Mid Level Inventory Accountant Jobs
Mid level inventory accountant jobs go to professionals ready to own reconciliation cycles, lead cycle count programs, and resolve costing variances with limited oversight. Openings are concentrated in Manufacturing, Technology & Software, and Artificial Intelligence, with a mix of on-site, hybrid, and remote roles available from employers like Tesla, Google, and WHSmith hiring at this level now.
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The primary responsibility of the Senior Accountant, Inventory Accounting & Analysis is to support the financial accounting, reporting, and control of company inventory assets. This role is responsible for month-end and year-end close activities, inventory-related journal entries, account reconciliations, stock and shrink provision calculations, cost of goods sold analysis, and financial reporting. The position combines strong accounting expertise with analytical skills to identify trends, investigate variances, and provide actionable insight into shrink, waste, damage, obsolete stock, and other inventory-related risks.
Job Responsibilities
- Analyze shrink, waste, damage, obsolete and slow-moving stock, negative inventory, inventory adjustments, and other stock-integrity risks to identify trends, root causes, and financial exposure.
- Analyze inventory valuation, cost movements, gross margin, and cost of goods sold activity; investigate material or unusual variances and provide clear financial explanations.
- Develop recurring and ad hoc accounting and analytical reporting that supports close, forecasting, operational decision-making, and inventory risk management.
- Partner with Inventory Control, Finance, Operations, Supply Chain, Merchandising, Accounts Payable, and other stakeholders to resolve inventory accounting, costing, cutoff, and reconciliation issues.
- Support physical inventory and cycle count processes by validating financial impacts, reviewing significant adjustments, and reconciling results to the General Ledger and inventory systems.
- Identify and recommend improvements to inventory accounting processes, controls, reserve methodologies, reconciliations, and reporting.
- Communicate financial results, risks, exceptions, and required actions clearly to business partners and leadership.
- Prepare, maintain, and analyze stock provision and shrink provision calculations; evaluate reserve adequacy and recommend adjustments based on inventory trends, risk indicators, and approved accounting methodologies.
- Own and execute inventory-related month-end and year-end close activities, ensuring completeness, accuracy, and adherence to established close timelines.
- Prepare, review, and post journal entries related to inventory, cost of goods sold, shrink, waste, damage, obsolescence, stock provisions, physical inventory adjustments, and other inventory activity.
- Maintain, prepare, and record inventory-related transactions in the General Ledger, with appropriate documentation and audit support.
- Prepare and maintain monthly balance sheet account reconciliations and supporting schedules for inventory and related reserve or provision accounts.
- Ensure accurate and timely financial reporting in accordance with GAAP, company accounting policies, close procedures, and account reconciliation standards.
- Prepare audit schedules, account support, and documentation for internal and external audit requests.
- Perform work in accordance with company standards, protocols, policies, and internal controls.
- Perform other related duties as assigned.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field; Accounting degree preferred.
- 3-5 years of progressive accounting, inventory accounting, financial analysis, or audit experience.
- Strong knowledge of General Ledger accounting, journal entries, account reconciliations, month-end and year-end close, inventory accounting, and cost of goods sold.
- Experience preparing or supporting inventory reserves and provisions, including shrink, obsolescence, slow-moving stock, waste, and damage.
- Demonstrated financial analysis skills, including trend analysis, variance investigation, root-cause analysis, and clear communication of findings.
- Advanced Excel skills, including pivot tables, lookup functions, reconciliation-style analysis, and repeatable financial models.
- Strong attention to detail, organization, judgment, and ability to manage deadlines in a close-driven environment.
- Strong interpersonal and written communication skills with the ability to work effectively across Finance, Operations, and other functional teams.
- Experience with SQL, Power BI, Power Query, or similar data analysis and reporting tools.
Preferred Qualifications
- CPA designation or progress toward CPA certification.
- Retail, distribution, supply chain finance, or high-volume inventory accounting experience.
- Experience with ERP, General Ledger, and inventory management systems; Great Plains and Aptos experience a plus.
- Experience with SQL, Power BI, Power Query, or similar data analysis and reporting tools.
- Experience supporting physical inventory, cycle count, inventory valuation, and audit processes.
Overview
The primary responsibility of the Senior Accountant, Inventory Accounting & Analysis is to support the financial accounting, reporting, and control of company inventory assets. This role is responsible for month-end and year-end close activities, inventory-related journal entries, account reconciliations, stock and shrink provision calculations, cost of goods sold analysis, and financial reporting. The position combines strong accounting expertise with analytical skills to identify trends, investigate variances, and provide actionable insight into shrink, waste, damage, obsolete stock, and other inventory-related risks.
Job Responsibilities
- Analyze shrink, waste, damage, obsolete and slow-moving stock, negative inventory, inventory adjustments, and other stock-integrity risks to identify trends, root causes, and financial exposure.
- Analyze inventory valuation, cost movements, gross margin, and cost of goods sold activity; investigate material or unusual variances and provide clear financial explanations.
