Director Corporate Accounting - Inventory & Assets

Director Corporate Accounting
- Inventory & Fixed Assets# Medline Careers## Director Corporate Accounting
- Inventory & Fixed Assets Apply:
Hybrid:
Northfield, Illinois:
Full time:
Posted Today:
R2620701
** Job Summary
** The Director of Accounting – Inventory & Fixed Assets is a critical leadership position within the Global Close and Accounting Operations team, with responsibility for the accounting, reporting, controls, and process governance for inventory, product costing, and fixed assets. The role leads teams supporting U.S. operations and partners globally to ensure accurate financial reporting, consistent application of U.S. GAAP, effective internal controls, and continuous improvement across these areas.
** Job Description
**** Leadership & Management:
*** Lead the Inventory, Product Costing, and Fixed Assets accounting teams in the U.S., fostering a culture of collaboration, continuous improvement, accountability, and high performance.
* Develop and mentor team members and people leaders, provide opportunities for growth and professional development, and ensure the team structure aligns with business needs. Establish clear, achievable goals and provide thoughtful, regular feedback that identifies development opportunities and recognizes successes.
* Collaborate on and lead key initiatives, system implementations, integrations, and process improvements cross-functionally and within the inventory, product costing, and fixed assets teams.
* Ensure the teams operate with effective internal controls and consistent accounting practices globally.
* Serve as a key contact for external and internal auditors in facilitating the Company’s quarterly reviews and annual audits for inventory, product costing, and fixed assets.
* Lead strategic, tactical, and operational planning for the function, including direct budgetary responsibility for the department and major projects or programs.
* Manage through multiple managers as applicable, including hiring, performance management, training and development, resource planning, work assignment, and consistent application of organizational policies.
** Inventory, Product Costing & Fixed Assets:
*** Oversee accounting, reporting, and governance for inventory, product costing, and fixed assets, ensuring accurate financial reporting and compliance with U.S. GAAP.
* Own the related close processes, including review of material journal entries, account reconciliations, reserves, standard costs, inventory valuation, capital expenditures, depreciation, and asset retirements or disposals.
* Analyze operating results, significant estimates, and accounting judgments; identify risks and recommend actions to improve accuracy, consistency, and efficiency.
* Partner with Operations, Supply Chain, Divisions, FP&A, Tax, Treasury, and other stakeholders to maintain ownership and understanding of key inventory, product costing, and fixed asset accounting processes.
* Lead process improvements, system implementations, integrations, and policy development affecting inventory, product costing, fixed assets, and the global close.
* Support business integrations and major initiatives by establishing consistent accounting practices, controls, and reporting for assigned areas.
** Compliance & Controls:
*** Ensure compliance with U.S. GAAP, SOX requirements, internal policies, and other relevant accounting standards and regulations for inventory, product costing, and fixed assets.
* Provide governance over account reconciliations, journal entry review and approval, accounting policies, and documentation of control evidence for assigned areas.
* Partner with the Global Internal Controls team and internal and external auditors; lead timely remediation of identified control design or execution gaps,…