Job Summary
The Director of Accounting – Inventory & Fixed Assets is a critical leadership position within the Global Close and Accounting Operations team, with responsibility for the accounting, reporting, controls, and process governance for inventory, product costing, and fixed assets. The role leads teams supporting U.S. operations and partners globally to ensure accurate financial reporting, consistent application of U.S. GAAP, effective internal controls, and continuous improvement across these areas.
Job Description
Leadership & Management:
- Lead the Inventory, Product Costing, and Fixed Assets accounting teams in the U.S., fostering a culture of collaboration, continuous improvement, accountability, and high performance.
- Develop and mentor team members and people leaders, provide opportunities for growth and professional development, and ensure the team structure aligns with business needs. Establish clear, achievable goals and provide thoughtful, regular feedback that identifies development opportunities and recognizes successes.
- Collaborate on and lead key initiatives, system implementations, integrations, and process improvements cross-functionally and within the inventory, product costing, and fixed assets teams.
- Ensure the teams operate with effective internal controls and consistent accounting practices globally.
- Serve as a key contact for external and internal auditors in facilitating the Company’s quarterly reviews and annual audits for inventory, product costing, and fixed assets.
- Lead strategic, tactical, and operational planning for the function, including direct budgetary responsibility for the department and major projects or programs.
- Manage through multiple managers as applicable, including hiring, performance management, training and development, resource planning, work assignment, and consistent application of organizational policies.
Inventory, Product Costing & Fixed Assets:
- Oversee accounting, reporting, and governance for inventory, product costing, and fixed assets, ensuring accurate financial reporting and compliance with U.S. GAAP.
- Own the related close processes, including review of material journal entries, account reconciliations, reserves, standard costs, inventory valuation, capital expenditures, depreciation, and asset retirements or disposals.
- Analyze operating results, significant estimates, and accounting judgments; identify risks and recommend actions to improve accuracy, consistency, and efficiency.
- Partner with Operations, Supply Chain, Divisions, FP&A, Tax, Treasury, and other stakeholders to maintain ownership and understanding of key inventory, product costing, and fixed asset accounting processes.
- Lead process improvements, system implementations, integrations, and policy development affecting inventory, product costing, fixed assets, and the global close.
- Support business integrations and major initiatives by establishing consistent accounting practices, controls, and reporting for assigned areas.
Compliance & Controls:
- Ensure compliance with U.S. GAAP, SOX requirements, internal policies, and other relevant accounting standards and regulations for inventory, product costing, and fixed assets.
- Provide governance over account reconciliations, journal entry review and approval, accounting policies, and documentation of control evidence for assigned areas.
- Partner with the Global Internal Controls team and internal and external auditors; lead timely remediation of identified control design or execution gaps, including action plans, control creation, evidence development, and accountability.
- Identify opportunities to streamline and standardize processes and controls, improve sustainability, and reduce the risk of control failure across global operations.
- Develop and deliver training to reinforce consistent understanding and application of accounting requirements, controls, policies, and documentation expectations.
Minimum Job Requirements:
- Bachelor’s degree in Accounting, Finance, or Business.
- CPA required.
- At least 8 years of accounting experience focused on U.S. GAAP accounting, reporting, and analysis, including significant experience with inventory, product costing, and fixed assets.
- At least 4 years of direct people-management experience, including hiring, developing, motivating, and directing employees; experience coaching and leading other people managers.
- Experience in a large, multinational company with complex operations and cross-functional accounting processes.
- Extensive internal controls and SOX experience, including remediation and change management.
- Broad U.S. GAAP expertise and advanced knowledge of accounting practices, controls, systems, and process optimization.
- Excellent attention to detail and strong communication skills, with the ability to manage competing priorities, adapt to change, and communicate effectively at multiple levels of the organization.
- Proven success leading cross-functional projects, driving change, and serving as a trusted business partner.
- Advanced Microsoft Excel skills, including IF and SUMIF(S) functions, index/match, and pivot tables.
Preferred Qualifications:
- Master’s degree in Accounting or MBA.
- Previous experience as a corporate or divisional controller and experience managing an offshore or global team.
- SAP, AS400, and QAD experience; SAP and system implementation experience strongly preferred.
- Consolidation system experience, such as Oracle EPM Cloud.
Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
The anticipated salary range for this position:
$177,000.00 - $266,000.00 Annual
The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.
Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions, paid time off, as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp. For a more comprehensive list of our benefits please click here.
We’re dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here.
Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.
.jpg?1732270634){kind=logo}
