Senior Inventory Cost Accountant

Job overview

The Senior Inventory Cost Accountant role is onsite in Los Angeles, CA. The stated compensation range is $100,000–$112,000 per year. The role supports Forgent Power’s inventory and manufacturing cost accounting processes. The accountant maintains accurate inventory valuation and product costing, supports month-end close and financial reporting, and analyzes cost variances. By partnering with Operations, Supply Chain, and Engineering, the role helps improve cost transparency, internal controls, and financial performance.

What you'll do

• Maintain and reconcile inventory balances for raw materials, work in progress, and finished goods
• validate inventory transactions
• calculate and maintain standard costs
• assist with annual cost roll-ups and bill-of-material reviews
• analyze purchase price, manufacturing, labor, and overhead variances
• support physical and cycle counts
• prepare and review journal entries
• complete monthly reconciliations and financial statement schedules
• analyze cost trends and margins
• support audits
• evaluate costing impacts of process changes, scrap, waste, and productivity improvements
• provide analysis for make-or-buy decisions and capital reviews
• improve processes and controls
• support ERP enhancements
• and ensure adherence to GAAP and company accounting policies.

What we're looking for

Skills & competencies

senior inventory cost accountant

cost accounting

inventory valuation

manufacturing finance

gaap

standard costing

variance analysis

erp

los angeles ca

forgent

$100k–$112k/year

Work arrangement

• Weekend coverage required

Why this role

The posting requires a bachelor’s degree in accounting, finance, or a related field; four to seven or more years of progressive accounting experience, including at least two years in cost accounting or manufacturing finance; strong GAAP and inventory-costing knowledge; and advanced Excel skills. CPA or CMA certification, ERP experience, and Lean or Six Sigma experience are preferred.

About the employer

Forgent is hiring for this role. Industry: Machine Shops. Sector: 33.