Senior Manager, Inventory & Cost Accounting

This is a fully remote position, open to applicants in Ohio, +3 more states.

📋 Description

• Oversee the inventory function for ARP North America shared services, supporting three Business Units and over 25 plants.

• Manage all facets of inventory accounting, encompassing resin pass-through arrangements, resin payables, resin inventory valuation, overhead costing, inventory policy, and internal controls.

• Serve as a change agent by recognizing and promoting best practices, implementing new requirements, and fostering process enhancements.

• Offer financial and economic guidance on matters related to inventory.

• Oversee resin accounting, which includes PPV calculation and valuation of resin inventory and payables.

• Maintain, evaluate, and analyze overhead costs associated with ending inventory.

• Collaborate with Commercial Finance on resin pricing and guarantee timely and accurate execution.

• Work with Procurement and Business Finance to assess impacts of resin prices, profitability, and savings analysis.

• Support and account for raw material derivatives in conjunction with Commercial Finance and procurement teams.

• Manage, review, and annually update cost standards for resin and other materials.

• Investigate resin market trends and communicate pricing updates and market fluctuations.

• Supervise monthly resin PPV forecasting and annual budgeting, including variance analyses and commentary.

• Collaborate with procurement on sourcing initiatives to ensure profitability and the integrity of financial modeling data.

• Lead special projects, process improvements, and M&A integration efforts, including system implementations.

• Establish, monitor, and enforce internal controls and ensure compliance with policies.

• Ensure that transactions accurately reflect the legal and tax frameworks of domestic and international subsidiaries.

• Assist with internal and external audits, quarterly reporting, and statutory closing requirements.

• Review and authorize journal entries and account reconciliations; ensure prompt and precise month-end reporting.

• Coordinate with Group Treasury to identify and manage foreign exchange risk.

• Lead, manage, and develop a team of three accounting professionals.

• Attract, retain, engage, motivate, and develop team talent.

⛳️ Requirements

• A Bachelor’s degree in Accounting or Finance is required.

• A Master’s degree in Accounting/Finance is preferred.

• CPA or CMA designation is preferred.

• 10-15+ years of progressively responsible experience in inventory/cost accounting within a large, complex, multi-location manufacturing environment.

• Preference will be given to candidates with experience in US Public Companies.

• Strong general accounting skills, with a comprehensive understanding of US GAAP inventory regulations and requirements.

• Strong aptitude for systems; preference will be given to candidates experienced with SAP ERP, SAP BPC, and SAP Business Objects.

• Good business acumen regarding commodity markets, particularly within the petro-chemical value chain.

• Proficient in Microsoft Office, particularly MS Excel.

• Understanding of financial statement interrelationships among the balance sheet, income statement, and cash flow statement.

• Proven experience in developing and modeling financial statements.

• Excellent verbal and written communication skills.

• A strong commitment to integrity and ethical standards.

• Professional demeanor with strong overall business insight.

• Effective team player with the ability to interact well with others.

• Capability to multitask, adhere to strict deadlines, and perform well under pressure.

• Willingness to travel occasionally (less than 5%).

🏝️ Benefits

• Medical, dental, and vision insurance plans.

• Flexible time off, starting at 80 hours of paid time annually for full-time salaried employees.

• Company-paid holidays starting at 8 days per year, which may vary by location.

• Wellbeing program and Employee Assistance Program.

• Health Savings Account/Flexible Spending Account.

• Life insurance, AD&D coverage, short-term and long-term disability, and optional benefits.

• Paid Parental Leave.

• Retirement Savings Plan with company matching contributions.

• Tuition Reimbursement (subject to approval).

• Discretionary annual bonus program (initial eligibility based on hire date).