Senior Inventory Accountant
Listed on 2026-01-14
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Finance & Banking
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Accounting
Cost Accountant
Senior Inventory Accountant
At Batory Foods, we encourage our team to Bring YOU, Every Day because true success starts with the ability to be yourself and letting your unique talents shine. Since 1979, the heart of our success has been our people. The Friedman family established a legacy of generosity, warmth, and respect. And with core values like Invest in Relationships and Be Relentless About Improvement, each member of our team consistently strives for excellence to uphold that legacy—whether it’s related to employee experience, our processes, or the customer journey.
Join our team today and help us build a better tomorrow together.
The Sr. Inventory Accounting & Operations Liaison bridges Finance/Accounting with Inventory, Warehouse, Supply Chain, and Production teams. This role ensures accurate inventory valuation, financial reporting, and alignment between Bills of Material (BOM)/production activities and accounting standards. The position is critical in maintaining strong internal controls, reliable cost data, and seamless cross‑functional communication.
Responsibilities Financial Reporting & Controls- Work closely with the Operations team to implement and maintain effective inventory processes and controls and conduct regular validation and testing to ensure compliance and operational effectiveness.
- Reconcile inventory balances between the general ledger and subledgers/ERP systems (D365 Finance & Operation, Warehouse Management System (WMS), and Batory Manufacturing System (BMS)) for all manufacturing and distribution sites.
- Ensure GAAP compliance in inventory valuation (FIFO, Moving Average); support review of costing configurations in D365 F&O.
- Audit inventory costing; identify variances and execute correcting entries to support accurate financial reporting.
- Review 3rd Party Logistics (3PL) inventory reconciliations and ensure timely resolution of discrepancies.
- Monitor, validate, and record inventory adjustments (shrinkage, obsolescence, scrap, write-offs, returns), including review and approval for quantity and cost reasonableness.
- Maintain reporting for pending/unposted inventory adjustments.
- Partner with auditors and facility leadership during cycle counts, year‑end physical counts, and 3PL inventory confirmations.
- Perform annual price testing for auditors.
- Support year-end packaging counts and prepare related journal entries.
- Support creation, review, and approval processes for BOMs in D365 and BMS.
- Ensure BOM accuracy for quantities, standard costs, scrap factors, substitution rules, and material specifications.
- Monitor and reconcile BOM updates to ensure correct cost roll‑ups and postings.
- Validate and troubleshoot inventory postings triggered by BOM transactions (e.g., receipts, consumption).
- Partner with production and warehouse teams to resolve posting errors such as negative inventory, incorrect accounts, or misclassified materials.
- Maintain and monitor standard costs; coordinate periodic cost roll‑ups and updates.
- Analyze material usage variances, scrap, substitutions, and other BOM‑related variances.
- Work with operations and supply chain on PPV (purchase price variance), manufacturing variances, and BOM cost accuracy.
- Develop and provide inventory related insights to management.
- Serve as the primary liaison between Finance, Production, Inventory/Warehouse, and Supply Chain.
- Ensure BOM and routing changes from operations are accurately reflected in costing and financial results.
- Provide finance and accounting training to operations personnel, including impacts of BOM postings on the general ledger.
- Translate operational events (production, scrap, rework, variances) into financial implications for leadership, including cost drivers.
- Partner with the Supply and Demand Planning team to develop and implement strategies that minimize dormant and expiring inventory and monitor progress to ensure these plans deliver measurable results.
- Bachelor’s degree in Accounting, Finance, Supply Chain, or related field required.
- 3–5+ years of experience in inventory accounting, cost accounting,…
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