Senior Manager Inventory Accounting
Company: Amplify
Location: Brooklyn
Posted on: April 24, 2024
Job Description:
A pioneer in K-12 education since 2000, Amplify is leading the
way in next-generation curriculum and assessment. Our core and
supplemental programs in ELA, math, and science engage all students
in rigorous learning and inspire them to think deeply, creatively,
and for themselves. Our formative assessment products help teachers
identify the targeted instruction students need to build a strong
foundation in early reading and math. All of our programs provide
educators with powerful tools that help them understand and respond
to the needs of every student. Today, Amplify serves more than 10
million students in all 50 states. For more information,
visitamplify.com.As we continue to expand our operations, we are
seeking a talented and experienced Senior Manager of Inventory
Accounting to join our finance team and play a pivotal role in
driving our success. You will be responsible for overseeing all
aspects of inventory accounting, cost analysis, and financial
reporting related to our inventory operations. Reporting to the
Assistant Controller, you will build and lead a team of skilled
professionals and collaborate closely with cross-functional
departments to ensure the accuracy, efficiency, and optimization of
our inventory management processes.Responsibilities:
- Oversee the reconciliation of inventory ledgers on a monthly
basis, ensuring accuracy and completeness.
- Lead the month-end close process, including reviewing material
and production variances, and reconciling inventory-related
liabilities.
- Establish and maintain internal controls on accounting
processes.
- Collaborate with internal stakeholders, including supply chain,
logistics, and production teams, to streamline workflows and drive
continuous improvement in inventory and cost accounting
processes.
- Strengthen end-to-end inventory processes and reporting.
- Analyze inventory for potential excess and obsolete
reserves.
- Partner with operations teams to understand product costs,
variance drivers, and optimize inventory management practices.
- Train, supervise and develop a team of accounting
professionals, providing guidance, coaching, and support to ensure
their success and professional growth.
- Develop and implement process improvements to improve
efficiency.
- Drive the use of data analytics tools to identify cost
reduction opportunities and improve inventory forecasting
accuracy.
- Present analysis results and recommendations to senior
management, supporting informed decision-making and strategic
planning initiatives.
- Support external audit processes, including providing necessary
documentation and liaising with auditors as needed.Qualifications:
- Bachelor's degree in accounting or finance, CPA preferred.
- Prior public accounting experience preferred.
- Minimum of 8-12 years of progressive experience in inventory
accounting or related roles.
- Advanced knowledge of US GAAP, inventory valuation methods and
cost accounting principles.
- Proven leadership skills with experience building, managing and
developing a team.
- Ability to think strategically and drive process improvements
to enhance efficiency and accuracy.
- Excellent analytical and problem-solving skills, with
meticulous attention to detail.
- Effective communication and interpersonal skills, with the
ability to collaborate cross-functionally and influence key
stakeholders.
- Ability to thrive in a fast-paced, dynamic environment and
adapt to changing priorities.Desired Skills:
- Advanced proficiency in Microsoft Excel, Access, and data
analytics tools such as MS Access, Power BI, Alteryx and
Tableau.
- Proficiency with ERP systems, with experience in Netsuite or
similar platforms preferred.
- Knowledge of internal control best practices.
- Passion for continuous learning and professional
development.Why Join Us: We are building a dynamic and innovative
team dedicated to driving success at Amplify. As a Senior Manager
of Inventory Accounting, you will have the opportunity to make a
significant impact on our financial operations, contribute to our
growth strategy, and advance your career in a supportive and
collaborative environment.If you are a motivated and experienced
professional looking for a challenging opportunity to lead and
innovate in revenue accounting, we encourage you to apply and join
us on our journey of success!What we offer:Salary is only one
component of the Amplify Total Rewards package, which includes a
lucrative 401(k) plan, competitive health insurance and mental
health options, basic life insurance, paid time off, parental
leave, and access to best-in-class development programs. The gross
annualized salary range for this role is $144,000 - $170,000. This
role is eligible to receive an annual discretionary bonus that
rewards individual and company performance.We celebratediversityand
are committed to creating an inclusive environment for all
employees. To that end, we seek to recruit, develop and retain the
most talented people from adiversecandidate pool.Amplify is an
Equal Opportunity Employer of Minorities, Females, Protected
Veterans and Individuals with Disabilities.This position may be
funded, in whole or in part, through American Recovery &
Reinvestment Act funds.Amplify Education, Inc. is an E-Verify
participant.
Keywords: Amplify, Yonkers , Senior Manager Inventory Accounting, Executive , Brooklyn, New York
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