Inventory Accountant

CFS

Downer's Grove, Illinois

JOB DETAILS
SKILLS
Accounting, Accounting Close, Accounting Policies, Analysis Skills, Cost Accounting, Cost Control, Cost Reporting, Cost of Goods Sold (COGS), Cross-Functional, Detail Oriented, External Audit, FIFO, Finance, Financial Analysis, Financial Reporting, Generally Accepted Accounting Principles (GAAP), Internal Audit, Inventory Costing, Inventory Costs, Inventory Management, Inventory Reports, Maintain Compliance, Manufacturing, Mentoring, Microsoft Excel, NetSuite, Operational Improvement, Organizational Skills, Process Improvement, Purchasing/Procurement, Supply Chain, Supply Chain Operations, Supply Chain Optimization, Team Player, Time Management, Trend Analysis
LOCATION
Downer's Grove, Illinois
POSTED
2 days ago

Inventory Accountant

We are seeking a detail-oriented Inventory Accountant to oversee inventory management, cost accounting, and reporting. This role will ensure accurate inventory valuation, support financial reporting, and collaborate with operations and supply chain teams to optimize inventory processes and controls.

Why Work Here:




  • Impactful Role: Play a key role in maintaining the accuracy and efficiency of our inventory system, directly influencing financial performance




  • Collaborative Environment: Work closely with a diverse team across operations, supply chain, and finance to drive business improvements




  • Work-Life Balance: Enjoy flexible work schedules and a supportive, balanced work environment




  • Professional Growth: Access to learning opportunities, mentorship, and potential for career advancement in a growing company




  • Company Stability: Join a well-established company with a strong reputation and steady growth in the industry





Key Responsibilities:




  • Manage inventory accounting processes, including monthly and year-end inventory reconciliations




  • Ensure accurate costing and valuation of inventory, including standard cost updates, cost of goods sold (COGS) analysis, and inventory adjustments




  • Reconcile physical inventory counts with the general ledger and investigate discrepancies




  • Support month-end close process, ensuring accurate and timely reporting of inventory-related financials




  • Analyze inventory trends, perform margin analysis, and identify opportunities for cost control




  • Collaborate with supply chain, purchasing, and operations teams to improve inventory accuracy and efficiency




  • Assist with internal and external audits, ensuring compliance with inventory-related controls and procedures




  • Maintain and improve inventory reporting tools, systems, and processes




  • Support the implementation of new inventory systems or process improvements as needed




Qualifications:




  • Bachelor’s degree in Accounting, Finance, or related field




  • 2–4 years of accounting experience with a focus on inventory, cost accounting, or manufacturing




  • Strong understanding of inventory management, costing methods (e.g., FIFO, LIFO, weighted average), and COGS analysis




  • Proficient in NetSuite and Microsoft Excel




  • Excellent attention to detail and organizational skills




  • Strong analytical skills and ability to work cross-functionally with operations and supply chain teams




  • Knowledge of GAAP and cost accounting principles



About the Company

C

CFS

Founded by CPA firms in 1994, Creative Financial Staffing has spent over 30 years helping job seekers and employers succeed. In fall 2025, we rebranded as CFS—a name that reflects our full range of expertise while staying true to the trusted company you know.

CFS is the industry’s leading employee-owned staffing firm, connecting top talent in accounting, finance, technology, and human resources. We provide skilled professionals on both a temporary and permanent basis across diverse industries, leveraging our extensive network to match the right people with the right opportunities.

Our dedication to excellence extends to our award-winning culture, recognized repeatedly for growth, recruiting, workplace environment, and employee support. Honors include Forbes’ “America’s Best Recruiting and Temporary Staffing Firms,” Staffing Industry Analysts’ top U.S. staffing rankings, FlexJobs’ Top 100 Companies for Remote and Hybrid Work, Top Workplaces USA, Newsweek’s Best Practices awards, and more.

COMPANY SIZE
500 to 999 employees
INDUSTRY
Financial Services
FOUNDED
1994
WEBSITE
http://www.cfstaffing.com/