Inventory Accounting Manager

The Merrill Company•Spencer, IA

About The Position

For almost 100 years, Arnold Motor Supply has been a leading distributor and retailer of automotive replacement parts, accessories, and equipment with 80 locations across the Midwest. We are recognized as a Top Workplace year after year because we keep it simple – our employees and customers are the most important part of everything we do. We have a work environment in which “team” matters; we are driven to accomplish what needs done, individually and together. We care about each other and want to ensure that everyone has an opportunity to grow and develop.

Requirements

5+ years of progressive accounting experience, with strong focus on inventory accounting, cost accounting, or distribution environments.
Strong knowledge of GAAP and inventory valuation methods (FIFO, LIFO, weighted average).
Ability to partner cross-functionally with operations and finance leadership.
Strong communication and organizational skills.
Detail-oriented with high level of accuracy and accountability.

Nice To Haves

Experience in warehouse, manufacturing, or multi-location distribution strongly preferred.

Responsibilities

Lead accounting best practices for the ongoing and active management of approximately $40 million in annual inventory purchasing.
Collaborate closely with Distribution and Product management to develop, implement and manage highly effective inventory management and purchasing processes and procedures.
Ensure appropriate metrics are in place and accurately reported to support effective decision making for related functions within Distribution and Product teams.
Play lead role in establishing and managing accounting functions related to company inventory and purchasing.
With VP of Distribution, spearhead physical inventory processes and procedures.
Develop and implement Standard Operating Procedures for functional areas and maintain strong internal controls over inventory transactions and reporting.
Approve stock invoices and changeover credits.
Manage inventory accounting processes, including valuation, reserves, adjustments, and reconciliations to ensure inventory transaction in accordance with GAAP and company policy.
Manage purchasing compliance with Alliance protocols.
Manage operations to ensure compliance with cycle counting and reconciliation procedures.
Investigate inventory discrepancies and implement corrective actions.