Inventory Accountant

UNLEASH YOUR POTENTIAL

Company Overview:

Leidos is an innovation company rapidly addressing the world’s most vexing challenges in national security and health. At Leidos, we collaborate to create smarter technology solutions for customer in heavily regulated industries. Our mission, vision, and values are demonstrated by our employees each and every day they are helping our customers execute on important missions on the front lines of the world's most complex markets.

Our values are embodied by our employees.

We are in search of a motivated, experienced, and innovative Inventory Accountant to join our Corporate Accounting Team (CAT) team, which primarily operates in a virtual environment but has a strong presence in several hub locations, including Reston - VA, Tucson - AZ, and Huntsville - AL. As a core member of the CAT team, you will play a valuable part in supporting and executing a wide range of projects and programs.

A successful candidate will manage multiple priorities in a fast-paced environment while collaborating with a team and providing top level customer service. This role will be primarily remote with potential for in-office engagement training activities, and onsite inventory visits.

The Controller’s Organization will support the Mission, Vision and Values of Leidos in a collaborative, transformational and inclusive team environment with the goals of delivering accurate financial results while maintaining a high standard of transparency and compliance for our stakeholders.

Are you ready to make an impact? Begin your journey of a flourishing and meaningful career, share your resume with us today!

• Proactively assist with the accounting and monitoring of $300M of Leidos inventory held across dozens of domestic and international locations.
• Support the accounting close process, including preparing and recording of Inventory journal entries, performing analysis, and completion of Inventory account reconciliations.
• Collaborate with finance and operational stakeholders with the monthly accrual process, ensuring the accruals are sufficiently supported for audit purposes and properly recorded in the ledger.
• Respond timely and professionally to the inquiries from finance and other cross-functional teams.
• Preparation of Lower Cost Net Realizable Value (LCNRV) analysis
• Review of Excess Inventory and Slow-Moving Inventory Analysis
• Help review and participate in Inventory Counts
• Support Management Test Counts and other Inventory oversight functions
• Support ad hoc requests and projects within Operational Accounting and from other stakeholders, such as finance, internal audit, external audit, government compliance, etc.
• Prepare periodic account reconciliations related to inventory accounts
• Analyze, describe and evaluate certain key account balances and fluctuations
• Support internal/external auditors and the Leidos Strategic Regulatory Compliance team on all inventory questions
• Interface with corporate departments (e.g. FP&A, Corporate Consolidations, Technical Accounting, Intercompany Accounting, Lease Accounting, and Corporate Tax) as needed
• Respond timely and professionally to all ad hoc inventory inquiries
• Ensure compliance with relevant Leidos accounting policies, SOX, FAR and DCAA requirements
• Training our customers and other Leidos teams on Inventory procedures, policy, and best practices
• Monthly close process, including posting entries and closing the Inventory ledger
• Escalate unresolved issues to direct supervisor
• Participate in the identification and implementation of automation opportunities and process improvements, including Robotics Process Automation, to optimize the monthly close process and reduce manual efforts.
• Willingness to volunteer and seek out projects and challenges that will help our customers internally and externally, and also help mitigate risks to Leidos

• Bachelor's degree in Accounting and 2+ years of experience.
• Knowledgeable of basic accounting principles, specifically Generally Accepted Accounting Principles.
• Strong computer skills, including proficiency in Microsoft Excel…