Inventory Accounting Manager

Accounts Payable & Inventory Accounting Manager

Location: Horsham, PA — Onsite Schedule: Monday–Friday, 8:00 AM–5:00 PM

The Accounts Payable & Inventory Accounting Manager leads the accounting function responsible for inventory-related accounts payable transactions within a high-volume distribution environment. This role oversees purchase order, receipt, and invoice matching activities; receiving and pricing discrepancies; vendor reconciliations, credits and rebates; COGS variance activity; and related financial exceptions.

The Accounts Payable & Inventory Accounting Manager provides leadership to a multi-level team and partners closely with Purchasing, Warehouse Operations, Receiving, Inventory Control, and Finance to ensure the accuracy and financial integrity of inventory-related vendor transactions.

This role requires strong Accounts Payable and accounting experience combined with an understanding of inventory transaction flows. The ideal candidate is focused on exception resolution, financial controls, team development, and continuous process improvement while operating in accordance with Turn 14 Distribution, Inc.'s Core Values and corporate philosophy.

• Embody Turn 14 Distribution, Inc. Core Values every day.

• Lead the Inventory Accounting team to ensure accurate and timely reconciliation of inventory-related vendor invoices, credit memos, purchase orders, receipts, and associated financial transactions.

• Hire, train, coach, and develop employees to strengthen team performance, capability, engagement, and retention in partnership with Human Resources.

• Manage team workload and priorities to support fluctuations in receiving volume, business activity, and operational demands.

• Complete performance assessments and goal setting for direct reports while overseeing the quality and consistency of performance management activities throughout the department.

• Serve as the primary escalation point for vendor, pricing, receiving, reconciliation, and inventory-related financial discrepancies.

• Partner with Purchasing, Warehouse Operations, Receiving, Inventory Control, and Finance to ensure the accurate and timely recording of inventory-related transactions and resolution of operational exceptions.

• Oversee purchase order, receipt, and invoice matching activities and related exception management, including GRPO, receiving discrepancies, vendor statement reconciliations, unidentified items, invoice exceptions, and investigations.

• Monitor open purchase orders, receiving discrepancies, and related exceptions; collaborate with stakeholders to identify root causes and implement corrective actions.

• Monitor vendor aging and resolve outstanding invoices, credits, discrepancies, and reconciliation items.

• Resolve and report recurring pricing and terms discrepancies in partnership with Accounting and Purchasing leadership.

• Monitor and manage COGS variance activity, identify recurring trends, and partner with stakeholders to implement corrective actions.

• Develop and maintain processes to ensure timely identification, collection, and application of vendor credits, rebates, and stock returns.

• Monitor vendor prepayments and early-pay discount opportunities and coordinate appropriate actions with internal stakeholders.

• Partner with Finance leadership to support month-end close activities, reconciliations, inventory-related exception resolution, and financial reporting requirements.

• Support internal and external audit activities related to inventory and vendor accounting operations.

• Drive continuous improvement across inventory accounting, vendor reconciliation, receiving validation, and transaction matching processes through process redesign, automation, and effective operational controls.

• Maintai…