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Inventory Accounting Jobs in Michigan (NOW HIRING)

Laepple Automotive

Accounting Assistant

Detroit, MI · On-site

$67K - $81K/yr

Support inventory accounting activities, including cycle count reconciliation and physical inventory audits. * Review inventory transactions for accuracy and investigate discrepancies. * Support ...

Venteon

Senior Accountant, Commercial Accounting

Troy, MI · On-site

$69K - $87K/yr

Experience with inventory accounting, including COGS, reserves, and physical count reconciliation * Proficiency with ERP systems (SAP preferred) and comfort working with IT on integrations and ...

Slate Auto

Senior Accountant, Commercial Accounting

Troy, MI · On-site

$70K - $88K/yr

Own inventory accounting for accessories and merchandise including cost of goods sold, inventory adjustments, reserves, and monthly reconciliations * Manage end-to-end accounting for customer returns ...

Recar

Senior Accountant, Commercial Accounting

Troy, MI · On-site

$70K - $88K/yr

Own inventory accounting for accessories and merchandise including cost of goods sold, inventory adjustments, reserves, and monthly reconciliations * Manage end-to-end accounting for customer returns ...

Gerdau

Accounting Manager

Jackson, MI · On-site

Large inventory and fixed asset environments * SOX-compliant or publicly traded companies * Corporate reporting structures * Complex cost accounting and manufacturing analysis * Interaction with ...

Gerdau

Accounting Manager

Jackson, MI · Hybrid

Large inventory and fixed asset environments * SOX-compliant or publicly traded companies * Corporate reporting structures * Complex cost accounting and manufacturing analysis * Interaction with ...

Venteon

$59K - $79K/yr

Experience with Standard Costing and Inventory Accounting * Strong Microsoft Excel skills * ERP Systems Experience RESPONSIBILITIES of the Cost Accountant role * Maintain and analyze standard costs ...

Shinola

Senior Cost Accountant

Detroit, MI

$80K - $100K/yr

You will own key cost accounting processes including standard costing, inventory valuation, variance analysis, and reporting that support strategic business decisions and operational efficiency. This ...

Shinola

Senior Cost Accountant

Detroit, MI · On-site

$80K - $100K/yr

You will own key cost accounting processes including standard costing, inventory valuation, variance analysis, and reporting that support strategic business decisions and operational efficiency. This ...

Columbus McKinnon Corporation

Cost Accountant

Brighton, MI · On-site

$62K - $83K/yr

Supports manufacturing accounting function including general accounting, cost accounting, budgeting, inventory accounting & control, both standard & job cost generation and management of Bills of ...

Pleasantrees

Corporate Controller

Harrison, MI · On-site

$120 - $180/hr

You'll partner directly with executive leadership to strengthen financial operations, improve profitability, enhance reporting accuracy, optimize inventory accounting, and build scalable financial ...

New

Kar Nut Products Company

Cost Accountant

Rochester, MI · On-site

$60K - $80K/yr

Hands-on experience with standard costing, inventory accounting, and variance analysis * SAP S/4HANA Cloud experience required * Strong Excel skills and experience with BI / reporting tools

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Inventory Accounting information

What is inventory accounting?

Inventory accounting refers to the process of tracking and managing the value and quantity of a company's inventory. This involves recording purchases, sales, and adjustments to inventory, and determining the cost of goods sold (COGS) and ending inventory values for financial reporting. Proper inventory accounting ensures accurate financial statements, helps in making informed business decisions, and is essential for tax purposes. Different methods, such as FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and weighted average cost, can be used depending on the company's needs and accounting standards.

How does an inventory accounting professional typically interact with other departments within a company?

Inventory Accounting professionals frequently collaborate with teams such as operations, procurement, and warehouse management to ensure accurate inventory records. They work closely with these departments to reconcile inventory discrepancies, monitor stock levels, and implement process improvements that support both financial accuracy and operational efficiency. Strong communication skills are essential, as Inventory Accountants often facilitate cross-departmental meetings and provide actionable financial insights to support business decisions. This collaborative environment provides opportunities to build a broad understanding of the company's end-to-end inventory processes.

What are the key skills and qualifications needed to thrive in inventory accounting, and why are they important?

To excel in Inventory Accounting, strong analytical skills, attention to detail, and a solid understanding of accounting principles—often supported by a degree in accounting or finance—are essential. Familiarity with inventory management systems, ERP software like SAP or Oracle, and proficiency in Excel are typically required, along with relevant certifications such as CPA or CMA being advantageous. Excellent organizational skills, problem-solving ability, and effective communication help professionals collaborate across departments and resolve discrepancies. These competencies are crucial for ensuring accurate inventory records, supporting financial integrity, and facilitating efficient business operations.

