Inventory Accountant

We are looking for an Inventory Accountant to join F45’s Finance & Accounting Team at its headquarters in Austin, TX. Reporting to our Sr. Manager, Accounting, the individual selected for this role will be responsible for inventory accounting across all channels, including owned inventory, consignment, and drop-ship models.

The Inventory Accountant’s position is critical to ensuring accurate inventory valuation, strong reconciliation processes, and scalable accounting operations in a high-volume, multi- entity environment. The role will also manage multi-currency inventory transactions and inter-company journal entries, ensuring accurate consolidation and alignment across entities.

Responsibilities

Inventory Accounting Ownership

• Manage end-to-end inventory accounting across multiple channels
• Perform physical-to-GL reconciliations and ensure completeness and accuracy
• Analyze inventory movement and resolve discrepancies across ERP and 3PL systems
• Maintain accurate inventory balances across multiple entities and currencies
• Enforce adherence to inventory SOPs across 3PL partners
• PO billing

Close & Reporting

• Prepare and review inventory-related journal entries, accruals, and reconciliations
• Record and reconcile multi-currency inventory transactions, including FX revaluation impacts
• Prepare, post, and reconcile inter company journal entries related to inventory flows
• Support month-end close with strong tie-outs and variance analysis
• Maintain audit-ready documentation and support audit requests

Systems & Controls

• Utilize NetSuite to manage inventory accounting and drive automation initiatives

• Identify process improvement opportunities and strengthen internal controls
• Support scaling of accounting processes alongside business growth
• Cross-Functional Partnership
• Act as a key liaison between Accounting and Supply Chain.
• Provide inventory insights and support operational decision-making

• 4+ years of relevant accounting experience
• Demonstrated experience in inventory accounting within high-volume environments
• Experience with multi-currency accounting and intercompany transactions
• Strong reconciliation, analytical, and problem-solving skills
• Experience with ERP systems (NetSuite mandatory)
• Working knowledge of:
• Inventory flows and movement analysis
• Drop-ship and consignment models
• Cost accounting fundamentals

Foundational knowledge of:

• ASC 606 (Revenue Recognition)
• ASC 330 (Inventory)
• ASC 250 (Accounting Changes and Error Corrections)
• ASC 270 (Interim Reporting)
• ASC 705 (Cost of Sales and Services)

Preferred Background

• CPG or consumer products industry experience
• Multi-entity and multi-currency accounting exposure
• Proven ability to partner cross-functionally with operations teams

FIT House of Brands offers competitive benefits including PTO, employer paid health and dental benefits. Life insurance, AD&D and short term and long term disability.