Director Corporate Accounting - Inventory & Fixed Assets

Medline Industries, LP•Northfield, IL
•$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 leads U.S. teams responsible for inventory, product costing, and fixed assets, and partners with global stakeholders to ensure accurate financial reporting, consistent application of U.S. GAAP, effective internal controls, and continuous process improvement. The director oversees accounting, reporting, and governance for inventory, product costing, and fixed assets, including related close processes and review of material journal entries, reconciliations, reserves, standard costs, inventory valuation, capital expenditures, depreciation, and asset retirements or disposals. The role analyzes operating results, estimates, and accounting judgments; partners with Operations, Supply Chain, Divisions, FP&A, Tax, Treasury, and other stakeholders; and leads process improvements, system implementations, integrations, policy development, and support for business integrations. The position leads and develops teams and people managers, establishes goals and provides regular feedback, and manages hiring, performance, training, resource planning, work assignments, and departmental budgets. It also leads strategic, tactical, and operational planning for the function and serves as a key contact for internal and external auditors. The director ensures compliance with U.S. GAAP, SOX requirements, internal policies, and other applicable standards and regulations. The role governs reconciliations, journal entry review and approval, accounting policies, and control documentation; partners with the Global Internal Controls team and auditors to remediate control gaps; and develops training and standardizes processes and controls 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; 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, set goals, provide regular feedback, and align team structure with business needs.
  • Manage hiring, performance management, training and development, resource planning, work assignments, and consistent application of organizational policies, including management through multiple managers as applicable.
  • Lead cross-functional and team 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 direct budgetary responsibility for the department and major projects or programs.
  • Oversee accounting, reporting, and governance for inventory, product costing, and fixed assets in compliance 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.
  • Lead process improvements, system implementations, integrations, and policy development 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 control evidence documentation.
  • Partner with Global Internal Controls and auditors to remediate control design or execution gaps, including action plans, control creation, evidence development, and accountability.
  • Identify opportunities to streamline and standardize processes and controls, improve sustainability, and reduce control-failure risk across global operations.
  • Develop and deliver training on accounting requirements, controls, policies, and documentation expectations.

Benefits

  • Competitive total rewards package.
  • Continuing education and training.
  • Health insurance for employees working 30 or more hours per week on average.
  • Life and disability insurance for employees working 30 or more hours per week on average.
  • 401(k) contributions.
  • Paid time off.
  • For employees working less than 30 hours per week, access to the Employee Assistance Program, Employee Resource Groups, and Employee Service Corp.
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