Inventory Accountant

FIT•Austin, TX

2d•Onsite

About The Position

We are looking for an Inventory Accountant to join F45’s Finance & Accounting Team at its headquarters in Austin, TX. Reporting to our Sr. Manager, Accounting, the individual selected for this role will be responsible for inventory accounting across all channels, including owned inventory, consignment, and drop-ship models. The Inventory Accountant’s position is critical to ensuring accurate inventory valuation, strong reconciliation processes, and scalable accounting operations in a high-volume, multi- entity environment. The role will also manage multi-currency inventory transactions and inter-company journal entries, ensuring accurate consolidation and alignment across entities.

Requirements

4+ years of relevant accounting experience
Demonstrated experience in inventory accounting within high-volume environments
Experience with multi-currency accounting and intercompany transactions
Strong reconciliation, analytical, and problem-solving skills
Experience with ERP systems (NetSuite mandatory)
Working knowledge of: Inventory flows and movement analysis
Working knowledge of: Drop-ship and consignment models
Working knowledge of: Cost accounting fundamentals
Foundational knowledge of: ASC 606 (Revenue Recognition)
Foundational knowledge of: ASC 330 (Inventory)
Foundational knowledge of: ASC 250 (Accounting Changes and Error Corrections)
Foundational knowledge of: ASC 270 (Interim Reporting)
Foundational knowledge of: ASC 705 (Cost of Sales and Services)

Nice To Haves

CPG or consumer products industry experience
Multi-entity and multi-currency accounting exposure
Proven ability to partner cross-functionally with operations teams

Responsibilities

Manage end-to-end inventory accounting across multiple channels
Perform physical-to-GL reconciliations and ensure completeness and accuracy
Analyze inventory movement and resolve discrepancies across ERP and 3PL systems
Maintain accurate inventory balances across multiple entities and currencies
Enforce adherence to inventory SOPs across 3PL partners
Prepare and review inventory-related journal entries, accruals, and reconciliations
Record and reconcile multi-currency inventory transactions, including FX revaluation impacts
Prepare, post, and reconcile inter company journal entries related to inventory flows
Support month-end close with strong tie-outs and variance analysis
Maintain audit-ready documentation and support audit requests
Utilize NetSuite to manage inventory accounting and drive automation initiatives
Identify process improvement opportunities and strengthen internal controls
Support scaling of accounting processes alongside business growth
Act as a key liaison between Accounting and Supply Chain.
Provide inventory insights and support operational decision-making