Accounting Manager of Inventory Process

Job Description

Job Description

We are looking for an experienced Accounting Manager to oversee inventory-related accounting processes in the hospitality industry. The ideal candidate will manage compliance, ensure accurate financial reporting, and lead a team dedicated to maintaining operational efficiency. This role involves close collaboration with supply chain and operations teams to drive improvements and ensure the integrity of inventory accounting.

Responsibilities :

• Supervise the month-end close process, including journal entries, account reconciliations, variance analysis, and detailed reporting.
• Conduct thorough reviews of monthly financial reports, ensuring accuracy in variance explanations and material journal entries.
• Oversee inventory reserve accounting, including quarterly reviews and presenting findings to senior leadership.
• Collaborate with supply chain and operations teams to identify and resolve inventory reconciliation issues.
• Lead initiatives to enhance inventory systems and streamline accounting workflows for improved efficiency.
• Manage and mentor the accounting team, providing guidance on daily activities such as inventory bookings and adjustments.
• Ensure compliance with accounting standards and internal controls across all inventory-related processes.
• Act as a subject matter expert for inventory systems, providing insights and recommendations for improvements.
• Partner with internal audit teams to address compliance issues and identify opportunities for process enhancements.
• Build strong relationships with internal departments and external partners to ensure accurate and transparent reporting.
• Bachelor’s degree in Accounting, Finance, or a related field; advanced certifications are a plus.
• At least 7 years of progressive accounting experience, with a focus on inventory accounting in the hospitality or related industries.
• Strong knowledge of US GAAP and internal control processes.
• Proven leadership experience, including managing and developing accounting teams.
• Excellent problem-solving skills, with the ability to handle multiple priorities in a dynamic environment.
• Proficiency in Oracle or similar accounting systems is preferred.
• Exceptional communication and presentation skills, with the ability to collaborate across departments and present to executives.
• Demonstrated expertise in variance analysis, inventory reserves, and process improvement initiatives.