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Mgr., Inventory Acctg

The Bountiful Company

This is a Contract position in Ronkonkoma, NY posted February 17, 2021.

Company DescriptionThe Nature’s Bounty Co. is now The Bountiful Company!The Bountiful Company is a global leader in health and wellness, living at the intersection of science and nature. As a manufacturer, marketer and seller of vitamins, minerals, herbals, supplements, protein bars and powders, we are focused on enhancing the health and wellness of people’s lives. The brands of The Bountiful Company are some of the most trusted in the world including Nature’s Bounty®, Solgar®, Pure Protein®, Osteo Bi-Flex®, Puritan’s Pride®, Sundown®, Body Fortress®, MET-Rx®, Ester-C® and Dr.Organic®.Inclusion and Diversity in the workplace matters at The Bountiful Company.  This includes being focused on retaining and recruiting a diverse workforce and building a culture of inclusivity.  Our goal is to create a place where people feel respected, valued and able to bring their authentic selves to work each day. Did we mention that we also offer excellent benefits, competitive compensation and a progressive, healthy company culture? If you’ve ever spent your workdays watching the clock, you know how important a positive work environment is for a person’s well-being. The Bountiful Company is committed to supporting wellness in all forms. And when it comes to wellness, nature is a pretty good place to start.Job DescriptionThe Inventory Accounting Manager is a key member of the accounting team with a heavy,  hands-on focus on inventory accounting and reporting practices.  The Manager will oversee the inventory team and will play a significant role in the monthly inventory reporting process and prepare inventory analysis and supporting schedules.  In addition, this role with work closely with Supply Chain Finance and IT on developing new processes and improvements.Additional responsibilities include:                                                                                         Driving improved controls and efficiencies in the inventory accounting process.Contributing to business initiatives that impact inventory and cost accounting.Driving the month end close process with responsibility for ensuring the close process is completed smoothly and on time.Driving and implementing process improvements and maintaining compliance on key business processes.Maintaining ongoing reconciliation of in-transit inventory, Stock Ledger and General Ledger to investigate and reconcile variances.Processing various month-end journals applicable to inventory and cost of goods sold (COGS) and prepare related month-end reconciliations including flux analysis, month end inventory, and closing entries.Analyzing month end reports for variances to forecast and budget and follow up on unusual variances to ensure understanding.Supporting process flow initiatives conducted by Supply Chain and ensure that accurate accounting and valuation of inventory is maintained.Assisting with merchandising / planning partners in analyzing aging of inventory.Reviewing cost reports, gross margin reporting and variance analysis.Inventory receipt tracking and analysis.Leveraging an understanding of finance and accounting pertaining to sales, inventory, COGS and margin analysis.Mapping and understanding transactional inventory process flows.Inventory, general ledger and/or supply chain support.Presenting results to the business partners.Supporting and providing auditors with costing documents for annual audit.Job Requirements:Qualifications5+ years of experience in a retail, manufacturing, and/or consumer products industry and in Inventory SystemsTechnically savvy with a strong understanding of Microsoft OfficeStrong analysis skillsHighly motivated self-starter with the ability to work with sense of urgency, accuracy, teamwork and cooperation in a high-volume environmentExperience in leading and personally driving change and implementing best practicesStrong communication skills; able to convey a message that is clear and concise linking business issues, financial results and strategyExperience with AS400, Oracle Accounting systems a plusBachelor’s degree in Accounting and/or FinanceCertified Public Accountant (CPA) license, preferredAdditional InformationThe Bountiful Company is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.The Bountiful Company offers a competitive salary and a comprehensive benefits package, which includes health and dental plans, voluntary short-term and long-term disability, life insurance, flexible spending accounts, 401(k), tuition reimbursement, generous associate discounts and more!Please contact Human Resources at 631-244-2120 if you should need a reasonable accommodation to submit your information for our online job postings.