Senior Accountant

The Senior Accountant – Inventory & Cost Accounting for BMD Inc., is responsible for maintaining the accuracy and integrity of inventory valuation, cost accounting, and related financial reporting across a complex, high-volume, multi-location and/or multi-entity environment. This position plays a key role in month-end closing, inventory reconciliations, cost of goods sold analysis, and internal controls. The ideal candidate is analytical, detail-oriented, systems-savvy, and capable of partnering cross-functionally to improve processes and support accurate financial reporting.

This role is critical to ensuring the integrity of inventory accounting, cost reporting, and financial results. The Senior Accountant – Inventory & Cost Accounting helps drive accurate decision-making by maintaining strong controls, delivering meaningful analysis, and partnering across the organization to improve financial and operational outcomes.

Competencies

• Builds High Performing Teams/Strategic Talent Management


• Business Acumen


• Coaches and Manages Conflict/Courage


• Communication


• Company Values


• Continuous Improvement


• Decision Making


• Drives for Results


• Focus on Customers


• Innovation and Creativity


• Leads Change


• Partnership/Builds Relationships


• Strategic Thought Leadership

Essential Functions

1.  Oversee monthly inventory close processes, including journal entries, reconciliations, and flux analysis.


2.  Ensure accurate inventory valuation in accordance with company policy and applicable accounting standards.


3.  Review and analyze cost of goods sold and gross margin trends to identify issues, risks, and opportunities.


4.  Monitor inventory reserves, including obsolescence, excess, slow-moving, and shrink reserves, and recommend appropriate adjustments.


5.  Reconcile perpetual inventory records to the general ledger and investigate discrepancies.


6.  Partner with operations and other cross-functional teams to analyze variances, cycle count results, and physical inventory adjustments.


7.  Support the development and maintenance of strong internal controls over inventory and costing processes.


8.  Lead inventory-related activities for the month-end and year-end close processes.


9.  Prepare account reconciliations with clear supporting documentation and timely resolution of reconciling items.


10.  Assist with external audit requests related to inventory, cost accounting, and internal controls.


11.  Support financial reporting and consolidation processes across multiple locations or legal entities.


12.  Identify and implement process improvements to enhance efficiency, consistency, and accuracy in accounting operations.


13.  Work closely with ERP systems to validate data integrity and ensure reporting accuracy.


14.  Develop, maintain, and enhance reporting tools related to inventory turnover, gross margin, and working capital analysis.


15.  Use advanced Excel and reporting tools to analyze large data sets and provide actionable insights.


16.  Assist with ERP implementations and system upgrades, including inventory data migration, chart of accounts mapping, system testing, and validation of inventory and costing workflows.


17. Collaborate with finance and operational teams to improve system utilization and reporting capabilities.

Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

Qualifications

• Bachelor’s degree in accounting or finance (CPA eligible preferred)


• 4-6 years of progressive accounting experience, with significant exposure to inventory and cost accounting


• Strong experience in inventory-heavy environments (preferred)


• Solid understanding of GAAP related to inventory and cost accounting


• Experience working in complex, multi-location or multi-entity environments preferred


• Advanced Excel skills: ERP system experience required


• Strong analytical, problem-solving, and communication skills