- Develop recurring and ad hoc accounting and analytical reporting that supports close, forecasting, operational decision-making, and inventory risk management.
- Partner with Inventory Control, Finance, Operations, Supply Chain, Merchandising, Accounts Payable, and other stakeholders to resolve inventory accounting, costing, cutoff, and reconciliation issues.
- Support physical inventory and cycle count processes by validating financial impacts, reviewing significant adjustments, and reconciling results to the General Ledger and inventory systems.
- Identify and recommend improvements to inventory accounting processes, controls, reserve methodologies, reconciliations, and reporting.
- Communicate financial results, risks, exceptions, and required actions clearly to business partners and leadership.
- Prepare, maintain, and analyze stock provision and shrink provision calculations; evaluate reserve adequacy and recommend adjustments based on inventory trends, risk indicators, and approved accounting methodologies.
- Own and execute inventory-related month-end and year-end close activities, ensuring completeness, accuracy, and adherence to established close timelines.
- Prepare, review, and post journal entries related to inventory, cost of goods sold, shrink, waste, damage, obsolescence, stock provisions, physical inventory adjustments, and other inventory activity.
- Maintain, prepare, and record inventory-related transactions in the General Ledger, with appropriate documentation and audit support.
- Prepare and maintain monthly balance sheet account reconciliations and supporting schedules for inventory and related reserve or provision accounts.
- Ensure accurate and timely financial reporting in accordance with GAAP, company accounting policies, close procedures, and account reconciliation standards.
- Prepare audit schedules, account support, and documentation for internal and external audit requests.
- Perform work in accordance with company standards, protocols, policies, and internal controls.
- Perform other related duties as assigned.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field; Accounting degree preferred.
- 3-5 years of progressive accounting, inventory accounting, financial analysis, or audit experience.
- Strong knowledge of General Ledger accounting, journal entries, account reconciliations, month-end and year-end close, inventory accounting, and cost of goods sold.
- Experience preparing or supporting inventory reserves and provisions, including shrink, obsolescence, slow-moving stock, waste, and damage.
- Demonstrated financial analysis skills, including trend analysis, variance investigation, root-cause analysis, and clear communication of findings.
- Advanced Excel skills, including pivot tables, lookup functions, reconciliation-style analysis, and repeatable financial models.
- Strong attention to detail, organization, judgment, and ability to manage deadlines in a close-driven environment.
- Strong interpersonal and written communication skills with the ability to work effectively across Finance, Operations, and other functional teams.
- Experience with SQL, Power BI, Power Query, or similar data analysis and reporting tools.
Preferred Qualifications
- CPA designation or progress toward CPA certification.
- Retail, distribution, supply chain finance, or high-volume inventory accounting experience.
- Experience with ERP, General Ledger, and inventory management systems; Great Plains and Aptos experience a plus.
- Experience with SQL, Power BI, Power Query, or similar data analysis and reporting tools.
- Experience supporting physical inventory, cycle count, inventory valuation, and audit processes.
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Who's Hiring
Top Industries Hiring
- Manufacturing
- Technology & Software
- Artificial Intelligence
- Biotechnology & Pharmaceuticals
Mid Level Inventory Accountant Jobs: Frequently Asked Questions
How do I get a mid level inventory accountant job?
Position your application around ownership, not task completion. Highlight reconciliations you led independently, discrepancies you identified and resolved, and any process improvements you drove. Tailor your resume to show progression in scope, such as moving from supporting month-end close to owning it. Certifications like CPA or CMA strengthen your profile, and demonstrated fluency with ERP systems like SAP or Oracle signals readiness for mid level responsibilities.
Which companies hire mid level inventory accountants?
Companies hiring mid level inventory accountants right now include Tesla, Google, and WHSmith, based on current listings on Migrate Mate as of November 2026. At this level, hiring tends to come from manufacturers, distributors, and large retailers that maintain complex, high-volume inventory operations and need accountants who can work with minimal supervision.
Are there remote mid level inventory accountant jobs?
Yes, though availability varies by industry and employer. About 0% of mid level inventory accountant openings are remote or hybrid as of November 2026, with fully remote roles more common in companies using cloud-based ERP platforms. Roles that require physical inventory oversight, cycle counts, or warehouse coordination tend to remain on-site or hybrid.
How do I move up to a mid level inventory accountant role?
Moving from entry level to mid level takes deliberate skill-building over your first few years. Focus on owning pieces of the close process independently, developing strong ERP proficiency, and volunteering for cross-functional projects with operations or supply chain teams. Demonstrating that you catch errors before they escalate and that you can explain variances clearly to non-finance stakeholders signals the readiness employers look for at the mid level.
Which industries hire the most mid level inventory accountants?
Mid Level inventory accountant roles concentrate in Manufacturing, Technology & Software, and Artificial Intelligence, based on current listings on Migrate Mate as of November 2026. These sectors drive consistent hiring at this level because they maintain large, dynamic inventory bases where accurate costing, valuation, and reconciliation directly affect financial reporting and operational decisions.