Senior Inventory Accountant
Location: Leesburg, VA (Hybrid: onsite Tuesday–Thursday)
Employment Type: Contract (W2)
Duration: November 2026 – March 2027
Pay Rate: $40/hour
Job Overview
Our client, a medical device manufacturer, is building a new accounting team in Leesburg, VA, and is looking for a Senior Inventory Accountant to join it. This role owns inventory accounting activities, including month-end close, reconciliations, variance analysis, and standard costing. You’ll work closely with operations, supply chain, and FP&A. Because the team is new, there’s real opportunity to help shape processes and drive improvements.
Key Responsibilities
- Perform monthly inventory accounting close activities, including journal entries, reconciliations, and inventory and COGS reporting.
- Analyze inventory transactions and variances, including purchase price, manufacturing, scrap, and cycle count variances.
- Monitor inventory movement across manufacturing sites, third-party warehouses, third-party logistics providers (3PLs), and field locations.
- Maintain and reconcile the inventory sub-ledger to the general ledger, and investigate and resolve discrepancies.
- Partner with operations and supply chain to ensure accurate product costing and inventory valuation.
- Support the annual physical inventory and cycle count processes in line with internal controls and regulatory standards.
- Prepare and analyze inventory-related reports for management and FP&A.
- Assist with standard cost updates and the annual standard cost roll.
- Support quarterly and year-end external audits by preparing schedules and responding to audit requests.
- Recommend and implement process improvements to improve accuracy, efficiency, and compliance.
- Support fixed asset management by tracking capitalized inventory equipment and coordinating with the fixed asset accountant.
- Ensure compliance with SOX and internal control requirements and with applicable FDA and ISO standards.
Required Qualifications
- Bachelor’s degree in a business-related field
- 4+ years of progressive accounting experience, including at least 2 years in inventory accounting
- Strong understanding of US GAAP, inventory valuation, and cost flows
- Familiarity with standard costing, bills of materials, and production order accounting
- Ability to analyze large data sets, identify trends, and communicate insights clearly
- Excellent attention to detail and organizational skills
- Strong interpersonal and cross-functional communication skills
Preferred Qualifications
- Experience in a SOX-compliant, FDA-regulated environment
Work Authorization
Candidates must be authorized to work in the United States.
Application Instructions
Interested candidates should apply directly through this posting and include a current resume.
No third-party applicants or submissions will be considered. We will only accept applications directly from individual candidates.