Inventory Accounting Manager


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Posted 1 month ago

At Truepill, we are building the future of healthcare. Through our digital health platform, we empower our partners to deliver world-class patient experiences. With nearly five million prescriptions shipped, we’ve been included on Forbes’ “Next Billion-Dollar Startup” list and are proud to work with many of the world’s largest healthcare organizations. We never settle for how it’s done today. We invent how it will be done tomorrow. 
None of this is possible without the right team driving us forward. We are committed to creating an environment focused on racial and gender equality, inclusion, empowerment, and respect. We believe that when our teams feel supported and inspired, they turn that creativity into innovation. The type of innovation that benefits all of our people, our partners, and our patients.
We encourage our team members to expand their horizons and bring their passion and curiosity to work, every day. Come join us. Let’s build something great together.

What You'll Do:

  • Lead month-end inventory close processes including review of month-end journal entries, fluctuation analysis, and reconciliation of inventory, good received not invoiced and purchase price variance accounts
  • Prepare summarized month-end reporting for the senior management team around product costs, month over month and quarter over quarter improvements, and cost drivers
  • Work with internal finance, engineering, and operations teams to strengthen the end-to-end inventory processes, identify and implement automation efforts and document controls
  • Prepare weekly standard costing/purchase price variances analysis including identifying and explaining variances to product costs
  • Work with operations teams to analyze inventory for potential excess and obsolete reserves and make related entries in accordance with the company’s policies
  • Implement three-way matching process and maintain accurate costing of all products and ensure compliance with US Generally Accepted Accounting Principles (GAAP)
  • Identify opportunities to improve processes throughout the supply chain, while collaborating with cross-functional teams on owned processes, to drive greater efficiency and effectiveness
  • Manage the overall physical inventory process, work closely with operations and auditors to ensure a robust inventory counting process
  • Act as point inventory liaison for external auditors for year-end audits, including preparing work papers for the auditors and analyzing data. Collaborate with internal team and external auditors to ensure successful audit results and compliance

What You'll Need:

  • 6+ years of inventory and cost accounting experience; must have experience managing high volumes of inventory with a large number of SKU’s
  • Thorough knowledge of applicable inventory processes, US GAAP, systems, internal controls, and corporate procedures
  • Proficiency with accounting software and experience working in a large-scale ERP system with standard costing and inventory modules
  • Excelled computer skills: Microsoft Office Suite knowledge
  • Meticulous attention to detail and effective communication skills (verbal and written)
  • Passionate about building a young company and comfortable working in a fast-past changing environment
  • Ability to prioritize tasks effectively in order to ensure personal, department, and company-wide goals are accomplished Proven ability to thrive working in a highly collaborative team environment
  • Strong ability to self-reflect, learn and be honest about development areas
  • Experience with ERP system implementation a strong plus
  • Industry experience in healthcare a plus
Truepill is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Job tags: Accounting Compliance Computer skills Cross-functional ERP Reconciliation Supply Chain
Job region(s): Worldwide/Anywhere
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