Manager, Inventory Cost Accounting

Brother International Corporation • Memphis, TN

5d • $91,000 - $111,000 • Hybrid

About The Position

The Manager, Inventory Cost Accounting is responsible for managing cost accounting, inventory accounting, and cost analysis to support accurate financial reporting and strategic decision-making. This role ensures the integrity of cost data and provides insights to strengthen cost and reporting capabilities. The Inventory Cost Accounting Manager partners cross-functionally with other Finance teams and business stakeholders, such as Sales, Supply Chain, and warehouse teams, to deliver meaningful insights and continuous improvement opportunities.

Requirements

• Bachelor's Degree (or equivalent experience) Accounting or Finance
• Minimum 8 years Comprehensive cost accounting and inventory experience in a manufacturing or inventory heavy environment
• Certified Management Accountant (CMA)
• Microsoft Office applications (Excel, Word, PowerPoint, and Access)
• Cost accounting experience within a large ERP system (SAP/Oracle)
• Strong inventory technical knowledge
• Knowledge and application of Generally Accepted Accounting Principles (GAAP), inventory accounting standards cost accounting methodologies, and internal controls procedures
• Ability to maintain a positive attitude, with a willingness to roll up sleeves and get the work done
• Proactive action-focused problem-solving skills
• Excellent communication skills to effectively convey complex financial information to non-financial stakeholders to enhance understanding
• Strong data analysis skills with ability to articulate key drivers and present conclusions on findings
• Strong attention to detail
• Ability to maintain a continuous improvement mindset
• Highly organized and able to manage multiple projects simultaneously and act with resolve in a complex environment

Responsibilities

• Prepare/analyze/reconcile weekly, monthly & quarterly inventory reporting for both internal use and Japan requirements including, but not limited to on-hand inventory levels, in-transit inventory and royalties
• Develop monthly and ad-hoc analysis of inventory-related reconciliations and financial statements
• Create and maintain standard costs including raw materials, labor, and overhead
• Perform Quarterly reviews of all standard costs for the cost rollup
• Analyze manufacturing cost variances which would include: Purchase Price Variance (PPV), material usage, and labor variances
• Support internal and external audits
• Collaborate cross functionally to support decision making, improve cost performance, and provide guidance to internal stakeholder
• Monitor, track and provide metric reporting for zero value, slow moving, and obsolete inventory and participate in monthly inventory review/reduction meetings
• Maintain accuracy of all inventory cost records and Cost of Sales reporting through periodic reviews/testing such as LOCOM analysis, SKU revaluation and all inventory reserves
• Review and reconcile monthly AP inventory accruals and work with the Inventory A/P team to clear aged goods receipts/invoice receipts
• Support year-end physical inventories which could include warehouse mapping, test counts, reconciliations, and roll-forward schedules
• Drive continuous improvement initiatives to optimize cost accounting processes, enhance data accuracy, and strengthen reporting capabilities
• Partner with Supply Chain, Warehouse, Procurement, and Finance teams to streamline operations and automation efforts
• Lead/drive continuous improvement in the cost estimation processes in collaboration with sales, supply chain and warehouse management teams

Benefits

• We offer a comprehensive benefits package with diverse plan options to meet your family's needs, including health, vision, and dental insurance—all effective from day one of employment.
• Under our 401(k) retirement savings plan, we match up to 100% of the first 4% of employee contributions, with employer matches vesting immediately.
• Additionally, we offer an educational assistance program that reimburses up to 100% of tuition, lab fees, textbooks, and other related expenses for qualifying programs.

What This Job Offers

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