retirements or disposals.
• Analyze operating results, significant estimates, and accounting judgments; identify risks and recommend improvements to accuracy, consistency, and efficiency.
• Partner with Operations, Supply Chain, Divisions, FP&A, Tax, Treasury, and other stakeholders on assigned accounting processes.
• Develop policies and lead process improvements, implementations, and integrations affecting assigned areas and the global close.
• Support business integrations and major initiatives by establishing consistent accounting practices, controls, and reporting.
• Ensure compliance with U.S. GAAP, SOX requirements, internal policies, and other relevant standards and regulations.
• Govern account reconciliations, journal entry review and approval, accounting policies, and documentation of control evidence.
• Partner with the Global Internal Controls team and auditors; lead timely remediation of control design or execution gaps.
• Identify opportunities to streamline and standardize processes and controls, improve sustainability, and reduce control-failure risk.
• Develop and deliver training on accounting requirements, controls, policies, and documentation expectations.

Benefits

• Competitive total rewards package.
• Continuing education and training.
• Health insurance for eligible employees.
• Life insurance for eligible employees.
• Disability insurance for eligible employees.
• 401(k) contributions.
• Paid time off.
• Employee Assistance Program, Employee Resource Groups, and Employee Service Corp for employees working less than 30 hours per week.

What This Job Offers

• Job Type: Full-time
• Career Level: Director