Senior Inventory Accountant (Inventory & Fixed Assets)--Hybrid in Piscataway, NJ

Ensemble Performing Arts • Piscataway, NJ

46d • $85,000 - $90,000 • Hybrid

About The Position

Ensemble Performing Arts, a high-growth consolidator of performing arts businesses, is seeking a Senior Accountant – Inventory and Fixed Assets to play a key role in maintaining accurate accounting for the company’s musical instrument inventory, and fixed assets which includes musical instrument rental fleet, FF&E and LHI. This is a hybrid position, and the work schedule is full-time (40 hours per week). As the Senior Accountant, Inventory and Fixed Assets you will be responsible for inventory accounting for instrumentals held for sale including valuation, proper reporting of COGS and reserves. This position will also be responsible for the accounting for the music rental fleet which is considered as a fixed asset. This role will interface with the sales, operations and warehouse personnel in Piscataway, New Jersey.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field.
• 5–8 years of accounting experience, including 3+ years managing inventory and fixed assets.
• Strong understanding of GAAP, inventory valuation, and depreciation principles.
• Proficiency with accounting and ERP systems (e.g., NetSuite, QuickBooks).
• Advanced Excel skills (pivot tables, lookups, data validation).
• Detail-oriented, analytical, and proactive in identifying process improvements.
• Excellent communication skills and ability to collaborate across departments.

Nice To Haves

• Experience in a retail or rental-based business strongly preferred.

Responsibilities

• Oversee the accounting lifecycle of all rental instruments and equipment, including capitalization, depreciation, and disposals.
• Manage the rental inventory subledger, ensuring each asset is accurately recorded, tagged, and tracked between customers, schools, and service centers.
• Reconcile monthly physical counts with financial records and investigate variances with warehouse or district coordinators.
• Monitor inventory in circulation (rented out), in repair, and in storage, ensuring proper classification and valuation.
• Coordinate with operations to maintain asset condition and replacement schedules, reflecting write-offs or refurbishments in accounting records.
• Oversee rental revenue recognition and ensure COGS alignment for both school and individual rental programs.
• Support pricing analysis and asset utilization studies to guide purchasing and replacement decisions.
• Maintain the fixed asset register for facilities, technology, and warehouse equipment.
• Record acquisitions, transfers, disposals, and calculate monthly depreciation according to company capitalization policy.
• Review for asset impairments or retirements (e.g., instruments beyond repair, obsolescence).
• Coordinate annual fixed asset inventory audits and support insurance valuation processes.
• Prepare and post journal entries for inventory adjustments, depreciation, and asset disposals.
• Perform monthly reconciliations for inventory, prepaid instruments, repairs, and fixed asset accounts.
• Support monthly and quarterly close processes by providing detailed supporting schedules.
• Analyze inventory and fixed asset trends to identify variances, cost inefficiencies, or opportunities for improvement.
• Assist in annual audit preparation and provide requested documentation to auditors.
• Partner with School Services and Customer Accounts teams to ensure rental instruments are accurately recorded in both the financial and operational systems.
• Collaborate with Repair & Maintenance teams to ensure costs are properly capitalized or expensed.
• Work closely with Purchasing and Operations to improve asset lifecycle tracking (from acquisition to retirement).
• Recommend process improvements for inventory control, depreciation methods, and reporting automation.

Benefits

• The Senior Inventory Accountant will be eligible for PTO in accordance with Ensemble policies.
• Ensemble offers Health, Vision, & Dental benefits to all full time employees, and all employees are eligible for a 401K with employer match after 90 days of employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees