Inventory Accounting Manager
SimpliSafe Finance is on a transformation journey, modernizing our financial systems, processes, and capabilities. We're looking for a leader to help us shape all aspects of inventory reporting. This individual will have a key role in our business transformation efforts as we scale. You’ll have the opportunity to work on projects that revamp and modernize the end-to-end inventory cycle, including designing controls and business processes, and enhancing reporting.
The Inventory Accounting Manager will play a key role managing the inventory financial close. This will include ensuring 3PL inventory reconciliations are performed, reviewing key inputs to our gross margin, and preparing monthly cost of good sold reporting. You will work cross functionally with the SimpliSafe Global Logistics teams and other internal and external stakeholders.
Essential Duties and Responsibilities
- Lead all aspects of reporting and analysis of inventory, ensuring reporting and transactions are in adherence with US GAAP
- Analyze product and sales channels profitability (i.e., Gross Margin Analysis)
- Support the general ledger and monthly financial close process through review of balance sheet account reconciliations (inventory on hand, inventory in transit, freight and warranty reserve accounts)
- Manage and review the inventory reserves analysis and propose adjustments as needed
- Oversee monthly consigned inventory analysis and review adjustments across all locations, investigating discrepancies
- Collaborate with Logistics team to drive best practices in terms of receiving, shipping, and inventory management that support the achievement of inventory accuracy goals
- Monitor effectiveness of controls in the inventory and cost accounting system while making recommendations for improvements
- Provide leadership and take accountability for identifying and driving process and inventory system improvement initiatives
- Drive continuous financial improvement and provide management effective understanding and analysis of inventory and COR results
- Ensure practices are in place to prepare and maintain schedules and supporting documentation needed for the year-end audit
About You
- Bachelor’s degree in finance or accounting
- At least five (5) years inventory accounting and reporting experience
- At least two (2) years of people management
- Experience with inventory cycle count monitoring programs in 3PL environments
- Big 4 public accounting experience and/or CPA preferred
- Thorough knowledge and understanding of inventory related functions and US GAAP
- Ability to prioritize, multi-task and work autonomously with demonstrated ability to meet deadlines
- Excellent analytical capabilities and ability to use multiple data sources to deliver insights
- Technology savvy in general, proficient with MSOffice and Google Workspace (Excel skills are a must). Tableau experience is a plus.
- NetSuite or similar Enterprise ERP experience
- Quick learner with an ability to adapt to change and excel in a very dynamic, fast-paced environment
- Ability to make recommendations and experience driving process improvement initiatives in the inventory cycle
- Ability to effectively communicate and collaborate with cross functional teams
What Values You’ll Share
- Customer Obsessed - Building deep empathy for customers and developing strong, long-term relationships with them.
- Aim High - Always challenging oneself and others to raise the bar.
- No Ego - “no job too small” attitude, and open, inclusive and humble style.
- One Team - highly collaborative approach to achieving success.
- Lift As We Climb - A track record of investing in developing others and helping others succeed.
- Lean & Nimble - working with agility and efficiency to experiment in an often-ambiguous environment.
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law. Likewise, we are committed to full support of qualified individuals in hiring and employment. In keeping with this commitment, we will work with qualified individuals with disabilities to assess whether a reasonable accommodation may be provided to perform the essential functions of their role, absent undue hardship. If a reasonable accommodation may be needed to fully participate in the job application or interview process, to perform the essential functions of a position, or to receive other benefits and privileges of employment, please contact careers@simplisafe.com.