Senior Inventory Accountant

Bristow Group•Houston, TX

About The Position

The Senior Inventory Accountant ensures the integrity, completeness, and accuracy of accounting information by recording, verifying, consolidating, and entering transactions in the Subledgers and General Ledger. The role supports the monthly close through journal entries, account reconciliations, financial analysis, and cross-functional coordination to ensure accurate inventory valuation, cost accounting, and financial reporting while maintaining strong internal controls. The position owns complex inventory and maintenance accounting processes in a global environment and partners across functions to support accurate financial reporting, internal controls, and timely month-end close execution.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field.
Minimum of 6 years of progressive accounting experience.
Strong General Ledger accounting experience within an ERP environment.
Experience accounting for inventory, maintenance, and supply chain transactions in a complex business environment.
Working knowledge of U.S. GAAP and IFRS, particularly as they relate to inventory accounting, reserves, valuation, amortization, and cost accounting.
Experience operating in a global organization with multiple legal entities, international operations, and foreign currency transactions.
Advanced proficiency in Microsoft Office applications, particularly Excel, including data analysis, reconciliations, and financial modeling.
Strong analytical, problem-solving, and investigative skills, including the ability to identify, research, and resolve complex accounting discrepancies and reconciliation issues.
Ability to independently manage multiple priorities, meet critical deadlines, and deliver accurate results in a fast-paced environment.
Strong ownership and accountability, with a proactive approach to resolving issues and driving process improvements.
Effective communication skills, including the ability to articulate financial information, summarize findings, and present recommendations to management and cross-functional stakeholders.
Ability to build productive working relationships across Finance, Supply Chain, Maintenance, Operations, and external business partners.
Collaborative approach and willingness to support cross-training initiatives and provide coverage for team members as needed.
Strong organizational skills, ability to prioritize competing demands, and attention to detail and accuracy.
Professional and approachable demeanor and ability to work effectively with internal and external stakeholders.
Ability to identify risks, escalate issues appropriately, and recommend practical solutions.
Commitment to continuous improvement, internal controls, compliance, and financial reporting excellence.

Nice To Haves

Progressive accounting experience in aviation, aerospace, maintenance, supply chain, energy services, or other asset-intensive industries.
SAP and Dynamics 360 experience.

Responsibilities

Lead monthly inventory and maintenance accounting close activities, ensuring accurate and timely financial reporting.
Manage inventory reserve accounting, including reserve analysis, amortization, excess and obsolete inventory reviews, and supporting management documentation.
Prepare and review journal entries related to inventory, maintenance, consignment inventory, repairables, accruals, intercompany transactions, and amortization activities.
Administer manufacturer buy-in and intangible asset amortization programs, including Leonardo, Pratt & Whitney, Safran, and Sikorsky agreements.
Manage Power-by-the-Hour (PBH) accounting activities, including accrual calculations, provisions, invoice reconciliation, contract minimum tracking, flight-hour analysis, and vendor agreement accounting.
Review inventory valuation, direct material consumption (DMC), core charges, price differences, stock transfer orders, repairables, supplier suspense accounts, and inventory aging to ensure accurate account balances.
Perform inventory, maintenance, and supply chain account reconciliations and investigate variances, discrepancies, and unusual transactions.
Coordinate and review inventory reserve analysis, including quarterly excess and obsolete inventory assessments with Finance and Supply Chain leadership.
Oversee consignment inventory accounting, including usage reporting, accruals, rebills, fee calculations, reconciliations, and vendor settlements.
Perform RAMCO and ERP system interface reconciliations and tie-outs, ensuring completeness and accuracy of inventory and maintenance transactions across systems.
Review and clear GR/IR balances, intercompany transactions, currency clearing accounts, and other balance sheet reconciling items.
Prepare inventory location reporting, inventory analysis reports, inventory adjustments, and scrap accounting transactions.
Manage tooling, capital inventory, pre-operating costs, and asset retirement activities to ensure proper accounting treatment and compliance with accounting policies.
Coordinate operating company billings, maintenance expense allocations, inventory recharges, and intercompany settlements.
Perform monthly balance sheet and income statement analysis and provide management commentary explaining key financial results and variances.
Support external and internal audit requests by preparing supporting schedules, reconciliations, analysis, and documentation.
Drive continuous process improvements related to inventory accounting, maintenance accounting, system integrations, financial controls, and reporting efficiencies.
Partner with Supply Chain, Operations, Maintenance, Procurement, Tax, and Finance teams to ensure accurate accounting treatment and compliance with company policies and accounting standards.