Senior Director of Accounting (Inventory, Manufacturing Operations and Costing)

• Location: San Fernando Valley, California
• $155000 base salary
• Type: Direct Hire
• Job #1659
• Salary: $155,000 - $195,000

Title: Senior Director of Accounting (Inventory, Manufacturing Operations and Costing)

Industry: Energy, Utilities & Waste

Location: San Fernando Valley

Overview: Pacific Executive Search has been engaged on a search for a Senior Director of Accounting focused on inventory, manufacturing operations, and costing. In this hands-on role, you will provide strategic insights into cost management while collaborating closely with operations teams in the vibrant San Fernando Valley. This position offers significant opportunities for career growth as you drive process improvements and enhance financial reporting in a dynamic environment.

Description:

Responsibilities

• Manage the financial closing process related to inventory and cost operations for a publicly traded organization.
• Compile and prepare supplemental financial schedules on a monthly, quarterly, and annual basis.
• Assist in the preparation of the company’s Form 10-Q and Form 10-K, along with all necessary regulatory and compliance documentation.
• Conduct and review analyses of standard costing, Bill of Materials costing, inventory reserve assessments, and the actual settlement of production orders.
• Draft technical accounting analyses and memos as needed.
• Oversee inventory and cost operations to ensure comprehensive documentation of end-to-end processes and compliance with GAAP and other regulatory standards.
• Ensure timely documentation of all inventory and costing narratives and processes, including associated controls.
• Uphold adherence to company policies and procedures while ensuring the effectiveness of internal controls to maintain the integrity of financial statements.
• Facilitate the audit process by collaborating with external auditors during quarterly reviews and annual audits of financial statements for SEC filings.
• Establish and uphold policies, practices, and procedures for cost and inventory accounting.
• Lead process improvement initiatives to align with industry best practices and the strategic direction of the organization.
• Keep the organization informed about financial matters related to operations, reporting on business changes and their implications for cost and inventory management.
• Drive initiatives to improve gross margins across the organization, collaborating with manufacturing, sales, and engineering teams.
• Monitor and analyze gross margin performance, identifying trends and areas that require attention.
• Evaluate product costs and manufacturing overhead in partnership with global manufacturing operations.
• Manage inventory turnover and implement valuation methods to enhance financial performance.
• Prepare financial reports and forecasts concerning inventory and gross margins.
• Assess risks and opportunities related to inventory levels and supply chain financing.
• Implement cost-control strategies to minimize excess inventory and optimize working capital.
• Ensure accurate inventory accounting practices in compliance with GAAP.
• Collaborate with supply chain and operations teams to align financial strategies with inventory requirements.
• Enhance processes for tracking inventory, reporting, and financial reconciliation.
• Support the integration of ERP systems for streamlined inventory and financial reporting.
• Foster a collaborative and productive work environment, providing leadership, mentorship, and guidance to team members.
• Conduct performance evaluations, set objectives, and support career development within the team.

Qualifications

• In-depth knowledge of inventory financing, accounting principles, and financial modeling.
• Operational expertise with a strong understanding of general ledger, closing processes, and reporting.
• Proficient in spreadsheet applications and other relevant software.
• Experience working in a public company and familiarity with SEC financial reporting cycles.
• Proven ability to thrive in a fast-paced, dynamic, and entrepreneurial environment, emphasizing accuracy, creativity, integrity, sound judgment, urgency, and a balance of strategic and tactical skills.
• Demonstrated capability to inspire and lead others, exhibiting a strong work ethic and setting a positive example through recognition and encouragement.
• Ability to articulate clear, meaningful goals and focus team efforts, while adapting quickly to changing conditions.
• Commitment to fostering high morale, collegiality, effective teamwork, and delivering on commitments.
• Bachelor’s or Master’s degree in Finance, Accounting, or a related discipline.
• Preferred qualifications include CPA, CFA, or MBA credentials.
• 12+ years of progressive experience in finance, inventory management, or supply chain finance.
• Experience in a manufacturing environment with a focus on cost and inventory accounting.
• Demonstrated experience in financial reporting and meeting deadlines.
• Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Strong analytical, problem-solving, and decision-making capabilities.
• Exceptional leadership and team management abilities.
• Effective communication and interpersonal skills.
• Meticulous attention to detail and a commitment to high accuracy.