Senior Inventory Accountant, Amplify
$94-105k
+ Eligible to receive an annual discretionary bonus that rewards individual and company performance
K-12 curriculum & assessment publisher
Be an early applicant
K-12 curriculum & assessment publisher
1001+ employees
Be an early applicant
$94-105k
+ Eligible to receive an annual discretionary bonus that rewards individual and company performance
1001+ employees
Company mission
To help educators create the next generation of scientific innovators as well as citizens who are sceptical, curious, and evidence-based thinkers.
Role
Who you are
- Bachelor's degree in accounting or finance, CPA preferred
- Prior public accounting experience preferred
- Minimum of 3-6 years of progressive experience in inventory accounting or related roles
- Advanced knowledge of US GAAP, inventory valuation methods and cost accounting principles
- Proven leadership skills with experience building, managing and developing a team
- Ability to think strategically and drive process improvements to enhance efficiency and accuracy
- Excellent analytical and problem-solving skills, with meticulous attention to detail
- Effective communication and interpersonal skills, with the ability to collaborate cross-functionally and influence key stakeholders
- Ability to thrive in a fast-paced, dynamic environment and adapt to changing priorities
What the job involves
- As we continue to expand our operations, we are seeking a talented and experienced Senior Inventory Accountant to join our finance team and play a pivotal role in driving our success. You will be responsible for performing all aspects of inventory accounting, cost analysis, and financial reporting related to our inventory operations
- Reporting to the Senior Manager of Inventory Accounting, you will collaborate closely with cross-functional departments to ensure the accuracy, efficiency, and optimization of our inventory management processes
- Perform monthly reconciliations of inventory, ensuring accuracy and completeness
- Perform a variety of month-end close processes, including reviewing material and production variances, and reconciling stock ledger movements to Cost of Goods Sold P&L
- Maintain documentation of internal controls related to Inventory accounting
- Collaborate with internal stakeholders, including supply chain, logistics, and production teams, to streamline workflows and drive continuous improvement in inventory and cost accounting processes
- Strengthen end-to-end inventory processes and reporting
- Analyze inventory for potential excess and obsolete reserves
- Partner with operations teams to understand product costs, variance drivers, and optimize inventory management practices
- Assist in the development and implementation of process improvements to increase efficiency and quality
- Drive the use of data analytics tools to identify cost reduction opportunities and improve inventory forecasting accuracy
- Prepare variance analysis and other analytics to ensure complete and accurate financial results
- Support external audit processes, including providing necessary documentation and liaising with auditors as needed
Application process
- If selected, a background check will be required. As required by state and local laws and district policies, you may also be required to provide additional documentation, such as proof of vaccination or submit to enhanced background screening, including fingerprints
Our take
Since launching as Wireless Generation in the year 2000, before rebranding in 2012 after News Corp acquired the company, Amplify has grown into one of the leading providers of K-12 curricula, assessment and supplemental programs for ELA (English Language Arts), Math and Science.
The EdTech market has been growing rapidly for the last decade and more, and its value is expected to surpass 230 billion by 2030. This growth means that the company has plenty of competition from the likes of Khan Academy and Kaplan Test, but the fact that Amplify is used by around 10 million students puts it in a very strong position.
After a major growth funding round in 2021, Amplify acquired digital math tools developer Desmos. This is in keeping with its commitment to strategically acquire high-performing education companies in order to expand its own tech and product offerings.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 3 rounds)
Oct 2021
$215m
GROWTH EQUITY VC
Mar 2021
$0.1m
GRANT
Total funding: $263.3m
Company HQ
Dumbo, NY
Articles
Leadership
Larry Berger
(Co-Founder & CEO)Co-founded Wireless Generation in 2000 and was CEO until News Corp bought the company in 2010, becoming President and then CEO of Amplify post-acquisition. Serves on the boards of Touch Press, the Academy of American Poets, Lapham’s Quarterly, the Institute for Sustained Attention, and the Southern Education Foundation.
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