May 5, 2022

DIRECTOR OF INVENTORY ACCOUNTING

Centric Brands Greensboro, North Carolina

Specific Responsibilities Would Include Responsibilities: Direct and coordinate purchase price variances analysis, inventory reserves analysis, production overhead capitalization, direct shipment programs, deferred revenue, intercompany activities, and gross profit review Manage end-to-end inventory processes and provide analysis of company performance by collecting, interpreting, and presenting key reports to management Manage monthly inventory accounting month close Oversee preparation of monthly journal entries including work in progress, inventory adjustments, goods in transit, expense accrual etc. Oversee reconciliation of warehouse transfers and manage inventory valuation for new businesses Protect integrity of inventory by establishing, monitoring, and enforcing internal controls Monitor inventory accounting and related system reports for accuracy and completeness Collaborate with FP&A, Accounts Payable, Production, Operations, and Logistics departments to ensure accurate recording of inventory and related expenses Collaborate with Treasury department on borrowing base related field audits and inventory appraisals Assist the Senior Director, Accounting with the financial audits and provide recommendations for procedural improvements to ensure accounting procedures and reporting conform to generally accepted accounting principles Provide supervision and guidance to assigned staff with day-to-day operations, complex and technical inventory accounting tasks and issues, as well as personal and professional growth Assist in establishing departmental goals, objectives, policies, and operating procedures Perform other ad hoc duties as requested Our Best Fit Candidate Would Have Qualifications: 10+ years of relevant work experience, preferably with at least 5 years of inventory management experience Bachelor’s Degree in Finance or Accounting required; MBA or CPA preferred Manufacturing experience required Knowledge of SAP and BPC a plus Solid knowledge of GAAP (Generally Accepted Accounting Principles) and Sarbanes-Oxley Act (SOX) Strong analytical skills, strong communication and presentation skills, and strong leadership skills Centric Brands is an Equal Opportunity Employer.

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