What is the difference between Inventory Accounting vs Cost Accountant?

AspectInventory AccountingCost Accountant
Primary FocusTracking and managing inventory values and costsAnalyzing and controlling overall production costs
Work EnvironmentAccounting departments, warehouses, manufacturing firmsManufacturing plants, finance departments, consulting firms
Required CredentialsAccounting degree, CPA often preferredAccounting or finance degree, certifications like CMA beneficial
Industry UsageRetail, manufacturing, logisticsManufacturing, production, supply chain management

While both roles involve accounting principles, Inventory Accounting primarily focuses on valuing and managing inventory assets, whereas Cost Accountants analyze production costs to improve efficiency. Understanding these differences helps employers and professionals choose the right career path or job focus.

Is inventory accounting difficult?

Inventory accounting can be complex due to the need to track stock levels, valuation methods, and cost flow assumptions. It requires attention to detail, understanding of accounting principles, and proficiency with tools like spreadsheets or inventory management software. Certification or training in accounting can help improve accuracy and efficiency in this role.

What does an inventory accountant do?

An inventory accountant manages and reconciles inventory records, ensuring accurate financial reporting of stock levels and costs. They analyze inventory data, prepare reports, and may use accounting software to track inventory transactions and compliance with accounting standards.

What are popular job titles related to Inventory Accounting jobs in Michigan?

For Inventory Accounting jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Inventory Accounting jobs in Michigan look for?

The top searched job categories for Inventory Accounting jobs in Michigan are:

Inventory Accounting jobs near you
Infographic showing various Inventory Accounting job openings in Michigan as of August 2026, with employment types broken down into 70% Full Time, 27% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution.

Advanced Inventory Accounting Specialist

Denso

Battle Creek, MI • On-site

$93K - $116K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 29 days ago

DENSO rating

7.5

Company rating: 7.5 out of 10

Based on 129 frontline employees who took The Breakroom Quiz

15th of 45 rated automakers

Job description


JOB SUMMARY:
Under limited supervision, provides inventory accounting services to various DENSO locations across North America. Acts as a liaison to resolve outstanding issues. May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Computes cost value of raw materials work in process and finished goods for inventory purposes.
  • Analyzes actual costs versus standard costs and prepares reports of variances.
  • Compiles cost data for preparation of operating budgets.
  • Prepares estimates of new or proposed product costs.
  • Prepared lower of cost or market calculation, landed cost calculation, margin analysis and other requested calculations.
  • Maintains ledgers and financial statements.
  • Prepares financial reporting for inventory area, as needed.
  • Monitors inventory adjustments.
  • Responsible for all inventory/cost related journal entries for month end close.
  • Responsible for reconciling all inventory/cost related GL accounts in a timely manner.
  • Analyzes PPV (purchase price variance) and IPV (invoice price variance) each month to ensure accuracy of standard costs and PO pricing.
  • Works with other departments to improve physical inventory taking, with support from higher level.
  • May lead projects or project steps within a broader project or have accountability for ongoing activities or objectives.
  • Performs other duties as assigned.

QUALIFICATIONS:
  • Bachelor's degree in Accounting, Finance or related field
  • 5-8 years of relevant experience with At least 2-5 years of that experience must be in inventory/cost accounting
  • Knowledge of GAAP/IFRS is required, along with an understanding of current accounting operational structure (financial close, gross profit, J SOX, etc.)

SKILLS AND ABILITIES:
  • Strong written and verbal communication skills to discuss or transmit primarily factual information to internal and external customers in the normal course of performing duties
  • Strong analytical skills to investigate, interpret and reconcile information from several distinct sources in situations where conclusions or resolutions are discernible
  • Customer service skills to display a service-oriented attitude in addressing and responding to customer issues
  • Advanced understanding of accounting principles
  • Cross functional team member
  • Advanced process improvement (kaizen) mindset

BENEFITS SUMMARY:
  • Medical, Dental, Vision, Prescription Drug plans
  • 401K with 4% Company Match
  • Vacation/PTO and 13 paid Holidays
  • Bonus Program
  • FSA/HSA and Dependent Care Programs
  • Company provided Life, Disability, ADD and Business Travel Insurance
  • Various No Cost Wellness & Chronic Condition Management Programs
  • Various Optional Insurance programs such as legal, identity theft, critical illness, etc.
  • Tuition Reimbursement
  • Career Development and Ongoing Training
  • Employee Assistance Program
  • Employee Spotlight and Recognition Program
  • Volunteer Opportunities
  • Onsite Fitness Center (vary by location)
  • Cafeteria and food markets (vary by location)
  • Onsite Health Clinic and Pharmacy (vary by location)

Annual Salary: $93,000 - $116,000

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