What are the responsibilities and job description for the Sr. Inventory Accountant position at VB Spine?
Location: Leesburg, VA
Company: VB Spine
Looking for a career where your work truly matters? At VB Spine, you’ll be part of a mission-focused team that supports surgeons during life-changing spinal procedures. We’re looking for driven individuals ready to learn quickly, adapt under pressure, and grow in a dynamic, fast-paced environment.
VB Spine is seeking a Senior Inventory Accountant who is responsible for managing and analyzing inventory transactions, cost of goods sold (COGS), and related variances to ensure accuracy and compliance with US GAAP and internal policies. This position supports the spine division’s operational and financial objectives by providing detailed inventory reporting and insights. The role requires strong collaboration with operations, supply chain, and finance teams, as well as an understanding of inventory flows in a regulated medical device manufacturing environment.
What You’ll Do
We believe in growing talent from within. At VB Spine, join a high-performing team, benefit from peer and executive mentorship, and shape strategy in the dynamic field of medical sales—positioning yourself to influence growth and innovation across the organization.
Compensation
Pay for this role is competitive and based on experience, with additional factors like territory requirements, qualifications, and performance taken into account. Final compensation is determined on a case-by-case basis and considers a variety of factors, including experience level, skillset, and market conditions.
Benefits Include
Company: VB Spine
Looking for a career where your work truly matters? At VB Spine, you’ll be part of a mission-focused team that supports surgeons during life-changing spinal procedures. We’re looking for driven individuals ready to learn quickly, adapt under pressure, and grow in a dynamic, fast-paced environment.
VB Spine is seeking a Senior Inventory Accountant who is responsible for managing and analyzing inventory transactions, cost of goods sold (COGS), and related variances to ensure accuracy and compliance with US GAAP and internal policies. This position supports the spine division’s operational and financial objectives by providing detailed inventory reporting and insights. The role requires strong collaboration with operations, supply chain, and finance teams, as well as an understanding of inventory flows in a regulated medical device manufacturing environment.
What You’ll Do
- Perform monthly inventory accounting close activities, including journal entries, reconciliations, and reporting of inventory and COGS.
- Analyze inventory transactions and variances (e.g., purchase price, manufacturing, scrap, cycle counts).
- Monitor inventory movement across manufacturing sites, third-party warehouses, third-party logistics providers (3PLs), and field locations.
- Maintain and reconcile inventory sub-ledger to general ledger; investigate and resolve discrepancies.
- Collaborate with operations and supply chain to ensure accurate product costing and inventory valuation.
- Support annual physical inventory and cycle count processes; ensure compliance with internal controls and regulatory standards.
- Prepare and analyze inventory-related reports for management and FP&A teams.
- Assist with standard cost updates and the annual standard cost roll.
- Work with external auditors during quarterly and year-end audits by preparing schedules and responding to audit requests.
- Recommend and implement process improvements to enhance accuracy, efficiency, and compliance.
- Support fixed asset management by tracking capitalized inventory equipment and coordinating with the fixed asset accountant.
- Ensure compliance with SOX/internal control requirements and applicable FDA or ISO standards.
- Bachelor’s degree in Accounting, Finance, or related field required.
- CPA or CMA preferred.
- Advanced Excel skills; experience with JDE or other ERP systems (i.e. SAP, Oracle) required.
- Training or knowledge of inventory/cost accounting in a regulated manufacturing environment is highly desirable.
- 4 years of progressive accounting experience, with at least 2 years focused on inventory or cost accounting.
- Experience in the medical device, pharmaceutical, or manufacturing industry preferred.
- Strong understanding of US GAAP, inventory valuation, and cost flows.
- Familiarity with standard costing, bill 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.
- Experience working in a SOX-compliant and FDA-regulated environment is a plus.
- Ability to work on site in an office environment
We believe in growing talent from within. At VB Spine, join a high-performing team, benefit from peer and executive mentorship, and shape strategy in the dynamic field of medical sales—positioning yourself to influence growth and innovation across the organization.
Compensation
Pay for this role is competitive and based on experience, with additional factors like territory requirements, qualifications, and performance taken into account. Final compensation is determined on a case-by-case basis and considers a variety of factors, including experience level, skillset, and market conditions.
Benefits Include
- Comprehensive health, dental, and vision insurance
- 401(k) with company match
- Paid time off (PTO) and holidays
- Ongoing training and professional development opportunities
- Opportunity to grow within a fast-paced, dynamic company
